Glassnode | ForkLog

ForkLog 15 15.11.2022

Analysts highlight hodlers’ resilience and miner stress amid FTX collapse

The decline in hodler balances does not signal a widespread loss of confidence in the prospects for digital gold. However, miners, amid the turbulence caused by the FTX collapse, shed 9.5% of Bitcoin reserves, according to Glassnode.

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ForkLog 17 10.11.2022

Glassnode assesses scale of on-chain flows tied to FTX, Alameda Research and Binance

In the wake of the events surrounding FTX, Glassnode analysts conducted a study of the scale and interconnections of on-chain flows over the last year tied to FTX, Alameda Research and Binance.

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ForkLog 10 08.11.2022

Analysts identify $21,100–$23,500 as resistance for Bitcoin

Early signs of demand coincided with a record high in the number of bitcoins held by hodlers. For Bitcoin to continue its rally, digital gold must break through resistance at the levels indicated by several on-chain metrics, according to Glassnode analysts.

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ForkLog 16 01.11.2022

Analysts forecast Bitcoin consolidation in a $16,500–$21,100 range

The price of the first cryptocurrency remains in the range of $16,500–$21,100, reflecting a fragile balance of supply and demand. On-chain indicators signal that there is no shift in initiative from bears to bulls and a risk of a new wave of coin redistribution, according to Glassnode analysts.

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ForkLog 9 27.10.2022

Glassnode acquires crypto-portfolio platform Accointing.com

The on-chain analytics provider Glassnode has acquired the Accointing.com platform, which specialises in forming crypto portfolios and calculating taxes on digital assets.

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ForkLog 15 25.10.2022

Glassnode weighs bullish and bearish scenarios for Bitcoin

Analysts at Glassnode presented arguments for both optimistic and bearish scenarios for Bitcoin's outlook. Current historically low volatility signals a forthcoming breakout from consolidation.

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ForkLog 29 18.10.2022

Analysts warn of imminent volatility spike

Declines in implied and realized volatility to historical lows have created a backdrop of 'wild' price moves in the near term, according to Glassnode experts.

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ForkLog 34 11.10.2022

Analysts point to signs of bitcoin price bottom forming

Based on behavioural patterns, market structure and on-chain indicators, bitcoin is nearing the end of the bear market, according to Glassnode analysts.

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ForkLog 19 04.10.2022

Analysts peg miners’ ‘pain threshold’ at $18,300

78,400 BTC could be at risk of liquidation if Bitcoin's price falls below $18,300, according to Glassnode's regression model of mining difficulty.

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ForkLog 8 27.09.2022

Analysts point to continuation of Bitcoin’s detox phase

Bitcoin rose past the $20,000 psychological level. Hodlers remain resilient, underpinning a full market detox cycle, Glassnode analysts say.

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ForkLog 14 20.09.2022

Glassnode: Ethereum issuance falls 92.8% after The Merge

In the four days after the Ethereum transition to the Proof-of-Stake consensus algorithm, daily issuance fell by 92.87% — from 48,400 ETH to 3,893 ETH. Those estimates were provided by Glassnode.

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ForkLog 20 06.09.2022

Glassnode flags potential Bitcoin price drop to $17,000

Bitcoin price resilience above June's low ($17,600) has weighed on speculators, who may face another wave of capitulation. According to Glassnode's calculations, the price could find support at $17,000.

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