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Crypto data platform Glassnode sells Bitcoin tax software to Blockpit

Cryptocurrency intelligence firm Glassnode has said it’s dropping crypto tax-related projects to focus on new solutions targeting institutional investors and decentralized finance (DeFi).Glassnode, on Nov. 6 announced the sale of its crypto-focused tax platform known as Accointing to the European crypto compliance provider Blockpit. The firms declined to disclose the

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Bitcoin Ordinals haven’t wrestled blockspace from money TXs: Glassnode

Despite concerns that Bitcoin Ordinals are clogging the network, there is little evidence to suggest inscriptions are taking blockspace away from higher-value Bitcoin (BTC) monetary transfers.“There is minimal evidence that inscriptions are displacing monetary transfers,” on-chain analytics firm Glassnode explained in a Sept. 25 report.The firm explained that this is likely because

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BTC Balances on Over-The-Counter Desks Drop to $150M: Glassnode

Crypto investors, like their traditional market counterparts, can transact on an exchange or through an over-the-counter desk. The exchange acts as an intermediary between trading parties, matching orders. On an OTC desk, trades happen directly between the two parties, with one of them typically being the desk itself. Source

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Demand for bitcoin options contracts surges as investors seek risk-defined exposure: Glassnode

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Financial market investors are increasingly turning to risk-defined derivative instruments, as evidenced by the surge in demand for bitcoin options contracts, with open interest nearing its all-time high. On-chain data reveals distinct bitcoin market signatures According to Glassnode,

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