Market Analysis | ForkLog

ForkLog 9 30.01.2023

Institutions inject a record July-high volume of assets into crypto funds

Between January 21 and 27, $117 million flowed into cryptocurrency investment products — the highest since July 2022, according to CoinShares.

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ForkLog 12 27.01.2023

South Korean prosecutors raid Bithumb offices

On 26 January, the Seoul Southern District Prosecutors' Office conducted searches at the offices of the cryptocurrency exchange Bithumb as part of an investigation into price manipulation of an unnamed coin.

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ForkLog 10 24.01.2023

Glassnode: Hodler behavior will determine the resilience of Bitcoin’s rally

The perception of the current Bitcoin rally as either a bull trap or an opportunity for strategic buying will shape the sentiment of long-term investors, according to Glassnode analysts.

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ForkLog 26 19.01.2023

Analysts See Bitcoin Entering the Early Stage of a Bull Market

Bitcoin could have entered a new bull phase, as many market participants have 'fallen out of the game' in recent months. However, the risk of a pullback and testing of recent lows remains, according to LookIntoBitcoin.

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ForkLog 20 17.01.2023

Glassnode flags a probable local maximum for Bitcoin

"Explosive" rally in Bitcoin at the start of the year wiped out investors' and miners' "paper" losses and, at the same time, called into question the continuation of the positive momentum, according to on-chain metrics. Glassnode analysts concluded this.

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ForkLog 6 11.01.2023

Glassnode warns of potential ‘explosive move’ in Bitcoin

Realized volatility of Bitcoin and Ethereum has fallen to extreme lows, which historically precede explosive moves in either direction. Analysts at Glassnode said.

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ForkLog 7 28.12.2022

Daily trading volume on spot Bitcoin exchanges falls below $10 billion

The average daily trading volume on spot exchanges fell below $10 billion for the first time since December 2020. The Block data show this.

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ForkLog 6 20.12.2022

Nansen warns of risks of continued bearish momentum in cryptocurrencies

The baseline scenario for 2023 envisages a recession in the United States and a new wave of sell-offs in the stock market. In these conditions, cryptocurrencies would be subject to negative re-pricing, Nansen warned.

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ForkLog 11 15.12.2022

Chainalysis finds Terra collapse and Celsius/Three Arrows bankruptcies produced larger realized losses than FTX’s collapse

The collapse of the Terra ecosystem, as well as the bankruptcies of Celsius Network and Three Arrows Capital, led to much larger realized losses than those after FTX’s collapse, according to Chainalysis.

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ForkLog 9 13.12.2022

Analysts flag exodus of speculators from the cryptocurrency market

By the end of the “brutal” 2022, Bitcoin volatility and trading volumes fell to multi-year lows. With the exodus of speculators, the number of coins held by hodlers reached a record, analysts at Glassnode noted.

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ForkLog 10 06.12.2022

Analysts record a slowdown in the pace of capitulation among Bitcoin investors

The trajectory of realized losses after the FTX collapse eased, and on-chain activity showed a positive shift. Glassnode analysts said.

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ForkLog 9 05.12.2022

Report: November trading volume on leading bitcoin exchanges rose 22%

In November, trading volume across ForkLog-tracked leading spot platforms rose 22% to $689 billion, despite the collapse of FTX structures. This is stated in the magazine's monthly analytical report.

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