Market Analysis | ForkLog

ForkLog 8 06.01.2021

Ethereum price tests $1,200, lifting market cap toward $1 trillion

The second-largest cryptocurrency by market cap continued its rally — Ethereum price tested the $1,200 level.

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ForkLog 7 28.12.2020

Russian deputy identifies instrument capable of reducing Bitcoin volatility

Bitcoin's price will continue to fluctuate until a crypto-dollar appears, which is being actively created now, according to Sputnik.

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ForkLog 20 24.12.2020

Binance year-to-date trading volume surpasses $3 trillion

Binance said that in 2020 the total trading volume on its platforms exceeded $3 trillion, and the daily peak surpassed $52.6 billion.

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ForkLog 23 24.12.2020

MicroStrategy CEO: Inflow of funds from liquid assets into Bitcoin is not a bubble

Money flowing into Bitcoin from liquid assets is not a rally or a bubble, but a reaction to rising risks of devaluation, says Michael Saylor, head of MicroStrategy, which has invested more than $1bn in cryptocurrency.

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ForkLog 25 18.12.2020

Messari puts Coinbase valuation at $28 billion

The largest U.S. cryptocurrency exchange Coinbase could be valued at $28.2 billion following its IPO. Messari analysts cited this figure.

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ForkLog 7 17.12.2020

Canadian economist calls Bitcoin a bubble as it hits a new price high

Bitcoin is a 'huge bubble' and, as an investment asset, lags behind gold. This view was voiced by the founder of a Toronto-based consulting firm Rosenberg Research in an interview with Bloomberg.

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ForkLog 8 17.12.2020

Over Two Days, Crypto Traders Liquidated $1.2 Billion in Shorts

On December 16, Bitcoin surpassed the psychological threshold of $20,000, and the day before, traders closed short positions totaling $1.2 billion. This was 3.7 times the volume of longs liquidated over that period, according to data from the analytics platform Bybt.

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ForkLog 6 15.12.2020

Trading volumes on Bitcoin exchanges have fallen by 40% since the start of December

Trading volumes on crypto exchanges fell by 40% over the past few weeks, according to Arcane Research.

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ForkLog 12 15.12.2020

Uniswap trading volume surpasses $50 billion; founder forecasts turnover of $1 trillion

Uniswap trading volume has surpassed a record $50 billion since the decentralised exchange was founded. The project's founder Hayden Adams proposed that users vote when the $1 trillion milestone is reached.

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ForkLog 8 11.12.2020

Arcane Research: Bitcoin to hover between $16,000 and $18,000 ahead of breakout above $20,000

After a steady rise in October–November, Bitcoin's price could stay in December in the $18 000–20 000 range with a probable test of $16 000. This would be a “healthy pullback” before further gains, according to Arcane Research.

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ForkLog 22 11.12.2020

Glassnode: “Insanely bullish” Bitcoin metrics point to targets above $200,000

Bitcoin could rise tenfold from current levels, according to Glassnode's technical director Raphael Schultze-Kraft, based on six on-chain metrics.

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ForkLog 20 11.12.2020

Bitwise 10 Crypto Index Fund shares outperform Grayscale’s Ethereum Trust

By December 10, the trading volume of BITW reached $33.16 million. This was more than $2 million higher than ETHE's figure.

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