Bitcoin | ForkLog

ForkLog 10 06.05.2024

Jameson Lopp Advocates for Free Bitcoin Testnet

The Bitcoin test network (TBTC) requires a partial reset due to ongoing “block storms” caused by its “unique” consensus mechanism, according to Casa co-founder and CTO Jameson Lopp in a new essay. While the main blockchain of the first cryptocurrency produces an average of 144 blocks per day, the testnet processes around 10,000. As a […]

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ForkLog 10 02.05.2024

BlackRock Anticipates Renewed Interest in Bitcoin ETFs

The current lull in the spot Bitcoin ETF segment is likely to be followed by a new wave of a different type of investors, according to Robert Mitchnick, head of digital assets at BlackRock, in an interview with CoinDesk. In the coming months, financial institutions, including pension, endowment, and sovereign wealth funds, are expected to […]

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ForkLog 13 02.05.2024

MicroStrategy to Launch Bitcoin-Based Decentralized Identity Solution

MicroStrategy intends to launch a decentralized identity protocol, MicroStrategy Orange, built on Bitcoin. This was reported by influencer Dylan LeClair, who attended the presentation. Source: I’m at the presentation. pic.twitter.com/bVJvWh2PxB — Dylan LeClair ? (@DylanLeClair_) May 1, 2024 The solution stores and interacts with users’ personal information using unspent transaction outputs (UTXO) on the blockchain. […]

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ForkLog 31 02.05.2024

VanEck Assesses Bitcoin Holdings of ETFs, Nations, and Companies

The combined value of bitcoins held in the wallets of various nations, public, and private companies amounts to $175 billion, according to calculations by VanEck, reports The Block. Data: The Block. This figure represents approximately 15% of the total market capitalization of the leading cryptocurrency, according to CoinGecko. “Interest in digital gold among institutional investors […]

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ForkLog 19 01.05.2024

‘AI tokens are meme coins’: All Time Half guests on the state of the market

On April 13, guests on the CRYPTOCENOSIS stage at ForkLog’s All Time Half 2024 conference discussed the current state of the crypto market, the Austrian school of economics, meme coins, AI tokens and the prospects for the coming bull market. Here are the key takeaways. Is Bitcoin a replacement for the existing financial infrastructure? Briefly: […]

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ForkLog 21 30.04.2024

Bitcoin Records First Monthly Loss as Ethereum Falls to $3000

The price of the leading cryptocurrency has shown negative monthly dynamics for the first time since August 2023, decreasing by 12% in April—from $70,000 to $61,000. Monthly BTC/USDT chart on Binance. Data: TradingView. The correction over the past 30 days has been the largest since June 2022, when Bitcoin opened the month at around $31,000 […]

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ForkLog 9 30.04.2024

Alliance Resource Reports Holding 425 BTC

American public energy company Alliance Resource, known for its coal mining operations, has disclosed in its financial report that it holds 425 BTC. This was reported by CoinDesk. The company does not purchase the leading cryptocurrency but mines it using its own equipment and surplus generated energy. The coal giant, with a market capitalization of […]

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ForkLog 65 30.04.2024

Hong Kong Launches Spot Bitcoin and Ethereum ETFs

On April 30, the Hong Kong Stock Exchange (HKEX) officially commenced trading of six spot ETFs based on Bitcoin and Ethereum. The issuers are China Asset Management, Harvest Global, Bosera, and HashKey. The instruments have been assigned the following tickers: Bosera HashKey Bitcoin ETF (3008.HK); Bosera HashKey Ether ETF (3009.HK); ChinaAMC Bitcoin ETF (3042.HK); ChinaAMC […]

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ForkLog 7 29.04.2024

Australia Poised for Bitcoin ETF Approval, Bloomberg Reports

The Australian Securities Exchange (ASX) may commence trading of spot exchange-traded funds (ETFs) based on the leading cryptocurrency by the end of 2024, according to Bloomberg. Applications for these products have been submitted by asset managers VanEck Australia, BetaShares, and DigitalX. Justin Arzadon, head of digital assets at BetaShares, stated that the firm is preparing […]

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ForkLog 19 29.04.2024

Solo Miner Secures Bitcoin Block, Earning $218,500

On April 29, a solo miner with equipment hash rate of 120 PH/s added block #841,286 to the blockchain of the first cryptocurrency. This was reported by CKPool administrator Con Kolivas. Congratulations to miner 365ughTgK9Q7rXXTM7vubqy1awZ2AZJijP for solving the 282nd solo block solved at https://t.co/UWgBvLkDqc with a large ~120PH at the time (12PH average over a […]

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ForkLog 5 26.04.2024

IMF Acknowledges Bitcoin’s Economic Potential

In a new report, the International Monetary Fund (IMF) examined the first cryptocurrency and its impact on global markets. The organization recognized the asset’s ability to positively influence the economy. According to the IMF, digital gold is a “key to autonomy” for many countries in difficult financial situations. The report notes the growing popularity of […]

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ForkLog 42 25.04.2024

Runes Tokens Dominate Bitcoin Transactions

On April 24, tokens on the Runes protocol accounted for 51.5% of daily transactions on the Bitcoin blockchain. Traditional BTC operations comprised 46.9%, according to a dashboard on Dune. Source: Dune. The previous day, these figures reached 81% and 18.8%, respectively. The combined share of Ordinals and BRC-20 did not exceed 2%. The excitement surrounding […]

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