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Tag: glassnode

Bitcoin price must leave $60K range 'to re-awaken supply' — Market analyst 

October 10, 2024 wp-bot Cointelegraph

Bitcoin’s consolidation around $60,000 has investors sidelined, with a new price range needed to spark activity, according to an analyst.

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New Bitcoin Investors Show Confidence Amid Market Recovery, Says Glassnode 

October 2, 2024 wp-bot Bitcoin News

In a report by Glassnode and researchers Cryptovizart and Ukuria OC, bitcoin has reclaimed a key short-term cost basis after the Federal Reserve’s recent interest

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Bitcoin Bounces Back Above Key Averages, Glassnode Sees New Investor Resilience

September 25, 2024 wp-bot Bitcoin News

Bitcoin has recaptured its Short-Term Holder (STH) cost basis of $61,900 following the Federal Reserve’s recent 0.5% interest rate cut, according to Glassnode’s recent analysis.

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Bitcoin Market Stagnation Signals Potential for Future Volatility, Report Shows

September 18, 2024 wp-bot Bitcoin News

Bitcoin’s market is currently experiencing a period of stagnation, characterized by minimal capital inflows and outflows. According to an onchain analysis from Glassnode, researchers highlight

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Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn’t Be A Bad Thing, Here’s Why

September 16, 2024 wp-bot Bitcoin News, News BTC

Glassnode co-founders Jan Happel and Yann Allemann recently indicated that a Bitcoin crash to $37,000 would be a good thing. They also explained why they

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Glassnode Reports Rising Bitcoin Hashrate, ETF Outflows, and Lower Investor Engagement

September 10, 2024 wp-bot Bitcoin News, Blockchain

Glassnode’s latest report reveals a persistent rise in Bitcoin’s hashrate despite falling revenues for miners. Concurrently, investor engagement with exchanges and trade volumes are showing

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