Market Analysis | ForkLog

ForkLog 15 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.

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ForkLog 25 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%.

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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.

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ForkLog 18 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.

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ForkLog 17 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.

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ForkLog 27 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.

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ForkLog 11 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.

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ForkLog 7 05.10.2021

Glassnode: Bitcoin rebounds from a strong accumulation zone

Bitcoin price jump after high on-chain activity in a range around September's low levels strengthened optimism about the prospects of digital gold in Q4 2021, according to Glassnode analysts.

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ForkLog 32 27.09.2021

dYdX tops Coinbase in trading volume

Decentralized derivatives exchange dYdX has, for the first time, surpassed Coinbase's spot markets in trading volume.

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ForkLog 25 22.09.2021

Leaked slides reveal Chainalysis investigators’ methods

Documents from an undated Chainalysis presentation to the Italian police demonstrated the tools the firm uses to collect information about crypto transactions and users. CoinDesk reports.

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ForkLog 36 21.09.2021

Glassnode: Evergrande uncertainty spurs hodlers to sell

Driven by the uncertainty surrounding Evergrande, the risk-off move prompted long-term Bitcoin holders to sell. However, price action and on-chain data proved broadly resilient, according to Glassnode analysts.

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ForkLog 20 15.09.2021

Morgan Stanley to establish cryptocurrency research unit

One of the leading US investment banks Morgan Stanley appointed Sheena Shah as head of cryptocurrency research. This appointment marks 'a recognition of the growing importance of digital assets,' Bloomberg reports.

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