As the internet transitions from centralized Web2 structures to a decentralized Web3 paradigm, blockchain technology stands at the …
The internet is undergoing a monumental shift with the rise of Web3—a decentralized, user-driven version of the web …
The internet is undergoing a profound transformation, shifting from the centralized, corporate-driven Web2 model to a decentralized, user-centric …
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The price of Bitcoin has seen a significant drop today, falling 8% to a multi-week low, as concerns about the state of the bull market emerge. Recent insights from Glassnode highlight several risk factors that could lead to continued bearish momentum for Bitcoin in the near term. Weakening Market Conditions In its latest analysis, Glassnode …
Amid the ongoing bearish market, the Bitcoin short-term holder profitability is facing a key test once again. Bitcoin's short-term holder spent output profit ratio (STH-SOPR) is hovering around the breakeven level of 1.0, according to the latest data from Glassnode. Historically, this threshold has acted as a momentum confirmation point. Specifically, a successful break above …