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As Bitcoin’s network halving event draws near, Glassnode’s latest report sheds light on the evolving trading strategies in the face of significant demand from ETFs, signaling a pivotal shift in…
An in-depth examination conducted by the onchain analytics firm Glassnode, alongside the researcher Cryptovizart, has shed light on bitcoin’s unexpected rise to record-breaking highs just before the halving occurrence, unveiling…
The latest analysis by Glassnode suggests that the worst of the sell-offs could be concluded, but the market still needs time to recover.
Bitcoin’s long-term holders are beginning to suffer losses matching those from previous bear markets, and Glassnode believes the pain may continue, and even get worse.
Two days ago on November 30, the price of bitcoin (BTC) tapped a high that day reaching $59,250 per unit, but it has since dropped close to 5% in value…