Forwarded from Glassnode
In the wake of the FTX fallout, confidence of both #Bitcoin Whales, and Long-Term holders appears shaken
With over 84k $BTC distributed by LTHs, and ~5k $BTC in net whale exchange deposits, #Bitcoin markets are on shaky ground.
Read our latest analysis in The Week On-chain
With over 84k $BTC distributed by LTHs, and ~5k $BTC in net whale exchange deposits, #Bitcoin markets are on shaky ground.
Read our latest analysis in The Week On-chain
Forwarded from Glassnode
Our latest #Bitcoin on-chain analysis report is live.
In this edition, we assess the reaction of #Bitcoin Whales and HODLers, with both cohorts appearing shaken by recent events.
📹 Watch our analysis in The Week On-chain video report.
⚡️Take Advantage of 40% off for Cyber Week⚡️
In this edition, we assess the reaction of #Bitcoin Whales and HODLers, with both cohorts appearing shaken by recent events.
📹 Watch our analysis in The Week On-chain video report.
⚡️Take Advantage of 40% off for Cyber Week⚡️
Glassnode
Glassnode Studio - On-Chain Market Intelligence
Glassnode Studio is your gateway to on-chain data. Explore data and metrics across the most popular blockchain platforms.
Forwarded from Bitcoin Sniper
How rekt is your bitcoin position?
Final Results
36%
Rekt ☠️
21%
Ramen with water for dinner 🍜
16%
Wife left me and took the kids 😭
27%
At profit because im a shorter/traitor 🤡
Forwarded from 100eyes Crypto Scanner (PREVIEW) (Mr. Blade (100eyes Support))
Beautiful bounces at the moment left and right 👍🏻 All recent horizontal support alerts provided by the 100eyes scanner worked out perfectly. Look at this example (ONE). ONE gained a quick 12% after a well-timed alert from the scanner 🚀
Remember that our Black Friday Discount for the premium scanner is still LIVE 🔥 To become premium member or to try the 100eyes scanner for free, talk to our bot and use either /premium or /trial.
Remember that our Black Friday Discount for the premium scanner is still LIVE 🔥 To become premium member or to try the 100eyes scanner for free, talk to our bot and use either /premium or /trial.
Forwarded from Glassnode
The total #Bitcoin market Realized Loss peaked at -$1.9B last Friday.
This is the fourth largest daily realized loss in history, ranking behind:
-$2.0B during LUNA collapse
-$2.2B in June 2021 start of bear
-$2.5B in June 2022 sub-$20k
Live Chart
This is the fourth largest daily realized loss in history, ranking behind:
-$2.0B during LUNA collapse
-$2.2B in June 2021 start of bear
-$2.5B in June 2022 sub-$20k
Live Chart
Forwarded from Glassnode
During the chaos of the last few weeks, the #Ethereum market cap briefly fell below the aggregate stablecoin cap, once again.
The Top 4 stablecoins USDT, USDC, BUSD and DAI make up over $138B in total, with the $ETH market cap just 2.8% higher at $142B
Live Chart
The Top 4 stablecoins USDT, USDC, BUSD and DAI make up over $138B in total, with the $ETH market cap just 2.8% higher at $142B
Live Chart
Forwarded from Glassnode
In our latest Market Pulse edition, we build a #Bitcoin overheated / cooled-off tool in Workbench using:
- Stablecoin supplies and SSR ratio
- Unrealized profit and loss
- The MVRV Ratio
Market Pulse reports are a weekly research and analysis series by our analysts, which seeks to achieve several goals:
- Market insights you can't find anywhere else
- Demonstrate how we use Glassnode tools
- Provide unique edge with custom Workbench charts
Market pulse reports are available exclusively for Advanced and Pro members.
With our ⚡️Cyber Week Deal ⚡️ live, we have taken 40% off our Advanced plan until the 29-Nov.
Be sure to take advantage, and make sure to ask our analyst team any questions you have on Forum.
Read the latest Market Pulse on Glassnode Forum.
- Stablecoin supplies and SSR ratio
- Unrealized profit and loss
- The MVRV Ratio
Market Pulse reports are a weekly research and analysis series by our analysts, which seeks to achieve several goals:
- Market insights you can't find anywhere else
- Demonstrate how we use Glassnode tools
- Provide unique edge with custom Workbench charts
Market pulse reports are available exclusively for Advanced and Pro members.
With our ⚡️Cyber Week Deal ⚡️ live, we have taken 40% off our Advanced plan until the 29-Nov.
Be sure to take advantage, and make sure to ask our analyst team any questions you have on Forum.
Read the latest Market Pulse on Glassnode Forum.
Forwarded from Glassnode
Our latest video report is live: Characterizing a #Bitcoin Capitulation Event.
In this edition, we analyze:
- Observations of market behaviour after major sell-off events.
- Assessing the scale of the recent FTX capitulation event.
- Measuring the damage done using Realized Loss metrics.
- Metrics which describe statistically significant deviations.
Watch The Week On-chain Video Report
In this edition, we analyze:
- Observations of market behaviour after major sell-off events.
- Assessing the scale of the recent FTX capitulation event.
- Measuring the damage done using Realized Loss metrics.
- Metrics which describe statistically significant deviations.
Watch The Week On-chain Video Report
YouTube
The Week On-chain: Characterizing Bitcoin Capitulation Events - Week 48 (Bitcoin onchain Analysis)
⚡Cyber Week Deal: 40% Off Advanced Plans⚡ https://glassno.de/cyber_2022
As the dust settles after the FTX debacle, a key question is whether the sell-off can be better characterized as a simple continuation of the bearish trend, or instead a trigger of a…
As the dust settles after the FTX debacle, a key question is whether the sell-off can be better characterized as a simple continuation of the bearish trend, or instead a trigger of a…
Forwarded from Glassnode
Since the #Ethereum Merge, the total net coin issuance has been just +2,317 $ETH.
