While many indicators suggest that the market bottom may be close, time will be the ultimate determinant, according to a new report from Glassnode.
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Despite the Price Drop, Number of Bitcoin Held on Exchanges Continues to Slide
Roughly 49 days ago, the number of bitcoin held on exchange was around 2.503 million, according to statistics recorded by cryptoquant.com. Since then, $4.76 billion
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Bitcoin ‘tourists’ have been purged, only hodlers remain: Glassnode
Active addresses, entities, and transactions on the Bitcoin network are all moving sideways while the number of wallets holding at least some of the assets
Read moreMining Operators Fret As Bitcoin Looses Ground, What Lies Ahead For The Mining Community
Bitcoin and other altcoins have suffered massive losses since May. But after a point, things started changing a bit. For example, bitcoin that fell to
Read moreA Bear of Historic Proportions
by Staff By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin fell below $20,000 briefly this morning, whilst the total crypto market cap fell
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Glassnode Report Says Bitcoin’s 2022 Price Drop Represents a Bear Market of ‘Historic Proportions’
The crypto economy has slipped under the $1 trillion mark to the $970 billion range, as a large number of digital currencies have lost more
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