Glassnode

Glassnode

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Market Wrap: Bitcoin Holds Above $30K as Sentiment Improves

Bitcoin is holding up following a strong bounce from $30,000 support.

Bitcoin 24-hour price chart, CoinDesk 20

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Institutional Demand for Bitcoin Remains Weak: Glassnode

Demand indicators include the Purpose ETF experiencing a slowdown in net inflows and GBTC trading at a notable discount.

Glassnode

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Long-Term Bitcoin Holders Unmoved Despite Volatility, Blockchain Data Shows

Long-term bitcoin holders were unmoved during the recent correction, similar to previous turning points, according to Glassnode.

BTC spent output age bands

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Blockchain Data May Have Foreshadowed Monday's Bitcoin Price Rally

The SOPR indicator, which measures aggregate net profit/loss could signal a BTC market bottom, according to Glassnode data.

BTC SOPR Indicator

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Bitcoin Newbies Are HODLing as Prices Rise, Blockchain Data Suggests

The new generation of HODLers were forged during market rallies over the past year, and show no signs of slowing down.

The term "HODL" is crypto-industry slang for the practice of holding tokens for the long term.

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Bitcoin Traders Keep Buying the Dip, Blockchain Data Suggests

More bitcoin may be getting HODLed, blockchain data shows.

CoinDesk's Bitcoin Price Index

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CryptoQuant Makes Changes After Misfired ‘Whale’ Alert, Bitcoin Sell-Off

Blockchain data can enhance market transparency, ostensibly leveling the playing field. Here's what happens when it doesn't.

todd-cravens-QnBrjY-nFUs-unsplash

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Bitcoin Sets Fresh Record Above $50K Pushing Yearly Gains to 69%

Bitcoin reached a new all-time high of $50,001.35 Tuesday morning, just days after breaking above $48,000.

high, jump

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Traders Brace for Major Volatility as Bitcoin Price Nears Record Highs

Volatility has stayed relatively low through bitcoin’s slow march toward record highs.

Bitcoin 30-day and 180-day volatility in 2020