Closely followed crypto analysts say that a weakening US dollar will lead to a huge rally in digital assets in the near future. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say that the dollar index (DXY) is nearing the end of a bounce which […]
The post Imminent Dollar Decline Will Trigger Massive Crypto Blow-Off Top, According to Glassnode Founders appeared first on The Daily Hodl.
The co-founders of the crypto analytics firm Glassnode think Bitcoin’s (BTC) sudden move to the upside could trigger an even larger rally. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say that Bitcoin’s sudden bullishness could result in a short squeeze. A short squeeze happens […]
The post $1,000,000,000 in Short Liquidations Could Propel Bitcoin (BTC) Upward, Says Glassnode Founders appeared first on The Daily Hodl.
An on-chain Bitcoin metric is suggesting that holders of BTC currently have very strong hands and are hesitant to let go of their coins, according to a Glassnode analyst. In a new video update posted to the social media platform X, Glassnode’s lead on-chain analyst, who goes pseudonymously as Checkmatey, takes a look at the […]
The post On-Chain Indicator Suggesting Bitcoin Holders Very Reluctant To Sell Coins Despite Post-ETF Correction: Glassnode Analyst appeared first on The Daily Hodl.
New data reveals that prominent centralized exchange (CEX) platforms, including Crypto.com and Bybit, saw their trading volumes surge in December. According to blockchain reporter Colin Wu, in December, the overall spot trading volume of centralized crypto exchanges rose 27.4% month-on-month despite some of them seeing notable dips. “In December, the spot trading volume of major […]
The post Crypto.com, Bybit and Other Centralized Exchanges See Trading Volume Skyrocket in December: Report appeared first on The Daily Hodl.
The co-founders of the crypto analytics firm Glassnode believe that altcoins are gearing up for a massive move to the upside. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say that the total market capitalization of digital assets besides Bitcoin (BTC) and Ethereum (ETH) is […]
The post Altseason Now Imminent As Crypto Markets Gear Up for ‘Major Move’: Glassnode Founders appeared first on The Daily Hodl.
A massive surge in crypto exchange flows suggests institutions could be preparing for the potential approval of spot market Bitcoin (BTC) exchange-traded funds (ETFs), according to the market intelligence firm Glassnode. Glassnode notes in a new analysis report that the 30-day simple moving average (SMA) of Bitcoin flows in and out of exchanges grew from […]
The post Massive Uptick in Exchange Volumes Could Suggest Growing Institutional Demand Ahead of ETF Approval: Glassnode appeared first on The Daily Hodl.
A widely followed analyst says that Bitcoin (BTC) is setting the stage up to skyrocket as one key indicator points toward strong momentum for the king crypto asset. In a new thread, macroeconomist and crypto strategist Henrik Zeberg tells his 121,200 followers on the social media platform X that BTC’s weekly relative strength index (RSI) […]
The post Bitcoin Gearing Up To Soar As Indicator Signals Strong Momentum for BTC, According to Analyst Henrik Zeberg appeared first on The Daily Hodl.
The co-founders of the blockchain analytics platform Glassnode are expressing bullish sentiment on Bitcoin (BTC). Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the X social media platform, say that the gold-to-Bitcoin ratio has “taken off” and is currently on an upward trend. The gold-BTC ratio, currently at 18.8, is […]
The post Bitcoin (BTC) Could Explode by Over 400% As ‘Major Risk-On Move’ Looms, According to Glassnode Co-Founders appeared first on The Daily Hodl.
The co-founders of the crypto analytics firm Glassnode believe Bitcoin (BTC) and altcoins are setting the stage for a parabolic move. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say that both Bitcoin and Ethereum (ETH) have printed bull flag patterns. A bull flag pattern […]
The post Bitcoin, Ethereum and Altcoins Set for Parabolic Move to Upside After Clean Breakout: Glassnode Co-Founders appeared first on The Daily Hodl.
The co-founders of a top crypto data analytics firm say that a reliable Bitcoin (BTC) indicator is signaling bullish moves for BTC. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, tell their followers that BTC’s market demand is outpacing its supply. Additionally, the Bitcoin network recently saw […]
The post One of the Most Reliable On-Chain Bitcoin Indicators Just Flashed Bullish, According to Glassnode Founders appeared first on The Daily Hodl.
