The US government moved almost 40,000 Bitcoins to wallets including the Coinbase cluster. A majority of the transfer were internal transfers while some Bitcoins were transferred to Coinbase. The reaso...
Tag: Glassnode
U.S. agency moves over 9k BTC to Coinbase: Glassnode
Ad According to on-chain data, the US law enforcement agency moved 49,000 Bitcoin (BTC) — over $1 billion — during the early hours of March 8. On-chain data provider Glassnode reported that the US age...
Bitcoin Price Retreats as Rejection at $23.5K Continues
Bitcoin enthusiasts come into this week with uncertain prospects as the crypto struggles to break through psychologically significant realized price levels. The market continues to reject bitcoin’s as...
OpenSea Rival Blur is Reviving NFT Activity: Glassnode
Blockchain intelligence platform Glassnode published a report on Wednesday analyzing how Blur – the new hotspot for NFT trading – is slowly reigniting the non-fungible economy on-chain. The firm note...
Crypto Seeing Inflows Of $4.5 Billion Per Month: Glassnode
Data from Glassnode shows the crypto market is currently observing capital inflows at the rate of about $4.5 billion per month. Crypto Market Recently Flipped From Seeing Outflows To Inflows According...
Bitcoin miners and short term holders are selling as whales accumulate, Glassnode data shows
Bitcoin (BTC) miners and short-term holders are selling despite the coin recently rallying to retest $25k for the first time this year. Meanwhile, long-term holders and whales appear to be accumulatin...
Bitcoin Long-Term Holders Still Selling At Loss: Glassnode
Data from Glassnode shows that Bitcoin long-term holders have still been selling their coins at a loss in recent days. Bitcoin Long-Term Holder SOPR Continues To Be At Values Below 1 According to the ...
Glassnode: Whale Activities Dropping on Bitcoin and Ethereum
Glassnode shows whale participation is fading away for Bitcoin and Ethereum. Number of ETH addresses holding up to 1,000 coins and above reached a one-month low. Whales are taking profit from recent m...
Analytics Firm Glassnode Issues Bitcoin Alert, Says BTC May Face Sell Pressure From This Investor Cohort
Market intelligence firm Glassnode says that Bitcoin (BTC) could soon face sell-side pressure from short-term holders (STHs) eager to cash in on the king crypto’s latest price uptick. In a new analyti...
Short-Term Bitcoin Investors Are Taking Profit After the Pump: Glassnode
Certain Bitcoin investors are selling while they can after the primary cryptocurrency reclaimed $23,000 earlier this month, according to Glassnode. The blockchain intelligence provider’s latest repor...
Bitcoin Bull Trap Or Bull Run? This Is What Glassnode Says
The Bitcoin price is up 40% year-to-date (YTD) and has recaptured the $23,000 level. However, with ongoing concerns around DCG and Grayscale as well as macroeconomic uncertainties, many investors doub...
Here Are Three On-Chain Signals That Suggest Bitcoin (BTC) Bear Market Is Over, According to Glassnode
Blockchain analytics firm Glassnode is offering three on-chain indicators that suggest the Bitcoin (BTC) bear market is in the rearview mirror. Glassnode first looks at the stablecoin supply ratio (SS...
Glassnode Points Out Bizarre Consistency In Bitcoin Cycles
Glassnode has pointed out a bizarre consistency between the current and previous Bitcoin cycles in terms of a metric, here’s what. Bitcoin Breaks Above 200-Day Simple Moving Average Line A “simple mov...
Bitcoin’s Yearly Start May Signal an Incoming Bull Market: Glassnode
Glassnode released its first on-chain video report of 2023 on Tuesday, reviewing what could be data-based indicators of an emerging crypto bull market. The firm noted that both Bitcoin and Ether’s pr...
How Much Power Does Bitcoin Network Consume? Here’s What Glassnode Estimates
Here’s some data from Glassnode that reveals estimates related to the power consumption of the Bitcoin network, if all miners used the same mining machines. Bitcoin Network Best-Case Scenario Would Be...
Staggering $3,200,000,000 in Stablecoins Exit Crypto Exchange Binance in 30 Days: Analytics Firm Glassnode
Leading analytics firm Glassnode says billions of dollars worth of stablecoins are being withdrawn from top crypto exchange Binance. Glassnode says that Binance has witnessed $3.2 billion in combined ...
