glassnode btc data

POKKET: Crypto Market Update (July 20)

POKKET: Crypto Market Update (July 20)

Bitcoin grinds lower to $30.7k, down -3.5% while ETH goes down -5.2% to $1800. Movers are AUDIO -17%, CELR ALICE -15%, FIS -14%, no standouts on the upside. Crypto seems to have moved lower along with broader markets, as the S&P traded -1.4% on the day, a -3.7% move from 14 July; a rare dip in the perpetual up-only machine. US Treasuries have dipped below 1.2%, with many asking who besides the Fed is buying? Elon Musk is finally going to talk to Jack at the 'The B Word' conference, where man…
POKKET: Crypto Market Update (July 14)

POKKET: Crypto Market Update (July 14)

Bitcoin price is softer -2.5% to $32.3k, ETH is doing worse -6.2% to below $2k. Movers are AUDIO +42%, AXS +21%, CHR +17%, AKRO -13%, ALPHA -12%, and rest are in between. According to Glassnode, several key metrics suggest BTC is in the 'calm before storm' pointing to declining volumes of derivatives, recovering mining capacity (after China crackdown) and number of BTC moving out of exchanges - basically leading to suppressed vols for some time to come. The S&P Dow Jones launches five n…