Market Analysis | ForkLog

ForkLog 10 30.08.2020

Futures-Reports Analysis: Whales Ready to Buy Near the $11,000 Mark

Futures reports are a useful tool for traders, helping to gauge sentiment among large players and supplement views of the market. Dmitry Perepelkin explained to ForkLog the mood among Bitcoin whales.

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ForkLog 6 27.08.2020

44% of Bitcoins in Circulation Have Not Moved for More Than Two Years

The number of bitcoins that hadn't moved in more than two years reached 44% of the total circulating supply of the cryptocurrency, according to data from analytics firm Glassnode.

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ForkLog 14 26.08.2020

Raids at offices of major South Korean Bitcoin exchange

One of South Korea's leading cryptocurrency exchanges, Coinbit, is suspected of inflating trading volumes by 99%. Through a fraudulent scheme, the company could have earned more than 100 billion won ($85 million), according to the local publication Seoul News.

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ForkLog 11 22.08.2020

Polkadot token ranks 10th by market capitalization in CoinGecko ranking

Analytical service CoinGecko added a market-cap metric for the DOT token from the Polkadot project. With a $3.75 billion figure, DOT immediately ranked 10th.

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ForkLog 14 21.08.2020

Chainalysis analyzes East Asia on-chain activity — Chinese capital flowing into USDT

Over the past year, cryptocurrency addresses from East Asian countries received $107 billion. The share of Bitcoin in the on-chain value transferred in the region stood at 51%, while stablecoins accounted for 33%. These estimates come from a new Chainalysis study.

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ForkLog 6 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 9 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 13 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 9 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 12 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 12 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 8 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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