Market Analysis | ForkLog

ForkLog 19 09.01.2025

A decisive close above $100,000 would avert a slide to $78,000, says analyst

A decisive close for the leading cryptocurrency above $100,000 would neutralise the bearish scenario of a drop to $78,000, according to analyst Ali Martinez. Yesterday, #Bitcoin breached the right shoulder of a head-and-shoulders pattern, invalidating the bearish setup. However, today’s reversal erased those gains, dragging $BTC back below the right shoulder and reigniting bearish concerns.https://t.co/B6bPCfLNjy […]

AI translated

ForkLog 11 08.01.2025

Bitcoin slips below $96,000 amid fears of persistent inflation

After a rapid climb toward $100,000, the largest cryptocurrency just as quickly fell below $96,000, losing 6% in 24 hours. 15-minute BTC/USDT chart on Binance. Data: TradingView. At the time of writing, digital gold is trading at $95,500 with a market capitalisation of $1.89 trillion. According to Coinglass, liquidations over the past 24 hours exceeded […]

AI translated

ForkLog 73 07.01.2025

Daily inflows into spot bitcoin ETFs hit $987m

As bitcoin climbed back above $100,000, net inflows into spot bitcoin ETFs on January 6 reached $987 million, a new high since late November.

AI translated

ForkLog 11 06.01.2025

Inflows into crypto funds hit a record $44bn in 2024

2024 saw record inflows into digital-asset funds, wrote CoinShares’ head of research James Butterfill.

AI translated

ForkLog 22 04.01.2025

Bitcoin spot ETFs see biggest daily inflow in six weeks

On January 3, daily inflows into US spot bitcoin ETFs reached $908m — the highest since late November 2024. Data: SoSoValue. Fidelity’s FBTC drew the most investor interest — $357m. BlackRock’s IBIT followed with $253m. ARK Invest and 21Shares’ ARKB took in $222m, while Bitwise’s BITB received $61m. The remainder went to Grayscale’s BTC ($8.7m) […]

AI translated

ForkLog 33 02.01.2025

Coinbase premium plunges to a 12‑month low

By early 2025, the Coinbase premium fell to a 12-month low of -0.237, noted CryptoQuant analyst Burak Kesmeci.

AI translated

ForkLog 30 02.01.2025

Bitcoin apocalypse, cyber-Buddhist lessons and a cure for Hamster fever: the best long reads of 2024

In 2024 ForkLog, as ever, covered the cryptocurrency and blockchain industry’s most significant news and events with speed. The fact you read us is the best proof—and the reward we value most. But beyond the torrent of breaking-news flashes, we tried not to neglect the perennial themes—always relevant, meaning-shaping, and useful for navigating a changing […]

AI translated

ForkLog 27 31.12.2024

AI Leads Crypto Market Gains in 2024, Reports CoinGecko

In 2024, the most profitable narrative in the crypto industry was AI, with a return of 2940%. Memecoins and RWA followed with 2185% and 820%, respectively, according to CoinGecko. The most profitable crypto narratives in 2024 are AI, which recorded the highest average price gains of 2,940% YTD, followed by memecoins which saw returns of […]

AI translated

ForkLog 31 31.12.2024

Bitcoin Critic Predicts Market ‘Bloodbath’

On December 31, Tether executed its largest coin burn in history, destroying over $1 billion USDT. Financial analyst Jacob King interprets this as a harbinger of a bear market. BREAKING: Tether has burned over $1 billion tonight—their largest single burn in history. Something very big is brewing. This marks the 4th major burn in 10 […]

AI translated

ForkLog 14 31.12.2024

Ethereum ETF Inflows Halt After Five Days

On December 30, outflows from spot exchange-traded funds based on Ethereum amounted to $55.4 million. Over the previous four days, investors had poured $349.16 million into these products. Data: SoSoValue. Since their launch, these instruments have attracted $2.62 billion. AUM fell to $12.3 billion. The leaders are Grayscale’s ETHE ($4.81 billion) and BlackRock’s ETHA ($3.64 […]

AI translated

ForkLog 20 31.12.2024

MicroStrategy Shares Plunge 44% from All-Time High

On December 30, MicroStrategy’s stock closed at $302.96, marking a 44% decline from its all-time high of $543. Daily chart of MicroStrategy shares. Data: Finviz. Since the beginning of the year, the company’s shares have surged by 379.7%, including a 79.7% rise in the last quarter. This coincided with an aggressive Bitcoin accumulation strategy during […]

AI translated

ForkLog 35 31.12.2024

Bitcoin Inflows to Exchanges Plummet to 2016 Levels

In the weeks leading up to the end of 2024, the daily number of BTC deposits on exchanges fell to 30,000. According to CryptoQuant analyst Alex Adler Jr., this may indicate an imminent rally for the leading cryptocurrency. Chart of the number of addresses depositing BTC to exchanges. Data: CryptoQuant. Current figures are three times […]

AI translated

#Market Analysis