Weekly Summary | ForkLog

ForkLog 18 31.01.2021

Week in Review: Elon Musk Pumps Bitcoin, Reddit Users Push Dogecoin to a New High

Elon Musk sparked a Bitcoin rally on Twitter, one of his tweets was immortalised on the blockchain of the cryptocurrency, XRP's price surged after Ripple's response to the SEC lawsuit, Robinhood found itself at the centre of the GameStop stock saga and other events of the week.

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ForkLog 10 24.01.2021

Week in review: Bitcoin extends correction, Sberbank plans to issue a stablecoin, and other developments

Bitcoin continued its correction toward $30,000, a biblical message was found in its blockchain, the hacked Livecoin exchange announced its closure, and Sberbank filed an application to issue a stablecoin. These and other week’s events are covered in the Sunday digest. Bitcoin price held above $30,000. The price of the first cryptocurrency continued to fall over the week. On January 21, the price fell below $33,000. On the night of January 22 Bitcoin plummeted to $28,800, but the psychologically important $30,000 level was ultimately held. As of writing, Bitcoin trades at around $32,000, though experts anticipate a further drop.

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ForkLog 8 17.01.2021

Week in review: Bitcoin slips below $40,000 as US grants first crypto-bank licence

Bitcoin price dropped below $40,000, the new Bitcoin Core client was released, OKEx launched the mainnet OKExChain, Anchorage became the first licensed crypto bank in the United States, and other events of the week.

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ForkLog 6 10.01.2021

Week in review: Bitcoin breaches $41,000, another Ripple lawsuit filed, and other developments

Bitcoin price hit a new all-time high above $41,000, a Ripple investor filed a lawsuit against the company, Dfinity quietly launched its mainnet, and Morgan Stanley acquired 10.9% of MicroStrategy, the software company. This and more in ForkLog's traditional Sunday digest.

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ForkLog 24 10.01.2021

2020 in numbers: Bitcoin records, the DeFi boom and institutional adoption

Bitcoin’s price rose by more than 300%, outperforming traditional assets; TVL in DeFi jumped twentyfold to over $15 billion; stablecoins market cap rose fivefold to around $30 billion. After the halving, miners revenue saw a higher share from fees.

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ForkLog 29 27.12.2020

Week in Review: Bitcoin Nears $30,000 as SEC Goes After Ripple

Looking back at the week, we note Bitcoin's new price records, the SEC's case against Ripple, and leadership shake‑ups at the U.S. financial regulator, as well as further hacks of crypto exchanges.

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ForkLog 16 20.12.2020

Week in review: Bitcoin hits new high above $24,000 as Coinbase files for IPO

As the week draws to a close, we recall Bitcoin's rally to a new all-time high, Coinbase's IPO filing by the largest U.S. crypto company, and continued inflows of institutional money into the industry.

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ForkLog 7 13.12.2020

Week in Review: Market recovers losses as institutions continue buying Bitcoin

As the week draws to a close, we recall a sharp market pullback, new institutional investments in Bitcoin, the verdict against BTC-e's Alexander Vinnik, and other key developments.

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ForkLog 6 06.12.2020

Week in review: Bitcoin hits a new all-time high as Ethereum 2.0 Phase Zero launches

Looking back at the week gone by, we recall Bitcoin's new all-time high, the successful launch of Ethereum 2.0 Phase Zero, Sberbank's initiatives that failed to win regulator support, and other key events.

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ForkLog 9 05.12.2020

November 2020 in figures: Bitcoin hits a historic high, Ethereum 2.0 launches

Spot and derivatives markets were flooded with activity, DEX volumes retreated, yearn.finance began aggressive expansion, and Ethereum’s hash rate hit a new high ahead of the ETH 2.0 Phase Zero launch.

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ForkLog 11 29.11.2020

Week in Review: Bitcoin nears a new record, Ethereum 2.0 launch on schedule

As we wrap up the week, Bitcoin's new price record, the upcoming Ethereum 2.0 launch, new questions about Satoshi Nakamoto, and other key events.

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ForkLog 7 22.11.2020

Week in Review: Bitcoin’s market capitalisation hits a fresh high as OKEx sets date to resume withdrawals

As the week draws to a close, we recall Bitcoin's new market-cap record, the resumption of withdrawals on OKEx, Grayscale's assets under management surpassing the $10 billion mark, and other key events.

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