Glassnode
Green beret arrested for Polymarket insider trading allegations
The DOJ arrested an Army Special Forces soldier for using classified information about a planned Venezuela raid to place $33,000 in bets on Polymarket, winning $400,000. The CFTC is also pursuing parallel insider trading charges. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Bitcoin reset may be complete as onchain data points to cycle low
RHODL ratio suggests market conditions resemble cycle corrections rather than late-stage tops, as long-term holders regain dominance.
Bitcoin funding rates hit most negative since 2023, history suggests bottom is in
Despite a surge in short positioning, bitcoin has climbed toward $75,000, with past episodes of negative funding rates often aligning with local market bottoms.
Bitcoin passes halfway point in halving cycle as price gains trail prior cycles
Slower post-halving gains reflect bitcoin’s shift toward a more mature asset.
Bitcoin buyers gobbled up nearly 850,000 BTC between $60,000 and $70,000
A ton of BTC was recently traded below $70,000 in a sign of strong dip demand.
Retail investors drive widespread bitcoin selling as prices fall
Glassnode data shows distribution across cohorts as BTC falls below $67,000, with whales remaining largely neutral.
Bitcoin selling intensifies across all wallet sizes despite price holding near $70,000
Glassnode’s Accumulation Trend Score drops to 0.04 as smaller wallet cohorts offload BTC while macro headwinds intensify.
Traders snapped up nearly 600,000 BTC as bitcoin dipped below $70,000, blockchain data show
Glassnode data shows strong demand during bitcoin’s recent correction, with 200,00 BTC purchased over the past two weeks.
Bitcoin 'air pocket' above $72,000 could mean quick run to $80,000
Data shows an extraordinarily thin supply between $72,000 and $80,000, suggesting there's little resistance in that range.
One of the longest mining capitulations nears end, signaling potential BTC price bottom
Hash Ribbon recovery and sub production pricing suggest the worst of the bitcoin drawdown may have passed.
