22.3 million Bitcoin addresses were active during January
On-chain Bitcoin activity surged during January, with more than 22.3 million addresses sending or receiving BTC last month. Go to Source Powered by WPeMatico
Glassnode
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Grayscale is buying BTC 54% faster than it is mined so far in 2021
Grayscale is continuing its BTC accumulation spree, snapping up more than 40,000 BTC in just 16 days. Go to Source Powered by WPeMatico
Bitcoin Inflows in Past 30 Days Exceed BTC’s Total Market Cap in 2017 and 2019, Says Report
The total amount of capital inflows into bitcoin during the 30 days to Jan. 25 are as high as the entire bitcoin market capitalization in September 2017 and early 2019, according to new data from Glassnode. Glassnode co-founder and CTO Rafael Schultze-Kraft tweeted that cash inflows into bitcoin (BTC), as estimated by the realized cap, … Read more
Bitcoin Whales Grow After Price Bottoms, Analyst Says ‘Coins Are Moving to Very Strong Holders’
While the price of bitcoin has been consolidating just above the $30k handle, onchain data shows that when the price dropped to $28,800, bitcoin whales bought the dip. Statics from Glassnode’s web portal shows the number of addresses with more than 1,000 bitcoin has spiked after hitting the price bottom. The Number of Addresses Holding … Read more
Going long: 270K Bitcoin moved into storage in a month
Investors are in it for the long run, locking 270,000 BTC away over the last 30 days. Go to Source Powered by WPeMatico
Crypto Prices Consolidate, Handful of Altcoin Markets Pop, Bitcoin Accumulation Addresses Rise
The price of bitcoin and a number of digital assets have been consolidating this week, after a number of crypto markets dropped over 25% the week prior. The entire crypto-economy is hovering just below the $1 trillion mark at $987 billion, gaining 1.3% during the last 24 hours. Crypto Asset Markets Consolidate A good number … Read more
Did Grayscale push Bitcoin back up to the $40K mark?
Some stats indicate Bitcoin’s current rally could be more reliant on institutional investors than ever before. Go to Source Powered by WPeMatico
Data Shows 78% of the Circulating Bitcoin Supply Is Illiquid, Only 4.2M BTC in Constant Circulation
Onchain statistics show 78% of the circulating bitcoin supply is illiquid and barely accessible according to Glassnode research. Data indicates that the analysts have classified 14.5 million bitcoin as illiquid and only 4.2 million bitcoin in constant circulation. One of the most treasured parts of the Bitcoin (BTC) protocol is the fact that the system … Read more
Number of Addresses Holding ETH Reaches a New All-Time High at the End of 2020
A new milestone has been reached in the crypto sphere, as the number of addresses holding Ethereum hit an all-time high of over 51.4 million before the end of a turbulent 2020 year. Number of Addresses Holding ETH Hits a New All-Time High Per figures of data site Glassnode, there are now 51,491,730 addresses holding … Read more
Bitcoin Miners Earn Over $1 Million per Hour — Revenue Increases 185% Since the 2020 Halving
Bitcoin miners have been yielding a very profitable year in monthly revenues, as the latest onchain data shows significant figures at its highest levels since 2019. Hourly Bitcoin Mining Revenues Hits 2019 Highs According to Glassnode, BTC miners are currently earning $1 million per hour, meaning an increase of 185% since the halving happened in … Read more
