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ForkLog 14 05.02.2024

Bitcoin Advocate Nayib Bukele Re-elected as President of El Salvador

Nayib Bukele has been re-elected as President of El Salvador. The country’s Vice President Felix Ulloa affirmed commitment to the Bitcoin strategy. Experts anticipate an influx of specialists and capital into the country. Bitcoin supporter Nayib Bukele has secured another five-year term as President of El Salvador. He garnered the support of 83% of voters […]

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ForkLog 6 05.02.2024

Bitcoin ETFs by BlackRock and Fidelity Among Top 10 in US for Inflows

In January, Bitcoin exchange-traded funds (ETFs) from BlackRock and Fidelity ranked among the top ten US ETFs by asset inflows, collectively amassing $4.8 billion. Two spot bitcoin ETFs among top 10 of *all* ETF inflows in January… Never thought I’d see the day. via @MorningstarInc pic.twitter.com/o7L5CEu5Ef — Nate Geraci (@NateGeraci) February 3, 2024 According to […]

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ForkLog 49 01.02.2024

ARK Invest Analysts Predict Bitcoin Could Reach $2.3 Million

By 2030, Bitcoin could rise to $120,000-$2,300,000. Smart contract platforms could achieve an annual fee level of $450 billion. The convergence of hardware and software could reduce AI training costs by 75% CAGR by 2030. If Bitcoin’s share in global investment portfolios rises to 1%, its price could increase to $120,000, and with an optimal […]

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ForkLog 31 01.02.2024

FTX to Fully Reimburse Clients but Abandons Relaunch Plans

FTX has promised full reimbursement to clients, though the plan has not satisfied everyone. No investors were found to revive the exchange, nor were there buyers for the platform itself. Liquidators criticized FTX’s business acquisitions. The bankrupt exchange FTX intends to fully settle its obligations to clients, but a platform relaunch is not being considered. […]

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ForkLog 32 31.01.2024

Vitalik Buterin at 30: Reflections and Future Visions for Blockchain

On January 31, Vitalik Buterin published an essay titled “The End of My Childhood” to mark his 30th birthday. The Ethereum co-founder reflected on his journey as a blockchain developer and shared his thoughts on the future of digital assets. Leaving University and Setting Priorities In addition to recalling his trip to a “hacker house” […]

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ForkLog 20 31.01.2024

Marathon CEO Predicts Bitcoin at $125,000 by 2025

By the end of 2025, the leading cryptocurrency could reach a new high of $125,000, with its price fluctuations becoming “more stable.” This was stated by Marathon Digital CEO Fred Thiel in a podcast with Anthony Pompliano. “The only unique thing about bitcoin that stocks don’t have is the limited number of coins,” he added. […]

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ForkLog 6 31.01.2024

Bitcoin’s Resilience Amid GBTC Sell-Off Highlighted by Experts

Net capital flows into spot Bitcoin ETFs have strengthened, despite the supply overhang caused by exits from the GBTC by Grayscale. This conclusion was reached by Glassnode. The Bitcoin market continues to show resilience, recovering from the initial sell-the-news drawdown following ETF approvals. In particular, the market is working through the significant supply overhead created […]

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ForkLog 9 30.01.2024

GBTC Outflows Slow as Google Permits ETF Advertising

GBTC investors continue to take profits, but at reduced volumes. Other issuers are lowering management fees. Google has started allowing bitcoin ETF advertisements. Outflows from the Grayscale Bitcoin Trust ETF (GBTC) have reached $5 billion since its conversion, potentially prompting withdrawals from crypto funds in Europe and Canada, according to a report by CoinShares. ETF […]

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ForkLog 5 29.01.2024

Experts Warn of Risks to the US from Delayed CBDC Development

The slow progress of the United States in the realm of central bank digital currencies (CBDCs) has allowed China, India, and the European Union to take the lead. This conclusion was drawn by analysts at the Atlantic Council. Over the past year, China has intensified its efforts with digital yuan, the ECB has moved to […]

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ForkLog 89 29.01.2024

Finnish Authorities Track Monero-Using Hacker

Finland’s National Bureau of Investigation (KRP) has traced transactions involving the anonymous cryptocurrency Monero (XMR) linked to hacker Julius Kivimäki, according to local media. On January 22, the prosecution presented new evidence indicating illegal transfers leading to Kivimäki’s bank account. Investigators allege that in 2020, the suspect demanded 40 BTC to avoid publishing personal data […]

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ForkLog 36 25.01.2024

Bitcoin Emerges as a Safe Haven for Chinese Investors Amid Economic Turmoil

Reuters confirms the existence of a thriving underground crypto market in China. Investor interest in digital assets is growing amid economic challenges. Hong Kong has become a gateway for Chinese investors to access cryptocurrencies. Amid the challenges facing China’s economy, local investors are seeking opportunities to purchase cryptocurrency as traditional value preservation tools falter, according […]

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ForkLog 52 25.01.2024

SEC Delays Decision on BlackRock’s Spot Ethereum ETF

The SEC has postponed its decision on BlackRock’s spot Ethereum ETF application until March 10. SEC Chair Gary Gensler reminded that the approval of a spot Bitcoin ETF was limited to just one cryptocurrency. Optimistic experts anticipate Ethereum ETF approval in May with a 50-70% probability, while skeptics point to regulatory resistance. SEC has postponed […]

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