Market Analysis | ForkLog

ForkLog 9 23.09.2020

Report: DeFi tokens fall on average by more than 40% in the last 30 days

In the last month, the median price of DeFi protocol tokens fell by 41.5%, four times the pace of Bitcoin's price decline. Over the last 90 days, the lead was also with the leading cryptocurrency—up 8.8% versus 1.0%. Messari analyst Ryan Watkins, citing these calculations, noted the end of the 'casino'.

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ForkLog 11 21.09.2020

Analyst: Miners’ Bitcoin Sales Won’t Halt Market Growth

Over the past two months, Bitcoin miners have sold a sizable amount of BTC. Many on-chain analysts are confident that these actions will not halt market growth.

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ForkLog 12 18.09.2020

Tether market capitalisation surpasses $15 billion

Market capitalisation of the dollar-pegged stablecoin Tether (USDT) reached $15.1 billion. In the last month the figure rose by more than $3 billion.

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ForkLog 17 18.09.2020

DEX trading volumes since the start of September top $15 billion

Trading on decentralized exchanges (DEX) in the first half of September reached $14.9 billion, up 30% from August's $11.6 billion.

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ForkLog 14 13.09.2020

Bitcoin whales form resistance at $10,570 and $11,288

Near the $10,570 and $11,288 marks lie large clusters of 'unspent bitcoins', held in wallets with balances above 10,000 BTC.

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ForkLog 14 13.09.2020

Trading volume on Bitcoin exchanges rose 75% in August

In August, trading volumes on spot crypto exchanges rose 75%. This was the highest growth rate since February 2018, according to The Block.

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ForkLog 12 12.09.2020

Analysis of futures reports: whales have been massively closing their positions

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

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ForkLog 9 10.09.2020

Ethereum transaction volume in August exceeded $24 billion

The second-largest cryptocurrency surpassed July’s record for transaction volume and crossed the $24 billion mark in August, according to data from analytics platform DappRadar.

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ForkLog 19 05.09.2020

DeFi project tokens gain popularity among whales

The rapid growth of the decentralized finance segment has made some DeFi tokens popular among participants on OTC platforms. The Block reports, citing sources familiar with the situation.

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ForkLog 8 04.09.2020

Chainalysis cites reasons for the rise of cryptocurrency popularity in Latin America

Over the course of a year, Latin America accounted for between 5% and 9% of monthly total cryptocurrency activity. The region ranked second in growth in both volume and number of transactions, according to Chainalysis. The company attributed this dynamic to several factors.

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ForkLog 7 04.09.2020

CoinMetrics: Daily stablecoin issuance reaches $100 million

Since mid-July, daily growth in the aggregate market capitalization of stablecoins has risen to $100 million. CoinMetrics co-founder Nic Carter drew attention to this.

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ForkLog 28 01.09.2020

Monthly trading volume on decentralized exchanges surpassed $11 billion

Trading volume on decentralized exchanges (DEX) in August surpassed $11 billion amid rising industry interest in the DeFi segment.

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