A total of 131,454 $ETH has been issued to PoS validators, whilst 129,137 $ETH has been burned via EIP1559.
Live Dashboard
A total of 131,454 $ETH has been issued to PoS validators, whilst 129,137 $ETH has been burned via EIP1559.
Live Dashboard
Forwarded from Ultra Announcement
Hey everyone!
The final wave of Ultra Games is coming! 🏄
What does it mean? Each wave of the closed beta has meant a big step forward towards public release. Wave 3 starts on the 14th of December, bringing more games and players to the Ultra Games closed beta.
Find out more: http://bit.ly/3UfGIG6
Apply for closed beta access: http://bit.ly/3OJARro
The final wave of Ultra Games is coming! 🏄
What does it mean? Each wave of the closed beta has meant a big step forward towards public release. Wave 3 starts on the 14th of December, bringing more games and players to the Ultra Games closed beta.
Find out more: http://bit.ly/3UfGIG6
Apply for closed beta access: http://bit.ly/3OJARro
Summary of the day, December 01
🇪🇺 The European Union plans to require cryptocurrency companies to report to the tax authorities on customer transactions.
🧠 Ilon Musk announced that in six months his brain chip company Neuralink will begin human clinical trials.
🍏 Apple has rejected the Coinbase Wallet update - the company claims that the gas fees needed to send NFTs should be paid through their system so they can take 30% for themselves.
🇧🇭 Binance showed how people pay at a supermarket using Binance Pay in Bahrain.
💡 The CEO of BlackRock said that cryptocurrency and blockchain technology continue to be revolutionary, and that most centralized exchanges will eventually disappear.
⛔️ Cryptocurrency exchange Kraken has laid off about 1,100 employees, or about 30% of its staff, to "adapt to current market conditions."
🇮🇹 The Italian government plans to introduce a 26% tax on profits from cryptocurrencies - the tax will be applied if profits exceed €2,000.
--
Source: https://t.me/DeCenter/11278
🇪🇺 The European Union plans to require cryptocurrency companies to report to the tax authorities on customer transactions.
🧠 Ilon Musk announced that in six months his brain chip company Neuralink will begin human clinical trials.
🍏 Apple has rejected the Coinbase Wallet update - the company claims that the gas fees needed to send NFTs should be paid through their system so they can take 30% for themselves.
🇧🇭 Binance showed how people pay at a supermarket using Binance Pay in Bahrain.
💡 The CEO of BlackRock said that cryptocurrency and blockchain technology continue to be revolutionary, and that most centralized exchanges will eventually disappear.
⛔️ Cryptocurrency exchange Kraken has laid off about 1,100 employees, or about 30% of its staff, to "adapt to current market conditions."
🇮🇹 The Italian government plans to introduce a 26% tax on profits from cryptocurrencies - the tax will be applied if profits exceed €2,000.
⚒ Miners, who raised about $4 billion to buy cryptocurrency mining equipment when the profitability of mining was up to 90%, are now defaulting on loans and giving lenders hundreds of thousands of devices that served as collateral.--
Source: https://t.me/DeCenter/11278
Daily Market Brief - 04.01.2023
Market glance
Total market cap / 24h chg: $772,584,705,567
BTC Dominance / 24h chg: 39.6%
BTC volatility is currently at a record low, with muted inflows to spot markets and a lack of positive excitement in the crypto market. However, there are several factors that could lead to increased volatility in the market this week. One factor is the potential liquidity issues at Digital Currency Group (DCG) and Gemini, which could lead to a sell-off of GBTC and ETHE positions and potentially cause a correction in crypto prices. Additionally, sentiment in the market is currently down, with a high level of fear and low liquidity, which could also contribute to increased volatility.
Market glance
Total market cap / 24h chg: $772,584,705,567
BTC Dominance / 24h chg: 39.6%
BTC volatility is currently at a record low, with muted inflows to spot markets and a lack of positive excitement in the crypto market. However, there are several factors that could lead to increased volatility in the market this week. One factor is the potential liquidity issues at Digital Currency Group (DCG) and Gemini, which could lead to a sell-off of GBTC and ETHE positions and potentially cause a correction in crypto prices. Additionally, sentiment in the market is currently down, with a high level of fear and low liquidity, which could also contribute to increased volatility.
News
Iran returns seized crypto mining equipment to miners: A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to do that by courts in the Islamic Republic, where unlicensed miners have been blamed for power shortages.
Indian government launching crypto awareness campaign: The government of India is launching a crypto awareness campaign that will educate investors about the legality of cryptocurrencies in the country while highlighting the risks of investing in crypto assets.
Declining interest leads to poor market performance for Ethereum proof-of-work forks: After transitioning from proof-of-work (PoW) to proof-of-stake (PoS), the Ethereum community saw the launch of two new PoW Ethereum forks: ethereumpow and ethereumfair. In the past four months, the value of both coins has dropped by 94.8% to 98.4% in U.S. dollars.
Iran returns seized crypto mining equipment to miners: A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to do that by courts in the Islamic Republic, where unlicensed miners have been blamed for power shortages.
Indian government launching crypto awareness campaign: The government of India is launching a crypto awareness campaign that will educate investors about the legality of cryptocurrencies in the country while highlighting the risks of investing in crypto assets.
Declining interest leads to poor market performance for Ethereum proof-of-work forks: After transitioning from proof-of-work (PoW) to proof-of-stake (PoS), the Ethereum community saw the launch of two new PoW Ethereum forks: ethereumpow and ethereumfair. In the past four months, the value of both coins has dropped by 94.8% to 98.4% in U.S. dollars.