🚀🎉 Bitcoin hodlers, rejoice! Despite the market's sideways movement, the average Bitcoin investor is sitting pretty with an unrealized profit of around 120%! 💰💰 Over 87% of the circulating supply is held in profit, with a cost basis below the spot price. 📈

However, the market is currently range-bound, with demand sufficient to absorb sell-side pressure but not enough to fuel further upward growth. 🔄 The cash-and-carry trade continues, particularly among institutional traders, suggesting an expectation of range-bound trading for the time being. 🏦

Interestingly, despite healthy investor profitability, the volume being processed and transferred on the Bitcoin Network has declined drastically since the ATH. This indicates a reduced appetite for speculation and heightened indecision in the market. 😕

On the bright side, more coins are currently being transferred in a position of profit (+11k BTC) than in loss (+8.2k BTC). This suggests that a profit driven bias remains overall, albeit by a relatively small margin. 💸

In conclusion, while the market may be choppy and sideways, Bitcoin investors remain largely profitable. However, a decisive price movement in either direction is necessary to stimulate the next round of market activity. So, hodlers, keep your eyes peeled! 👀🚀

🎉 Welcome to the world of decentralized exchanges (DEXs), where platforms like Uniswap are revolutionizing the crypto-financial system! 🚀 DEXs allow users to trade cryptocurrencies directly, bypassing the need for a counterparty or centralized entity.

Uniswap, the largest DEX protocol, is celebrated for its permissionless access and user-friendly experience. Users maintain control of their funds and transact via liquidity pools, which contain assets from both sides of a trading pair. However, DEXs face scalability issues, resulting in more latency and higher transaction fees compared to centralized exchanges.

Uniswap's key innovation is the Automated Market Maker (AMM) design, which facilitates the creation of liquidity pools and adjusts token prices based on the relative liquidity balance. This design allows anyone to participate in market making, making it a permissionless and open system.

The AMM design uses the Constant Product Formula to manage token price and liquidity balance. This formula sets the price of each token based on their relative supply in the pool.

Uniswap V3 introduced concentrated liquidity, allowing liquidity to be applied within a designated price range. This improves user experience and capital efficiency, and provides insights into price and volatility expectations.

Uniswap attracts liquidity through fee revenue from trading activity, offered in four fee tiers: 0.01%, 0.05%, 0.30%, and 1.00%. These tiers accommodate varying levels of risk and trading volume.

Uniswap's innovations, such as the AMM protocol, are pioneering new crypto-financial primitives and enabling permissionless trading via blockchains. As the ecosystem continues to evolve, we can expect more exciting developments in the decentralized future! 🎉🌐🚀

🚀Glassnode has launched a suite of 28 new metrics, offering a more detailed view of the digital asset market. These metrics are a game-changer for traders, providing insights that can be translated into potential buy and sell signals. 🎯

One powerful use case is identifying seller exhaustion among short-term holders. Traders can now pinpoint moments of severe unrealized loss and capitulation, which often signal local market bottoms and potential entry points during a bull market. 📈

Why focus on short-term holders? They are often newer entrants or speculative traders who are more sensitive to price changes. During bull markets, they are responsible for the majority of realized losses, making their analysis valuable for identifying local market bottoms. 🧐

By breaking down the short-term holder cohort into granular age bands, traders can pinpoint periods of seller exhaustion more effectively. This inside-out progression provides a clearer signal of potential local bottoms and subsequent market reversals. 🔄

To identify seller exhaustion, Glassnode uses a combination of key metrics that provide insights into both unrealized and realized losses within the short-term holder cohort. These include STH MVRV by Age, STH SOPR by Age, and STH Realized Loss by Age. 📊

Using Glassnode's new Breakdown metrics to identify points of seller exhaustion during a bull market can offer numerous advantages for traders. These include early detection of local bottoms, optimized dollar-cost averaging strategies, enhanced market timing, and strategic flexibility. 💪

These powerful breakdown metrics are exclusively available with the Glassnode Enterprise plan. If you're an institutional trader or investor looking to gain a deeper edge in trading the Bitcoin and Ethereum markets, it's time to check out these new metrics! 🎉

🚀📈 April was a rollercoaster month for crypto! Bitcoin's price fluctuated between $60k and $66.7k, primarily due to short-term holder sell-offs. 📉😮 Meanwhile, Ethereum's ecosystem was buzzing with debates over staking policy changes. 🤔💬

