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ForkLog 8 08.05.2024

10x Research Highlights Token Unlock Concerns and Ethereum’s Weakness

Large token unlocks could negatively impact the altcoin market, according to 10x Research. Analysts noted Ethereum’s inability to surpass the leading cryptocurrency. The current bullish cycle in the cryptocurrency market may be shorter than previous ones and is unlikely to end with a major altcoin rally, according to analysts at 10x Research. Beware of Token […]

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ForkLog 9 08.05.2024

Experts Assess Impact of EIP-3074 on Ethereum Wallets

EIP-3074 aims to enhance wallet capabilities. Some view it as a significant milestone for Ethereum’s development, while others see security risks. Vitalik Buterin proposed an alternative approach to the solution. In preparation for the Pectra hard fork, Ethereum developers and the community discussed EIP-3074, designed to add new features to crypto wallets. The proposal is […]

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ForkLog 13 08.05.2024

Glassnode Analyzes Bitcoin and Ethereum Divergence Post-Halving

The relatively poorer performance of Ethereum compared to Bitcoin following the halving is attributed to capital rotation, according to a new review by Glassnode. After the fourth historical reduction of miner rewards by half, the price of digital gold experienced an 11% correction, the deepest since the FTX collapse, dropping to a two-month low of […]

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ForkLog 9 07.05.2024

Bitcoin Options Traders Bet on Surge to $100,000

The ratio of bitcoin options positions suggests a rise in the price of digital gold. Macroeconomic factors support an upward trend. Traders’ expectations for Ethereum options have become less optimistic. The ratio of call and put options on bitcoin indicates traders expect a spot price of $70,000-$100,000 by the end of 2024, according to CoinDesk […]

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ForkLog 20 07.05.2024

Anticipating Apple’s AI: Hints and Developments

A Bloomberg journalist speculated that Apple might unveil AI solutions at the event on June 10. Insiders report testing of artificial intelligence features in the Safari browser. The corporation is also developing its own AI chips for data centers. For nearly a year, rumors have swirled about Apple’s launch of AI services, yet the company […]

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ForkLog 9 07.05.2024

SEC Delays Decision on Invesco and Galaxy’s Spot Ethereum ETF

The SEC has postponed its decision on the ETH-ETF from Invesco and Galaxy to July 5. Inflows into U.S. Bitcoin spot ETFs continued for the second consecutive day. Hong Kong’s BTC-ETF recorded its first net outflow. The U.S. Securities and Exchange Commission (SEC) has extended the review period for the proposed spot Ethereum ETF by […]

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ForkLog 6 06.05.2024

Analyst Declares End of Post-Halving ‘Danger Zone’

Rekt Capital believes Bitcoin has reached a local bottom at $57,000 and entered an accumulation phase. The expert also noted the growth of the altcoin sector and a trend reversal for DOGE. Trader and analyst Rekt Capital announced that the leading cryptocurrency has exited the post-halving ‘danger zone’ and entered a phase of re-accumulation. #BTC […]

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ForkLog 50 02.05.2024

Aave Labs Unveils Roadmap for Fourth Protocol Version

Aave V4 introduces a “unified cross-chain liquidity layer.” The new version will feature automated protocol interest rate calculations. Developers propose expanding RWA based on the GHO stablecoin. Aave V4 is slated for release in mid-2025. Aave Labs, associated with the lending platform Aave, has unveiled a roadmap project for the creation of the fourth version […]

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ForkLog 11 01.05.2024

Experts See Potential for Cryptocurrency Market Recovery

The primary factors behind the current decline in cryptocurrency prices are stock market sell-offs and a strong dollar index. However, Bitcoin’s brief dip below $57,000 is seen more as a local correction than the onset of a bear phase, according to experts consulted by ForkLog. This analysis explores whether the market still holds potential for […]

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ForkLog 11 01.05.2024

US Newspapers Sue OpenAI and Microsoft Over Copyright Infringement in AI Training

Eight daily newspapers owned by Alden Global Capital have filed a lawsuit against OpenAI and Microsoft, alleging the unlawful use of their articles to train language models. The tech giants are accused of employing millions of articles to train generative AI products, including ChatGPT and Copilot. The publications claim they did not grant permission, and […]

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ForkLog 6 01.05.2024

Industry Reacts to Changpeng Zhao’s Sentencing

The community and industry participants have reacted strongly to the sentencing of Binance founder Changpeng Zhao (CZ), who is to serve four months in prison. CZ himself expressed gratitude for the “care and support.” I would like to thank everyone for your care and support, be it writing letters, showing support on X, or in […]

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ForkLog 24 30.04.2024

Bitcoin’s Price Floor Predicted Between $60,000 and $66,700

Bitcoin has entered a broad distribution phase after reaching a new ATH above $73,000. According to Glassnode, a price floor is currently forming between $60,000 and $66,700. Experts have concluded that the euphoria following the correction has weakened but is not yet exhausted. The Accumulation Trend Score metric illustrates how investor accumulation patterns relate to […]

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