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Glassnode posted on platform X, stating that spot traders are turning to altcoins, and the total spot trading volume of altcoins has now approached nearly 4 times that of Bitcoin, reaching the highest level since September 2025.Glassnode pointed out that this rise in demand for high-risk assets has often coincided with phase tops of BTC in the past.

CoinMarketCap officially announced that it has completed the acquisition of the crypto derivatives data platform Coinglass, with the transaction amount undisclosed.Coinglass was established in 2019, covering 28 exchanges and over 2,500 trading products, providing data on open interest, funding rates, liquidation, and options, with over 5 million monthly active users and more than 10,000 API clients.CoinMarketCap stated that this acquisition will bring Coinglass's derivatives data to its platform, providing information on market leverage positions, liquidation distribution, and funding rates to its 115 million monthly users.Coinglass stated that it will continue to operate as an independent business, with its website, app, free tools, API, and pricing remaining unchanged.

According to Glassnode's latest report "The Week On-chain - Escape Velocity," among the major exchanges tracked by Glassnode, Gate has risen 4 positions in the BTC spot trading volume rankings over the past two years, achieving the largest increase on the list and ranking third globally. During the same period, Gate's market share of BTC spot trading volume within the statistical scope surged from 2% to 9.1%, a net increase of 7.1 percentage points, the highest growth among all exchanges.The report indicates that Gate's rise is characterized by long-term effectiveness and sustainability. Over the past 24 months, Gate has remained in the top three for BTC spot trading volume for 9 months, demonstrating a continuously strengthening market competitiveness. As an exchange leading in both ranking improvement and market share growth among major platforms, Gate's trading activity and market participation in the BTC spot market continue to expand.Glassnode also pointed out that the 24-hour spot trading volume across all exchanges has rebounded by 121% from the low in August, and the returning funds are flowing to multiple trading platforms. Against the backdrop of an overall recovery in market activity, Gate's simultaneous improvement in market share and global ranking is particularly remarkable, fully showcasing its sustained growth momentum and increasingly expanding industry influence in the BTC spot market.

Meta Platforms has released the Meta VR Glasses virtual reality headset priced at $1,299, featuring an external computing module design that significantly reduces the weight of the headset to about 100 grams. Meta stated that the new VR glasses are expected to drive the Reality Labs business towards profitability, with pricing aimed at ensuring that each device is not sold at a loss.

Meta Platforms announced that it will integrate Muse into all of the company's smart glasses products.

Glassnode stated that over time, it seems increasingly unlikely that a decline of the same depth as in past cycles will occur again in the later stages of this market. The "four-year cycle" pattern that the market previously relied on has not been reflected in this bear market.Data shows that the drawdowns in the past three cycles exceeded twice that of this cycle, and there are still several weeks until the cycle low point; in contrast, this time BTC has only fallen about 30% from its historical high, and the price is currently rising.

On-chain data analysis platform Glassnode posted on X: Bitcoin has flashed momentum signals that have initiated the last two bull markets, and the MVRV has once again crossed above its 365-day moving average.Glassnode stated that this is the same crossover that occurred at the beginning of each bull market in 2019 and 2023.

Glassnode's altcoin cycle signal has reached a new high, indicating strong capital inflow into the altcoin market.Meanwhile, Bitcoin's market capitalization share remains stagnant below 60%, failing to break through a key resistance level.

On-chain data analysis platform Glassnode stated: As Bitcoin reaches $86,000, the bullish leverage in the options market is slowly rebuilding, and the open interest put/call ratio is rising.However, this is still far below the overheated levels seen near Bitcoin's peak. Speculation in perpetual contracts also remains sluggish, with the funding rate below neutral levels.

According to a report by Decrypt, a report jointly released by the crypto analytics company Glassnode and the exchange Bybit shows that Bitcoin has increased by 28% over the past two years, while the median market cap altcoins have averaged a decline of 74%, and Ethereum has remained basically flat. The report views this divergence as a hallmark of the current market cycle, contrasting sharply with the previous "altcoin season" model where capital rotated from Bitcoin to smaller coins as the market matured.The distribution of leverage also shows a trend of centralization. The report points out that the open interest in Bitcoin futures accounts for about 2% of its market cap, while this ratio for speculative small coins like PEPE is close to 24%, indicating that risk bubbles are accumulating in the most dangerous corners of the market. The data is as of the settlement close on August 23, and since Glassnode covers a limited number of trading platforms, the relevant figures only reflect the venues it tracks.Institutional fund flows are also clearly leaning towards Bitcoin. The cumulative net inflow into spot Bitcoin ETFs is about $55.2 billion, far exceeding the approximately $13.1 billion for Ethereum ETFs, which have recently experienced several days of net outflows. Earlier this week, after the Federal Reserve released a dovish forecast, Bitcoin climbed back above $80,000, driving the total crypto market cap to rise by 4.6% in a single day to about $2.85 trillion, with coins like Solana, NEAR, and Uniswap seeing even larger gains that day.

According to monitoring by Glassnode, the 7-day moving average of Bitcoin's SOPR (Spent Output Profit Ratio) after real adjustment has risen above the breakeven line of 1.This indicator shows that most of the tokens sold on-chain are currently in profit, and the price has not immediately fallen as a result. The buying pressure can absorb the profit-taking selling pressure, which is a typical characteristic of a bull market. If this indicator remains above 1, it reflects strong demand; if it falls back below 1, it indicates that the buying strength is weakening.