🔍📊 Glassnode's composite momentum index suggests a market cool-down, with several key metrics indicating reduced demand and slowing positive momentum. 😴💤

⛏️💰 The Miner Revenue Momentum metric uses the proportion of miner revenue from fees to assess blockspace demand. High Z-scores indicate increased network activity and congestion, while declining Z-scores suggest reduced demand and potential market cooling. 📉🔍

📅🚀 In April 2024, the anticipation for the fourth Bitcoin halving and the disappointment from the lacklustre price action that followed it shaped investor behaviour. 📉😔 Similar events in 2016 and 2020 also saw immediate market corrections, despite the long-term bullish implications of reduced Bitcoin supply. 📈🐂

🌐💰 Ethereum experienced notable fluctuations with its price dropping by -17.80%, partly due to ongoing uncertainty around U.S. spot ETH ETF approvals and internal community debates over proposed staking policy changes. 📉😲

🔮📈 If you want to learn more about the dynamics that are likely to keep shaping Bitcoin and the broader cryptocurrency markets, check out our research articles on the Bitcoin halving and its impacts, and the key Glassnode metrics for post-halving market dynamics. 📚🔍

🎉🚀 In this edition of Finance Bridge, we'll examine the continued impact of U.S. Spot ETFs which supported April’s trading volumes significantly even amid broader market pullbacks. We'll also provide an update on the factors that may influence Ethereum's monetary characteristics and its technological adaptability in the DeFi sector. 📈💡

Stay tuned for more updates! 🚀🌕

🚀Get ready, crypto enthusiasts! The Bitcoin halving is on the horizon, scheduled for April 19, 2024. This preprogrammed event will cut block rewards from 6.25 BTC to 3.125 BTC, impacting Bitcoin's inflation rate and potentially its market availability. 📉

Historically, Bitcoin halvings have led to substantial price increases. After the first halving, Bitcoin's price surged by over 1000%. The second saw a 200% increase, and the third led to a more than 600% rise. 📈

However, the landscape has evolved. Bitcoin's market dynamics have matured, with increasing institutional demand and widespread adoption of Bitcoin ETFs. While miners add approximately 900 BTC to the market daily, Bitcoin ETFs frequently purchase far more, influencing supply levels and market liquidity. 🏦

ETF inflows and outflows are already impacting the availability and demand for Bitcoin and will continue to do so. For traders, this means ETF trends may provide key data points for making informed decisions in a post-halving landscape that may no longer behave predictably. 🧐

As we approach the fourth halving, it's essential to monitor ETF activities, market dynamics, and halving psychology. By keeping a close eye on these factors, traders can better position themselves to respond to market shifts and capitalize on new opportunities. 🎯

To learn more about the upcoming halving, download 'Q2 Guide to Crypto Markets' and stay ahead of the game! 🚀🌕

🚀📊 The 'Guide to Crypto Markets' Q2 edition is here, folks! A joint venture by Glassnode and Coinbase Institutional, it's your go-to for all things crypto! 📚💡

This edition brings you the lowdown on Bitcoin Spot ETFs, the Bitcoin Halving, Capital Flows in DeFi, Portfolio Allocation, and Derivatives. 📈🔍

📌 Bitcoin Spot ETFs are the new big thing, driving price action in the digital asset market. Last quarter, these ETFs brought in a whopping $12 billion in fresh capital! With $60 billion in BTC holdings, they're a major force in the Bitcoin market. 🚀💰

📌 The Bitcoin Halving is set to shake up supply, demand, and price dynamics. We're 1.5 years into the current bull market, and if history repeats itself, we could be in for a wild ride! 🎢📈

📌 DeFi is seeing some serious capital flows, thanks to Ethereum's Dencun upgrade. Get the scoop on the latest trends in the DeFi space. 🌐💸

📌 Portfolio Allocation: A small allocation of crypto could significantly boost your portfolio's performance. A 3% crypto allocation yielded 52.9% returns, and a 5% allocation boosted returns to 67.0%! 📊💹

📌 Derivatives: Get the 411 on how Futures Volume, Open Interest, and liquidations are shaping up for 2024. 📉🔮

So, what are you waiting for? Download the full report and get your crypto knowledge on! 📚🚀

🚀 Ethereum is in a hot debate! 🗣️ The ETH community is considering slowing down ETH issuance to manage the rising dominance of Liquid Staking and Restaking. These innovations have boosted staking demand, with 31.4M ETH (~26% of the total supply) currently staked. 📈

