K33 | ForkLog - Part 3

ForkLog 27 11.12.2024

Altcoin Liquidations Reach Highest Level Since 2021

On December 10, altcoin liquidations amounted to $1.75 billion, marking the largest since May 19, 2021. In the crypto derivatives market, liquidations reached a record $12.8 billion, according to a review by K33 Research. Experts noted that cascading liquidations were a feature of the 2021 bull run and appear to be repeating this pattern now. […]

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ForkLog 12 27.11.2024

Bitcoin’s Current Dip Seen as Prelude to $100,000 Surge

The recent decline of Bitcoin to $93,000 is expected to be short-lived, with prices still on track to reach six figures by the year’s end, according to trader Bluntz Capital. likely thats the pullback done on #btc here, i think up from here and its aint going as low as ppl think pic.twitter.com/pVeiFZzVC4 — Bluntz […]

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ForkLog 71 19.09.2024

K33 Research Identifies Sui as Solana’s Fiercest Rival

Sui’s technical capabilities and the upcoming release of a gaming console could position the network as a competitor to Solana, according to a report by K33 Research. Analysts currently view Solana as the best alternative to Ethereum in the “L1 wars,” but suggest that Sui might challenge this perception over time. “Since August, SOL/ETH has […]

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ForkLog 3 04.09.2024

Bitfinex Predicts Bitcoin Could Fall to $40,000

The price of the leading cryptocurrency could plummet to $40,000 following a Federal Reserve rate cut in a bearish scenario, according to Bitfinex, as reported by CoinDesk. Experts believe that a 25 basis point policy easing would be positive for markets. However, a 50 basis point cut might initially lead to a 5–8% surge, followed […]

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ForkLog 25 02.09.2024

K33 Research Unveils Underreported Liquidation Volumes on Major CEXs

Data on liquidations from centralized cryptocurrency exchanges are “bogus” and significantly underrepresent actual volumes, according to senior analyst at K33 Research, Vetle Lunde. Did you know? Liquidation data from exchanges are bogus and a vast underrepresentation of actual liquidation volumes in the market. To provide a “fair trading environment” (Bybit, Sep 2021) and to “optimize […]

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ForkLog 63 12.06.2024

K33 Research Warns of High Risk for Crypto Traders Ahead of Fed Meeting

The cryptocurrency market is “highly exposed to risk” ahead of key inflation data and the Federal Reserve meeting. The Committee’s rate trajectory forecast and Jerome Powell’s press conference predictions will significantly impact prices. Clients of unregulated crypto derivatives platforms remain “highly exposed to risk,” increasing the potential for long liquidations ahead of key macroeconomic events, […]

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ForkLog 12 05.06.2024

K33 Research Predicts Up to $4.8 Billion Inflows into ETH ETFs Within Five Months

In the initial five months following the commencement of trading, net inflows into spot Ethereum-based ETFs are projected to range from $3.1 billion to $4.8 billion, according to calculations by K33 Research. Markets remain rangebound with low volatility, but moderate ETH ETF excitement is reflected in trader positioning. A relatively quiet week, but we expect […]

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ForkLog 28 16.05.2024

Institutional Interest: 937 Firms Invest $11 Billion in Bitcoin ETFs in Q1

937 institutional investors allocated $11.06 billion to spot Bitcoin ETFs in the first quarter. In July, Vanguard will be led by Salim Ramji, the creator of IBIT from BlackRock. Experts suggest the company might join the race for Bitcoin-based exchange-traded funds. As of March 31, 937 institutions had invested $11.06 billion in U.S. spot BTC-ETF […]

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ForkLog 52 16.05.2024

K33 Highlights Bullish Potential of FTX Payouts

Payouts in fiat to FTX creditors could trigger positive “buyer pressure” in the cryptocurrency market, according to a report by K33 Research. Under the proposed plan by the exchange, the total payout value will range from $14.5 billion to $16.3 billion. Analysts believe these funds are likely to create a “bullish overhang.” “Not all creditor […]

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ForkLog 23 24.04.2024

Potential Bitcoin Market Impact from Mt.Gox Creditor Sales Highlighted by Analysts

The impending sale of 142,000 BTC (>$9 billion) by creditors of the defunct Mt.Gox platform in the coming weeks could “spook the market” and exert pressure on Bitcoin. This conclusion was reached by K33 Research. It is anticipated that Mt.Gox will distribute its assets, comprising 142,000 BTC, 143,000 BCH, and 69 billion yen, to clients […]

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ForkLog 23 04.03.2024

Experts See Meme Coin Rally as a Sign of an Approaching Altcoin Season

The dominance level of Bitcoin has reached a potential reversal area. The hype around meme coins signals an upcoming altcoin season, but ETF inflows from institutions may delay its start. The trigger for the start of the altcoin season will be Ethereum’s price breakthrough above $3500. The two- to three-digit weekly growth in meme coin […]

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ForkLog 9 30.01.2024

Bitcoin ETFs Acquire $6.52 Billion in BTC, Challenging GBTC

As of January 29, nine spot Bitcoin ETFs launched since January 11 hold 150,846 BTC ($6.52 billion), according to K33 Research. January 30 150,000 BTC is held by the new ETFs — in less than three weeks! Significant slowdown of GBTC outflows led yesterday to see the strongest daily U.S. spot flows since January 17. […]

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