Cryptocurrency Market

  • Market Cap: $3,783,092,721,459.17
  • 24h Vol: $365,372,383,364.26
  • BTC Dominance: 52.92%

glassnode

new-bitcoin-investors-show-confidence-amid-market-recovery,-says-glassnode 

New Bitcoin Investors Show Confidence Amid Market Recovery, Says Glassnode 

In a report by Glassnode and researchers Cryptovizart and Ukuria OC, bitcoin has reclaimed a key short-term cost basis after the Federal Reserve’s recent interest rate cut. This recovery signals the potential for further price momentum, although broader market conditions remain cautious. Bitcoin Reclaims Short-Term Cost Basis According to Glassnode, bitcoin’s price has risen above […]

New Bitcoin Investors Show Confidence Amid Market Recovery, Says Glassnode  Read More »

bitcoin-bounces-back-above-key-averages,-glassnode-sees-new-investor-resilience

Bitcoin Bounces Back Above Key Averages, Glassnode Sees New Investor Resilience

Bitcoin has recaptured its Short-Term Holder (STH) cost basis of $61,900 following the Federal Reserve’s recent 0.5% interest rate cut, according to Glassnode’s recent analysis. Despite the market’s ongoing consolidation, the report suggests new investors have demonstrated notable confidence in the long-term market outlook. Report Shows Despite Consolidation, New Bitcoin Investors Display Strong Market Confidence

Bitcoin Bounces Back Above Key Averages, Glassnode Sees New Investor Resilience Read More »

bitcoin-market-stagnation-signals-potential-for-future-volatility,-report-shows

Bitcoin Market Stagnation Signals Potential for Future Volatility, Report Shows

Bitcoin’s market is currently experiencing a period of stagnation, characterized by minimal capital inflows and outflows. According to an onchain analysis from Glassnode, researchers highlight that this inactivity may lead to heightened volatility in the near future. Glassnode Analysis Warns of Potential Volatility Glassnode’s report with researchers Ukuria OC and Cryptovizart reveals that demand for

Bitcoin Market Stagnation Signals Potential for Future Volatility, Report Shows Read More »

glassnode-reports-rising-bitcoin-hashrate,-etf-outflows,-and-lower-investor-engagement

Glassnode Reports Rising Bitcoin Hashrate, ETF Outflows, and Lower Investor Engagement

Glassnode’s latest report reveals a persistent rise in Bitcoin’s hashrate despite falling revenues for miners. Concurrently, investor engagement with exchanges and trade volumes are showing a notable decline, reflecting reduced appetite for speculation. Miners Persist Amid Bitcoin Market Challenges as Investors Reduce Activity Bitcoin miners continue to demonstrate resilience, as highlighted in Glassnode’s onchain report.

Glassnode Reports Rising Bitcoin Hashrate, ETF Outflows, and Lower Investor Engagement Read More »

report-highlights-short-term-bitcoin-holders-facing-heightened-unrealized-losses

Report Highlights Short-Term Bitcoin Holders Facing Heightened Unrealized Losses

A recent report from Glassnode, led by researchers Ukuriaoc and Cryptovizart, highlights growing stress among short-term bitcoin (BTC) holders. As market pressure mounts, these investors experience heightened unrealized losses, suggesting they may drive future sell-side activity. Glassnode: Unrealized Losses Climb for Short-Term Bitcoin Investors According to Glassnode’s onchain analysis, short-term bitcoin (BTC) holders are currently

Report Highlights Short-Term Bitcoin Holders Facing Heightened Unrealized Losses Read More »

bitcoin-faces-‘mid-cycle-wipeout’-as-markets-plunge:-glassnode-report

Bitcoin Faces ‘Mid-Cycle Wipeout’ as Markets Plunge: Glassnode Report

The latest report from onchain analysis firm Glassnode highlights a significant market downturn, marked by a 32% decline in bitcoin’s value, the largest drawdown of the current cycle. The study underscores the critical impact of this downturn on investor sentiment and the broader market dynamics. Glassnode Report: Bitcoin’s 32% Plunge Signals Mid-Cycle Market Low Glassnode‘s

Bitcoin Faces ‘Mid-Cycle Wipeout’ as Markets Plunge: Glassnode Report Read More »

coinbase-and-glassnode-report-highlights-a-stabilizing-crypto-market 

Coinbase and Glassnode Report Highlights a Stabilizing Crypto Market 

A recent joint report by Coinbase Institutional and the onchain analytics firm Glassnode reveals a maturing and stabilizing cryptocurrency market despite recent price corrections. The analysis highlights robust trading volumes, increasing onchain activity, and significant progress in regulatory frameworks. Crypto Market Matures Amid Price Corrections: Coinbase and Glassnode Report The study shows the third quarter

Coinbase and Glassnode Report Highlights a Stabilizing Crypto Market  Read More »

report:-speculation-returns-as-bitcoin-market-shows-signs-of-recovery

Report: Speculation Returns as Bitcoin Market Shows Signs of Recovery

Glassnode’s latest onchain analysis reveals a resurgence in speculative activity in the bitcoin (BTC) market after months of stagnation. This shift marks a potential change in market sentiment, with both short and long-term holders displaying increased engagement. Mt Gox Preparations Spark New Wave of Bitcoin Speculation Analysts at Glassnode reported the reappearance of speculative behavior

Report: Speculation Returns as Bitcoin Market Shows Signs of Recovery Read More »

us-government-plans-to-sell-over-41,000-bitcoins-confiscated-from-silk-road-hacker

US Government Plans to Sell Over 41,000 Bitcoins Confiscated from Silk Road Hacker

According to a court document filed on March 31, 2023, regarding the sentencing of James Zhong, who stole over 50,000 bitcoin from the Silk Road marketplace, the U.S. government plans to liquidate 41,490 bitcoin “over the course of this calendar year.” U.S. Government Discloses Strategy for Selling Confiscated Bitcoin The U.S. government, one of the

US Government Plans to Sell Over 41,000 Bitcoins Confiscated from Silk Road Hacker Read More »