However, the rise of staking derivatives like Liquid Restaking could dilute Ethereum's function as money. 🤔 This weekend's geopolitical tension in the Middle East also triggered a downturn in digital asset markets, with ETH prices declining by -13%. 📉

Despite the market dip, the Ethereum ecosystem is buzzing with discussions about potential changes to its issuance rate. The goal? To protect Ethereum's function as money and manage the growth of the staking pool. 🌊

But not everyone is on board. The proposals have faced significant pushback from the community, with many arguing that no change is currently necessary. 🙅‍♂️

The rise of Liquid Restaking is particularly noteworthy. It allows users to restake their tokens and receive a liquid representation of their restaked assets in return. This has led to a notable increase in ETH staked by Liquid Restaking providers. 🚀

The Ethereum Foundation's proposals aim to limit annual issuance, reducing the incentives for new stakers to enter the pool, and hopefully slowing staking growth rates. But with the staking pool already constrained slightly during the last Decun upgrade, only time will tell how this debate will unfold. 🕰️

Stay tuned, crypto enthusiasts! The Ethereum ecosystem is in for a wild ride! 🎢

🚀 Bitcoin's been on a roll, folks! 🎉 Over the last year, we've seen a surge in spot trade volume and exchange deposit and withdrawal volumes, supporting Bitcoin's strong performance. Even with some net selling activity in 2023, corrections have been historically mild, less than 20%. 📉

Long-term holders took profits when Bitcoin hit the $73k ATH, but things are cooling down now. Meanwhile, the US spot ETFs have brought in new demand. 📈 Daily volumes peaked at ~$14.1B in mid-March, matching the height of the 2020-2021 bull market. Now, volumes are around $7B/day. 📊

Binance still leads in spot markets with a 37.5% share, but this dominance is declining. In 2021, Binance accounted for around 50% of trade volume, and an incredible 85%+ in the deepest phase of the 2022 bear market. 🐻

Looking at the on-chain transfer volumes, there's a positive momentum signal since July 2023, suggesting heightened coin flow in and out of exchanges. The monthly average of total Exchange Flows is currently at $8.19B per day, significantly higher than the peak in the 2020-2021 bull market. 💰

The new US Spot ETFs have become a dominant force in the market, introducing a significant source of new demand. This new demand more than offsets the daily issuance and sell-side pressure from GBTC and existing holders. 🌐

In conclusion, Bitcoin's YTD price action is supported by a significant uptick in spot trade volume, and exchange flows onchain. The balance of wealth is approximately balanced between long-term holders and new demand, suggesting the 'Euphoria' phase is still relatively early from a historical perspective. 🎯

Remember, this is just for fun and education, not investment advice! Stay savvy, crypto enthusiasts! 🚀🌕

🚀Bitcoin is on a roll, folks! 🚀 Over the past year, the crypto giant has seen a surge in spot trade volume and exchange deposit and withdrawal volumes, supporting its strong performance. Even though 2023 saw net selling activity on the taker side, corrections have been historically mild and less than 20%. 📉

🎉 Bitcoin prices have been consolidating between $64k and $73k over the last week. The US Spot ETFs, which went live in early January 2024, have brought an uptick in new demand. Daily volumes peaked at ~$14.1B in mid-March as the market reached the $73k ATH. 🎉

🔍 The overall market momentum can be assessed using a simple slow/fast-moving average model applied to spot volumes. The YTD performance is supported by strong demand in spot markets, similar to the 2021 bull run. The on-chain transfer volumes deposited 🔴 or withdrawn 🟢 from exchanges also show positive momentum. 🔍

📈 The new US Spot ETFs have become a dominant force in the market, introducing a significant source of new demand. This has more than offset the daily issuance, as well as sell-side pressure from GBTC and existing holders. Spot trade volumes 🟧 and ETF trade volumes 🟦 show a strong correlation. 📈

🔔 The Spot Cumulative Volume Delta (CVD) is a useful tool to characterize spot markets. It describes the net bias in market taker buy vs sell volume. By mid-March, the spot volume delta reached +$143.6M, indicating a major shift towards a net buy-side bias. 🔔

