Market Analysis | ForkLog

ForkLog 6 15.12.2020

Trading volumes on Bitcoin exchanges have fallen by 40% since the start of December

Trading volumes on crypto exchanges fell by 40% over the past few weeks, according to Arcane Research.

AI translated

ForkLog 8 15.12.2020

Uniswap trading volume surpasses $50 billion; founder forecasts turnover of $1 trillion

Uniswap trading volume has surpassed a record $50 billion since the decentralised exchange was founded. The project's founder Hayden Adams proposed that users vote when the $1 trillion milestone is reached.

AI translated

ForkLog 7 11.12.2020

Arcane Research: Bitcoin to hover between $16,000 and $18,000 ahead of breakout above $20,000

After a steady rise in October–November, Bitcoin's price could stay in December in the $18 000–20 000 range with a probable test of $16 000. This would be a “healthy pullback” before further gains, according to Arcane Research.

AI translated

ForkLog 13 11.12.2020

Glassnode: “Insanely bullish” Bitcoin metrics point to targets above $200,000

Bitcoin could rise tenfold from current levels, according to Glassnode's technical director Raphael Schultze-Kraft, based on six on-chain metrics.

AI translated

ForkLog 11 11.12.2020

Bitwise 10 Crypto Index Fund shares outperform Grayscale’s Ethereum Trust

By December 10, the trading volume of BITW reached $33.16 million. This was more than $2 million higher than ETHE's figure.

AI translated

ForkLog 11 07.12.2020

Bloomberg: Bitcoin eyes $50,000

Bitcoin price could swing between $10,000 and $50,000, with a market cap rising to $1 trillion. Bloomberg analysts say that unprecedented quantitative easing and a higher debt-to-GDP ratio, along with slower post-halving issuance, could push Bitcoin to new highs.

AI translated

ForkLog 11 07.12.2020

Dune Analytics: DEX trading volumes fall for two consecutive months

The aggregate trading volume on decentralized exchanges (DEXs) has declined for two consecutive months, according to data from Dune Analytics.

AI translated

ForkLog 13 07.12.2020

CME margin traders bet on Bitcoin correction from $20,000

The aggregate short position of leveraged Bitcoin futures traders on the CME has reached record levels and continues to rise as Bitcoin's price consolidates near an all-time high.

AI translated

ForkLog 7 04.12.2020

Binance Report: Bitcoin Rally and Ethereum 2.0 Drive Record Trading Activity

Bitcoin reached a new all-time high and the launch of Ethereum 2.0's zero phase on December 1 led to a record monthly trading activity on Binance since the platform's inception. According to the company's report.

AI translated

ForkLog 11 02.12.2020

Bitcoin exchange trading volumes in November near record highs

Trading volume across cryptocurrency exchanges in November totaled $272 billion, the third-largest on record after December 2017 and January 2018, when turnover over the two months stood at $307 billion.

AI translated

ForkLog 6 30.11.2020

JPMorgan sees new wave of Bitcoin selling by algotraders

Quantitative crypto funds played a major role in the sharp drop in Bitcoin on November 25-26 and may return to this practice in the near future. This view was expressed by JPMorgan's chief strategist Nikolaos Panigirtzoglou, Bloomberg reports.

AI translated

ForkLog 13 28.11.2020

Tether stablecoin market capitalization nears $20 billion

The circulating market capitalization of Tether's stablecoins (USDT) reached $19.4 billion. Messari data indicate.

AI translated

#Market Analysis