Bitcoin | ForkLog

ForkLog 5 28.06.2024

Bearish Sentiments Hint at Bitcoin’s Potential Bottom

The level of bullish sentiment on X, Reddit, Telegram, 4Chan, and BitcoinTalk has significantly declined, with traders losing confidence in the markets, which could be seen as a factor indicating a local bottom, according to Santiment. ? The level of bullish calls across X, Reddit, Telegram, 4Chan, and BitcoinTalk has dropped significantly as traders have […]

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ForkLog 8 27.06.2024

Bearish Sentiment Dominates Bitcoin Options, Analysts Observe

Implied volatility for short-term bitcoin options on the CME has risen over the past month as traders anticipate local price shifts. This is reported by The Block, citing analysts from CF Benchmarks. According to researchers, at the end of May, the measure was roughly equal for put and call positions. However, following a 14% correction […]

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ForkLog 16 27.06.2024

Mayer Multiple Indicator Suggests Possible Bitcoin Price Floor

The leading cryptocurrency has facilitated a “healthy reset” of bullish sentiment as the Mayer Multiple indicator reached an eight-month low, according to analyst On-Chain Collage. The Bitcoin Mayer Multiple is now at a level not seen since October 2023, despite price at $60.9K now vs. $29.9K back in October. A healthy reset of sentiment to […]

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ForkLog 10 27.06.2024

US Government Transfers $240 Million in Bitcoin

On June 26, a cryptocurrency wallet associated with the US government transferred 3,940 BTC (approximately $240 million) to the exchange Coinbase Prime, according to analysts at Arkham Intelligence. Update: US Government Sends $240M BTC to Coinbase Prime The US Government just moved 3,940 BTC ($240M) to Coinbase Prime. This BTC was originally seized from narcotics […]

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ForkLog 29 27.06.2024

Satoshi-Era Miner Transfers 50 BTC Mined 14 Years Ago to Binance

A miner who extracted 50 BTC on July 14, 2010, has transferred them to Binance. The transaction was recorded by analysts at Lookonchain. A miner wallet woke up after being dormant for 14 years and deposited 50 $BTC($3.05M) to #Binance 7 hours ago. The miner earned 50 $BTC from mining on July 14, 2010. Address:1PDTDwpgRPdQaCcp3Th6zaMASgcCcm3Jcm […]

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ForkLog 18 26.06.2024

German Authorities Transfer $36 Million in Bitcoin to Trading Platforms

On June 26, Bitcoin wallets associated with the German government transferred 595.3 BTC, valued at approximately $36.65 million, to cryptocurrency trading platforms, according to data from Arkham. Data: Arkham. Of this amount, 125 BTC each were sent to the cryptocurrency exchanges Bitstamp and Kraken. Following a test transaction of 0.001 BTC, a transfer of 345.3 […]

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ForkLog 14 26.06.2024

Staking digital gold: how bitcoin miners are reshaping DeFi

In June 2024 the total value locked in DeFi protocols surpassed $100bn. Ethereum remains the leader and largest blockchain by this measure, with roughly a 60% share of the sector. Its dominance stems from the relative ease of building and deploying smart contracts, applications and tokens. Yet some market participants reckon Ethereum’s monopoly could wobble […]

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ForkLog 9 26.06.2024

Robert Kiyosaki Advises ‘Most People’ to Sell Bitcoin

Robert Kiyosaki, author of the bestseller “Rich Dad, Poor Dad” and entrepreneur, commented on Bitcoin’s decline by stating that “most people should sell.” Bitcoin is crashing. Most people should sell. I am waiting to buy more.All markets go up and down. Many people make a lot of money “trading”markets which means buying low and hopefully […]

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ForkLog 9 25.06.2024

German Authorities Transfer 400 BTC Worth $24.34 Million to Coinbase and Kraken

On June 25, wallets associated with Germany’s Federal Criminal Police Office (BKA) transferred 200 BTC each (totaling $24.34 million) to the exchanges Coinbase and Kraken. The transactions were tracked by Arkham. UPDATE: German Government selling additional $24M BTC In the past 2 hours the German Government has moved 400 BTC to exchange deposits at Kraken […]

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ForkLog 10 25.06.2024

Analysts Detect Bullish Sentiment in Bitcoin Options Market

Despite a market correction, derivatives indicators suggest a persistent bullish sentiment towards Bitcoin ahead of the expiration of weekly, monthly, and quarterly positions on June 28th. This was stated by several experts in a conversation with The Block. On the specified date, the put/call ratio stands at 0.51, indicating trader optimism. Open interest in Bitcoin […]

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ForkLog 12 25.06.2024

LN Alliance to Unite Developers for Bitcoin Ecosystem Advancement

Infrastructure company Lnfi aims to accelerate the development of the Lightning Network (LN) by leveraging new protocols such as Taproot Assets and Nostr. This topic was discussed during a session organized by UTXO Management. As part of the initiative, representatives from the LN Alliance reached out to industry partners and developers. “Today, the entire Lightning […]

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ForkLog 12 25.06.2024

Fear and Greed Index Signals Bearish Sentiment

On June 25, the cryptocurrency Fear and Greed Index dropped to 30 points, a level last seen in September 2023. Cryptocurrency Fear and Greed Index. Data: Alternative.me. The metric’s decline occurred amid a general downturn in the crypto market. From June 24 to 25, Bitcoin fell from $62,500 to $59,100, dragging other assets down with […]

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