🔥 The strong performance of Bitcoin over the last 12-18 months is supported by a meaningful uptick in trade volumes. The capital held within the Bitcoin holder base is roughly balanced between long-term holders and new demand. This suggests that the ‘Euphoria’ phase is still relatively early from a historical perspective. 🔥

Remember, folks, this is not investment advice. It's just a snapshot of the exciting world of Bitcoin! 🚀🌕

🚀 Bitcoin prices have recently pulled back -15.4% from the new $73k ATH, reaching as low as $61k. This price action aligns very closely with the prior 2018-21 cycle. 📉

📊 Several on-chain indicators have flagged an uptick in profit-taking events, with over $2.6B in realized profit taken as the market reached resistance. The overall Bitcoin market has several similarities to prior ATH breakouts, specifically related to distribution pressure by the Long-Term Holder cohort. 🚦

🧐 As the market bounced back to $66.5k, around 1.0M coins returned to 'in-profit' status. This suggests an acceleration of on-chain coin volumes over recent months. 📈

💰 As the market reached the $73.2k ATH, over $2.6B in Realized profit was locked in via on-chain spending. Approximately 40% of this profit-taking can be attributed to the Long-Term Holder cohort, which includes investors divesting from the GBTC Trust. 🏦

🔍 We can also see the dominance of Long-Term Holders is increasing relative to all profit-taking events. This aligns with our prior report where we noted an uptick in LTH spending as the market broke to new ATHs. 📊

🔥 Finally, higher prices tend to activate more dormant supply, bringing older illiquid supply back into liquid circulation. This reflects a wealth transfer event, where long-term holders distribute supply for a profit, and satisfy the new inflowing waves of demand. 🌊

📚 In conclusion, the Bitcoin market has rallied to a new ATH above $73k, triggering an uptick in profit-taking events by the Long-Term Holder cohort. The market is currently seeing over $2.6B/day in realized profit, suggesting many investors have started to take chips off the table. This is not atypical market behavior, however, and aligns very closely with market patterns observed during all prior cycle ATH breakouts. 🎓

🚀🎉 As the Bitcoin halving approaches, the significant buying power of ETFs is set to overshadow the traditional supply squeeze effect expected from the halving. This dynamic introduces a need for traders to balance the historical impact of halvings with the contemporary influence of ETFs on Bitcoin's availability and price. 📈💰

Long-term holders (LTHs) are also playing a crucial role in the market's supply dynamics. As their decisions to sell or hold can significantly impact market liquidity and sentiment, traders should closely monitor the Long-Term Holder Market Inflation Rate to anticipate market shifts and adapt their strategies accordingly. 🧐🔍

The calming influence of ETFs on corrections suggests stability, but a potential decrease in ETF demand could amplify market fluctuations, highlighting the need for strategic vigilance in trading approaches. 📉🚨 So, keep an eye on ETF activity and the behavior of LTHs to navigate the unique environment of the Bitcoin market effectively! 🌐🔥

🚀 Ethereum's Dencun Upgrade is here, and it's bringing some exciting changes! This update introduces new data storage capacities, aiming to reduce fee costs for Layer-2 scaling solutions like roll-ups. 🎉

Roll-ups have gained popularity over the last two years, with major scaling solutions Arbitrum and Optimism seeing usage increase significantly. The Dencun upgrade creates additional data storage capacity on the Ethereum network through "blobs," which are temporarily stored on the consensus layer instead of the execution layer. This leads to decreased fee costs for both Ethereum and roll-ups. 💰

The hope is that lower transaction fees will encourage more users to move onto roll-ups, increasing Ethereum-based transaction throughput. This strategy aims to improve scalability without compromising the decentralization and security of the mainchain. 🌐

The Dencun upgrade also impacts Ethereum's monetary policy by reducing the rate of new Ethereum issuance, potentially leading to a decrease in the Ethereum supply. This could be a game-changer for the Ethereum ecosystem! 📉

In conclusion, the Dencun Upgrade brings significant enhancements to the Ethereum network, improving user experience and potentially increasing aggregate transaction throughput. It also continues Ethereum's trend toward slowing the growth of its supply. Exciting times ahead for Ethereum enthusiasts! 🥳

🚀 Bitcoin has soared to a new all-time high of $72k, entering the Euphoria Zone and sparking a wealth transfer from old HODLers to new investors and speculators. The Bitcoin Realized Cap has also reached a new high of $504B, with capital inflows of over $40B since March 1st, driven partly by the success of new US ETF products. 🌟

