Bitcoin | ForkLog

ForkLog 11 08.02.2023

Powell’s testimony triggers volatility in crypto markets

The interview with the U.S. Federal Reserve chair Jerome Powell at the Economic Club of Washington sparked sharp swings in digital assets.

AI translated

ForkLog 16 07.02.2023

Glassnode notes transitional phase from bear to bull market

There is a cyclic transition in the Bitcoin market, driven by a sharp change in the balance of profits and losses. Glassnode analysts say as much.

AI translated

ForkLog 5 06.02.2023

Inflows into crypto products total $230 million since the start of the year

From January 28 to February 3, inflows into crypto investment products totaled $76 million. Positive momentum continued for the fourth week in a row, with inflows for the year to date reaching $230 million, according to CoinShares analysts.

AI translated

ForkLog 14 03.02.2023

Ray Dalio questions Bitcoin’s ability to replace fiat

Fiat currency as an effective store of value is 'in serious danger', but Bitcoin and stablecoins will not fulfil this role. This was stated by investor and billionaire Ray Dalio.

AI translated

ForkLog 5 02.02.2023

Tim Draper urges Sri Lanka to legalise Bitcoin

The adoption of Bitcoin in Sri Lanka and the widespread deployment of artificial intelligence could transform the country into a paradise for global entrepreneurs, said venture investor and billionaire Tim Draper, according to Daily Mirror.

AI translated

ForkLog 6 01.02.2023

deVere Group: 82% of millionaires show interest in Bitcoin

82% of clients with AUM from £1m to £5m ($1.23-6.15m) in the past 12 months sought consultations from their financial advisers about investing in cryptocurrencies. The data comes from the financial services provider deVere Group.

AI translated

ForkLog 8 31.01.2023

Experts link Bitcoin pullback to hedging ahead of Fed meeting

Bitcoin's price on January 30 fell by almost 4% as risk appetite waned ahead of Wednesday's Fed meeting. There was no significant activity hedging positions through options, according to Blofin Academy.

AI translated

ForkLog 12 31.01.2023

Glassnode: Bitcoin recovers from the fallout of the FTX collapse

Strong spot-market demand and January short-covering spurred Bitcoin's biggest rally since October 2021. For the first time since the FTX collapse, futures moved into contango, and exchange outflows shifted to inflows.

AI translated

ForkLog 9 30.01.2023

Institutions inject a record July-high volume of assets into crypto funds

Between January 21 and 27, $117 million flowed into cryptocurrency investment products — the highest since July 2022, according to CoinShares.

AI translated

ForkLog 8 30.01.2023

Bitcoin blogger Lark Davis: Ethereum holders rose 263% over the year

Crypto investor and blogger Lark Davis said Ethereum outpaced Bitcoin in the number of new holders over the year.

AI translated

ForkLog 8 27.01.2023

Arizona lawmakers renew bid to legalise Bitcoin as a form of payment

Arizona State Senator Wendy Rogers has again proposed enshrining Bitcoin as a legal form of payment in the state.

AI translated

ForkLog 6 27.01.2023

Matrixport: Institutions account for up to 85% of Bitcoin purchases

Institutional investors 'do not shun cryptocurrencies' — they account for up to 85% of Bitcoin purchases. The assessment was made by Markus Thielen, head of research and strategy at Matrixport, according to Cointelegraph.

AI translated

#Bitcoin