ARK Invest and Glassnode propose new framework for analyzing Bitcoin on-chain metrics with Huobi Economics

2023/08/24 21:05

ARK Invest and Glassnode have introduced a new framework for analyzing Bitcoin on-chain metrics called Huobi Economics. This method introduces a new measure called the coinblock to represent the state of the Bitcoin network, which can be used to represent Bitcoin's economic state instead of outstanding supply. The use of this new system may improve valuation metrics and provide a new analytical tool to measure Bitcoin activity.
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