Bitcoin | ForkLog

ForkLog 4 10.04.2024

Spot Bitcoin ETF Trading Volume Surpasses $200 Billion

In the three months following their launch, the cumulative trading volume of spot exchange-traded funds (ETFs) based on the leading cryptocurrency has exceeded $200 billion, according to data from The Block Data. The figure for March nearly doubled, setting a record at $111 billion for the month. According to SoSoValue, on April 9, the trading […]

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ForkLog 8 10.04.2024

Marathon CEO: Bitcoin Halving Already Priced In

The upcoming halving of the reward for Bitcoin miners is to some extent already factored into the current bullish cycle, according to Marathon CEO Fred Thiel in an interview with Bloomberg. In his view, the approval of spot ETFs based on the leading cryptocurrency has been “hugely successful” and has attracted capital to the market. […]

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ForkLog 13 09.04.2024

Metaplanet Shares Soar 90% Following Bitcoin Reserve Acquisition

The shares of Japanese public company Metaplanet surged nearly 90% following the announcement of a new strategy involving the acquisition of bitcoins worth 1 billion yen (~$6.6 million) for its balance sheet. Today, we’re thrilled to announce a groundbreaking shift in our financial strategy, as we embrace Bitcoin as the core treasury asset of the […]

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ForkLog 38 09.04.2024

Singlesig or multisig: what should bitcoin holders choose?

How to self-custody bitcoin? First, choose a reliable non-custodial wallet, then decide how many keys will sign transactions. With the team of the bitcoin mixer Mixer.Money, we outline the advantages of multisignature and explain how to create a multisig wallet. What singlesig and multisig are Синглсиг — a transaction-signing scheme using a single private key. […]

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ForkLog 17 07.04.2024

Dormant Bitcoin Address Awakens After a Decade, Moves $17 Million

A wallet inactive for over a decade has transferred 246 BTC, valued at $17 million, to two new addresses. This activity was noted by Whale Alert experts. ? ? ? ? ? ? ? ? ? ? A dormant address containing 1,701 #BTC (115,417,623 USD) has just been activated after 10.1 years (worth 1,060,796 USD […]

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ForkLog 18 05.04.2024

Solo Miner Successfully Mines Bitcoin Block

On April 5, a solo miner with a hash rate of 7 PH/s added block #837,814 to the blockchain of the first cryptocurrency. This was reported by CKPool administrator Con Kolivas. This miner has been mining intermittently since the last pool restart and had accumulated about 1/20th of the shares required to solve a block […]

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ForkLog 17 05.04.2024

Bitcoin Resilience, Uniswap’s $2 Trillion Milestone, and Solana’s Ongoing Woes: A Market Overview

Bitcoin shows resilience amid bearish selling, while Solana faces transaction processing difficulties. ForkLog compiles the latest news and expert opinions on the market situation. Bitcoin’s Strength The leading cryptocurrency holds steady at $66,000-$67,000 despite trader pressure. Sellers have failed to trigger a classic bull market correction in this cycle, according to analyst Checkmate. Still my […]

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ForkLog 15 04.04.2024

Franklin Templeton Highlights Ordinals as a Catalyst for Bitcoin Innovation

Experts from Franklin Templeton’s digital assets division have identified Ordinals as a key driver of a “renaissance of activity” in Bitcoin’s development in 2023. The Rise of Bitcoin Ordinals pic.twitter.com/nKLwwlMM4d — Franklin Templeton Digital Assets (@FTI_DA) April 3, 2024 “The positive momentum in innovation is primarily driven by Bitcoin NFTs, known as Ordinals, new fungible […]

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ForkLog 16 03.04.2024

Bitcoin Sales from Silk Road and Ethereum’s Quarterly Earnings: A Crypto Market Analysis

Following a correction, Bitcoin regained some ground, and other digital assets also showed positive trends. The current market is highly sensitive to news, prompting ForkLog to analyze recent events and gather expert opinions on the industry’s state. Sales and Purchases On April 2, a U.S. government-controlled wallet initiated a transfer of approximately 2,000 BTC (~$131 […]

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ForkLog 6 03.04.2024

Bitcoin ETF Trading Volume Reaches $111 Billion in March

March marked a record high for spot Bitcoin ETF trading volumes, nearly tripling from the previous month—from $42 billion to $111 billion. MARCH MADNESS: Bitcoin ETFs traded $111b in March, which is just about triple what they did in Feb and Jan. I added the months where only GBTC was on market for further context. […]

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ForkLog 8 02.04.2024

Experts Observe Redistribution of Dormant Bitcoins

The market has shifted to a mode where spending and profit-taking are the dominant price formation mechanisms. Approximately 1.875 million BTC (9.5% of the total in circulation) changed hands at prices above $60,000. Long-term Bitcoin investors are successfully executing a distribution cycle, realizing profits and activating “dormant” coins to meet new demand, according to Glassnode. […]

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ForkLog 13 01.04.2024

Tether Acquires Additional 8888 BTC, Bitcoin Reserves Reach $5.23 Billion

On March 31, the issuer of USDT, Tether, increased its bitcoin reserves by 8888 BTC ($618 million), bringing the total to 75,354 BTC ($5.23 billion). Source: Blockchain.com. With this latest transaction, the company has moved to the seventh position among the largest holders of digital gold, holding 0.359% of its supply among private and public […]

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