Bitcoin | ForkLog

ForkLog 12 15.09.2021

Opinion: Ahead of September 24 options expiry, market expects elevated volatility

The heaviest trading activity in the expiring September 24 quarterly Bitcoin options is concentrated in the $46,000 to $54,000 range, and the implied volatility curve suggests a move to $48,000–$50,000, according to a Delphi Digital report.

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ForkLog 31 14.09.2021

Glassnode: Recent Bitcoin slump did not shake long-term investors’ sentiment

The sharp pullback in Bitcoin price last week, driven by liquidations in the crypto-derivatives market, did not shake long-term investors' resolve to hold the coins they acquired.

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ForkLog 9 14.09.2021

Greenidge Generation to go public on Nasdaq via reverse merger

The American mining company Greenidge Generation will go public through a reverse merger with the Nasdaq-listed SPAC Support.com. Finalization of the deal is expected on September 14, with the listing the following day.

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ForkLog 8 14.09.2021

El Salvador’s president acknowledged technical difficulties in implementing Bitcoin payments

In El Salvador, the registration of new users of the Chivo digital wallet was suspended and the app was blocked from being downloaded on new smartphone models. President Nayib Bukele attributed the problems to the compressed timelines for building the cryptocurrency infrastructure.

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ForkLog 35 14.09.2021

Bitcoin Core 22.0 Released with Taproot Support

A new version of the popular Bitcoin Core client (v 22.0) has been released. It includes support for the upcoming major Taproot upgrade.

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ForkLog 11 13.09.2021

Study finds Bitcoin miners’ electricity use surpasses 2020 levels

The Bitcoin network uses 67 TW of electricity, higher than the peak reached in 2020. Bloomberg cites the Cambridge University Bitcoin Electricity Consumption Index.

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ForkLog 13 13.09.2021

MicroStrategy buys an additional 5,050 BTC

MicroStrategy, a provider of analytics software, has purchased an additional 5,050 BTC for about $242.9 million. This was reported by the company’s chief, Michael Saylor.

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ForkLog 8 13.09.2021

El Salvador to exempt foreign Bitcoin investors from taxes

The government of El Salvador will exempt foreign investors from capital gains tax and the income tax on Bitcoin transactions. This was stated by the president's legal affairs adviser Javier Argueta in a comment to AFP.

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ForkLog 14 11.09.2021

Billionaire Leon Cooperman Urged Caution in Bitcoin Investments

American billionaire Leon Cooperman, in an CNBC interview, admitted that he does not understand how the first cryptocurrency works. He also urged caution regarding investments in Bitcoin.

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ForkLog 19 10.09.2021

Poll: one in four Americans would back Bitcoin legalization

27% of Americans expressed a positive view of the hypothetical scenario of recognizing Bitcoin as a payment method. The results came from the research organization YouGov.

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ForkLog 17 10.09.2021

Argo Blockchain secures $25 million loan from Galaxy Digital

Mining company Argo Blockchain agreed a loan from Galaxy Digital, Mike Novogratz's crypto bank, totaling £18 million (~$25 million). The funds will be used to expand the facility's capacity in Texas, United States.

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ForkLog 13 10.09.2021

Mexico’s central bank chief says bitcoin is a barter instrument

Bitcoin is more like a barter instrument, whose use carries high risk, than “evolved” money. This was stated by Mexico's central bank governor Alejandro Díaz de León, according to Reuters.

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