Bitcoin | ForkLog

ForkLog 40 30.08.2021

Billionaire John Paulson calls cryptocurrencies a bubble

John Paulson, famed for his successful bet against the mortgage-backed securities market in 2007, told Bloomberg in an interview that cryptocurrencies are a bubble that will become worthless.

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ForkLog 8 30.08.2021

Canadian firm to plant trees to offset carbon footprint of Bitcoin ETF

Accelerate Financial Technologies has pledged to plant 3,450 trees for every CAD 1 million ($790,000) invested in its carbon-negative Bitcoin ETF. This will reduce CO2 emissions by 1,000 tonnes, Bloomberg reports.

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ForkLog 13 28.08.2021

Bill Miller’s Miller Opportunity Trust reveals a $45m stake in Grayscale Bitcoin Trust

The Miller Opportunity Trust, the vehicle of billionaire Bill Miller, owns 1.5 million shares of the Grayscale Bitcoin Trust (GBTC), valued at $44.7 million as of June 30.

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ForkLog 33 28.08.2021

Jack Dorsey to spearhead development of a decentralized Bitcoin exchange

Twitter head Jack Dorsey spoke about work on the open TBD platform to create a decentralized Bitcoin exchange (DEX) built on his Square payments company.

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ForkLog 9 27.08.2021

Early Uber investor backs Ethereum

Bill Gurley, known for his work at Benchmark and for his Uber investments, said he has added Ethereum to his personal portfolio.

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ForkLog 13 26.08.2021

Morgan Stanley increases stake in Grayscale Bitcoin Trust

One of the largest US banks, Morgan Stanley, opened a position in the Grayscale Bitcoin Trust (GBTC) across various funds available to its clients.

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ForkLog 16 24.08.2021

Bloomberg Analysts Forecast SEC Approval of Bitcoin ETF by End-October

Bloomberg analysts predicted that the U.S. Securities and Exchange Commission (SEC) would approve the Bitcoin ETF application by the end of October.

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ForkLog 22 24.08.2021

MicroStrategy buys an additional $177m worth of bitcoin

On August 24, the Nasdaq-listed company MicroStrategy purchased an additional 3,907 BTC for about $177 million. The bitcoin held by the analytics software provider reached 108,992 BTC.

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ForkLog 14 24.08.2021

Riot Blockchain boosted bitcoin production by about 38% in Q2

The Nasdaq-listed mining company Riot Blockchain, for the April–June period, posted a record net income of $19.3 million. During the period it mined 675 BTC, up from 491 BTC in January–March.

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ForkLog 13 24.08.2021

Glassnode: Bitcoin on-chain activity remains at historically low level

On August 23, Bitcoin prices rose for the first time since May to surpass the $50,000 mark. However, on-chain transaction activity (adjusted for entities) in the Bitcoin network remains at historically low levels — about 175,000 to 200,000 transactions per day, Glassnode said in its report.

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ForkLog 31 24.08.2021

El Salvador to install 200 ATMs with Bitcoin conversion option

By September 7, Bitcoin operations will be available at 200 ATMs and 50 bank branches in El Salvador. The country has begun preparing the infrastructure for the entry into force of the law recognizing Bitcoin as legal tender.

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ForkLog 15 23.08.2021

Substack begins accepting Bitcoin payments via Lightning Network

The Substack online service, which allows creating newsletters and charging for access to them, added support for Bitcoin-based Lightning payments. This is stated in the platform's statement.

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