#GLASSNODE News

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What Coinbase’s Ethereum ETF stance may mean for ETH’s price

ambcrypto.com The exchange addressed certain issues the regulator might have with approving the ETF. • ETH’s price might jump past $3,000 before the potential approval. Crypto exchange…

On-chain metrics reveal Bitcoin network’s health hinting at potential decline

cryptoslate.com Quick Take On-chain metrics grant an insightful glimpse into the health of the Bitcoin network. These indicators, namely new and active addresses and transaction counts, are…

Is Altcoin Season On? Here’s What Glassnode Data Says

newsbtc.com Here’s what the “Altseason Indicator” from the on-chain analytics firm Glassnode says regarding if an Altcoin season is currently going on or not. What Altseason Indicator…

Bitcoin’s sustainable energy usage reaches new ATH of 55%

ambcrypto.com About 55% of Bitcoin’s energy needs were from renewable sources. • The network’s hash rate has also grown exponentially in recent years. Bitcoin’s [BTC] sustainable energy…

Long-Term Bitcoin Holders Shed 200k BTC: Here’s What It Means

cryptopotato.com After reaching $52,000 within a span of two years, Bitcoin seems to have encountered a barrier. It’s currently trading below this significant psychological threshold, but…

What’s Happening In Crypto Today? Daily Crypto News Digest

cryptonews.com Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news: Why is crypto…

Surges to Two-Year High Amidst Speculation of May ETF Approval

coinpedia.org Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010.…

Bitcoin exchange balance dips to lowest since 2018 as market shifts to HODLing

cryptoslate.com Since mid-March 2020, there has been a notable decline in the volume of Bitcoin stored in exchange wallets, marking a significant shift in investor behavior. At the time,…

Ethereum Price Hits $3,000 for First Time Since April 2022

unchainedcrypto.com Ethereum’s native token ether (ETH) hit a near two-year high ahead of $3,000 on Tuesday – the first time it has traded at this level since April 2022. The second largest…

Bitcoin Price Forecast: Is BTC Going To $60k or $48k As LTH Supply In Loss Shrinks?

coingape.com Bitcoin price forecast: BTC, the king of crypto, is facing a crucial period as various factors shape its prospects in the short and long term. Bitcoin ETFs sparked mixed…

Nearly 450,000 BTC acquired by short-term holders since December

cryptoslate.com Quick Take Short-term holders (STHs), defined by Glassnode as investors who’ve held Bitcoin for less than 155 days, have significantly bulked up their holdings since Dec. 3,…

Bitcoin accumulation hits new peak ahead of upcoming halving

cryptoslate.com Quick Take Over the course of the past 30 days, Bitcoin cohorts have shown remarkable accumulation, hitting a high last seen in October 2023 with a total monthly balance…

Bitcoin’s correlation with Wall Street rises: Good news or bad?

ambcrypto.com The crypto market and traditional finance began to move in tandem in 2024 after a prolonged decoupling last year. Notably, the correlation between Bitcoin [BTC], and popular…

Bitcoin euphoria phase far off, Coinbase data suggests more growth potential

cryptoslate.com Quick Take The Bitcoin market, currently priced above $52,000, is treading the thin line between market greed and euphoria, according to Glassnode. Fear and Greed Index:…

Is Bitcoin Headed For A Shakeout? Price-Driven Changes Spark Questions About Miner Future

bitcoinist.com The recent price rally in Bitcoin (BTC) has brought a double-edged sword for miners, boosting network security but raising concerns about their long-term sustainability.…

Coinbase sees major Bitcoin withdrawal, holds lowest confirmed supply since 2015

cryptoslate.com Quick Take Data unveiled during Asia hours from Coinbase revealed a sizable withdrawal of over 18,000 Bitcoin, as confirmed by Arkham Intelligence, Glassnode, and Coinglass.…

Bitcoin’s hash rate surges, but what’s up with miner fees?

ambcrypto.com None The hash rate of the Bitcoin network has increased. Recent data indicated that the rise in Bitcoin’s [BTC] prices has notably affected both network difficulty and hash…

Bitcoin volumes reach a 2021 high in sign sophisticated investors are piling in

dlnews.com Exchange flows for Bitcoin are at levels not seen since the height of the previous bull cycle, as the impact of exchange-traded funds on market activity continues to churn.…

Bitcoin's 2023 Chronicles: Massive Gains And Exchange Anomalies

bitcoinmagazine.com So, 2023 has been pretty epic for Bitcoin. It's like Bitcoin woke up and decided to flex its muscles big time. We're talking a massive leap, over 140% in value – that's…

