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Last posts about glassnode.

Bitcoin 23/06/20 14:09 by John Kiguru
Bitcoin Back Above $9,600 And Ready To Pounce After Record Level Accumulation
Bitcoin is back above $9,600. While the 2% price change in 24 hours has been marginal, getting back above $9,600 is a key psychological move that could boost bullish sentiment. If this holds as suppo...
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Bitcoin 16/06/20 13:26 by Brenda Ngari
Current Bitcoin Whale Population Looks Exactly Like September 2017, Just As BTC Ascended To $20K
Over the last few days, bitcoin’s price action has been quite dramatic. On June 15, the bellwether cryptocurrency tumbled below $9k alongside the US stock market which also took a dive. A few hours...
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Altcoins 11/06/20 15:01 by John Kiguru
A ‘Price Crash’ Could Be Coming For Ethereum As Data Shows 80% Of ETH Supply Is In Profit
Ethereum could be on the brink of a major crash. New data suggests that Ethereum investors might trigger what would be its worst sell-off.  Glassnode has shared data that about 80% of Ethereum suppl...
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Altcoins 10/06/20 19:30 by Tony Spilotro
Why Did This Crypto User Spend $2.5 Million In Ethereum Fees To Send 0.5 ETH?
This morning, Ethereum network fees surged to over $2.6 million in a single hour. The spike in the metric was primarily due to one actor sending just 0.55 ETH, but paying over $2.5 million in USD valu...
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Altcoins 08/06/20 16:15 by Priyeshu Garg
Daily Network Fees on Ethereum Reached $500,000, Leaving Bitcoin Way Behind
The daily network fees on the Ethereum network have reached almost $500,000 on Jun. 7 for the fourth time in the network’s history. The huge uptick in-network fees now mean that Ethereum has surpass...
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Bitcoin 31/05/20 22:00 by Nick Chong
Key Indicator: Bitcoin and Other Top Cryptos Are Printing “Perfect Sell Setups”
After plunging last week, the Bitcoin market has mounted a hefty recovery over the past week. The leading crypto asset traded as high as $9,700 on Saturday evening — just a few percentage points shy...
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Bitcoin 30/05/20 13:09 by Brenda Ngari
The Last Time This Trend Occurred, Bitcoin Rallied To $20,000. It’s Back Again
Bitcoin and the crypto market, in general, have been performing rather well over the past few days. On Thursday, the OG crypto soared to $9,500, shrugging off the criticism projected by Goldman Sachs...
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Bitcoin 21/05/20 01:00 by Cole Petersen
Bitcoin Shows Signs of Weakness as 11-Year-Old Wallet Moves 50 BTC
The crypto market was surprised to find that an 11-year-old Bitcoin wallet from early 2009 – just after the cryptocurrency’s launch – is now moving BTC. This has sparked a plethora of theories t...
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Bitcoin 20/05/20 17:03 by Tony Spilotro
Blast From Bitcoin Past: Is Someone Close to Satoshi Moving 50 BTC From 2009?
The cryptocurrency community was just abuzz by breaking news that blockchain data has revealed that Bitcoin mined in February 2009 was just moved. The sum of BTC was among the first-ever cryptocurrenc...
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Mining 20/05/20 13:11 by Brenda Ngari
Why Bitcoin Mining Difficulty Just Dropped Considerably In Its First Adjustment Post-Halving
We are now in the 6.25 block subsidy era after the recent halving. With miners revenue cut in half, some miners with older model mining hardware were forced to leave the bitcoin network due to unprof...
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Bitcoin 20/05/20 11:32 by Nick Chong
Crucial On-Chain Metrics: Bitcoin on the Verge of Its Fourth Macro Bull Market
While Bitcoin has seen its fair shares of rallies and crashes since the 2017 highs of $20,000, the cryptocurrency has not yet entered its fourth macro market cycle. Though a crucial on-chain indicator...
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Bitcoin 19/05/20 23:00 by Cole Petersen
Data Shows Retail Traders Are Heavily Accumulating Bitcoin
The global events seen throughout 2020 have largely altered Bitcoin’s underlying market dynamic, causing the cryptocurrency to see a massive rise in institutional involvement. Many of these institut...
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Altcoins 19/05/20 13:16 by Brenda Ngari
It’s “Not Insane At All”, Says Adamant Capital Partner Tuur Demeester On Bitcoin Going To $50,000
Roughly two months ago, bitcoin was trading below $4,000. A liquidation spiral, coupled with heightened fears of a potential global recession caused by the COVID-19 pandemic triggered a massive sell-...
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Bitcoin 13/05/20 03:00 by Cole Petersen
Bitcoin Network Health Dragged Down by Waning Investor Sentiment
The past few weeks have been extremely positive for Bitcoin. Not only has the benchmark cryptocurrency has been able to erase virtually all of the losses that came about as a result of its decline to ...
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Altcoins 12/05/20 01:00 by Cole Petersen
Bitcoin Exits Third Ever Halving Event with Incredibly Strong Fundamentals
Bitcoin has officially seen its third-ever mining rewards halving event. This event – slated to occur every four years – reduces the block rewards by 50% in order to that the asset is deflationary...