This wealth transfer is following a similar path to previous Bitcoin cycles, with the proportion of wealth held by 'Young coins' (moved within the last 3 months) increasing by 138% since October 2023. This reflects a net expenditure by longer-term investors who had previously held their coins for at least 3 months. 📈

Realized profit metrics and futures funding rates have spiked to significantly positive levels, suggesting elevated profit taking and demand for long side leverage. As we enter the Euphoria Zone, it's essential to keep an eye on the balance between distribution pressure and new demand, as well as the mechanics that eventually establish cyclical tops. 🌐

Stay tuned for more exciting updates on the world of Bitcoin and blockchain! 🌟

🚀 Bitcoin prices are soaring towards all-time highs (ATH) once again, even before the anticipated halving event in April! 📈 This rally is the most powerful since the 2021 bull market, with weekly, monthly, and quarterly performances hitting +20%, +44%, and +55% respectively.

The SEC's approval of Spot ETFs for US markets has led to strong demand, with Bitcoin trading at $68.0k, 58% higher than $42.8k at the time of ETF approvals. 🎉 The market has seen a net capital inflow into Bitcoin of around $267M/day, driving the rebound towards new ATHs.

Coinbase has experienced a significant increase in average transaction size, peaking at 4.3 BTC/Tx at the time of the ETF approval, indicating the scale of new institutional capital entering Bitcoin. 🏦

Long-term holders are sitting on an unrealized profit of ~228% with the current price at $68k. As the market approaches ATHs, their distribution pressure is increasing, a trend seen in all prior cycles. However, the new US Spot ETFs have introduced a significant new source of demand, offsetting the distribution pressure from existing holders and explaining Bitcoin's meteoric rise back to all-time highs. 🌟

🚀 Bitcoin's upcoming halving event, which will decrease the issuance of new BTC from 900 to 450 per day, is causing excitement among traders and investors! 🎉 With just 50 days to go, Bitcoin's price has surged over 40% in the last four weeks as the market anticipates shifts in dynamics. 📈

Understanding the halving is crucial for traders, as it impacts scarcity, market cycles, demand, and profitability. Historically, halvings precede bull markets, indicating a potential uptick in value post-event. 🐂 Tools like Glassnode's data and analytics can help traders navigate pre and post-halving market volatility. 📊

The halving also introduces volatility in mining profitability and hashprice fluctuations, affecting Bitcoin mining company valuations. Operational efficiency and the adoption of advanced technology become essential for post-halving success. 💪

As the countdown to the halving continues, stay tuned for more insights and analysis on this significant event in the digital asset world! 🌐💰

🎉 Bitcoin's recovery is almost complete, with the Realized Cap reaching $460B, just 3% shy of its all-time high (ATH)! 🚀 Exchange inflow volumes are also near ATHs, indicating strong demand for speculation and trading activity. 📈

Open interest in futures and options markets are near ATHs too, with short-sellers betting against the uptrend and resulting in over $465M in liquidation volume over the last 30 days. 😮

The average Bitcoin investor now holds an unrealized profit of +120% per coin, and short-term holders are depositing over $2B of volume to exchanges daily, showing high speculative interest in the current market. 🤑

With the introduction of new Bitcoin ETF products, institutional investors can now gain exposure to BTC via traditional rails, opening up new possibilities for demand and speculation. 🌐

In summary, risk appetite has returned in style, with capital inflows accelerating and increased activity in derivative instruments. However, many traders continue to bet against the prevailing uptrend, leading to substantial liquidations. 📉 Will the market continue its upward trajectory? Only time will tell! ⏳

🚀📈 Altcoin enthusiasts, get ready! Our Altseason Momentum Indicator has been signaling a growing appetite for riskier assets since October last year. While Bitcoin still dominates the market, we're seeing early signs of capital rotation into Ethereum, Solana, Polkadot, and Cosmos ecosystems. 🌐

🔍 By investigating Uniswap liquidity pools, we can see that most capital remains in the most mature assets. Although Total Value Locked (TVL) is moving out on the risk curve, trade volume has been slower to follow. 🐢

🎢 With new spot Bitcoin ETFs gaining momentum and a bull market in the digital asset space arguably in play, we're keeping a close eye on how capital rotates and flows into the altcoin markets. 🌊

🏆 In terms of market cap dominance, Bitcoin leads with over 52% market share, followed by ETH at 17%, stablecoins at 7%, and the remainder of the Altcoin sector at 24%. 🥇

