Tag: Glassnode
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Bitcoin (BTC) Awaits One More Upside Thrust; Still a Few Steps Away From $10k
Data reveals how 2020’s Bitcoin halving has a drastic fundamental difference than the past two
Bitcoin’s now-concluded halving was the talk of the town in 2020. The May 12 event saw immense media spotlight and institutional interest in the broader cryptocurrency space. While some predicted an eventual drop in prices, others cite vastly changed economic and financial conditions than the past halving as a major differentiator. Finally a hedge Matt […]
The post Data reveals how 2020’s Bitcoin halving has a drastic fundamental difference than the past two appeared first on CryptoSlate.
Crypto Exchanges See Withdrawal of $220M BTC after Halving
Ever since Bitcoin halved its mining rewards on May 11, the number of BTC withdrawn from crypto exchanges has increased. Data from Glassnode suggests that [...]
The post Crypto Exchanges See Withdrawal of $220M BTC after Halving appeared first on InsideBitcoins.com.
Ethereum Balance Held by Bitfinex: Now More than the Entire DeFi Market
Crypto exchange Bitfinex now holds more Ethereum (ETH) than the total value locked (TVL) in USD of ETH in the decentralized finance (DeFi) market. The platform is also increasing its exposure to Tether (USDT) with its balance of the stablecoin continuing to rise since mid-March 2020. Meanwhile, the Bitcoin (BTC) balance on Bitfinex has taken [...]
The post Ethereum Balance Held by Bitfinex: Now More than the Entire DeFi Market appeared first on Blockonomi.
No of Bitcoin Wallets with Less Than 1 BTC Went Up
Bitcoin halving in July 2016 led to an increase in the number of Bitcoin wallets containing less than 1 BTC. According to data from Glassnode, [...]
The post No of Bitcoin Wallets with Less Than 1 BTC Went Up appeared first on InsideBitcoins.com.