Insights New Bitcoin Whales: Where Are They Coming From? Bitcoin's whale population is on the rise for the first time since 2016. Where are these whales coming from, and are they hoarding more BTC than ever?
Newsletter The Week On-Chain (Week 26, 2020) Despite a drop in BTC's price and GNI score, long-term sentiment is optimistic, with investors hodling more than ever.
Newsletter The Week On-Chain (Week 25, 2020) Bitcoin's on-chain fundamentals are staying consistent along with price, but a catalyst is needed to push these up into bullish territory.
Insights What Are Ethereum Users Paying Fees For? An on-chain analysis on how fees are distributed across distinct transaction categories in the Ethereum network.
Newsletter The Week On-Chain (Week 24, 2020) Despite a drop in bitcoin's price and on-chain fundamentals in Week 24, the overall health of the network remains strong.
Newsletter The Week On-Chain (Week 23, 2020) On-chain fundamentals began to recover in Week 23, with GNI gaining 6 points. However, the impact of this increase on BTC's price is yet to be realized.
Insights Miners Hodling: BTC Flowing from Miners to Exchanges Reaches 1-Year Low Miners appear to be hodling BTC after the recent halving. However, this does not represent bullish sentiment, but rather an inability to recover costs at current prices.
The Market Compass The Market Compass (May 2020) A thorough overview of the Bitcoin network's development during the month of May.
Newsletter The Week On-Chain (Week 22, 2020) Despite an increasing amount of BTC's supply being in profit, on-chain fundamentals are still in decline.
Insights Bitcoin Investors' Exodus from Major Exchanges Continues The number of BTC on exchanges continues to decline, reaching its lowest point in over a year. We analyze potential explanations for this exodus.
Newsletter The Week On-Chain (Week 21, 2020) As the price of BTC slips back below $9k, on-chain fundamentals are also showing signs of decline, pushing Bitcoin closer to bearish territory.
Insights Bitcoin Hash Rate Declines After Halving Slashes Miner Revenue After recovering to pre-crash levels, Bitcoin's hash rate has declined once again following the block reward halving and the decrease in miner revenue.
Newsletter The Week On-Chain (Week 20, 2020) As Bitcoin tests the $10k mark again, investors continue withdrawing their BTC from exchanges even after the halving.
Newsletter The Week On-Chain (Week 19, 2020) Bitcoin fundmentals remain strong leading up to and following the halving. Hash rate follows its trajectory as miners keep mining.
Newsletter The Week On-Chain (29 Apr 2020 - 6 May 2020) As the price of BTC continues to increase, hodlers are still accumulating as we approach the halving and bitcoin becomes more popular as a safe haven asset.
The Market Compass The Market Compass (April 2020) A thorough overview of the Bitcoin network's development during the month of April.
Newsletter The Week On-Chain (22 Apr 2020 - 29 Apr 2020) BTC market sentiment is optimistic as price recovers to pre-crash levels and on-chain activity increases significantly.
The Market Compass The Market Compass (March 2020) A thorough overview of the Bitcoin network's development during the month of March.
The Market Compass The Market Compass – Special Edition: Introducing GNI The Glassnode Network Index (GNI) aims to make fundamental on–chain analysis more accessible to Bitcoin investors – contextualizing a multitude of advanced metrics into a single, comprehensive number.
Insights Buying the Dip: Investors Accumulate and Hodl Before Bitcoin's Halving On-chain metrics suggest that investors are feeling optimistic in the weeks leading up to Bitcoin's third halving.
Newsletter The Week On-Chain (15 Apr 2020 - 22 Apr 2020) As global markets continue to see massive uncertainty and instability - and traditional "safe haven" assets such as oil plummet in price - BTC is becoming a more attractive asset.
Newsletter The Week On-Chain (8 Apr 2020 - 15 Apr 2020) Amidst decreased confidence in traditional financial markets, Bitcoin approaches the "optimism" zone as it tests the $7k mark.
Insights Safe Haven: Bitcoin Sees Influx of Retail Interest Bitcoin and other cryptocurrencies are experiencing a rise in popularity as investors seek a safe haven in anticipation of the looming economic crisis.
Newsletter The Week On-Chain (1 Apr 2020 - 8 Apr 2020) As BTC investors accumulate, the number of whales continues to grow, reaching 2-year highs and showing little sign of slowing down.
Insights The Rise of Binance Visualized On-Chain Using on-chain data, we take a deeper look into the rise of Binance. Since its launch, it has experienced a meteoric rise, becoming the top exchange in the world in terms of reported trading volume.
