Bitcoin | ForkLog

ForkLog 14 06.07.2022

Coinbase points to parallels in the risk profiles of Bitcoin, oil, and Tesla stock

Digital assets, in terms of price behavior, are closer to oil and gas or to tech and pharmaceutical stocks. Coinbase reached this conclusion.

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ForkLog 18 06.07.2022

‘The Wolf of Wall Street’ says bitcoin is a long-term hedge against inflation

Former American broker Jordan Belfort, known as the ‘Wolf of Wall Street’, urged buying bitcoin for a horizon longer than one to two years as a long-term hedge against inflation.

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ForkLog 11 05.07.2022

Glassnode: Only hodlers remain to guard the market

A record drop in Bitcoin's price in June virtually eliminated the remaining 'market tourists', leaving only hodlers on the front line. Glassnode analysts concluded as much.

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ForkLog 10 04.07.2022

CAR launches Bitcoin-backed digital currency Sango Coin

On 3 July, President Faustin-Archange Touadéra presented the national digital currency Sango Coin.

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ForkLog 17 01.07.2022

El Salvador buys 80 BTC as Bitcoin price slides

On Thursday, June 30, the Salvadoran government purchased an additional 80 BTC for a total of $1.52 million. This was announced by President Nayib Bukele.

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ForkLog 10 30.06.2022

Bitcoin slump costs 82,600 investors their millionaire status

Since November 2021, the number of Bitcoin millionaires has fallen by 75% (82,602) as a result of the negative dynamics of the leading cryptocurrency.

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ForkLog 18 29.06.2022

MicroStrategy buys 480 BTC for $10 million

The analytics-software provider MicroStrategy purchased an additional 480 BTC at an average price of around $20,817. This was announced by the founder and CEO of the company, Michael Saylor.

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ForkLog 11 29.06.2022

Cypherpunk Holdings sells all Bitcoin and Ethereum holdings amid market downturn

The investment firm Cypherpunk Holdings sold all of its Bitcoin and Ethereum assets amid a market downturn.

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ForkLog 14 28.06.2022

SEC chief confirms bitcoin’s status as a commodity

SEC Chair Gary Gensler has confirmed that the regulator regards bitcoin as a commodity. He said as much on CNBC.

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ForkLog 18 27.06.2022

Co-founder of Chinese blockchain platform calls Bitcoin a Ponzi scheme

Unregulated cryptocurrencies, including Bitcoin, are 'the largest Ponzi scheme in human history'. This view was expressed by Red Date Technology CEO and BSN co-founder He Yifan in his article for The People’s Daily.

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ForkLog 10 24.06.2022

Viewpoint: CBDCs threaten stablecoins, not Bitcoin

CBDCs do not necessarily threaten decentralized cryptocurrencies directly; rather, they aim to mitigate risks associated with stablecoins. This was stated by ARK36 CEO Mikkel Morch, as reported by Cointelegraph.

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ForkLog 7 24.06.2022

Coinbase to Launch Nano-Futures on Bitcoin

On June 27, Coinbase will launch nano-futures on the first cryptocurrency. For CFTC approval, the bitcoin exchange will offer trading of the instrument through brokers.

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