Bitcoin | ForkLog

ForkLog 83 04.07.2025

Solo Miner Strikes Bitcoin Block Amidst Decline of Major Players

On July 4, a solo miner successfully mined block #903,883 on the Bitcoin network, earning a reward of 3.173 BTC ($348,948). Data: mempool.space. The participant used the CKpool platform, mining coins with equipment boasting a hash rate of 2.3 PH/s. CKPool administrator Con Kolivas congratulated the miner, explaining that the odds of such an event […]

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ForkLog 63 04.07.2025

Analyst Predicts Potential End of Bitcoin Bull Market by Autumn

In the current cycle, Bitcoin has only two to three months left for growth if it follows the historical pattern of 2020, according to the analyst known as Rekt Capital. Based on the previous bull rally, the expert forecasts a peak in October—550 days after the halving in the network of the first cryptocurrency. Source: […]

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ForkLog 14 03.07.2025

Bitcoin tests $110,000 as Ethereum and altcoins flash positive signals

On 3 July, bitcoin hit a three-week high, pushing above $110,000. The rebound came amid a global expansion in the money supply (M2), which set a new ATH above $55 trillion. Hourly chart of BTC/USDT on Binance. Data: Tradingview. In comments to The Block, BTC Markets crypto analyst Rachel Lucas linked today’s rally to macro […]

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ForkLog 17 02.07.2025

Corporations Outpace ETFs in Bitcoin Purchases for Third Consecutive Quarter

The price of the leading cryptocurrency remains stable due to demand from public companies. Simultaneously, the SEC is accelerating the approval of crypto-based exchange-traded funds. This was reported by analysts at QCP Capital. For the third consecutive quarter, public companies have surpassed ETFs in the volume of bitcoin purchases. Firms such as ProCap BTC LLC, […]

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ForkLog 59 02.07.2025

Cautious Optimism: 96.7% of Bitcoin Supply in Profit

As of late June, 96.7% of the supply of the leading cryptocurrency was in profit, indicating a high risk of volatility, according to a report by Glassnode. Percentage of Bitcoin supply in profit. Data: Glassnode. Historically, such high levels lead to selling pressure as the potential for profit-taking increases, researchers noted. The current situation reflects […]

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ForkLog 34 02.07.2025

Bitcoin ETFs Experience First Outflow in 15 Days

On July 1, U.S. spot exchange-traded funds based on the leading cryptocurrency recorded an outflow of $342.2 million, breaking a 15-day streak that totaled $4.7 billion. Data: SoSoValue. The most popular instrument, IBIT from BlackRock, showed zero flow after 15 days of positive dynamics totaling $3.8 billion. The leader in outflows was FBTC from Fidelity […]

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ForkLog 25 02.07.2025

Standard Chartered: Bitcoin Halving No Longer Influences Price

Analysts at Standard Chartered forecast a rise in the leading cryptocurrency to $200,000 by the end of 2025, with an interim target of $135,000 in the third quarter. The primary drivers of this growth, according to experts, are inflows into spot ETFs and corporate purchases of Bitcoin. Jeff Kendrick, head of digital asset research, noted […]

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ForkLog 40 02.07.2025

The etherisation of bitcoin: how BTCFi affects user privacy

Over the past year the combined TVL of BTCFi protocols has grown more than sixfold—from $975m to over $6.5bn. According to DeFi Llama, bitcoin has entered the top three DeFi ecosystems by TVL, behind Ethereum and Solana. Protocols such as Babylon are opening new income opportunities for holders of the original cryptocurrency. Yet participation in […]

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ForkLog 73 29.06.2025

Bitcoin Mining Difficulty Drops by 7.48%

On June 29, following the latest recalibration, the mining difficulty of the leading cryptocurrency adjusted by 7.48% to 116.96 T. Data: CloverPool. This marks the second consecutive decline, with the current drop being the most significant in recent years. According to Glassnode, the hash rate (7 DMA) plummeted to 799 EH/s from near-record levels. Data: […]

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ForkLog 45 26.06.2025

A break above $109,000 would confirm bitcoin’s ‘bull flag’. Technicals and market outlook

Technical analysts point to patterns implying bitcoin could top $120,000 as soon as this summer. Experts surveyed by ForkLog described the crypto market’s current state and outlined prospects. A “bull flag” is forming on bitcoin’s chart, pointing to a potential rise to $140,000 and beyond, said CoinDesk technical analyst CoinDesk Omkar Godbole. A “bull flag” […]

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ForkLog 95 26.06.2025

Satoshi-Era Miners Cease Bitcoin Sales

Miners of the first cryptocurrency have increased their reserves by 4000 BTC since April, despite declining revenues. Simultaneously, participants from the “Satoshi era” have shifted to accumulation, according to a report by CryptoQuant. Analysts noted that miners’ daily revenue has fallen to $34 million — the lowest level since April 20, 2025. The reason is […]

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ForkLog 21 25.06.2025

Expert Clarifies Market Impact Differences Between Bitcoin ETFs and Corporate Reserves

Inflows into ETFs based on the leading cryptocurrency continue to affect its price, whereas firms with digital asset reserves exert minimal influence. This was stated by Vetle Lunde, Head of Research at K33. According to the report, the coefficient of determination (R²) between the price of Bitcoin and inflows into spot exchange-traded funds stands at […]

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