Market Analysis | ForkLog

ForkLog 15 17.11.2020

Bitcoin market cap could rise to $1 trillion after hitting $20,000

Bloomberg analyst Mike McGlone is confident that Bitcoin's market capitalization will reach $1 trillion. However, first Bitcoin's price must overcome the main hurdle—the all-time high of $20,000 reached at the end of 2017.

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ForkLog 18 16.11.2020

Citibank hails Bitcoin as the digital gold of the 21st century

Bitcoin could reach $318,315 by the end of 2021, as it cements its status as digital gold in the 21st century.

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ForkLog 19 15.11.2020

DAI market capitalization surpasses $1 billion

The circulating supply of the DeFi stablecoin DAI first surpassed 1 billion coins.

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ForkLog 9 13.11.2020

Open Interest in Futures and Options Reaches New Highs as Bitcoin Rises Above $16,000

The number of open positions on futures and options markets reached record highs as Bitcoin rallied above $16,000. Data from analytics service Glassnode show this.

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ForkLog 7 13.11.2020

Opinion: Apple’s value could rise by $100 billion through Bitcoin investments

Apple should allocate a portion of its substantial cash reserves to bitcoin, according to Dan Weiskopf, a portfolio manager at Toroso Investments.

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ForkLog 10 12.11.2020

Santiment: Bitcoin market metrics near or surpass 2017 levels

Analysts at Santiment compared Bitcoin trading volume, the number of active addresses, and social-media discussions around Bitcoin over the past years. They concluded that by these metrics the market for the first cryptocurrency had recovered after the downward price trend over the past three years.

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ForkLog 8 11.11.2020

Kraken: Holding Bitcoin in the $13,000–$15,000 zone could push it to fresh records

Kraken analysts see solid grounds for Bitcoin's rally toward an all-time high, aided by the FOMO effect and the actions of so-called 'whales', while noting signs of divergence between the price of the leading cryptocurrency and traditional financial assets.

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ForkLog 12 07.11.2020

USDT stablecoin market capitalization surpasses $17 billion

USDT in-circulation market capitalization has for the first time surpassed $17 billion, according to data on the issuer's site, Tether.

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ForkLog 24 03.11.2020

DEX trading volumes fall by a quarter in October

DEX turnover in October amounted to $19.35 billion, down 26% from the record September ($25.8 billion). Compared with August, the figure was up 66%.

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ForkLog 11 30.10.2020

Willy Woo sees Bitcoin regaining its status as a ‘safe haven’.

The renowned analyst Willy Woo says that the decline in Bitcoin's correlation with stock-market dynamics confirms his September forecast that Bitcoin would regain its status as a safe asset.

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ForkLog 16 29.10.2020

Peter Schiff: Bitcoin Is the Biggest Bubble in History

The uncompromising Bitcoin critic Peter Schiff argued that the speculative bubble around the first cryptocurrency surpasses the fervour in dot-com markets and the mortgage market.

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ForkLog 5 26.10.2020

CME Bitcoin futures activity rebounds to August levels

Against the backdrop of a revival in the spot market, open interest in Bitcoin futures on the Chicago Mercantile Exchange (CME) has recovered to levels seen at the end of August 2020. This is according to data from the CFTC.

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