Decline In Bitcoin Active Addresses Suggests Market Is Purging Paperhands
With the bitcoin bull market back in 2021 had come a lot of what is referred to as ‘bitcoin tourists’. ...
Tag: Glassnode
The Metric That Says A Further 50% Drawdown For Ethereum Is Possible
Past trend of the Ethereum value captured per byte metric suggests that a 50% drawdown from here is still possible ...
Glassnode: $7B In Bitcoin Losses Realized In Just Three Days, Highest In BTC History
Data from Glassnode shows more than $7 billion in Bitcoin losses was realized within three consecutive days, the most in ...
Glassnode: Bitcoin Market Behavior Has Now Returned To Strong Accumulation
Latest data from Glassnode shows investors in the Bitcoin market have shown strong accumulation behavior recently. Bitcoin Holders Show Strong ...
Glassnode’s New Bitcoin Indicator Reveals Little Accumulation Took Place Recently
Glassnode's new Bitcoin indicator, the "accumulation trend score," shows the market has leaned towards distribution recently. Bitcoin Accumulation Trend Score ...
Bitcoin Mining Revenue Skyrockets To $33 Million Daily Following China Crackdown
The China crackdown on Bitcoin Miners is now proving to be a blessing in disguise. After two months of the ...
No, A Whale Didn’t Cause Bitcoin To Crash Overnight
Bitcoin price is down more than 10% from the weekend's new all-time high set above $60,000 after an overnight selloff. ...
Bullish For Bitcoin: BTC Supply Slowly Shifts From Whales Toward Smaller Entities
New data shows that the amount of Bitcoin held by smaller entities has grown significantly. Meanwhile, during the same time, ...
