Weekly Summary | ForkLog

ForkLog 10 28.02.2021

Week in Review: Bitcoin Price Plunges as Bitfinex and Tether Settle Dispute with New York Prosecutor

Bitcoin correction sparked the week's biggest liquidation volume, Bitfinex and Tether settled with the New York prosecutor, and MicroStrategy bought another $1.02 billion of digital gold, among other weekly events.

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ForkLog 8 21.02.2021

Week in Review: Bitcoin market cap tops $1 trillion as Ethereum price clears $2,000

Bitcoin and Ethereum hit new all-time highs, Russia approved in the first reading a bill taxing cryptocurrencies and will begin tracking transactions in them. The week’s events — in the Sunday digest.

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ForkLog 7 14.02.2021

Week in Review: Tesla Invests in Bitcoin, and Mastercard Promises Direct Crypto Support

Bitcoin hit an all-time high, Tesla invested in the first cryptocurrency, a record batch of miners was imported into Russia, Mastercard pledged direct support for digital assets, and other events of the week.

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ForkLog 20 07.02.2021

Week in review: Elon Musk pumps Dogecoin again as Ethereum hits a fresh high

Elon Musk describes himself as a Bitcoin advocate, but again tweets about Dogecoin; Ethereum hits a fresh high; Forbes lists crypto billionaires; Binance launches a crypto PayPal analogue and other events of the week.

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ForkLog 29 05.02.2021

January 2021 in Numbers: Bitcoin and Ethereum Hit New Highs, Miner Revenues Reach Record Levels, and the Reddit Factor

The cryptocurrency market cap exceeded $1 trillion, DEX volumes reached $55 billion with Uniswap leading, and Bitcoin miners earned over $1 billion — a record since 2017.

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ForkLog 22 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 9 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 41 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 30 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 17 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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