GLASSNODE
Tripling of Bitcoin Millionaire Wallets in 2023: A Deep Dive into the Crypto Wealth Explosion
In 2023, the number of Bitcoin wallets with over $1 million increased by 237%, indicating a significant shift in cryptocurrency wealth and market dynamics.
ETH Price Surpasses $2,000 Despite New Supply After Shapella Update
Despite concerns of a potential dump due to a new supply of Ether hitting the markets after the Shapella update, the price of ETH has surpassed $2,000 and maintains the level. Only around 1% of staked ETH may hit the market after Shapella, according to crypto analytics firm Glassnode. Crypto exchanges have expressed support for ETH unstaking.
Is Bitcoin Gearing Up to Exit the Current Bottom?
Since Bitcoin has been trading above the psychological price of $20K, Glassnode has released its weekly on-chain report titled “Hammering Out The Bottom,” scrutinizing the stakes and the risks that may lay on the road ahead.
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.
Bitcoin Endured Two Major Capitulation Events in H1, Glassnode Shows
Bitcoin has experienced significant ups and downs in the first half year due to various uncertainties and events like the LUNA collapse.
Bitcoin Hodlers are Unwilling to Spend at Lower Prices as Most Coins Remain Untouched
Despite the bearish momentum experienced in the Bitcoin (BTC) market, long-term hodlers remain steadfast because they are not selling.
Bitcoin Still Needs Time to Form a Resilient Bottom, Glassnode Suggests
A report from Glassnode suggests the Bitcoin (BTC) market still has not touched the bottom, despite capitulation happening.
Bitcoin Exchange Outflow Reaches its Lowest Mark in Over 3 Years
Cryptocurrency exchanges have continued to witness outflows in Bitcoin balances over the past couple of weeks
Bitcoin Mean Transaction Volume Soars 370% from the 2019/20 Market Cycle
Transaction volumes involving big cash inflows into Bitcoin is on the rise while small transaction cash is reducing.
Bitcoin Transaction Volume Hits a Monthly High as Crypto Adoption Surged by Over 881% Last Year
Bitcoin experienced an uptick in transaction volume recently, given that it reached a 1-month high of 47,433.025 BTC. A research reflected global crypto adoption on the rise, boosted by P2P trading activites.