Bitfinex closes week leading Bitcoin reserves according to Glassnode
CryptoSlate analysts examined the detailed proof-of-reserves of leading crypto exchanges outside of Coinbase and Binance. It revealed that Bitfinex holds the most significant Bitcoin (BTC) reserves, w...
Glassnode Raises Concerns Over Binance PoR Data, Was There A Mistake?
Binance, as one of the leading crypto exchanges, tried to exhibit transparency in its operations, especially on the security of customers’ funds. This led it to publish its proof of reserve (PoR) repo...
Glassnode Data Reveals Under Reporting Of PoR Assets
While Binance CEO Changpeng “CZ” Zhao tries to calm crypto Twitter about their financial health and withdrawals, Binance FUD seems to take more time. Binance CEO assures customers that their funds are...
Two Investor Cohorts Are Aggressively Accumulating Bitcoin Following FTX Implosion: Analytics Firm Glassnode
A leading analytics firm says that two groups of Bitcoin (BTC) investors have been heavily loading up following the collapse of FTX. Glassnode says that shrimps, or entities owning less than one Bitco...
Staggering $2,800,000,000 in Bitcoin (BTC) Has Exited Crypto Exchanges in Just One Month: Glassnode
Leading analytics firm Glassnode reveals that crypto exchanges are witnessing a massive exodus of Bitcoin as BTC holders take the initiative to self-custody their coins. According to Glassnode’s Bitco...
Glassnode and CryptoSlate Deep Dive: How a cold winter is impacting Bitcoin miners and why the fear has just begun – Issue 01
Glassnode Special Offer Explore all the live charts covered in this report in Glassnode Studio. ⚡Special offer⚡ For a limited time, you can save 40% on a monthly or yearly Glassnode Advanced plan and...
Bitcoin’s Mining Difficulty Taps a Lifetime High, Glassnode Says BTC Miners Remain ‘Under Immense Pressure’ – Mining Bitcoin News
On Sunday, Nov. 20, 2022, Bitcoin’s difficulty rise erased the recent 0.20% decline recorded two weeks ago, as the difficulty metric rose by 0.51% at block height 764,064. The increase on Sunday has p...
Glassnode Suggests Bitcoin Long-Term Holder Conviction Not Lost Yet
Data from Glassnode suggests Bitcoin long-term holder capitulation hasn’t reached a scale that would imply a widespread loss of conviction yet. Bitcoin Long-Term Holder Supply Has Declined By 61.5k BT...
Over $250,000,000 in Bitcoin Withdrawn From FTX, but One Group of Investors Isn’t Touching Their BTC: Glassnode
Blockchain metrics platform Glassnode says that FTX witnessed a massive Bitcoin (BTC) outflow amid news of liquidity challenges at the crypto exchange. Glassnode says that approximately 14,500 Bitcoin...
Glassnode: Bitcoin Demand Is Slowly Coming Back After Months Of Decline
Data from Glassnode shows demand on the Bitcoin network has been gradually recovering recently, after facing months of continuous decline. Total Amount Of Coins In Bitcoin Mempool Has Been On The Rise...
Glassnode: 14% Of Bitcoin Supply Has Been Redistributed Since July 2022
Latest data from Glassnode reveals that around 14% of the Bitcoin supply has been redistributed since the July of this year. 14% Of The Total Bitcoin Supply Has Changed Hands Since July 2022 As per th...
Glassnode Acquires Crypto Portfolio Tracking Tax Platform Accointing.Com
Leading crypto market intelligence provider Glassnode has acquired crypto portfolio tracking tax platform Accointing.com to allow users to track their portfolios in one place. Glassnode is an on-chain...
Massive Bitcoin Volatility Incoming, Crypto Market Like a Coiled Spring According to Glassnode
The cryptocurrency market is calm in the past few weeks, with no considerable movements happening in any direction. The major exceptions to the lack of volatility seem to be event-driven occasions lik...
Bitcoin Stakeholders With Over $1,490,000,000 in BTC at High Capitulation Risk, Warns Analytics Firm Glassnode
Leading analytics firm Glassnode warns that a certain group of Bitcoin holders that collectively own nearly $1.5 billion worth of BTC is in danger of capitulating. Glassnode says that Bitcoin’s hash r...
Bottom Formation in Play? Glassnode Looks at State of Bitcoin As Whales Accumulate Over $300,000,000 in BTC
Several metrics indicate Bitcoin (BTC) could be establishing a bear market floor, according to leading crypto analytics firm Glassnode. Glassnode notes in a new analysis that Bitcoin’s accumulation tr...