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Glassnode On Chain Weekly: Speculatory Divergence
Glassnode On Chain Weekly: Speculatory Divergence

Glassnode insights·2024/05/07 14:13
Global crypto investment products' weekly net outflow streak exceeds $1 billion
Global crypto investment products' weekly net outflow streak exceeds $1 billion

Global crypto investment products’ four-week net outflow streak has surpassed $1 billion — with a further $251 million exiting the funds last week.Some $307 million worth of net inflows into the new spot crypto exchange-traded funds in Hong Kong were overshadowed by substantial net outflows for the U.S. spot bitcoin ETFs.

The Block·2024/05/07 13:04
Bitcoin options traders bet on a bullish September price move above $100,000, analysts say
Bitcoin options traders bet on a bullish September price move above $100,000, analysts say

Bitcoin derivatives traders are betting on a bullish price move above the $100,000 mark in September, according to analysts.However, bitcoin whales are continuing to send assets to exchanges — suggesting potential short-term sell pressure — analysts added.

The Block·2024/05/07 12:46
Over 20% of voters in swing states consider crypto a key issue in US elections: survey
Over 20% of voters in swing states consider crypto a key issue in US elections: survey

The online survey reveals that swing state voters believe crypto is an important issue, according to a statement released by DCG on Tuesday. Of the states surveyed, Ohio voters are more negative towards crypto, the survey found.

The Block·2024/05/07 12:10
Ether options’ implied volatility remains elevated, analysts say
Ether options’ implied volatility remains elevated, analysts say

Uncertainty around the future price of ether has kept its options implied volatility elevated, according to analysts.Bitcoin’s implied volatility has seen a substantial reduction, indicating a trend toward stability in the bitcoin market.

The Block·2024/05/07 11:16
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