Market Analysis | ForkLog

ForkLog 8 19.12.2024

Ethereum ETF Inflows Continue for 18 Consecutive Days

On December 18, inflows into spot exchange-traded funds based on Ethereum amounted to $2.45 million. Over the past 18 days, investors have poured $2.45 billion into these products. Data: SoSoValue. Since their launch, these instruments have attracted $2.46 billion. AUM has grown to $14.3 billion. The leaders are Grayscale’s ETHE ($5.31 billion) and BlackRock’s ETHA […]

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ForkLog 19 18.12.2024

Bitcoin Dips Below $104,000 Following Fed Rate Cut

On December 18, the United States Federal Reserve reduced the target range for the key interest rate by 25 basis points to 4.25-4.5% per annum. This marks the third consecutive cut since September. The decision aligned with market expectations and the consensus forecast of analysts. “Recent indicators suggest that economic activity continues to expand at […]

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ForkLog 8 17.12.2024

Santiment Reports on Ethereum Whales Holding Over 100,000 ETH

Currently, 104 wallets each hold at least 100,000 ETH (~$400 million). Their combined balance of 83.81 million ETH (~$333.1 billion) represents a record 57.35% of the Ethereum supply, according to Santiment. ? There are currently 104 whale wallets holding at least 100K Ethereum. Their combined holdings currently sit at 57.35% of all existing ETH tokens, […]

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ForkLog 9 17.12.2024

Bitcoin Options Market Loses Optimism Ahead of Fed Meeting

Participants in the bitcoin options market are taking measured positions ahead of the upcoming December 18 meeting of the Fed and the largest expiration in history. This is reported by CoinDesk. On December 16, the price of the leading cryptocurrency broke through the $107,000 mark. The following day, it approached $107,800 and at the time […]

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ForkLog 5 17.12.2024

Ethereum ETF Inflows Continue Unabated for 16 Days

On December 16, inflows into spot exchange-traded funds based on Ethereum amounted to $51.1 million. Over the past 16 days, investors have poured $2.3 billion into these products. Data: SoSoValue. Since the launch, these instruments have attracted $2.32 billion. Assets Under Management have grown to $14.3 billion. The leaders are Grayscale’s ETHE ($5.87 billion) and […]

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ForkLog 4 16.12.2024

Crypto Funds See Tenth Consecutive Week of Inflows

Between December 8 and 14, cryptocurrency investment funds attracted $3.2 billion, following a record $3.85 billion the previous week, according to CoinShares. Data: CoinShares. Year-to-date inflows have reached a record $44.5 billion. Assets under management also hit an all-time high of $167.4 billion. Over the past week, investors added $2 billion to instruments based on […]

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ForkLog 8 13.12.2024

Binance Projects Significant Fund Inflows for 2024

Since the beginning of the year, fund inflows to Binance have reached $21.7 billion—nearly 40% more than the $15.9 billion combined total of the next 10 exchanges in the ranking. This is according to a report from the platform. Source: Binance. Binance’s global customer base has grown to 250 million users. According to CryptoQuant, the […]

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ForkLog 9 12.12.2024

Net Inflows to Spot Bitcoin ETFs Surpass 500,000 BTC

Since their launch in January, net inflows into U.S. exchange-traded funds based on the spot price of Bitcoin have exceeded 500,000 BTC. Year-to-date flows to spot ETFs have surpassed 500,000 BTC! U.S. ETFs have absorbed more than 2.5% of the circulating supply since their launch in January. pic.twitter.com/y5yNz7ksG1 — Vetle Lunde (@VetleLunde) December 12, 2024 […]

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ForkLog 15 12.12.2024

Citi Analysts: Stablecoins Could Bolster Dollar’s Dominance

Cryptocurrencies do not threaten the dollar’s hegemony in the global market; rather, stablecoins make the American currency more accessible. This perspective was outlined by Citi Wealth analysts in their report Market Outlook 2025. “Initially, crypto assets like Bitcoin were conceived as competitors to fiat currencies. […] However, stablecoins, which account for over 80% of cryptocurrency […]

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ForkLog 10 12.12.2024

BlackRock and Fidelity Acquire $500 Million in Ethereum for ETFs Over Two Days

BlackRock’s iShares Ethereum Trust (ETHA) and Fidelity Ethereum Fund (FETH) purchased $500 million worth of Ethereum between December 10 and 11, according to data from Arkham. PAST 48 HOURS: BLACKROCK AND FIDELITY BOUGHT OVER HALF A BILLION USD OF ETH pic.twitter.com/44N5mRAT5O — Arkham (@arkham) December 11, 2024 BlackRock and Fidelity acquired the coins through Coinbase […]

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ForkLog 6 11.12.2024

US Inflation Accelerates as Bitcoin Surges Past $100,000

In November, annual inflation in the United States reached 2.7%, up from 2.6% the previous month, aligning with market expectations of 2.7%. On a monthly basis, the consumer price index rose by 0.3%, compared to 0.2% in October. The consensus forecast had anticipated a 0.3% increase. Excluding food and energy prices, the index rose by […]

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ForkLog 19 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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