Glassnode | ForkLog

ForkLog 22 20.03.2024

Experts Assess Dencun’s Impact on Ethereum’s Monetary Policy

The successful activation of Dencun, introducing a new architecture for Layer-2 solutions and changes in the staking pool, is set to influence Ethereum’s monetary policy. These changes were analyzed by Glassnode. The Dencun upgrade has activated successfully, introducing a new architecture for Layer-2 solutions to anchor into the mainchain. It also introduces modifications to the […]

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ForkLog 13 13.03.2024

Glassnode Reports Bitcoin Holders Begin Selling After New All-Time High

Bitcoin’s rally above $70,000 has shifted the balance between long-term investors and speculators. Glassnode has detailed changes in on-chain metrics. In addition to the price, the realized capitalization metric also reached a new all-time high. This indicator, which assesses the “aggregate on-chain wealth,” has increased by $40 billion since March 1, reaching $504 billion. The […]

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ForkLog 10 06.03.2024

Glassnode Reports Increased Bitcoin Sales by Long-Term Holders as Price Nears All-Time High

Monthly sales by long-term investors have surged to 257,000 BTC as the price of the leading cryptocurrency approaches its all-time high, according to calculations by Glassnode. As #Bitcoin reached its ATH, a careful assessment reveals a nuanced interplay between exchange and ETF flows indicating market balance, alongside the start of the classic distribution pattern by […]

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ForkLog 14 05.03.2024

Glassnode Analyzes Bitcoin Halving’s Impact on Tokenomics

Daily issuance of new bitcoins will drop from 900 BTC to 450 BTC post-halving. Following previous events, prices increased by 460-7745% within a year. Spot Bitcoin ETFs will support upward pressure on prices. The upcoming halving in April will reduce the daily issuance of new bitcoins from 900 BTC to 450 BTC, affecting trading strategies, […]

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ForkLog 8 28.02.2024

Glassnode: Bitcoin Market Engulfed by Speculative Frenzy

The dynamics of capital flows, exchange activity, leverage in crypto derivatives, and institutional demand all point to a surge in risk appetite among Bitcoin investors, according to Glassnode. The risk appetite for #Bitcoin investors is increasing, with growing signs of speculation appearing across capital flows, exchange activity, derivatives leverage, and even institutional demand. Discover more […]

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ForkLog 16 13.02.2024

Whale Bitcoin Movements Detected by Experts

Since November 2023, long-term investors have withdrawn approximately 148,000 BTC from wallets. According to Glassnode, this trend indicates the start of profit-taking by this market segment. #Bitcoin investors have been rewarded for their patience and conviction, with BTC prices rallying to multi-year highs above $50k. The volume of supply held at a loss is also […]

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ForkLog 16 12.02.2024

Bitcoin Enters ‘High Risk’ Mode, Experts Warn

Glassnode identified a “risk zone” in the on-chain indicators system. Increased net inflow into spot Bitcoin ETFs has underpinned market recovery. Technical analysts warned of strong resistance at $50,000. Several on-chain indicators have entered what is termed a “risk zone,” potentially signaling the early stages of a bull market, according to Glassnode. Discover more in […]

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ForkLog 8 31.01.2024

Bitcoin’s Resilience Amid GBTC Sell-Off Highlighted by Experts

Net capital flows into spot Bitcoin ETFs have strengthened, despite the supply overhang caused by exits from the GBTC by Grayscale. This conclusion was reached by Glassnode. The Bitcoin market continues to show resilience, recovering from the initial sell-the-news drawdown following ETF approvals. In particular, the market is working through the significant supply overhead created […]

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ForkLog 19 24.01.2024

Shift in Interest Towards Altcoins Following ETF Approval

The approval of spot Bitcoin ETFs has become a classic “sell the news” event, leading to a capital rotation into Ethereum, Solana, and altcoins in general. This trend was analyzed by Glassnode. Analysts noted that after the collapse of FTX, Bitcoin’s dominance increased from 38.9% to 49.8% at the expense of stablecoins (whose share fell […]

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ForkLog 33 17.01.2024

Bitcoin’s Correction Linked to Profit-Taking by Holders, Say Analysts

The 18% pullback in Bitcoin over the weekend, following its rise to multi-year highs, was attributed to profit-taking, including from derivatives, after ETF news. This conclusion was reached by Glassnode. 2024 has opened with a roller-coaster ride for #Bitcoin, as ten new spot ETFs begin trading in US markets. The event was historic and chaotic, […]

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ForkLog 15 13.12.2023

Analysts point to prerequisites for Bitcoin consolidation around $36,000

Glassnode: roadmap of a number of on-chain indicators of 'fair value' suggests several months of volatility within +/- 50% around $36,000.

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ForkLog 26 06.12.2023

Glassnode: Bitcoin enters the acceleration phase of the bull market

Glassnode: Bitcoin has risen 141.6% year-to-date and more than twice as high as gold. Bitcoin remains dominant in the digital assets industry.

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