Tag Archives: glassnode

Solana Struggles Against Bitcoin & Ethereum: Glassnode Explains Why

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The on-chain analytics firm Glassnode has revealed the reason why Solana (SOL) has recently been lagging behind Bitcoin (BTC) and Ethereum (ETH). Solana Realized Cap Growth Has Slowed Down Recently In a new post on X, Glassnode has discussed about how the recent performance of Solana has stacked up against the two largest coins in… Continue reading Solana Struggles Against Bitcoin & Ethereum: Glassnode Explains Why→

Solana Investors Stay Firm As Selling Pressure Eases – Details

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Solana (SOL) has been in the news over the last few weeks, albeit for different reasons. The popular altcoin was one of the many benefactors of a Donald Trump presidential victory, rising by 67.69% in three weeks after November 5 to reach a new-all time of $263.  However, this price surge has been followed by… Continue reading Solana Investors Stay Firm As Selling Pressure Eases – Details→

Bitcoin Traders Retain High Leverage Amidst Decline In Funding Rates – Details

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After hitting the $100,000 milestone, Bitcoin suffered a sudden price crash on Friday resulting in an estimated price loss of 7%. During this decline, the asset’s perpetual funding rates in the derivative markets took a hit. However, traders may yet retain enough leverage to strongly influence price volatility. Bitcoin Short-Term Outlook Uncertain Due To Heightened… Continue reading Bitcoin Traders Retain High Leverage Amidst Decline In Funding Rates – Details→

Bitcoin Profit Taking Relatively Muted Amid $93K Rally – Can BTC Climb Higher?

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Bitcoin (BTC) recently reached a new all-time high (ATH) of $93,477, as the leading digital asset inches closer to the highly anticipated $100,000 target. Notably, the ongoing price rally has seen relatively muted profit-taking, fueling hopes that BTC has further room to surge. Low Profit-Taking For Bitcoin In Current Cycle According to a recent spot… Continue reading Bitcoin Profit Taking Relatively Muted Amid $93K Rally – Can BTC Climb Higher?→

Bitcoin Realized Cap At All-Time High As Price Hits $77,000 For The First Time

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The Bitcoin price and the entire crypto market have been on a tear since the outcome of the United States elections was announced in the early hours of Wednesday, November 6. The premier cryptocurrency specifically has breached and printed new all-time high prices over the past few days. Interestingly, the price of BTC has shown… Continue reading Bitcoin Realized Cap At All-Time High As Price Hits $77,000 For The First Time→

Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn’t Be A Bad Thing, Here’s Why

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Glassnode co-founders Jan Happel and Yann Allemann recently indicated that a Bitcoin crash to $37,000 would be a good thing. They also explained why they wouldn’t be sad about such a massive price decline for the flagship crypto.  Bitcoin Dropping To $37,000 Would Be A Steal Happel and Allemann mentioned in an X (formerly Twitter)… Continue reading Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn’t Be A Bad Thing, Here’s Why→

Bitcoin Price Under Pressure? Analyst Explains Why Retreat Below $66,000 Is Bad News

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A crypto analyst has pinpointed the $66,000 mark as a crucial level for the Bitcoin price and its trajectory over the coming weeks.  Bitcoin Price Needs To Climb Above $66,000 — Here’s Why Popular crypto pundit Ali Martinez took to the X platform to share an interesting on-chain observation for the price of Bitcoin. This… Continue reading Bitcoin Price Under Pressure? Analyst Explains Why Retreat Below $66,000 Is Bad News→

Bitcoin Price Surges Above $64,000 — Here’s The Resistance Level To Watch

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The Bitcoin price performance has been uninspiring in the past week, mirroring the broader cryptocurrency market climate. However, the premier cryptocurrency seems to be ending the week on a high note following an unexpected Friday rally. The price of BTC appears to have received a breath of fresh air following Federal Reserve Chairman Jerome Powell’s… Continue reading Bitcoin Price Surges Above $64,000 — Here’s The Resistance Level To Watch→

Bitcoin Market Facing A Persistent Net Sell-Side Bias, Glassnode Reveals

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Following a tumultuous start to the month, the cryptocurrency market has yet to shake off the early August blues. The story has not been very much different for the price of Bitcoin, which struggled to make an impact in the past week. With BTC’s price almost 20% adrift of its all-time high of $73.737, there… Continue reading Bitcoin Market Facing A Persistent Net Sell-Side Bias, Glassnode Reveals→

Bullish on Bitcoin: Glassnode’s Latest Indicators Point to ‘Growing Optimism’

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As Bitcoin approaches a decade and a half years of flawless service, it becomes increasingly difficult not to accept its technical stability. Though it may be a technical accomplishment, this strength made Bitcoin different from many centralized systems, which can suffer outages and downtimes. Just last week, the global IT outage sparked by CrowdStrike revealed… Continue reading Bullish on Bitcoin: Glassnode’s Latest Indicators Point to ‘Growing Optimism’→