Inscriptions have been acting more as a “packing filler,” stuffed into any remaining space once higher-value monetary transfers are packed into blocks, said the firm.
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Is The Bitcoin Dream Fading? Glassnode Data Reveals Newbies Facing Steep Losses
Since its inception, Bitcoin, the preeminent cryptocurrency, has witnessed several market cycles, each with its highs and lows. Its volatile nature has recently tested investors’
Read moreWhales Abandon Ship? Ethereum’s Value In Jeopardy As Major Holders Liquidate
Ethereum (ETH), a significant player in the crypto space, has recently come under scrutiny due to some concerning on-chain activities. Notably, the number of addresses
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Is The Bitcoin Price Rally Sustainable? On-Chain Data Provides Crucial Insights
Bitcoin has been trending up since hitting a local low below $25,000 on September 11th. Yesterday’s rally to $27,435 marked a 10% increase from the
Read moreGlassnode Co-Founders Weigh In On Bitcoin (BTC) Path To $30,000
Bitcoin has had an eventful week, gaining by over 5% to trade above the $26,000 price. Even following the release of the US Consumer Price
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Glassnode and Ark Invest Introduce ‘Cointime Economics’ — A New Model to Measure Bitcoin’s Value
Researchers from Glassnode and Ark Invest have collaborated to develop a new economic model for analyzing Bitcoin’s onchain metrics called “Cointime Economics.” The framework offers
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