On January 24th, according to Glassnode data, the Bitcoin Mayer Multiple shows that the current price is close to the 200-day moving average, and historical data indicates that it may experience severe fluctuations. The data shows that Bitcoin's current 60-day price range is very narrow. Historically, this tight price range has often heralded sharp fluctuations. It is reported that the Bitcoin Mayer Multiple is an oscillator indicator calculated by the ratio of Bitcoin's price to its 200-day mov...
Glassnode said that a key indicator related to BTC's 60-day price range is giving the green light to volatility bulls. This means that price movements could become more widespread, with recent money flows skewed towards bullish. Analysis by Glassnode shows that Bitcoin's 60-day trading range is now narrower than the current trading range, a pattern that has historically heralded volatility outbursts.
On January 22, Coindesk analyst James Van Straten said that the Glassnode data showed that the hashprice indicator reached 62 PH/s, which is a bullish signal in history. It is reported that the hashprice is a measure of mining profitability created by Luxor. Mining revenue was below the 365-day moving average (SMA) for most of 2024. It only returned to...
On January 22nd, according to Glassnode data, Bitcoin's capital inflows have slowed since it broke through $100,000. Despite this, the actual market value of BTC has reached a record high of $832 billion and continues to grow at a rate of $38.60 billion per month. In December 2024, net realized profit take-back peaked at $4.50 billion and has now fallen to $316.70 million (-93%). This reduction in seller pressure indicates that the market is resetting to supply and demand balance. The sum of rea...
Meta is working on upgrading its popular smart glasses and is exploring new wearable devices, such as watches and headphones with cameras, with the aim of embedding its artificial intelligence capabilities in more products. The effort includes the development of Oakley-branded smart glasses for athletes this year, according to people familiar with the matter. Meta's device division, Reality Labs, also plans to release new high-end glasses with built-in displays in 2025, the people said. The peop...
The latest data from Coinglass shows that the amount of DOGE's network liquidation in the past 1 hour exceeded 5 million US dollars, touching 5.3284 million US dollars, of which the empty single liquidation was 4.4084 million US dollars, and the multi-single liquidation was 920,000 US dollars. In addition, DOGE also surpassed BTC to become the cryptocurrency with the largest amount of liquidated positions on the whole network in the past hour.
Coinglass data shows that in the past 4 hours, the whole network liquidated 285 million US dollars, of which multiple single liquidated 219 million US dollars, and empty single liquidated 65.8538 million US dollars.
On January 20, according to Coinglass data, the whole network liquidated 353 million US dollars in the past 12 hours, of which multiple single liquidated 210 million US dollars, and empty single liquidated 143 million US dollars.