Glassnode

Bitcoin Endured Two Major Capitulation Events in H1, Glassnode Shows
glassnode

Bitcoin Endured Two Major Capitulation Events in H1, Glassnode Shows

Bitcoin has experienced significant ups and downs in the first half year due to various uncertainties and events like the LUNA collapse.

Bitcoin Hodlers are Unwilling to Spend at Lower Prices as Most Coins Remain Untouched
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Bitcoin Hodlers are Unwilling to Spend at Lower Prices as Most Coins Remain Untouched

Despite the bearish momentum experienced in the Bitcoin (BTC) market, long-term hodlers remain steadfast because they are not selling.

Bitcoin Still Needs Time to Form a Resilient Bottom, Glassnode Suggests
glassnode

Bitcoin Still Needs Time to Form a Resilient Bottom, Glassnode Suggests

A report from Glassnode suggests the Bitcoin (BTC) market still has not touched the bottom, despite capitulation happening.

Bitcoin Exchange Outflow Reaches its Lowest Mark in Over 3 Years
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Bitcoin Exchange Outflow Reaches its Lowest Mark in Over 3 Years

Cryptocurrency exchanges have continued to witness outflows in Bitcoin balances over the past couple of weeks

Bitcoin Mean Transaction Volume Soars 370% from the 2019/20 Market Cycle
glassnode

Bitcoin Mean Transaction Volume Soars 370% from the 2019/20 Market Cycle

Transaction volumes involving big cash inflows into Bitcoin is on the rise while small transaction cash is reducing.

Bitcoin Transaction Volume Hits a Monthly High as Crypto Adoption Surged by Over 881% Last Year
glassnode

Bitcoin Transaction Volume Hits a Monthly High as Crypto Adoption Surged by Over 881% Last Year

Bitcoin experienced an uptick in transaction volume recently, given that it reached a 1-month high of 47,433.025 BTC. A research reflected global crypto adoption on the rise, boosted by P2P trading activites.

Reasons Behinds Bitcoin Could Not Break the $50K Psychological Barrier
glassnode

Reasons Behinds Bitcoin Could Not Break the $50K Psychological Barrier

The leading cryptocurrency Bitcoin experienced a strong bullish rally this week, rebounding to the highest point of $50562.11. Here are the possible reasons behind the story why the price is unable to break through the $50K level.

Total Value Locked in Ethereum 2.0 Reaches Record-High as Gas Fees Decreased
glassnode

Total Value Locked in Ethereum 2.0 Reaches Record-High as Gas Fees Decreased

More investment continues trickling in Ethereum 2.0, which has broken the record, as disclosed by on-chain metrics provider Glassnode.

Bitcoin’s On-Chain Data Shows a Pattern of Accumulation is in Play
glassnode

Bitcoin’s On-Chain Data Shows a Pattern of Accumulation is in Play

The Realized Cap HODL Waves indicator, as availed by Glassnode, illustrates a pattern of accumulation is in play in the BTC market.

Bitcoin Fell Below $30K for the Second Time since mid-May, Low Institutional Demand Could Lead to Further Declines
glassnode

Bitcoin Fell Below $30K for the Second Time since mid-May, Low Institutional Demand Could Lead to Further Declines

Bitcoin fell below the $30,000 support level for the first time in four weeks. This time, due to the lack of institutional demand for Bitcoin and the large-scale sell-off of the safe-haven Bitcoin caused by the epidemic, the downward trend may be further exacerbated.

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