On-chain data analysis platform Glassnode stated: Bitcoin is rising into a thickening liquidation zone, with a dense cluster located around $83,000 to $86,000.If it reaches this area, the price may quickly move through this zone due to short sellers being forced to cover their positions. These short positions have been accumulating for several weeks.

Glassnode indicates that Bitcoin is currently under supply pressure from long-term holders around the range of $83,000 to $85,000. However, investors are still accumulating Bitcoin in this area.If the price breaks below this newly formed concentration zone, $75,000 will become a key observation level; further declines could potentially pull back to around $60,000.

According to the Science and Technology Innovation Board Daily, Samsung Electronics has begun developing its first AI glasses equipped with a display. This product not only provides audio functionality but also displays colorful visual information on the lenses, similar to the Meta Ray-Ban Display smart glasses.Industry insiders revealed that Samsung Electronics is considering developing an ultra-small screen with a size of only 0.2 inches or smaller for the AI glasses, and last month assigned this R&D task to Samsung Display, outlining requirements regarding product dimensions, information display area, color, and price. Samsung Electronics is currently evaluating candidate panel solutions such as OLEDoS or LEDoS, and the industry expects this product to be released in the second half of 2027 or the first half of 2028.Currently, the specific details of the glasses have not been finalized. In terms of color display, Samsung Electronics is expected to use a limited grayscale with 4-bit color instead of a high-definition screen, and it has not yet decided whether to adopt a binocular or monocular design. Industry insiders indicate that RGB OLEDoS faces challenges in terms of price and yield, and it is likely that a white OLEDoS panel will be launched. Samsung previously released AI glasses without a display, co-developed by Samsung Electronics, Google, Gentle Monster, and Warby Parker.

On-chain analysis platform Glassnode released a report stating that Bitcoin has risen 23% over the past 21 trading days, while the S&P 500 and Nasdaq 100 remained flat during the same period, but are still down 10% year-to-date. The cost basis of long-term holders, the futures liquidation map, and the breakeven point for the U.S. spot ETF all indicate upper resistance between $83,000 and $86,000, with the highest spot price approximately 1.5% below the bottom of that range, followed by a narrow consolidation below $80,000.Approximately 1.07 million Bitcoins were purchased by long-term holders in the $83,000 to $86,000 range, with the heaviest positions close to $85,000, and this block has remained nearly unchanged for the past 30 days. The selling pressure at the high point of the range is calculated at 7 basis points per day based on the selling risk ratio, which is less than half of August's peak of 16 basis points, and the profit realization ratio for long-term holders has dropped from 88% in August to 47%. The breakeven point for the U.S. spot ETF since its launch has been around $86,000, with the paper loss narrowing to approximately $3.9 billion.U.S. core inflation has fallen to a two-year low of 2.5%, with inflation expectations at 3.6%, marking the widest gap in three years; the 10-year U.S. Treasury yield closed at 4.8%, near a two-year high. The derivatives liquidation heatmap shows that the short liquidation shelf between $82,000 and $86,000 has increased by 21% since the squeeze on August 19.

According to CoinDesk, Glassnode data shows that Bitcoin wallet groups have collectively turned to net selling for the first time since early June. Bitcoin fell below $80,000 after being blocked at the key resistance level of $83,000. The current Glassnode accumulation trend score is 0.37, close to 0, indicating selling, led by whales holding over 1,000 BTC.In the previous three months, almost all groups were actively accumulating, with Bitcoin trading sideways around $60,000. Bitcoin is also facing resistance at approximately $79,687, the 50-week moving average. However, the 50-day moving average may cross above the 200-day moving average as early as Tuesday, forming a golden cross, providing an optimistic signal for bulls, which means Bitcoin may eventually break through the resistance zone.

Glassnode released a report stating that a short squeeze in mid-August drove Bitcoin's rebound, breaking above $80,000 on August 27. However, the price subsequently encountered resistance in the long-term supply zone above and fell back to around $76,000, triggering a series of long liquidations. Currently, there is still a large amount of potential short liquidation positions clustered between $83,000 and $86,000, while the area between $60,000 and $63,000 contains an undigested long liquidation zone, with BTC positioned between the two.On-chain data shows that when Bitcoin traded around $78,000 in May this year, about 65% of the supply was in profit; by the end of August, when it returned to the same price level, that ratio had risen to 68%. The summer redistribution of chips pushed the cost basis of short-term holders to about $71,000, and the same price now would activate more profit-taking chips, increasing potential selling pressure. Considering the overall cost basis and chip distribution, the accumulation support zone is between $62,000 and $65,000, while the concentrated supply zone for long-term holders is between $83,000 and $86,000.The average net inflow of the U.S. Bitcoin spot ETF during the rebound peaked at $290 million per day over seven days, but the daily trading volume in the secondary market remained around $3 billion, significantly lower than during the previous expansion phase. Meanwhile, the yield on U.S. 10-year Treasury bonds briefly fell to 4.6% after the Treasury's repurchase announcement on August 19, but returned to 4.8% in just eight trading days, reaching a new high for this cycle, indicating that sovereign debt pressure is still affecting market valuations. In the options market, short-term optimism has cooled, while long-term options demand remains. The open interest for Deribit and IBIT options expiring on September 25 is about $14 billion, with a large number of positions concentrated above $80,000, which may become important volatility and position anchor points in the coming weeks. Before the supply above $83,000 to $86,000 is digested, BTC will continue to maintain range-bound fluctuations, with $62,000 to $65,000 being the main downward reference area.