Bitcoin Bull Run: On-Chain Data Points To Declining Retail Participation

tradingview.com The price of Bitcoin has continued to soar this week, with the premier cryptocurrency consolidating its place above the $50,000 mark. Interestingly, on-chain data shows that…

Ethereum gas fees hit $84M last week, thanks to the ERC-404 hype

ambcrypto.com Gas price paid per transaction bounced to levels last seen during the memecoin frenzy of May 2023. • ETH witnessed a minor retracement in the last 24 hours, dropping below…

Bitcoin Short-Term Holders Just Locked In $647 Million In Profits

newsbtc.com On-chain data from Glassnode shows that the Bitcoin short-term holders have recently participated in a massive $647 million profit-taking event. Bitcoin Short-Term Holders…

Bitcoin Price Might Surge 30% in Coming Weeks If This Happens

coinpedia.org The post Bitcoin Price Might Surge 30% in Coming Weeks If This Happens appeared first on Coinpedia Fintech News After a solid breakout above $50,000 earlier this week,…

Bitcoin Price Weekly Report: BTC Tops $52k on ETF Boom, New ATH Before Halving?

coingape.com Bitcoin price rally above $50,000 this week was solely driven by interest in Bitcoin ETFs. The net inflow, which flipped into the positive region in late January, has over…

Bitcoin Contract Explosion: Frenetic Activity As $23 Billion Floods Major Exchanges

bitcoinist.com is back in the spotlight, with a surge in investor activity and contract holdings fueling more than 20% price jump this week. The leading cryptocurrency smashed through the…

Bitcoin’s network sees a 380% increase in hash rate since the start of the current cycle

cryptoslate.com Quick Take The Bitcoin network has recently seen a significant uptick in its difficulty adjustment and hash rate, as reported by CryptoSlate. A notable 8% rise in difficulty…

Will Bitcoin’s halving push BTC’s market cap higher than $1 trillion?

ambcrypto.com Demand for BTC with the supply cut after the halving could trigger a new high. • An analyst predicted that Bitcoin might hit a staggering $700,000. Bitcoin [BTC] hit a $1…

Bitcoin’s Rise To $52,000 Masks Potential Pitfalls Ahead, Analyst Warns

newsbtc.com Crypto analyst Justin Bennett has laid out a bearish narrative for the flagship crypto token Bitcoin. Based on his analysis, Bitcoin will likely drop below the $50,000 level…

Bitcoin Long-Term Holders Spend 300k BTC Amid Multi-Year Highs, Losses Thin Out

cryptonews.com Almost all Bitcoin long-term holders are back in the black this week after the leading digital asset resurged above $50,000 on Monday for the first time since December 2021.…

What Bitcoin below $50K means for long term holders

ambcrypto.com The main catalyst of the retracement was the higher-than-expected inflation data. • LTH supply held in loss fell to 6.5%, paving way for distribution. Bitcoin’s [BTC] stay…

Bitcoin’s Bull Run: Can It Break $100,000 Before the Year Ends?

investorplace.com Bitcoin (BTC-USD) surged from $38,500 to more than $50,000 per token over the past three weeks. That’s the kind of move long-term bulls like to see, and momentum traders are…

Bitcoin: Why investors shouldn’t worry about BTC below $50K

ambcrypto.com None Buying pressure on BTC was high as exchange reserves dropped. Bitcoin [BTC] investors recently had a setback as the king of cryptos’ bull rally halted. However, they…

Bitcoin Long-Term Holders Spent 300k BTC Since Supply Peak in November 2023: Glassnode

cryptopotato.com Long-term Bitcoin investors have seen their patience and conviction rewarded thanks to the crypto asset’s rally to multi-year highs above $50k. According to the latest data…

Bitcoin’s risk-adjusted return potential skyrockets as Sharpe Signal surges

cryptoslate.com On Jan. 26, Glassnode’s Sharpe Signal hit its lowest level since March 2020. It dropped to 0.2531 from a high of 0.7042 on Jan. 10. However, by Feb. 11, as Bitcoin’s price…

Ethereum staking supply crosses 25%, but it’s not the end yet

ambcrypto.com ETH’s staked supply has more than doubled since the Shapella upgrade. • The number of validators looking to enter the network jumped to a 4-month-high. Ethereum [ETH]…

Ethereum Is Not Decentralized. 85% of Ethereum's total supply is held by entities that have 100 ETH or more, and 30% of the supply is in the hands of (wallets…

deltecbank.com With “the Merge” to Ethereum 2.0, the world’s second largest blockchain network by market cap has been the talk of the town. We have heard and read some postulating that…

