Market Analysis | ForkLog

ForkLog 7 04.11.2021

Stock-to-Flow indicator points to potential continuation of Bitcoin rally

The Stock-to-Flow Deflection metric indicates that Bitcoin remains undervalued.

AI translated

ForkLog 15 02.11.2021

Analysts forecast 9-trillion-ruble outflow from banks as digital ruble launches

The introduction of the digital ruble could lead to liquidity outflows from Russian banks. According to the Center for Macro-Economic Analysis and Short-Term Forecasting (ЦМАКП), up to 9 trillion rubles could flow from banks into the new asset by the end of 2024.

AI translated

ForkLog 17 02.11.2021

Glassnode analysts forecast further Bitcoin gains after consolidation

Moderate spending of 'old' coins combined with reduced leverage in the perpetual contracts market points to the continuation of the bullish case for Bitcoin, according to Glassnode.

AI translated

ForkLog 7 26.10.2021

Glassnode: Bitcoin records fail to dent the bullish mood of long-term investors

The behaviour of long-term Bitcoin holders has not undergone significant changes in the wake of BTC's new all-time high, according to Glassnode.

AI translated

ForkLog 16 20.10.2021

Bitcoin price hits new all-time high above $67,000

Bitcoin traded at around $66,100, an all-time high.

AI translated

ForkLog 10 19.10.2021

Glassnode analysts report improvement in key metrics ahead of Bitcoin ETF launch

The derivatives market and on-chain metrics confirm market participants’ enthusiasm ahead of the launch of the first US Bitcoin futures ETF.

AI translated

ForkLog 21 18.10.2021

NBA Top Shot NFT sales surge 460% as new collection releases

The daily trading volume on the NBA Top Shot NFT platform over 24 hours rose from $829,520 to $4.5 million after the release of the new collection on October 14, according to CryptoSlam. The rise was more than 460%.

AI translated

ForkLog 9 12.10.2021

Analysts spot optimistic on-chain signals amid Bitcoin rally

Bitcoin's return to May highs is accompanied by positive trends in accumulation, hodler behaviour, and rising on-chain activity. Analysts at Glassnode have concluded as much.

AI translated

ForkLog 9 12.10.2021

Media reports that ConsenSys plans a $3 billion valuation

ConsenSys, a firm specialising in solutions for the Ethereum ecosystem, is expected to reach a $3 billion market valuation after another funding round, according to the Financial Times.

AI translated

ForkLog 14 11.10.2021

Elliptic raises $60 million in Series C financing led by Evolution Equity Partners

The analytics company Elliptic closed a Series C financing round worth $60 million. It was led by Evolution Equity Partners.

AI translated

ForkLog 11 07.10.2021

Northern Data loses about $300m in market capitalisation as BaFin probes its top management

The market capitalisation of the German mining company Northern Data fell by almost $300m after reports that BaFin was investigating its top executives for alleged market manipulation.

AI translated

ForkLog 9 06.10.2021

PepsiCo CFO says Bitcoin remains too volatile and speculative

PepsiCo chief financial officer Hugh Johnston told CNBC that Bitcoin is still too volatile and overly speculative.

AI translated

#Market Analysis