Bitcoin | ForkLog

ForkLog 7 06.12.2021

Media: Institutions cut Bitcoin positions by at least $500 million

An anonymous trading firm cut Bitcoin positions by $500 million on December 4, triggering 'aggressive' liquidations in the derivatives market totaling $1.3 billion in the $42,000 to $51,000 range, The Block reports.

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ForkLog 10 04.12.2021

Bitcoin on-chain value transferred reaches $8.89 trillion

Since the creation of the first cryptocurrency, the cumulative value transferred through its blockchain has reached $8.89 trillion.

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ForkLog 7 03.12.2021

Media reports on Goldman Sachs’ interest in bitcoin-collateralised lending products

Goldman Sachs and other US investment banks are considering a tri-party repo arrangement with Bitcoin futures as collateral. CoinDesk reports, citing sources.

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ForkLog 8 03.12.2021

Ethereum hash rate hits record high in November

On November 12, the Ethereum network hash rate (seven-day smoothed moving average) reached a record high of 818.39 TH/s. This occurred shortly after ETH crossed{{AOPEN_1}} the $4700 level{{ACLOSE_1}}, according to ForkLog{{AOPEN_2}} analytical{{ACLOSE_2}} report.

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ForkLog 19 01.12.2021

Grayscale suggests the SEC may have violated the law in approving a futures-based bitcoin ETF

The willingness of the SEC to approve a futures-based bitcoin ETF with denials of applications based on its spot variant may violate the Administrative Procedure Act (APA). The conclusion is contained in a letter sent to the agency by Grayscale Investments.

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ForkLog 10 30.11.2021

52-metre yacht put up for sale with payment in Bitcoin, Dogecoin or NFT

The owner of the 52-metre superyacht VIANNE confirmed the possibility of buying or chartering it with digital assets. The condition is a 10% down payment in euros or US dollars.

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ForkLog 19 29.11.2021

Invesco secures listing for a physically backed Bitcoin ETP on Deutsche Börse

One of the largest US investment firms, Invesco, announced the addition of Xetra, within the Deutsche Börse structure, to the listing of a physically backed Bitcoin ETP. ETFStream reports.

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ForkLog 13 29.11.2021

MicroStrategy buys an additional 7,002 BTC

The analytics software provider MicroStrategy has purchased an additional 7,002 BTC for about $414.4 million, according to chief executive Michael Saylor.

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ForkLog 39 27.11.2021

El Salvador’s Bitcoin fund buys 100 more BTC

El Salvador's President Nayib Bukele said the state Bitcoin fund used the dip in bitcoin's price to buy another 100 BTC.

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ForkLog 16 25.11.2021

Bitcoin surpasses PayPal in value transferred

From the start of 2021, the Bitcoin network has processed a larger volume of transactions in US dollars than the PayPal payment system, according to a Blockdata report.

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ForkLog 17 25.11.2021

Arcane Research: The First U.S. Bitcoin ETF Captured 95.5% of the Market

The first futures-based Bitcoin ETF (BITO) from ProShares bought 4,840 CME-traded contracts. This represents 95.5% of the total AUM among the three SEC-approved exchange-traded funds, according to Arcane Research analysts.

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ForkLog 7 25.11.2021

JPMorgan: Ethereum’s Growth Potential Higher than Bitcoin

Ethereum is a more attractive investment than the first cryptocurrency due to its lower sensitivity to macroeconomic factors. JPMorgan analysts reached this conclusion, The Independent reports.

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