Bitcoin | ForkLog

ForkLog 13 06.10.2022

Mike Novogratz: Bitcoin set to rise as Fed policy eases

Bitcoin is set to rise if the Fed abandons its aggressive rate hikes to curb inflation. This was stated by Galaxy Digital head Mike Novogratz.

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ForkLog 11 04.10.2022

McDonalde2a6 Begin?

McDonalde2a6 fast-food chain has begun accepting Bitcoin payments in the Swiss city of Lugano.

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ForkLog 126 04.10.2022

Lightning Network: faster, cheaper bitcoin transactions

How does bitcoin’s Lightning Network (LN) work? Why are LN transfers so cheap and fast? What are the drawbacks? Explained in cards.

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ForkLog 42 03.10.2022

Rumours of possible Credit Suisse bankruptcy unsettled the market

Credit default swaps (CDS) on the debt of one of Europe’s largest investment banks, Credit Suisse, jumped to levels not seen since the 2008 financial crisis. Such elevated readings imply a 23% probability of its collapse within the next five years.

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ForkLog 8 30.09.2022

Scientists call Bitcoin ‘digital oil’ because of its climate impact

In terms of climate damage, Bitcoin acts more like 'digital oil' than 'digital gold', according to researchers at the University of New Mexico.

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ForkLog 13 29.09.2022

CFTC chief foresees Bitcoin price rise as oversight takes hold

Regulation of the digital-asset market under the leadership of the CFTC could bring significant benefits, including a potential rise in the price of the leading cryptocurrency. This was stated by the agency's head Rostin Benham, according to CoinDesk.

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ForkLog 17 27.09.2022

Study finds Bitcoin mining accounts for 0.1% of global CO2 emissions.

Since the inception of the Bitcoin network and up to 21 September 2022, Bitcoin miners produced 199.65 million tonnes of CO2e.

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ForkLog 8 27.09.2022

Analysts point to continuation of Bitcoin’s detox phase

Bitcoin rose past the $20,000 psychological level. Hodlers remain resilient, underpinning a full market detox cycle, Glassnode analysts say.

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ForkLog 7 26.09.2022

Analysts report outflows from bearish Bitcoin funds

From the structures that allow shorting the first cryptocurrency, withdrawals of $5.1 million were recorded from September 17 to 23. Previously inflows had been recorded for seven consecutive weeks, bringing their AUM to a record $172 million, CoinShares analysts say.

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ForkLog 11 26.09.2022

Grayscale’s GBTC discount to NAV hits a record 35%

On September 23, the GBTC discount to NAV reached 35.18% according to data from yCharts.

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ForkLog 16 24.09.2022

Michael Saylor sees Bitcoin hitting a new all-time high within four years

Michael Saylor, founder of MicroStrategy, forecast that the price of digital gold would rise above the all-time high of $69,000 set in November 2021.

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ForkLog 140 23.09.2022

Bitcoin, explained: what it is and how it works

What is Bitcoin’s main innovation? Who created it and who maintains it today? How has its price changed over the years? A primer on the first cryptocurrency in cards.

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