Bitcoin | ForkLog

ForkLog 12 01.09.2022

South Korea arrests suspects linked to ‘kimchi premium’ cases

South Korean authorities have arrested 16 people suspected of aiding illegal foreign-exchange operations as part of the 'kimchi premium' arbitrage. Seoul Daily News reports.

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ForkLog 68 31.08.2022

What is the proof-of-work (PoW) algorithm?

How does the proof-of-work consensus algorithm work? Why is it crucial for blockchains? Which problems did PoW solve? Answers in cards.

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ForkLog 9 30.08.2022

Glassnode: Bitcoin holds at $20,000 despite weak metrics

Speculators are using rebounds to sell Bitcoin amid weakness in on-chain metrics. The price has not retraced to its lows due to the lack of significant selling pressure, according to Glassnode analysts.

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ForkLog 8 30.08.2022

Debunking the myths: How bad is Bitcoin for the environment?

ForkLog determined Bitcoin's share of global energy consumption and its long-term growth prospects.

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ForkLog 17 29.08.2022

Cardano edges Bitcoin in global-brand ranking

Cardano ranked 26th among 600 global brands in the emotional brand attachment ranking by MBLM. Bitcoin was in 30th place, Uniswap and Solana at 261 and 265 respectively.

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ForkLog 9 29.08.2022

Cyber Capital founder calls Bitcoin ‘one of the worst cryptocurrencies’

Due to the absence of technological progress, Bitcoin is 'an exclusively speculative asset without utility'. This was stated by Justin Bons, founder and Chief Investment Officer of Cyber Capital.

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ForkLog 8 29.08.2022

Expert cites three reasons for Bitcoin’s weak momentum

The implementation of institutional inflows, ease of shorting as a hedge against a market downturn, and rising popularity of pair trading with other cryptocurrencies explain Bitcoin's relatively weak momentum versus other digital assets.

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ForkLog 1568 25.08.2022

Total value of Bitcoin network transactions exceeds $100 trillion

Total value of Bitcoin network transactions exceeds $100 trillion, but real economic activity on the blockchain lags far behind this estimate. This was stated by Ark Invest analyst David Puell.

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ForkLog 12 22.08.2022

Bitcoin transaction fee falls below $1

As of August 22, the average transaction fee in the Bitcoin network stood at $0.825. The metric fell below one dollar for the first time since July 2020.

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ForkLog 54 18.08.2022

The main types of bitcoin address

The address formats on the bitcoin network, how they differ and how to choose.

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ForkLog 83 18.08.2022

How the Fed’s policy rate affects cryptocurrency prices

How are the Fed’s policy rate and bitcoin’s price linked? How has the first cryptocurrency behaved when rates change? And what does dollar inflation have to do with it? We explain in cards.

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ForkLog 8 16.08.2022

South Korean authorities study banks’ role in $6.5 billion kimchi premium arbitrage

In July, the FSS began an investigation into alleged facilitation by local banks of overseas transfers to crypto exchanges worth $6.5 billion, linked to the 'kimchi premium'. Cointelegraph reports.

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