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Bitcoin 11/05/20 16:40 by Brenda Ngari
Glassnode Co-Founder Explains 9 Reasons Why You Should Be Long-Term Bullish On Bitcoin
The past few days have been very volatile for the bitcoin price. On Saturday and early Sunday morning hours, bitcoin erased 15% of its value to sink to the low 8K level. The BTC price pullback cau...
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Bitcoin 09/05/20 23:40 by Marco Tulio
Why Bitcoin Is Seeing Increased On-Chain Activity From Hodlers and Whales
The number of HODLers with large amounts of BTC is constantly increasing, as Bitcoin shows a bullish trend, according to a report by Glassnode. This increase in the number of BTC whales has been t...
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Bitcoin 09/05/20 16:38 by Marco Tulio
Bitcoin Struggles to Overcome $10K Hurdle Amid Skyrocketing Halving Interests
Searches for “Bitcoin halving” on Google have seen an increase of 350%, compared to 2016 where its searches reached a value of 33 in their scales before the halving, indicating a highly i...
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Bitcoin 06/05/20 13:00 by Nick Chong
Bitcoin Whales Have Been Buying En-Masse Since Early-2020: “Macro Bullish” Sign
Unlike traditional assets, where many transactions are hidden, Bitcoin is almost entirely transparent. One may not know who made a transaction or who owns an address, yet people can gain access to da...
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Bitcoin 05/05/20 19:37 by Marco Tulio
Ahead of Bitcoin’s Halving, these two key metrics are posting all-time highs
The metrics used to measure Bitcoin’s mining activity are approaching their ATHs, indicating an increase in the number of active miners on the bitcoin network, as they eagerly prepare for next ...
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Bitcoin 05/05/20 03:55 by Nick Chong
4 Glaring Signs Show Bitcoin Could Rocket to New 2020 Highs In Coming Weeks
It’s been an explosive past few weeks for Bitcoin. The cryptocurrency, which traded in the $6,000s at the start of April, traded as high as $9,500 last week. While the ongoing rally has stalled ...
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Mining 04/05/20 22:57 by Brenda Ngari
The 10 Millionth Ethereum Block Mined As Launch Of ETH 2.0 Looms
The cryptocurrency community is celebrating the fact that ethereum miners have hit a huge milestone of 10 million blocks since the cryptocurrency’s inception. On Monday, the second-largest block...
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Bitcoin 29/04/20 03:00 by Cole Petersen
Indicator Shows Bitcoin is on the Brink of a Historic Bull Rally
Bitcoin has seen some lackluster price action throughout the past few days, generally finding itself caught within a bout of sideways trading within the mid-$7,000 region as bulls struggle to surmount...
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Altcoins 26/04/20 14:21 by Marco Tulio
Ethereum 2.0 on the Right Path as Number of Hodlers Accelerate
The Ethereum network is experiencing a high increase of potential ETH validators in anticipation of Ethereum 2.0, an evolution that will abandon the typical PoW algorithm of blockchains such as Bitco...
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Bitcoin 23/04/20 21:40 by Tolu
Data Reveals Bitcoin Hodlers are Accumulating Over $500 Million Worth of BTC Daily
As Bitcoin’s halving draws closer, Bitcoin holders are increasingly adding to their portfolio, in anticipation of the event. The Bitcoin market is consistently receiving hundreds of millions of dol...
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Bitcoin 21/04/20 01:00 by Cole Petersen
If History Repeats Itself, Bitcoin Will See a Massive Breakout Rally
Bitcoin has been caught within a steady uptrend throughout the past month, with the benchmark cryptocurrency’s overtly bullish reaction to its capitulatory drop to lows of $3,800 looking increasingl...
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Bitcoin 16/04/20 13:00 by Nick Chong
Even After 80% Rally, Data Shows Bitcoin’s Bull Run Is Just Beginning
Bitcoin has seen a strong reversal since last week’s highs. The cryptocurrency, which traded as high as $7,470 last week, is now changing hands for $6,550 — 12.5% below the highs, but nearly 8...
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Bitcoin 16/04/20 01:00 by Cole Petersen
Bitcoin Sees Rocketing New User Inflow: Will Looming Economic Crisis Spur Adoption?
Crypto traders have been closely watching the rapidly developing Coronvirus pandemic’s impacts on the global economy, as Bitcoin’s recent status as a risk-on asset has made it particularly prone t...
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Bitcoin 15/04/20 14:18 by Edwin Kinoti
Crypto exchanges record massive Bitcoin withdrawals as investors move into long-term holding
Crypto exchanges are witnessing dwindling Bitcoin volumes as investors continue to withdraw their coins. The trend has persisted since January with multiple exchanges recording substantial declines i...
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Bitcoin 15/04/20 01:00 by Cole Petersen
The Halving Could be Why Bitcoin Traders are Rushing to the Sidelines
Bitcoin is currently in the process of attempting to surmount the heavy resistance that has been established within the upper-$6,000 region, with this ongoing uptrend marking an extension of the momen...
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