🌟 Ethereum, Cosmos, Polkadot, and Solana are attracting investor interest, with Solana exhibiting relatively high volatility and upside performance. 🚀

🎮 This year has seen a reversal in the GameFi sector, with notable inflows starting in October, coinciding with the point when our Altcoin Indicator triggered. Staking tokens have also consistently experienced positive capital inflows. 💰

🔮 Uniswap data shows a cautious yet growing interest in longer-tail assets, with an expectation of heightened volatility. However, investor trade volume has yet to follow. 📉

🔥 In conclusion, the market momentum following the new Bitcoin ETFs is starting to create shifts in capital flows towards Altcoins. The digital asset landscape has evolved significantly, with new ecosystems emerging to challenge Ethereum's dominance. Keep an eye on this space for more exciting developments! 🌟

🎉 Bitcoin investors are having a blast this year, with BTC trading at multi-year highs of $50.2k, and a YTD return of +18.5%! 🚀 With the market inching closer to its all-time high, only 13% of the global total supply is held in loss, making the majority of investors profitable. 💰

Long-Term Holders (LTH) have transacted around 148k BTC since November, possibly signaling a shift in investor behavior as some start to take profits. 📈 On the other hand, Short-Term Holders (STH) experienced a healthy reset after the ETF sell-the-news correction, with their supply in profit falling to retest the all-time average of 57.5%. 📉

As the market continues to rise, a super majority of BTC is now in a profitable state, and we might see more LTHs taking chips off the table. 🎲 Keep an eye on the market and stay tuned for more exciting updates! 🧐

🚀 Glassnode has developed an innovative approach to harness the predictive power of on-chain data for trading strategies! 🌐 Their Data Science team produced the Bitcoin Sharpe Signal, an automated, quantitative trading strategy based on blockchain-derived data and machine learning algorithms. 📊

On-chain metrics provide a real-time pulse on digital asset ecosystems, revealing investor behaviors and market trends that traditional indicators might miss. 📈 Glassnode's model analyzes on-chain data to assess their correlation with Bitcoin market movements, identifying metrics with the most predictive potential for a long-only Bitcoin trading strategy. 🧠

The percentage of entities in profit and the Short Term Holder Profit Ratio (SOPR) emerged as the most promising indicators for adopting a long position in Bitcoin. 📊 These metrics reflect overall market health, investor sentiment, and short-term investor behavior, making them valuable predictors for timing entries into long positions. 🚀

Glassnode's model also unveils the "Goldilocks Zone," the optimal conditions for initiating long positions in Bitcoin based on SHAP values. 🎯 This heuristic simplifies the complex model into a more accessible strategy without sacrificing its analytical depth, offering investors a transparent and effective approach to trading Bitcoin. 💡

The Bitcoin Sharpe Signal's out-of-sample performance highlights its success in navigating the volatile Bitcoin market, validating the model's strategic approach and reinforcing the value of incorporating on-chain analytics into various trading frameworks. 📈 So, dive deeper with Glassnode's live performance tracker and consider a trial of their on-chain analytics services! 🌟

🚀 Glassnode introduces the Bitcoin Sharpe Signal, a game-changing trading signal based on proprietary on-chain data and machine learning technology! This innovative signal aims to minimize downside risks while maximizing Bitcoin's upward trends, giving traders a unique edge in the digital asset market. 📈

The Bitcoin Sharpe Signal offers multiple layers of value for traders of all levels. It provides a direct application, giving a clear indicator of when to go long on Bitcoin while minimizing downside risk. When the signal surpasses the 0.5 mark, it's historically associated with improved risk-adjusted performance in Bitcoin. 🎯

For those looking to refine their strategies, Glassnode offers in-depth analytical engagement, including detailed analyses of metric transformations, trading heuristics, and an exhaustive research report. This empowers sophisticated traders to fully leverage on-chain data in their own research and strategies. 🔍

The Bitcoin Sharpe Signal is unique due to Glassnode's expertise in on-chain data analytics and advanced machine learning algorithms. Enterprise customers get exclusive access to the Signal and performance tracker, showcasing the predictive capabilities of Glassnode data. 🌐

Ready to leverage the predictive power of on-chain data in your trading? Reach out to Glassnode's sales team for a tailored quote and start trading on the Bitcoin Sharpe Signal today! 📊