Glassnode’s New Bitcoin Indicator Reveals Little Accumulation Took Place Recently
Glassnode's new Bitcoin indicator, the "accumulation trend score," shows the market has leaned towards distribution recently. Bitcoin Accumulation Trend Score ...
Tag: Glassnode
Bitcoin Mining Revenue Skyrockets To $33 Million Daily Following China Crackdown
The China crackdown on Bitcoin Miners is now proving to be a blessing in disguise. After two months of the ...
No, A Whale Didn’t Cause Bitcoin To Crash Overnight
Bitcoin price is down more than 10% from the weekend's new all-time high set above $60,000 after an overnight selloff. ...
Bullish For Bitcoin: BTC Supply Slowly Shifts From Whales Toward Smaller Entities
New data shows that the amount of Bitcoin held by smaller entities has grown significantly. Meanwhile, during the same time, ...
Last Time This Much Ethereum Was In Profit, ETH Declined By 50%
Ethereum has seen an explosive performance over recent weeks. The asset has gained approximately 50% in the past 10 days ...
How Can You Not Be Bullish on Bitcoin? Analyst Asks Due to New Data
Despite positive fundamental trends, not all involved in the cryptocurrency industry are bullish on Bitcoin. Take the example of Peter ...
These 3 On-Chain Levels Will Provide Bitcoin With Support as Price Crashes
Bitcoin's strength didn't last for long. After attempting to run past the resistance around $10,000 on Monday, the cryptocurrency strongly ...
Last 2 Times This On-Chain Signal Appeared, Ethereum Crashed. It’s Back Again
Ethereum has been on an extremely strong rally since the March lows, recovering to a local high of $250 from ...
