Glassnode notes transitional phase from bear to bull market
There is a cyclic transition in the Bitcoin market, driven by a sharp change in the balance of profits and losses. Glassnode analysts say as much.News, articles, and analysis on key events, indicators, and signals in the cryptocurrency market.
Glassnode notes transitional phase from bear to bull market
There is a cyclic transition in the Bitcoin market, driven by a sharp change in the balance of profits and losses. Glassnode analysts say as much.
Everscale price up 400% since the start of the year; team explains drivers
The price of Everscale (EVER) has risen by more than 400% since the start of 2023, with a 7-day gain of over 140%. In ForkLog, Broxus founder Sergey Shashev explained the reasons for the price rise.
Trading volume on the DeFi platform dYdX in 2022 reached $466 billion
Trading volume on dYdX for the full year 2022 reached $466.3 billion.
Experts link Bitcoin pullback to hedging ahead of Fed meeting
Bitcoin's price on January 30 fell by almost 4% as risk appetite waned ahead of Wednesday's Fed meeting. There was no significant activity hedging positions through options, according to Blofin Academy.
Glassnode: Bitcoin recovers from the fallout of the FTX collapse
Strong spot-market demand and January short-covering spurred Bitcoin's biggest rally since October 2021. For the first time since the FTX collapse, futures moved into contango, and exchange outflows shifted to inflows.
Institutions inject a record July-high volume of assets into crypto funds
Between January 21 and 27, $117 million flowed into cryptocurrency investment products — the highest since July 2022, according to CoinShares.South Korean prosecutors raid Bithumb offices
On 26 January, the Seoul Southern District Prosecutors' Office conducted searches at the offices of the cryptocurrency exchange Bithumb as part of an investigation into price manipulation of an unnamed coin.
Glassnode: Hodler behavior will determine the resilience of Bitcoin’s rally
The perception of the current Bitcoin rally as either a bull trap or an opportunity for strategic buying will shape the sentiment of long-term investors, according to Glassnode analysts.
Analysts See Bitcoin Entering the Early Stage of a Bull Market
Bitcoin could have entered a new bull phase, as many market participants have 'fallen out of the game' in recent months. However, the risk of a pullback and testing of recent lows remains, according to LookIntoBitcoin.
Glassnode flags a probable local maximum for Bitcoin
"Explosive" rally in Bitcoin at the start of the year wiped out investors' and miners' "paper" losses and, at the same time, called into question the continuation of the positive momentum, according to on-chain metrics. Glassnode analysts concluded this.We use cookies to improve the quality of our service.
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