Glassnode: Ethereum poised to become deflationary after The Merge
After The Merge upgrade activation, Ethereum is likely to become deflationary.Glassnode is a blockchain data and intelligence platform providing insights into cryptocurrency markets.
Glassnode: Ethereum poised to become deflationary after The Merge
After The Merge upgrade activation, Ethereum is likely to become deflationary.
Glassnode: Bitcoin holds at $20,000 despite weak metrics
Speculators are using rebounds to sell Bitcoin amid weakness in on-chain metrics. The price has not retraced to its lows due to the lack of significant selling pressure, according to Glassnode analysts.
Glassnode doubts continuation of Bitcoin’s recovery rally
The rebound in Bitcoin and Ethereum prices in recent days is not accompanied by a fundamental improvement in on-chain indicators. This does not provide confidence in a fundamental change in the market outlook, according to Glassnode analysts.
Glassnode: Bitcoin price turnaround will take time
Bitcoin price bounced off the $20,000 level. Long-term indicators suggest that forming a firm foundation may require additional time, according to Glassnode.
Glassnode flags signs of Bitcoin bottom formation
Following the capitulation waves in May–June 2022, Bitcoin's price has traded below the Realized Price for a month. Other signals of a bottom formation have also appeared, according to Glassnode researchers.
Glassnode: Bitcoin market has not yet formed a firm bottom
The Bitcoin bear market has entered its final stage, with signs of deep capitulation, but signals of a bottom approaching have not yet formed. Glassnode analysts reached this conclusion.
Glassnode: Only hodlers remain to guard the market
A record drop in Bitcoin's price in June virtually eliminated the remaining 'market tourists', leaving only hodlers on the front line. Glassnode analysts concluded as much.
Glassnode: Bitcoin Dips Below $20,000, Triggering Miner and Hodler Capitulation
Bitcoin's drop below $20,000 sparked a new wave of deleveraging and liquidations affecting miners and long-term investors, according to Glassnode.
Glassnode: market downturn changes the behaviour of some bitcoin hodlers
A range of indicators suggests the market is entering the 'deepest phase of the bear market cycle'.
Glassnode: Most hodlers continue to accumulate Bitcoin positions
The Terra collapse pushed some long-term Bitcoin investors to realise losses, but many hodlers used the drop below $30,000 to increase their positions. Analysts at Glassnode concluded as much.We use cookies to improve the quality of our service.
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