Market Analysis | ForkLog

ForkLog 8 31.05.2022

Glassnode: Most hodlers continue to accumulate Bitcoin positions

The Terra collapse pushed some long-term Bitcoin investors to realise losses, but many hodlers used the drop below $30,000 to increase their positions. Analysts at Glassnode concluded as much.

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ForkLog 6 17.05.2022

Glassnode: Bitcoin nears fair value amid UST collapse

Bitcoin traded about 10% below its fair value as it hit a 17-month low, amid the collapse of the UST stablecoin and related turbulence, according to a Glassnode report.

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ForkLog 11 02.05.2022

Analyst names the most promising altcoins in the current market

In the current market cycle, besides Bitcoin, the most promising layer-one blockchains are Ethereum, Cardano, Avalanche and Polkadot. This was stated by crypto analyst Benjamin Cowen.

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ForkLog 7 26.04.2022

Glassnode flags positive shifts in Bitcoin’s fundamental metrics

Against a backdrop of waning activity in the bitcoin-derivatives market, constructive medium- and long-term trends are emerging, according to Glassnode analysts.

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ForkLog 9 20.04.2022

Glassnode analysts concede Bitcoin may have bottomed

Bitcoin has not been able to break out of the February-established range, but the process of redistributing coins from speculative investors to hodlers has already been completed. Glassnode did not rule out such a scenario.

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ForkLog 23 19.04.2022

Arcane Research: Bitcoin–tech stock correlation hits its highest level since July 2020

The correlation between Bitcoin and the Nasdaq Composite has reached its highest level since July 2020. Arcane Research analysts shared these observations.

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ForkLog 11 19.04.2022

Crypto exchange built on Scalable Solutions platform enters the Top 20 by trading volume

Product fintech company Scalable Solutions implemented a technical solution for the FMFW.io cryptocurrency exchange.

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ForkLog 19 12.04.2022

Glassnode: profit-taking and subdued demand push Bitcoin back into its former range

Bitcoin did not confirm the upside breakout from consolidation due to a wave of profit-taking. The market still awaits a noticeable influx of funds or new users, Glassnode noted.

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ForkLog 8 09.04.2022

aSOPR indicator signals improved market sentiment in the second half of March

Against a gradual market recovery since mid-March, the aSOPR (7MA) remains above 1. This points to improved market sentiment and profit-taking by the majority of market participants.

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ForkLog 26 05.04.2022

Waves founder accuses Alameda Research of manipulating WAVES token

CEO and founder of Waves Platform Alexander Ivanov accused Alameda Research of manipulating WAVES price and organising a FUD campaign to trigger panic selling of the asset. FTX CEO and founder of Alameda Research Sam Bankman-Fried called such claims 'a poorly crafted conspiracy theory'.

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ForkLog 10 29.03.2022

Glassnode analysts say Bitcoin has entered the second half of the bear market

Despite numerous macroeconomic and geopolitical challenges, Bitcoin has likely entered the bear market's second half, according to Glassnode analysts.

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ForkLog 8 22.03.2022

Glassnode Analysts Warn of Impending Bitcoin Volatility Spike

The rise in implied volatility and higher leverage in the derivatives market point to a likely onset of sharp Bitcoin price swings, according to Glassnode analysts.

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