Bitcoin | ForkLog

ForkLog 30 08.07.2025

Mayer Multiple Indicates Bitcoin’s Undervaluation

The Mayer Multiple metric suggests that the leading cryptocurrency is undervalued, despite its price nearing historical highs. This conclusion comes from an analysis by CryptoQuant’s Axel Adler Jr. The Bitcoin Mayer Multiple is another classic model in analysis. Currently, the metric stands at 1.1х (price to 200-day moving average), which falls within the neutral zone […]

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ForkLog 64 07.07.2025

$8.6 Billion Bitcoin Transfer Sparks Debate Over Owner’s Identity

An unknown entity has moved 80,000 BTC worth $8.6 billion from eight wallets inactive for 14 years. The community is debating two main theories: a hack or a planned transfer by the owner. BILLIONAIRE BITCOIN WHALE UPDATE Yesterday’s $8 billion transfers were possibly related to address upgrades, moving from 1- addresses to bc1q- addresses. There […]

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ForkLog 43 07.07.2025

BBVA Opens Bitcoin and Ethereum Access to Retail Clients

The banking group BBVA has opened up trading and custody services for Bitcoin and Ethereum to retail clients in Spain. The service is available through the bank’s mobile app for all adult customers. The launch followed an application to the National Securities Market Commission in March 2025. The bank independently holds clients’ assets without involving […]

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ForkLog 63 04.07.2025

Solo Miner Strikes Bitcoin Block Amidst Decline of Major Players

On July 4, a solo miner successfully mined block #903,883 on the Bitcoin network, earning a reward of 3.173 BTC ($348,948). Data: mempool.space. The participant used the CKpool platform, mining coins with equipment boasting a hash rate of 2.3 PH/s. CKPool administrator Con Kolivas congratulated the miner, explaining that the odds of such an event […]

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ForkLog 52 04.07.2025

Analyst Predicts Potential End of Bitcoin Bull Market by Autumn

In the current cycle, Bitcoin has only two to three months left for growth if it follows the historical pattern of 2020, according to the analyst known as Rekt Capital. Based on the previous bull rally, the expert forecasts a peak in October—550 days after the halving in the network of the first cryptocurrency. Source: […]

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ForkLog 12 03.07.2025

Bitcoin tests $110,000 as Ethereum and altcoins flash positive signals

On 3 July, bitcoin hit a three-week high, pushing above $110,000. The rebound came amid a global expansion in the money supply (M2), which set a new ATH above $55 trillion. Hourly chart of BTC/USDT on Binance. Data: Tradingview. In comments to The Block, BTC Markets crypto analyst Rachel Lucas linked today’s rally to macro […]

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ForkLog 10 02.07.2025

Corporations Outpace ETFs in Bitcoin Purchases for Third Consecutive Quarter

The price of the leading cryptocurrency remains stable due to demand from public companies. Simultaneously, the SEC is accelerating the approval of crypto-based exchange-traded funds. This was reported by analysts at QCP Capital. For the third consecutive quarter, public companies have surpassed ETFs in the volume of bitcoin purchases. Firms such as ProCap BTC LLC, […]

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ForkLog 41 02.07.2025

Cautious Optimism: 96.7% of Bitcoin Supply in Profit

As of late June, 96.7% of the supply of the leading cryptocurrency was in profit, indicating a high risk of volatility, according to a report by Glassnode. Percentage of Bitcoin supply in profit. Data: Glassnode. Historically, such high levels lead to selling pressure as the potential for profit-taking increases, researchers noted. The current situation reflects […]

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ForkLog 27 02.07.2025

Bitcoin ETFs Experience First Outflow in 15 Days

On July 1, U.S. spot exchange-traded funds based on the leading cryptocurrency recorded an outflow of $342.2 million, breaking a 15-day streak that totaled $4.7 billion. Data: SoSoValue. The most popular instrument, IBIT from BlackRock, showed zero flow after 15 days of positive dynamics totaling $3.8 billion. The leader in outflows was FBTC from Fidelity […]

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ForkLog 18 02.07.2025

Standard Chartered: Bitcoin Halving No Longer Influences Price

Analysts at Standard Chartered forecast a rise in the leading cryptocurrency to $200,000 by the end of 2025, with an interim target of $135,000 in the third quarter. The primary drivers of this growth, according to experts, are inflows into spot ETFs and corporate purchases of Bitcoin. Jeff Kendrick, head of digital asset research, noted […]

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ForkLog 34 02.07.2025

The etherisation of bitcoin: how BTCFi affects user privacy

Over the past year the combined TVL of BTCFi protocols has grown more than sixfold—from $975m to over $6.5bn. According to DeFi Llama, bitcoin has entered the top three DeFi ecosystems by TVL, behind Ethereum and Solana. Protocols such as Babylon are opening new income opportunities for holders of the original cryptocurrency. Yet participation in […]

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ForkLog 50 29.06.2025

Bitcoin Mining Difficulty Drops by 7.48%

On June 29, following the latest recalibration, the mining difficulty of the leading cryptocurrency adjusted by 7.48% to 116.96 T. Data: CloverPool. This marks the second consecutive decline, with the current drop being the most significant in recent years. According to Glassnode, the hash rate (7 DMA) plummeted to 799 EH/s from near-record levels. Data: […]

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