Hot Inflation Data Triggers Crypto Correction After Bitcoin Hits $50,000 for First Time Since 2021

dailyhodl.com Higher-than-expected inflation data preceded a correction on Tuesday morning that brought Bitcoin (BTC) below the $50,000 price level. According to the Bureau of Labor…

Bitcoin ETF inflows in US mark largest price boost since approval

cryptoslate.com Quick Take An in-depth analysis of Bitcoin price variations across different regions, based on a 30-day metric, reveals intriguing patterns. The data from 8 am to 8 pm in…

Crypto Fear and Greed Index Soars to Highest Level Since Bitcoin’s ATH in 2021

cryptopotato.com The Crypto Fear and Greed Index, a tracking tool for market sentiment in crypto, has surged as high as 79 out of 100, hitting a level not seen since Bitcoin peaked at…

Why buying Bitcoin at $50K may be a wrong move

ambcrypto.com Open Interest climbed to its highest in over two years as Bitcoin eyed $52,000. If you are planning on buying Bitcoin [BTC] for quick gains because the price hit $50,000,…

Bitcoin On-Chain Signal of Early Stage Bull Markets Now Showing Up, Says Analytics Firm Glassnode

dailyhodl.com Analytics firm Glassnode says that an on-chain metric for Bitcoin (BTC) that has historically signaled the early stages of a bull market is showing up on the radar.…

Bitcoin Enters “High-Risk” Zone Hinting at Early Bull Market: Glassnode

watcher.guru Leading crypto analytics platform Glassnode has reported that key on-chain indicators assessing Bitcoin’s value have entered a “high-risk” zone. This potentially signals…

Bitcoin Price Prediction as $20 Billion Pushes BTC Above $48,000

cryptonews.com Bitcoin‘s market position is bullish as it hovers near $48,000, amidst widespread anticipation of potential growth to $100,000. Glassnode’s analysis marks the current…

Correction Pattern Resurfaces: Is the Rally Ending?

coingape.com Bitcoin has once again raised a cautionary alert to traders as its 30-day market value to realized value ratio (MVRV) has gone above 11.50%. This movement has in the past…

February’s Bitcoin ETP net inflows close to total of previous three months

cryptoslate.com Quick Take ByteTree has reported a massive influx in the global allocation of Bitcoin among exchange-traded products (ETPs) since October 2023, adding roughly 100,000 BTC.…

Shiba Inu & Litecoin Rally: Will Scorpion Casino’s $4M Presale Eclipse Altcoin Leaders in 2024?

coinpedia.org The post Shiba Inu & Litecoin Rally: Will Scorpion Casino’s $4M Presale Eclipse Altcoin Leaders in 2024? appeared first on Coinpedia Fintech News Leading altcoins Shiba Inu…

Bitcoin’s greenhouse emissions drop 52% in last five years

ambcrypto.com Bitcoin’s Emissions Intensity was lower than many sectors, including Gold. • Bitcoin used more than 50% sustainable energy for mining activities over the years. Bitcoin’s…

Glassnode Study Signals High-Risk Bitcoin Regime, Hints at Early Bull Market Stage

news.bitcoin.com In the wake of the market’s recovery from the FTX collapse, a notable shift has occurred, pushing bitcoin into a high-risk regime, as indicated by the onchain analysis firm,…

With 85% Profitability: Here Are The Top 3 Altcoins To Add In Your Portfolio

coinpedia.org Zameer is a financial analyst and writer with a particular interest in cryptocurrency markets. He has been studying cryptocurrencies and their market behavior for several…

As Bitcoin Price Soars, These On-Chain Signals Are Flashing Bullish: Glassnode

decrypt.co As the Bitcoin price soars past $47,000 for the first time since last month, analysts say there are fundamental metrics showing strength across the board right now—and it…

Bitcoin Price Breaks Through $47,000: 3 Key Reasons

bitcoinist.com In an astonishing move, Bitcoin’s price has surged past the $47,000 mark, a feat that has caught the attention of investors and analysts alike. This significant price…

Bitcoin Price: What The MVRV Tells Us About BTC Price Trend Above $47,000

coingape.com After a challenging recovery from the dive below $39,000 in January, Bitcoin price seems to have left the bearish days behind and is ready to embrace the upcoming halving…

Binance Flips CME to Reclaim Top Spot in Bitcoin Futures OI After 3 Months

thecryptobasic.com Binance, the world’s largest cryptocurrency exchange, has reclaimed its top spot in Bitcoin (BTC) futures open interest (OI), towering over the Chicago Mercantile Exchange…

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