Bitcoin | ForkLog

ForkLog 7 21.02.2023

Glassnode flags changes in Bitcoin investor behaviour

Bitcoin's price stays near the $25,000 psychological level despite U.S. regulatory pressure, with Glassnode analysts attributing this to a notable shift in market participant behavior.

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ForkLog 9 21.02.2023

Whale Bitcoin addresses fall to August 2019 levels

The number of addresses with a balance of 1,000 BTC or more has fallen to mid-2019 levels.

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ForkLog 12 21.02.2023

BIS estimates losses for the majority of retail Bitcoin investors

From 2015 to 2022, the average retail investor lost about half of the funds invested in Bitcoin, despite the price rising during that period. Analysts at the Bank for International Settlements (BIS) reached these conclusions.

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ForkLog 5 20.02.2023

Investors trim exposure to crypto funds amid regulatory pressure

Net outflows from cryptocurrency investment products from February 11–17 totaled $31.7 million, the largest since December 2022, according to CoinShares.

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ForkLog 9 20.02.2023

Kimchi premium on Bitcoin in South Korea gives way to Kimchi discount

Bitcoin prices on South Korean trading platforms have fallen below those on global exchanges. Previously the opposite was observed—the so-called “kimchi premium”{{AOPEN_1}} reached 15% or more{{ACLOSE_1}}.

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ForkLog 4 16.02.2023

Analysts record $1.6 billion USDC conversion into cryptocurrencies

The rise of Bitcoin and Ethereum was in part enabled by the conversion of $1.6 billion USDC into cryptocurrencies from February 10, according to Lookonchain.

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ForkLog 11 16.02.2023

Number of Bitcoin NFTs from Ordinals crosses the 100,000 mark

The number of NFTs on the Bitcoin blockchain issued via the Ordinals protocol has reached 116,450.

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ForkLog 15 15.02.2023

El Salvador to open Bitcoin embassy in the United States

The Salvadoran ambassador to the United States, Milena Mayorga, announced the opening of the Bitcoin embassy at a meeting with Texas Deputy Secretary of State Joe Esparza.

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ForkLog 8 14.02.2023

Analyst forecasts Bitcoin users to reach 1 billion within three years

Bitcoin users are projected to grow from just over 300 million to 1 billion over the next three years. This forecast was given by analyst Willy Woo.

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ForkLog 11 14.02.2023

Glassnode links Bitcoin network congestion to NFT emergence

The Ordinals phenomenon — a protocol for creating the first NFTs on the Bitcoin blockchain — has generated increased load on the network. Analysts at Glassnode highlighted this trend.

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ForkLog 8 13.02.2023

Crypto funds post first outflow in four weeks

Outflows from cryptocurrency investment products from February 4 to 10 amounted to $7 million, compared with inflows of $23 million a week earlier. CoinShares analysts attributed these estimates.

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ForkLog 15 09.02.2023

Unknown entity moved the ‘spawned’ 10-year 412 BTC

An address that has been inactive since October 2012 moved 412.12 BTC worth about $9.6 million.

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