Market Analysis | ForkLog

ForkLog 7 19.08.2020

Bitcoin on exchanges near two-year low

The balance of bitcoins stored on exchanges neared a low not seen since 24 November 2018. On Monday, August 17, this metric fell to 2.61 million BTC, according to data from Glassnode.

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ForkLog 12 18.08.2020

Crypto market capitalization surpasses $390 billion as Bitcoin dominance declines

On Tuesday, August 18, total cryptocurrency market capitalization rose to $393 billion. The last time such a level was seen was May 16, 2018, at the onset of the crypto-winter.

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ForkLog 18 17.08.2020

Expert doubts the estimates of funds locked in DeFi

The amount of funds locked in the 15 leading DeFi protocols is $3.5 billion, compared with more than $6 billion reported by DeFi Pulse. This conclusion was reached by Damir Bandalo, founder of the Encode Club blockchain community.

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ForkLog 15 16.08.2020

Analysis of futures reports: institutions expect Bitcoin’s price correction

Futures reports are a useful tool for traders, helping to gauge sentiment among large players and to complement the view of the market. Analyst Dmitry Perepelkin spoke to ForkLog about the mood among Bitcoin bulls.

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ForkLog 20 13.08.2020

Bitcoin trading on P2P platforms hits 2.5-year high

The total trading volume of the first cryptocurrency on P2P platforms LocalBitcoins and Paxful for the first week of August amounted to $94.8 million. According to Usefultulips, this is the highest figure since the end of January 2018.

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ForkLog 19 13.08.2020

Chainlink overtakes Bitcoin Cash in market cap after new price high

Chainlink (LINK) rose to fifth place in the cryptocurrency market-cap ranking. In the last 24 hours, the coin's market value rose by 29%.

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ForkLog 11 12.08.2020

Arcane Research notes shift in investor interest from Bitcoin to altcoins

Bitcoin's repeated unsuccessful test of the $12,000 level was accompanied by a contraction in trading volumes. Against this backdrop, some altcoins continued their rally, according to Arcane Research.

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ForkLog 16 10.08.2020

DAI market capitalization surpasses $400 million for the first time

The circulating supply of the DeFi-stablecoin DAI exceeded 400 million coins. In the last 24 hours, the issuer minted 17 million tokens.

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ForkLog 17 09.08.2020

Chainlink hits all-time high, surpassing Cardano and Bitcoin SV in market capitalization

The price of the Chainlink token accelerated its rise. On August 8 the asset rose 25%, briefly touching $13.87 on the Binance exchange.

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ForkLog 10 05.08.2020

Study: 11 blockchain companies enter the global unicorn index

The number of private companies with a market capitalization above $1 billion in 2020 rose from 494 to 586. In Hurun Global Unicorn Index 2020, 11 blockchain startups were listed. The same as last year.

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ForkLog 19 05.08.2020

How to Invest in Mining and the Associated Risks

The Bitcoin mining industry is drawing the attention of traditional and venture investors. With the advent of synthetic assets and hash-rate-based financial instruments, there are more investment options in mining.

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ForkLog 4 04.08.2020

Ethereum outpaces Bitcoin in trading-volume growth

Trading volumes of Ethereum on spot and futures markets are rising faster than Bitcoin's, according to The Block.

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