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

#Bitcoin

Bitcoin Transaction Fees Hit Record High on Halving Day
ForkLog 20 22.04.2024

Bitcoin Transaction Fees Hit Record High on Halving Day

The average transaction fee in the Bitcoin network fell to $34.86 after reaching a record high of $128.45 on the day of the halving, April 20. Source: YCharts. The rise in transaction fees began ahead of the block reward reduction. Experts attributed the trend to user activity in anticipation of the launch of the Runes […]
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Bitcoin Block #840,000 Sees Users Pay $2.4 Million in Fees
ForkLog 15 20.04.2024

Bitcoin Block #840,000 Sees Users Pay $2.4 Million in Fees

Users paid 37.6256 BTC (approximately $2.4 million at the time of writing) in fees to include 3,050 transactions in Bitcoin’s halving block #840,000. Following the halving, fees on the network of the first cryptocurrency soared to an average of $203. Data: mempool.space. Screenshot: bitcoin.com. An unknown user paid a fee of 6.7 BTC (~$430,500). This […]
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Bitcoin Undergoes Fourth Halving
ForkLog 53 20.04.2024

Bitcoin Undergoes Fourth Halving

On April 20, Bitcoin’s network reached block height #840,000, marking the fourth halving event. The reward for mining a block was reduced from 6.25 BTC to 3.125 BTC. ? Block #840000, the #BitcoinHalving block, was successfully mined by ViaBTC! ? Thrilled to celebrate this milestone with our dedicated miners. ? Let’s keep pushing forward on […]
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Factors Driving Bitcoin's Growth in the Coming Years
ForkLog 10 19.04.2024

Factors Driving Bitcoin’s Growth in the Coming Years

In the next one to two years, the leading cryptocurrency is expected to outperform “everything else” amidst improving liquidity conditions in the United States. This forecast was made by Michael Nadeau, an analyst at The DeFi Report. He highlighted the volume of U.S. debt that will require refinancing this year, as well as market expectations […]
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Coinbase Analysts Highlight Macro Factors Influencing Post-Halving Crypto Market
ForkLog 9 19.04.2024

Coinbase Analysts Highlight Macro Factors Influencing Post-Halving Crypto Market

The trajectory of the cryptocurrency market following the halving will be shaped by macroeconomic factors in the short term, despite its strong fundamentals. This conclusion was reached by Coinbase experts, as reported by CoinDesk. “These factors are largely exogenous to cryptocurrencies and include increased geopolitical tensions, rising long-term rates, reflation, and growing government debt,” noted […]
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User Pays $17,500 Fee for 1.34 BTC Transfer
ForkLog 15 19.04.2024

User Pays $17,500 Fee for 1.34 BTC Transfer

On April 19, an unknown wallet transferred 1.34 BTC (approximately $87,000 at the time of the transaction), incurring a fee of $17,500. The transaction rate was 105,305 sat/vB, indicating the user overpaid by roughly 1,269 times. The block containing the transaction was confirmed by a miner from the ViaBTC pool. On April 18, another investor […]
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JPMorgan CEO Labels Bitcoin a Fraud and Ponzi Scheme
ForkLog 21 19.04.2024

JPMorgan CEO Labels Bitcoin a Fraud and Ponzi Scheme

Bitcoin lacks the fundamental qualities to be considered a currency, according to JPMorgan CEO Jamie Dimon in an interview with Bloomberg. “I have always said that bitcoin is a fraud. […]. It is […] a public decentralized Ponzi scheme,” he stated. The executive described the first cryptocurrency as a speculative asset and those who consider […]
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JPMorgan Analysts Predict Bitcoin Decline Post-Halving
ForkLog 9 18.04.2024

JPMorgan Analysts Predict Bitcoin Decline Post-Halving

With the market still in an overbought state, there is a possibility of a correction in the price of the leading cryptocurrency following the reduction in miners’ rewards. This is reported by CoinDesk, citing a JPMorgan report.  Analysts reached this conclusion based on an analysis of open interest in bitcoin futures.  Furthermore, the asset’s price […]
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Bitcoin Transaction Fees Surge Amid Runes Frenzy
ForkLog 19 18.04.2024

Bitcoin Transaction Fees Surge Amid Runes Frenzy

The average transaction fee in the Bitcoin network (7DMA) has exceeded $16. Experts from The Block attributed this to user activity in anticipation of the Runes launch. Data: The Block. Bitcoin developer and Ordinals creator Casey Rodarmor introduced Runes in September 2023. The protocol will enable the issuance of fungible tokens on the blockchain of […]
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Plan B Predicts Bitcoin to Reach $300,000 by 2025
ForkLog 29 18.04.2024

Plan B Predicts Bitcoin to Reach $300,000 by 2025

Analyst PlanB has stated that the current halving cycle is no different from previous ones. He anticipates Bitcoin reaching $100,000 in 2024 and peaking at $300,000 the following year. IMO this bitcoin halving will NOT be different:— All bitcoin price increase will again be around the halving— Buying 6m before the halving and selling 18m […]
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Coinify Foresees Bitcoin Sales Post-Halving
ForkLog 11 18.04.2024

Coinify Foresees Bitcoin Sales Post-Halving

The price dynamics of Bitcoin following the halving will adhere to the principle of “buy the rumour, sell the news.” This was stated by Coinify CEO Rikke Staer in an interview with The Block. The executive explained her expectations by citing the increased presence of institutional investors and the growing experience of retail investors. According […]
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Halving to Trigger Demand Shock and Strengthen Mining Sector
ForkLog 12 17.04.2024

Halving to Trigger Demand Shock and Strengthen Mining Sector

The forthcoming reduction in Bitcoin block rewards is expected to foster a more eco-friendly mining network powered by sustainable energy sources. The limited supply is likely to impact the asset’s price. Clean Mining Fineqia International analyst Matteo Greco told Cointelegraph that the halving will encourage Bitcoin mining companies to optimize capital efficiency through cheaper electricity, […]
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