Insights
-
URPD analysis: 7% of Bitcoin’s supply locked in $60,000 to $65,000 price range
Quick Take The URPD metric by Glassnode provides insights into the distribution of Bitcoin unspent transaction outputs (UTXOs) based on…
Read More » -
Bitcoin accumulation addresses decline sharply in 2024
Onchain Highlights DEFINITION: The number of unique accumulation addresses. Accumulation addresses are defined as addresses that have at least 2…
Read More » -
Bitcoin sees $117 million inflow into ETFs, Ethereum ETFs continue minor inflows
On Sept. 10, data indicated mixed Bitcoin ETF activity across several major issuers. Fidelity’s FBTC ETF saw the most significant…
Read More » -
US national debt hits $35.3 trillion as Bitcoin’s relative strength alters perspectives
The US national debt has reached a staggering $35.347 trillion as of Sept. 9, 2024, marking a significant increase of…
Read More » -
Bitcoin’s correlation with Nasdaq rises to 0.39, diverges from gold at -0.40
Bitcoin’s correlation with traditional financial markets has been a topic of significant interest and debate in recent months. The latest…
Read More » -
Annual US inflation falls to 2.5% as monthly CPI increases 0.2%, Bitcoin initially remains stable
Today’s US inflation data showed a slight uptick in August, with the Consumer Price Index (CPI) rising 0.2% monthly. Year-over-year data…
Read More » -
Yen’s freefall prompts Japanese intervention as USD/JPY hits 34-year high
Quick Take The Japanese yen’s freefall against the US dollar has reached alarming levels, prompting intervention by Japanese authorities in…
Read More » -
Ethereum transaction fees overtake Bitcoin as Runes speculation subsides
Quick Take In the week preceding the much-anticipated Bitcoin halving on April 20, transaction fees for Bitcoin exceeded those of…
Read More » -
Analysts clash over future of Bitcoin ETFs as institutional interest lags
Quick Take Jim Bianco, head of Bianco Research, has been a vocal critic of the Bitcoin ETFs due to their…
Read More » -
Bitcoin’s 2024 cohort sees over 10% profit, indicating a strong market support level
Dive deep into the intriguing world of Bitcoin’s market forces with our analysis using Glassnode data. We explore the movement…
Read More »
