Glassnode | ForkLog

ForkLog 8 28.02.2024

Glassnode: Bitcoin Market Engulfed by Speculative Frenzy

The dynamics of capital flows, exchange activity, leverage in crypto derivatives, and institutional demand all point to a surge in risk appetite among Bitcoin investors, according to Glassnode. The risk appetite for #Bitcoin investors is increasing, with growing signs of speculation appearing across capital flows, exchange activity, derivatives leverage, and even institutional demand. Discover more […]

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ForkLog 18 13.02.2024

Whale Bitcoin Movements Detected by Experts

Since November 2023, long-term investors have withdrawn approximately 148,000 BTC from wallets. According to Glassnode, this trend indicates the start of profit-taking by this market segment. #Bitcoin investors have been rewarded for their patience and conviction, with BTC prices rallying to multi-year highs above $50k. The volume of supply held at a loss is also […]

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ForkLog 18 12.02.2024

Bitcoin Enters ‘High Risk’ Mode, Experts Warn

Glassnode identified a “risk zone” in the on-chain indicators system. Increased net inflow into spot Bitcoin ETFs has underpinned market recovery. Technical analysts warned of strong resistance at $50,000. Several on-chain indicators have entered what is termed a “risk zone,” potentially signaling the early stages of a bull market, according to Glassnode. Discover more in […]

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ForkLog 9 31.01.2024

Bitcoin’s Resilience Amid GBTC Sell-Off Highlighted by Experts

Net capital flows into spot Bitcoin ETFs have strengthened, despite the supply overhang caused by exits from the GBTC by Grayscale. This conclusion was reached by Glassnode. The Bitcoin market continues to show resilience, recovering from the initial sell-the-news drawdown following ETF approvals. In particular, the market is working through the significant supply overhead created […]

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ForkLog 20 24.01.2024

Shift in Interest Towards Altcoins Following ETF Approval

The approval of spot Bitcoin ETFs has become a classic “sell the news” event, leading to a capital rotation into Ethereum, Solana, and altcoins in general. This trend was analyzed by Glassnode. Analysts noted that after the collapse of FTX, Bitcoin’s dominance increased from 38.9% to 49.8% at the expense of stablecoins (whose share fell […]

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ForkLog 36 17.01.2024

Bitcoin’s Correction Linked to Profit-Taking by Holders, Say Analysts

The 18% pullback in Bitcoin over the weekend, following its rise to multi-year highs, was attributed to profit-taking, including from derivatives, after ETF news. This conclusion was reached by Glassnode. 2024 has opened with a roller-coaster ride for #Bitcoin, as ten new spot ETFs begin trading in US markets. The event was historic and chaotic, […]

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ForkLog 20 13.12.2023

Analysts point to prerequisites for Bitcoin consolidation around $36,000

Glassnode: roadmap of a number of on-chain indicators of 'fair value' suggests several months of volatility within +/- 50% around $36,000.

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ForkLog 29 06.12.2023

Glassnode: Bitcoin enters the acceleration phase of the bull market

Glassnode: Bitcoin has risen 141.6% year-to-date and more than twice as high as gold. Bitcoin remains dominant in the digital assets industry.

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ForkLog 10 29.11.2023

Analysts record first post-Shanghai decline in ETH staking

Glassnode: since October, Ethereum has seen a rise in exiting validators, reducing the number of ETH locked in staking and slowing issuance.

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ForkLog 12 21.11.2023

Glassnode: 83.6% of Bitcoin supply has moved into profit

Glassnode: the amount of BTC in 'paper' profit reached a peak since November 2021, but its average size is too small to trigger a wave of hodlers' position closures.

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ForkLog 34 13.11.2023

Analysts compare the pace of shrinking available Bitcoin supply with its issuance

The available supply of digital gold has fallen to all-time lows, and the pace of moving coins into long-term storage is about 2.5 times faster than the rate of issuance. Glassnode analysts say.

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ForkLog 12 08.11.2023

Glassnode: In anticipation of the halving and an ETF, hodlers have hoarded a record number of coins

Glassnode: despite the active rebound of digital gold since the start of the year, coin supply remains extremely limited due to hodlers' actions.

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