Bitcoin | ForkLog

ForkLog 7 30.09.2022

Scientists call Bitcoin ‘digital oil’ because of its climate impact

In terms of climate damage, Bitcoin acts more like 'digital oil' than 'digital gold', according to researchers at the University of New Mexico.

AI translated

ForkLog 9 29.09.2022

CFTC chief foresees Bitcoin price rise as oversight takes hold

Regulation of the digital-asset market under the leadership of the CFTC could bring significant benefits, including a potential rise in the price of the leading cryptocurrency. This was stated by the agency's head Rostin Benham, according to CoinDesk.

AI translated

ForkLog 8 27.09.2022

Study finds Bitcoin mining accounts for 0.1% of global CO2 emissions.

Since the inception of the Bitcoin network and up to 21 September 2022, Bitcoin miners produced 199.65 million tonnes of CO2e.

AI translated

ForkLog 7 27.09.2022

Analysts point to continuation of Bitcoin’s detox phase

Bitcoin rose past the $20,000 psychological level. Hodlers remain resilient, underpinning a full market detox cycle, Glassnode analysts say.

AI translated

ForkLog 7 26.09.2022

Analysts report outflows from bearish Bitcoin funds

From the structures that allow shorting the first cryptocurrency, withdrawals of $5.1 million were recorded from September 17 to 23. Previously inflows had been recorded for seven consecutive weeks, bringing their AUM to a record $172 million, CoinShares analysts say.

AI translated

ForkLog 9 26.09.2022

Grayscale’s GBTC discount to NAV hits a record 35%

On September 23, the GBTC discount to NAV reached 35.18% according to data from yCharts.

AI translated

ForkLog 7 24.09.2022

Michael Saylor sees Bitcoin hitting a new all-time high within four years

Michael Saylor, founder of MicroStrategy, forecast that the price of digital gold would rise above the all-time high of $69,000 set in November 2021.

AI translated

ForkLog 61 23.09.2022

Bitcoin, explained: what it is and how it works

What is Bitcoin’s main innovation? Who created it and who maintains it today? How has its price changed over the years? A primer on the first cryptocurrency in cards.

AI translated

ForkLog 11 23.09.2022

Valour secures Frankfurt Stock Exchange listing for carbon-neutral Bitcoin ETP

Valour, the subsidiary of DeFi Technologies, has secured listing on the Frankfurt Stock Exchange for a carbon-neutral Bitcoin-based exchange-traded product (ETP).

AI translated

ForkLog 17 20.09.2022

MicroStrategy adds 301 BTC for $6 million

The analytics software provider MicroStrategy has purchased an additional 301 BTC for $6 million.

AI translated

ForkLog 7 19.09.2022

Analysts record rebound in inflows to crypto funds

Inflow to cryptocurrency investment products for the period September 10–16 totaled $7.3 million, versus a $63 million outflow a week earlier. CoinShares analysts provided these estimates.

AI translated

ForkLog 11 16.09.2022

Fitch downgrades El Salvador’s foreign-currency issuer default rating

Fitch Ratings downgraded El Salvador's long-term issuer default rating in foreign currency from CCC to CC.

AI translated

#Bitcoin