Bitcoin | ForkLog

ForkLog 10 17.05.2021

Ten largest mining pools back Taproot upgrade on Bitcoin network

Binance Pool announced support for the Taproot upgrade in the Bitcoin network. According to Taproot Watch, this was the only top-10 pool that did not express a position.

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ForkLog 7 17.05.2021

Asset managers wary of Bitcoin volatility

Asset managers at the company are concerned about Bitcoin's volatility and the prospect of tighter regulation of the cryptocurrency industry.

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ForkLog 16 17.05.2021

Study finds Bitcoin network uses less energy than the banking sector

Annual electricity costs of Bitcoin miners total 113.89 TWh, while gold production reaches 240.61 TWh, and in the banking sector about 263.72 TWh. This is according to a Galaxy Digital report.

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ForkLog 26 17.05.2021

Elon Musk criticises Bitcoin for centralisation and threatens to bet it all on DOGE

The cryptocurrency community lashed out at Elon Musk after his remarks about Bitcoin and the meme cryptocurrency Dogecoin. On May 16, Peter McCormack, host of the Digital Gold podcast, published a thread assessing the impact of the Tesla founder's tweets on the market.

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ForkLog 18 14.05.2021

Square abandons plans to invest further in Bitcoin

Square does not plan to invest further in Bitcoin, said the company's chief financial officer Amrita Ahudja in an interview with Financial News.

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ForkLog 18 14.05.2021

US city allows paying utilities with Bitcoin

The authorities of Williston, North Dakota, announced a partnership with the BitPay payment processor. Under the agreement, residents will be able to pay for utilities using the first cryptocurrency.

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ForkLog 18 14.05.2021

Bitcoin-branded IndyCar car to race in IndyCar for the first time

Ed Carpenter Racing (ECR) team raised funds to participate in another IndyCar race through Bitcoin donations. To this end, the outfit partnered with Strike, a service from the Zap startup.

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ForkLog 19 14.05.2021

PoS coins gain ground after Tesla stops accepting Bitcoin

Proof-of-Stake (PoS) coins have shown better dynamics than the market overall. The move may have been sparked by Tesla's decision to halt sales of electric vehicles paid for in Bitcoin due to concerns about its mining environmental impact.

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ForkLog 18 14.05.2021

Swissquote and PostFinance launch app to buy Bitcoin

The Swiss national postal operator PostFinance and the online bank Swissquote have launched the Yuh app. Its users will be able to invest in Bitcoin, Ethereum and 11 other cryptocurrencies.

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ForkLog 19 14.05.2021

Singapore’s largest bank launches cryptocurrency-based trusts

The DBS Bank private bank division for high-net-worth clients added investment trusts based on Bitcoin, Ethereum, Bitcoin Cash and XRP to its product line. CoinDesk reports.

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ForkLog 15 14.05.2021

Grayscale’s GBTC discount exceeds 20%

On May 13, the Grayscale Bitcoin Trust's (GBTC) trading price fell to 21.23% below net asset value (NAV). The discount has persisted since February 23.

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ForkLog 46 13.05.2021

Tesla halts Bitcoin car sales and roils the market

Tesla said it would suspend sales of electric cars for Bitcoin amid concerns about the environmental footprint of mining. The asset's price fell and the community criticised.

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