Bitcoin | ForkLog

ForkLog 8 13.11.2024

Genius Group Allocates 90% of Reserves to Bitcoin

Genius Group, a company specializing in educational programs utilizing artificial intelligence, has adopted Bitcoin as its primary treasury asset. The firm has pledged to hold 90% of its current and future reserves in the cryptocurrency, according to a press release. The company is investing $120 million in digital gold — equivalent to 1379 BTC at […]

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ForkLog 8 08.11.2024

Bitcoin Shows No Signs of Overheating, Says Expert

From a fundamental perspective, bitcoin does not exhibit “signs of overheating,” according to a report by Galaxy Digital, as reported by Cointelegraph. The expert noted the absence of a spike in funding rates for perpetual contracts and a moderate increase in OI across crypto derivatives. Data: Coinglass. According to Galaxy Digital, bitcoin and other cryptocurrencies […]

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ForkLog 27 08.11.2024

Buying the fear: putting Warren Buffett’s mantra to the test with bitcoin

“Buy when everyone is fearful, and sell when everyone is greedy.” This Warren Buffett principle is familiar to anyone with even a passing interest in investment theory. How best to apply it to bitcoin has been examined by Oleg Cash Coin. Disclaimer ForkLog is not responsible for readers’ investment decisions or the outcomes that may […]

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ForkLog 7 06.11.2024

Ethereum’s Market Cap Share Relative to Bitcoin Hits 3.5-Year Low

The market capitalization ratio of Ethereum to Bitcoin has fallen to 24.52%, the lowest level since April 2021. At the beginning of 2024, the metric stood at 32.7%, reports The Block. This indicator reflects investor preferences and capital flows between the two largest assets by market value in the cryptocurrency market. The growing dominance of […]

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ForkLog 12 02.11.2024

Dormant Bitcoin Address Awakens After 11 Years, Moves $22.5 Million

An inactive wallet for 11 years has transferred 325 BTC, valued at $22.5 million, to a new address. Analysts at Whale Alert noted this activity. ? ? ? A dormant address containing 325 #BTC (22,502,276 USD) has just been activated after 11.0 years (worth 135,628 USD in 2013)!https://t.co/vAWaDabRna — Whale Alert (@whale_alert) November 1, 2024 […]

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ForkLog 12 31.10.2024

Trump Celebrates Bitcoin White Paper’s 16th Anniversary

Former US President Donald Trump marked the 16th anniversary of the publication of the Bitcoin white paper with a post on his X account.

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ForkLog 5 31.10.2024

JPMorgan Analysts Predict Bitcoin and Gold Surge if Trump Wins

A potential victory for Donald Trump in the upcoming U.S. elections on November 5 could bolster the upward momentum of the leading cryptocurrency’s price, reports The Block, citing opinions from JPMorgan analysts.

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ForkLog 26 31.10.2024

Sixteen Years Since Bitcoin’s White Paper Publication

On October 31, 2008, Satoshi Nakamoto published the Bitcoin white paper. This technical document outlined the workings of a peer-to-peer payment system, which subsequently revolutionised the world of financial technology. The identity behind the pseudonym of the creator of the first cryptocurrency remains unknown, as does whether it was an individual or a group of […]

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ForkLog 7 29.10.2024

Dormant Bitcoin Whale Moves 159 BTC Amid Price Surge

On October 29, a major bitcoin holder, inactive for 12 years, transferred part of their assets following the cryptocurrency’s price surge past $71,000. Analysts at Lookonchain noted this activity. After the price of $BTC broke through $71,000, a whale with 749 $BTC($53.23M) woke up after 12 years of dormancy and transferred 159 $BTC($11.32M) out! The […]

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ForkLog 6 29.10.2024

Bitcoin ETFs Attract $479.35 Million, with BlackRock Leading

On October 28, spot ETFs based on the leading cryptocurrency recorded an inflow of $479.35 million, marking the largest figure in the past two weeks. Daily dynamics of fund inflows into Bitcoin-based exchange-traded funds. Data: SosoValue. The largest portion of the total was attributed to BlackRock’s IBIT, with $315.19 million (11 consecutive “positive” days). Trading […]

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ForkLog 9 28.10.2024

Researcher Identifies ‘Vampire Attack’ on Bitcoin

The siphoning of Bitcoin liquidity into DeFi protocols, exchange-traded products, and custodial services constitutes a ‘vampire attack’ on the network, threatening its security, according to researcher Duo Nine. Bitcoin is in trouble. If nothing changes soon, things won’t be pretty. I’m not talking about the halving schedule or block rewards, it’s much more serious than […]

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ForkLog 5 26.10.2024

Dormant Bitcoin Address Awakens After 14 Years, Moves $3.4 Million

A wallet inactive for over 14 years has transferred 50 BTC, valued at nearly $3.4 million, to a new address. Analysts at Whale Alert noted this activity. ? A dormant address containing 50 #BTC (3,387,175 USD) has just been activated after 14.3 years (worth 2 USD in 2010)!https://t.co/HWGBYNbQWd — Whale Alert (@whale_alert) October 25, 2024 […]

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