Market Analysis | ForkLog

ForkLog 13 16.08.2021

Darknet service for checking “dirty” bitcoins suspended

The darknet service identified by Elliptic that allows checking potential links between bitcoin addresses and illicit activity has suspended operations due to media and government attention, according to BBC News journalist Joe Tidy.

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ForkLog 16 13.08.2021

Cardano becomes the third-largest cryptocurrency by market capitalization

Cardano rose 15.7% in the last 24 hours, lifting its market capitalization above $64 billion.

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ForkLog 33 13.08.2021

Cybercriminals Have Built a Service to Check ‘Dirty’ Bitcoin

Researchers at analytics firm Elliptic discovered a dark-web service that allows checking potential links between Bitcoin addresses and criminal activity.

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ForkLog 18 07.08.2021

Ethereum clears $3,100 for the first time since May

For the first time since the May decline, Ethereum price reached $3,090. The asset’s market capitalization surpassed $355 billion.

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ForkLog 10 27.07.2021

Glassnode: Bitcoin rally not underpinned by fundamentals

Bitcoin rally appears to be driven by liquidations in the crypto-derivatives market, with no improvement in on-chain metrics; Glassnode analysts urge caution.

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ForkLog 10 27.07.2021

Daily liquidation volume on the crypto-derivatives market reached $1.13 billion

On July 26, the crypto-derivatives market saw liquidations totaling $1.13 billion, of which $961.8 million were short positions, according to Bybt.

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ForkLog 8 21.07.2021

Glassnode analysts weigh the arguments for and against the end of Bitcoin’s bear phase

On-chain activity in the Bitcoin network remains subdued, and long-term investor behavior is steady. Based on these and other observations, Glassnode analysts presented bullish and bearish scenarios for the future development of the situation.

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ForkLog 8 20.07.2021

Ruffer Investment explains rejection of Bitcoin as ’empty pricing’.

The asset-management firm Ruffer Investment did not expect heightened attention to Bitcoin from institutional investors. This is stated in the firm's 12-month financial report.

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ForkLog 10 13.07.2021

Glassnode analysts report a drop in miner activity amid shrinking exchange balances

Balances of exchange wallets continue to decline for the third week in a row as miners’ net position moves into accumulation. Glassnode analysts concluded as much. The shift from distribution to holding coins has become characteristic for other categories of participants in the crypto market as well. As volatility squeezes out of the Bitcoin market, it is starting to feel like the calm before the storm. This week we analyse a range of metrics seeking bull/bear triggers for — Miners — Exchanges — Derivatives — Investors. Read more in The Week On-chain https://t.co/HHjjHethbY

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ForkLog 23 13.07.2021

When will Bitcoin’s price resume its rise? A guide to on-chain indicators

ForkLog has gathered and analysed the most interesting and up-to-date on-chain indicators to assess Bitcoin’s price in the short- and mid-term.

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ForkLog 138 07.07.2021

MicroStrategy CEO: Bitcoin traders are always disappointed by volatility

Bitcoin traders do not understand the technology or the macroeconomic framework, and are therefore inevitably disappointed by volatility. This view was expressed by MicroStrategy CEO Michael Saylor on a podcast hosted by analyst Sven Henrich.

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ForkLog 6 06.07.2021

Number of active Bitcoin addresses fell in June by 9.38%

The number of active Bitcoin addresses fell by 9.38% in June, but some on-chain indicators still point to positive signals.

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