Three-quarters of BTC addresses still in profit despite market decline: Glassnode
The report by Glassnode also revealed that up to 60% of the transaction volume is in what it calls “profit dominance”, and long-term holders are the most likely to be…
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Crypto market selling pressure remains Asia dominated: Glassnode
Investors based in Asia have generally been sellers while those in the US and EU have been buyers for the past two years with only one short exception.
On-chain metrics hint at a bearish outlook for Bitcoin
Bitcoin on-chain analysis is showing more short-term holders registering losses, and they are statistically more likely to sell according to Glassnode.
Huobi Co-Founder: We’re at Early Stage of Bitcoin Bear Market, Next Bull Run Expected in 2024
The co-founder of crypto exchange Huobi has shared his view about the current state of the bitcoin market and when the next bull run will be. “We are now at…
Willy Woo: ‘Peak fear’ but on-chain metrics say it’s not a bear market
“No doubt about it, people are really scared, which is typically [...] an opportunity to buy,” Willy Woo said.
Market Analyst Says ‘Whole Crypto Sphere Is in a Bear Market’ as Prices Continue to Slide Lower
The crypto-economy has been sliding in value this week and during the last 24 hours, it has lost 2.5% dropping to $2.3 trillion. The leading crypto asset bitcoin has slid…
The differences in trading in a bullish and bearish market, explained
Understanding the difference between bullish and bearish markets can help traders minimize risk in their investment portfolio.
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