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Культовый журнал о биткоине, технологии блокчейн и цифровой экономике. forklog hub Площадка для общения криптосообщества. Соединяем компании и пользователей.

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Trader Nets $6.85 Million from Bitcoin Rally
ForkLog 6 20.11.2024

Trader Nets $6.85 Million from Bitcoin Rally

The new all-time high for Bitcoin on November 19 yielded a $6.85 million profit for a user, as noted by analysts at Lookonchain. This guy chased the rally to buy $BTC and made another profit of $6.85M! From Nov 6 to 8, he sold 619 $WBTC($46.44M) at $75,029 and made $8.85M! But he sold it […]
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Bernstein Identifies Catalysts for Bitcoin's Rise to $200,000
ForkLog 10 18.11.2024

Bernstein Identifies Catalysts for Bitcoin’s Rise to $200,000

Analysts at Bernstein have identified key catalysts that could propel Bitcoin to a target level of $200,000 by 2025, according to The Block. Experts highlighted the significant roles of the SEC chairman and the Treasury Secretary in Donald Trump’s new administration after January 20. According to Polymarket, Howard Lutnick, CEO of Cantor Fitzgerald, is the […]
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Dormant Bitcoin Address Awakens, Moves $180 Million
ForkLog 8 16.11.2024

Dormant Bitcoin Address Awakens, Moves $180 Million

An address inactive for 14 years has transferred 2,000 BTC, valued at over $180 million, to a new location, as noted by analysts at Lookonchain. A miner with 2,000 $BTC($180M) woke up after being dormant for over 14 years and transferred all 2,000 $BTC out today. This miner earned 2,000 $BTC through mining in 2010 […]
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US Congress to Vote on Bitcoin Reserve Bill
ForkLog 28 15.11.2024

US Congress to Vote on Bitcoin Reserve Bill

US Senator Cynthia Lummis introduced the “Bitcoin Act of 2024” for a Congressional vote, proposing the establishment of a strategic reserve of the leading cryptocurrency in the country. “[The proposal] aims to create a strategic bitcoin reserve and other programs to ensure transparent management of the federal government’s bitcoin assets, offset expenses using certain Federal […]
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“Our task is to help people extract more from this bull run.” An interview with GoMining CEO Mark Zalan
ForkLog 61 15.11.2024

“Our task is to help people extract more from this bull run.” An interview with GoMining CEO Mark Zalan

In mid-September the developers of the GoMining app launched Miner Wars, a mode that gamifies Bitcoin mining. Since then, about 25,000 users have joined, making in-game purchases of more than $500,000 using the GOMINING utility token. We spoke with GoMining CEO Mark Zalan about democratising mining through NFTs and the growing interest in Bitcoin-based DeFi. […]
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Solidion Technology Allocates Reserves to Bitcoin
ForkLog 10 15.11.2024

Solidion Technology Allocates Reserves to Bitcoin

Solidion Technology, a manufacturer of electric batteries and components, announced the conversion of part of its cash reserves into Bitcoin. Going forward, the company plans to allocate 60% of its excess funds, all interest income from the money market, and a portion of future capital raised to purchasing the leading cryptocurrency. Solidion justifies its decision […]
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Michael Saylor Advocates for a US Strategic Bitcoin Reserve
ForkLog 7 15.11.2024

Michael Saylor Advocates for a US Strategic Bitcoin Reserve

The creation of a strategic bitcoin reserve is “the best deal of the 21st century,” declared MicroStrategy founder Michael Saylor at the CantorCrypto conference. Surprise! NBA legend @ScottiePippen has joined @saylor and @MikeBucella to address the crowd at #CantorCrypto. Watch now. #Bitcoin #Crypto #AI https://t.co/N73sXGCCb8 Disclaimer: The views and opinions expressed in this broadcast are […]
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Trump's Victory Shifts Investor Interest from Gold to Cryptocurrencies
ForkLog 6 15.11.2024

Trump’s Victory Shifts Investor Interest from Gold to Cryptocurrencies

The price of gold has reached a two-month low at $2543, losing over 7% in the first week following the U.S. presidential election. At the time of writing, the metal is trading at $2561. 2-hour XAU/USD chart by Quanda. Data: TradingView. “The bull market in gold and silver has paused, which may last for a […]
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Bhutan Transfers Additional 367 BTC to Binance
ForkLog 16 14.11.2024

Bhutan Transfers Additional 367 BTC to Binance

On November 14, the Royal Government of Bhutan moved approximately 367.26 BTC ($33.5 million) to a Binance deposit address, according to data from Arkham. Previously, on October 29, the “Dragon Kingdom” transferred around 935 BTC ($66.4 million at the time) to the largest cryptocurrency exchange. On July 1, Bhutan’s authorities moved 381 BTC ($24.1 million […]
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Bitcoin's Correlation with Gold Hits 11-Month Low
ForkLog 12 14.11.2024

Bitcoin’s Correlation with Gold Hits 11-Month Low

The correlation between the leading cryptocurrency and gold has dropped to an 11-month low of -0.36, as noted by K33 Research, reports The Block. 30-day correlation of Bitcoin with gold. Data: The Block. The divergence emerged following Donald Trump’s victory in the presidential elections. Since then, Bitcoin has risen by 20% to new ATH, while […]
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Dormant Bitcoin Wallet Awakens After 13 Years, Moves $3.6 Million
ForkLog 17 13.11.2024

Dormant Bitcoin Wallet Awakens After 13 Years, Moves $3.6 Million

A wallet inactive for over 13 years has transferred 42.3 BTC, valued at $3.67 million, to a new address. Analysts at Lookonchain noted this activity. A #Bitcoin wallet with 426.3 $BTC($36.62M) transferred 42.3 $BTC($3.67M) out after 13 years of dormancy. This wallet received 426.3 $BTC($5,753) on July 29, 2011, when the price of $BTC was […]
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Mine, baby, mine: how miners turned into speculators—and the risks for the market
ForkLog 13 13.11.2024

Mine, baby, mine: how miners turned into speculators—and the risks for the market

While investors focus on US exchange-traded funds, bitcoin miners are adapting to the new regime after the April 2024 halving. It cut daily issuance from 900 to 450 BTC. Yet, contrary to common belief, aggregate revenues for the diggers of digital gold have barely changed. Oleg Cash Coin examines what large miners are doing to […]
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