Glassnode Unveils New On-Chain Analytical Tools

Glassnode introduced the Glassnode Network Index (GNI) to enhance Bitcoin on–chain analysis for investors.

The GNI combines multiple on–chain metrics to represent the blockchain's overall state, assisting in systematic investment decisions.

Recent data shows Bitcoin prices soaring above $50k with only 13% of the supply held at a loss, indicating market strength.

Glassnode's Data Science team has developed a machine learning-based trading strategy utilizing predictive on-chain metrics.

The Bitcoin Sharpe Signal is a new Glassnode proprietary trading signal that uses on-chain analytics to inform Bitcoin trading decisions.