Market Analysis | ForkLog

ForkLog 28 17.01.2021

Report: Over $17.5 billion moved out of China via cryptocurrencies in 2020

Unregulated capital outflow from China via cryptocurrencies in 2020 reached $17.5 billion, according to 8btc citing a PeckShield report.

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ForkLog 15 16.01.2021

Polkadot becomes the fourth-largest crypto asset by market capitalisation, overtaking XRP

The DOT token price rose 58.4% over seven days and 175% over the last month, allowing the coin to displace XRP from the fourth spot in the crypto-asset market-cap rankings.

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ForkLog 7 12.01.2021

CoinShares: Inflows into crypto-based products fall to $29 million

Net inflows into cryptocurrency-based investment products last week amounted to $29 million, well below the record $1.09 billion in the first week of January. CoinShares reported.

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ForkLog 10 12.01.2021

Active addresses and Bitcoin trading volumes hit record highs

Trading volumes on exchanges and the number of active Bitcoin addresses surpassed the peak levels seen in 2017. CoinDesk analysts polled see this as a precursor to a continued bull market.

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ForkLog 9 09.01.2021

Bitcoin’s market cap hits 7% of gold’s total market value

The price rise to $40,000 and above significantly increased Bitcoin's market capitalization, bringing the figure a little closer to gold's market value.

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ForkLog 7 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 6 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 10 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 15 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 13 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 6 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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