ETH is testing $250 level 43,000 ETH moved over past 7 hours Number of new ETH wallets reaches a new ATH According to the data shared by Glassnode analytics agency, the number of ETH holders has surged by slightly over 7 percent over the past twenty-four hours. Meanwhile, a gargantuan amount Read more…
Weakening fundamentals Bears in control? Data provided by Glassnode shows that Bitcoin, the leading cryptocurrency by market cap, could enter bearish territory if its fundamentals don’t improve in the nearest future. The GNI index, which describes the overall state of the Bitcoin blockchain, has slipped to 60 this week. This represents Read more…
Shedding light on compulsory sellers Bottoming out On-chain research firm Glassnode has noted that Bitcoin’s Puell Multiple metric is now in the green for the first time since January 2019. Hence, the firm states that it could be an ‘excellent period’ for investors to accumulate more BTC in order to be able Read more…
The number of HODLers with large amounts of BTC is constantly increasing, as Bitcoin shows a bullish trend, according to a report by Glassnode. This increase in the number of BTC whales has been the largest since the 2017 crypto boom, when Bitcoin also known as “digital gold” had its Read more…