Blockpit, a cryptocurrency tax software provider, has purchased competitor Accointing from blockchain analytics company Glassnode, extending its presence in the United Kingdom. The value of the transaction was not revealed by either firm. It was, however, a “multi-million dollar” transaction, as Florian Wimmer, CEO of Blockpit, revealed. Blockpit said on
Bitcoin (BTC), the largest cryptocurrency’s consolidation at the $30,000 mark, has brought a strong pattern. According to the data from Glassnode, approximately 75% of the total Bitcoin supply is held in profit, while the remaining 25% is held in loss. Remarkably, this balance mirrors the equilibrium point observed during previous
As the cryptocurrency market evolves, an in-depth analysis of Bitcoin’s on-chain metrics provides unparalleled insights into the network’s health, investor behavior, and potential price trends. In their latest report, Glassnode, a leading blockchain analytics firm, delves into various key factors shaping Bitcoin’s current landscape. Our latest #Bitcoin on-chain analysis video
Amid a potentially game-changing scenario, the crypto market is at an unprecedented juncture. Glassnode, a world-leading on-chain and financial metrics firm, reports a cyclical low in major asset inflows to exchanges, with the value dipping to a mere $1.65 billion. This low is noteworthy, as we haven’t seen such a
BTC is presently trading at $20,112, according to statistics from CMC. Market HODLing is at an all-time high, Glassnode claims. Addresses holding at least one bitcoin have reached an all-time high, according to Glassnode statistics. The rise in the number of single-bitcoin holders may be attributed to the increased faith
The $38,250 level is currently a powerful barrier to the price. Bitcoin has been up 3.63% in the last 24 hours. A steep drop in the price of Bitcoin led to support at $36,350. Above $37,000, Bitcoin built a base and began a rebound wave. The price surpassed the $37,500
Bitcoin (BTC) still struggles to pull itself up together. Glassnode analysts predict BTC downfall is due to huge sellings from Asia. BTC should not get below the $45K price range. The negative aura around the king of cryptos, the Bitcoin (BTC) , gets higher day by day. Accordingly, many market
