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Glassnode Reports Rising Bitcoin Hashrate, ETF Outflows, and Lower Investor Engagement

Glassnode Reports Rising Bitcoin Hashrate, ETF Outflows, and Lower Investor EngagementGlassnode’s latest report reveals a persistent rise in Bitcoin’s hashrate despite falling revenues for miners. Concurrently, investor engagement with exchanges and trade volumes are showing a notable decline, reflecting reduced appetite for speculation. Miners Persist Amid Bitcoin Market Challenges as Investors Reduce Activity Bitcoin miners continue to demonstrate resilience, as highlighted in Glassnode’s onchain report. […]

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Bitcoin Short-Term Holders Feeling the Stress As Correction Brings Positions Underwater: Glassnode

Bitcoin Short-Term Holders Feeling the Stress As Correction Brings Positions Underwater: Glassnode

Short-term holders (STHs) of Bitcoin are feeling pain as BTC falls in price, creating the potential for heightened volatility, according to analytics firm Glassnode. In a new report, Glassnode says that the short-term holder cohort is “heavily underwater” in their positions. “The Bitcoin market has continued to experience downward pressure over recent months despite the […]

The post Bitcoin Short-Term Holders Feeling the Stress As Correction Brings Positions Underwater: Glassnode appeared first on The Daily Hodl.

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Report Highlights Short-Term Bitcoin Holders Facing Heightened Unrealized Losses

Report Highlights Short-Term Bitcoin Holders Facing Heightened Unrealized LossesA recent report from Glassnode, led by researchers Ukuriaoc and Cryptovizart, highlights growing stress among short-term bitcoin (BTC) holders. As market pressure mounts, these investors experience heightened unrealized losses, suggesting they may drive future sell-side activity. Glassnode: Unrealized Losses Climb for Short-Term Bitcoin Investors According to Glassnode’s onchain analysis, short-term bitcoin (BTC) holders are currently […]

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Markets Expecting Bearish September – Making It Less Likely To Happen, Say Glassnode Founders

Markets Expecting Bearish September – Making It Less Likely To Happen, Say Glassnode Founders

The founders of analytics firm Glassnode say that a bearish monthly candle for Bitcoin in September is less likely than most market participants believe. Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,000 followers on the social media platform X that they doubt 2024 will print another red September. “September […]

The post Markets Expecting Bearish September – Making It Less Likely To Happen, Say Glassnode Founders appeared first on The Daily Hodl.

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

New Bitcoin Investors Going Through ‘Pain Cycle’ Amid Unrealized Losses: Glassnode

New Bitcoin Investors Going Through ‘Pain Cycle’ Amid Unrealized Losses: Glassnode

Bitcoin (BTC) short-term holders have absorbed most of the market’s recent losses, according to the crypto analytics firm Glassnode. The analytics firm defines short-term holders (STHs) as entities that have held their BTC for less than 155 days. Glassnode looks at the 30-day average of the STH Market Value to Realized Value (MVRV) ratio. The […]

The post New Bitcoin Investors Going Through ‘Pain Cycle’ Amid Unrealized Losses: Glassnode appeared first on The Daily Hodl.

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Long-Term Bitcoin Holders Likely Ramping Up Conviction on BTC Positions: Glassnode

Long-Term Bitcoin Holders Likely Ramping Up Conviction on BTC Positions: Glassnode

Long-term Bitcoin (BTC) holders seem to be doubling down on their bullish sentiment for the crypto king, according to blockchain analytics platform Glassnode. In a new analysis, Glassnode reports that Long-Term Holders (LTH), or addresses that hold coins for at least 155 days, do not appear phased by the recent market volatility and are adding […]

The post Long-Term Bitcoin Holders Likely Ramping Up Conviction on BTC Positions: Glassnode appeared first on The Daily Hodl.

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Bitcoin short-term holders ‘over-reaction’ a factor in BTC’s drop below $50K — Glassnode

Glassnode says short-term holders have “carried the brunt” of losses from Bitcoin’s recent drop below $50,000.

On Aug. 5, Bitcoin price crashed more than 15% to a six-month low of $49,050. Glassnode analysts believe the correction was an “overreaction” by short-term holders.

With Bitcoin (BTC) price hovering around $58,800 on Aug. 20, the average short-term holder (STH) — those who have held Bitcoin for less than 155 days — is now holding their coins in an “unrealized loss” position, according to an Aug. 20 report published by Glassnode analysts.

This group mainly consisted of those who purchased Bitcoin during the 2024 rally, when it reached its all-time high of $73,835 on March 14.

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Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

$100,000 Bitcoin Incoming, According to Glassnode Co-Founders – But There’s a Catch

0,000 Bitcoin Incoming, According to Glassnode Co-Founders – But There’s a Catch

The co-founders of crypto analytics platform Glassnode predict a six-figure price tag for Bitcoin (BTC) by 2025. In a new thread, Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,000 followers on the social media platform X that the crypto king will skyrocket to $100,000 by next year. However, the […]

The post $100,000 Bitcoin Incoming, According to Glassnode Co-Founders – But There’s a Catch appeared first on The Daily Hodl.

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Long-Term Bitcoin Holders Accumulate Over $22,058,146,000 in BTC Over the Past Three Months, According to Glassnode

Long-Term Bitcoin Holders Accumulate Over ,058,146,000 in BTC Over the Past Three Months, According to Glassnode

Long-term Bitcoin (BTC) holders are suddenly rapidly accumulating massive amounts of the top digital asset by market cap, according to blockchain analytics platform Glassnode. In a new analysis, Glassnode reports that Long-Term Holders (LTH), or addresses that hold coins for at least 155 days, have accumulated more than $22 billion worth of Bitcoin in the […]

The post Long-Term Bitcoin Holders Accumulate Over $22,058,146,000 in BTC Over the Past Three Months, According to Glassnode appeared first on The Daily Hodl.

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Bitcoin Holders Tighten Their Grip, Glassnode’s Latest Report Reveals

Bitcoin Holders Tighten Their Grip, Glassnode’s Latest Report RevealsThe latest onchain report from the analytics firm Glassnode highlights a resurgence in the holding (referred to as ‘HODLing’ in the report) behavior among bitcoin market participants, particularly long-term holders, despite the ongoing market volatility. Onchain data reveals that, following months of significant distribution pressure, the trend is now shifting back toward accumulation. Report Shows […]

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal