Glassnode

2021-06-30 19:00:04 The #DeFi ecosystem is largely dependant on stablecoins as a preferred collateral, borrow liquidity, and hedge for risk.

In this weeks analysis, we explore a unique attempt to decouple a stablecoin design from fiat backing.

Read more in DeFi Uncovered and subscribe for more DeFi insights. Open / Comment

2021-06-29 19:00:02 We are releasing a new weekly video analysis to support our Week On-chain newsletter.

This provides deeper insight into the metrics, and their interpretation.

Weekly video analysis will be available for Advanced users, with this edition open for all.

The Week On-chain 26 VIdeo Report Open / Comment

2021-06-28 19:00:06 #Bitcoin has held onto support this week, absorbing yet another capitulation, and likely sell-side pressure from miners

We analyse
- A second on-chain capitulation
- Balance of miner revenue + selling
- Institutional demand

Read more in The Week On-chain Open / Comment

2021-06-24 19:00:01 The Canadian Purpose #Bitcoin ETF has continued to expand holdings since the sell-off in mid May.

Since 15-May, a total of 3,446 $BTC have flowed into the ETF, an average of 86.15 $BTC per day.

The Purpose ETF now holds 21,114 $BTC.

Live Dashboard Open / Comment

2021-06-24 07:51:09 The Grayscale $GBTC product has traded higher this week, closing the price gap to spot #Bitcoin by 66%.

$GBTC was trading at a -14.44% discount on Friday, and now trades at a much smaller discount of -4.83%.

Live Dashboard Open / Comment

2021-06-23 19:00:01 Declining $ETH and #DeFi token prices create new and challenging dynamics in the ecosystem.

As yields collapse lower, and speculation demand falls, true adoption metrics and a strong user-base becomes critical.

Read more in DeFi Uncovered and subscribe for more DeFi insights Open / Comment

2021-06-23 03:46:26 Each week, a live chart dashboard accompanies The Week On-chain Newsletter.

Our newly released feature includes text-boxes to explain the metrics, and provide bullish and bearish indicators to keep an eye on.

See the Week On-chain Dashboard here Open / Comment

2021-06-22 19:00:02 The balance between #Bitcoin supply held by Long and Short term holders has similarities to the 2017 market top.

What is different this cycle is that Long Term Holders have stopped spending their coins, suggesting an unwillingness to sell at these prices.

Read more in The Week On-chain Open / Comment

2021-06-21 19:00:02 #Bitcoin on-chain activity has fallen dramatically this week, returning to levels not seen in 1yr.

Simultaneously, a seismic shift is underway in the #Bitcoin mining markets, as hash-rate falls and miners ramp up spending.

Read more in The Week On-chain Open / Comment

2021-06-16 19:00:05 As the nascent #DeFi sector expands and evolves, a key question is whether the risk-adjusted performance is competitive vs $ETH?

We assess the YTD performance of:
- Spot $ETH
- Spot $DPI
- Yield Farming $SUSHI
- Passive Yearn yDAI

Read more in DeFi Uncovered and subscribe for more DeFi insights. Open / Comment