Bitcoin | ForkLog

ForkLog 16 09.12.2024

MicroStrategy Acquires 21,550 BTC for $2.1 Billion

MicroStrategy has acquired an additional 21,550 BTC for $2.1 billion, as announced by the company’s founder, Michael Saylor. MicroStrategy has acquired 21,550 BTC for ~$2.1 billion at ~$98,783 per #bitcoin and has achieved BTC Yield of 43.2% QTD and 68.7% YTD. As of 12/8/2024, we hodl 423,650 $BTC acquired for ~$25.6 billion at ~$60,324 per […]

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ForkLog 42 09.12.2024

Russian Finance Ministry Urged to Establish Bitcoin Reserve

Anton Tkachev, a State Duma deputy from the New People faction, has approached Russian Finance Minister Anton Siluanov with a proposal to establish a strategic bitcoin reserve, according to a document cited by TASS. Tkachev argues that traditional currency reserves, including yuan, US dollars, and euros, are subject to volatility, sanctions, and inflation, posing a […]

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ForkLog 11 09.12.2024

Crypto Funds Inflow Reaches Record $3.85 Billion

Between December 1 and 7, cryptocurrency investment funds received $3.85 billion, marking a historic peak. This positive trend has continued for the ninth consecutive week, according to CoinShares. Data: Coinshares. The previous week, the figure stood at $270 million. The inflow since the beginning of the year has reached a record $41.1 billion. The volume […]

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ForkLog 13 09.12.2024

Bitcoin Reserves as a Geopolitical Tool for the US

The pioneering status in establishing a strategic bitcoin reserve could yield significant benefits for the United States. This was articulated by Sam Lyman, Director of Government Relations at Riot Platforms, in a Forbes column. “The United States stands to gain much by being a pioneer. As with any new technology, the greatest benefits accrue to […]

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ForkLog 15 08.12.2024

Justin Sun Reflects on Early Crypto Days: Bitcoin at $1 and Free DOGE

Reflecting on the early days of his career, TRON founder Justin Sun shared insights about the cryptocurrency market in 2012 during a conversation with Mario Nawfal. JUSTIN SUN: “I BOUGHT BITCOIN AT $1 AND WORKED ON THE IDEA OF SMART CONTRACTS” “I got into crypto in 2012, Bitcoin was less than $1. You could even […]

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ForkLog 66 07.12.2024

Michael Saylor Reveals His Bitcoin Investment Strategy

Michael Saylor, founder of MicroStrategy, shared his approach to effective investment in digital gold during an interview with Yahoo Finance, noting that the essence of the strategy is quite simple.

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ForkLog 8 06.12.2024

Altcoins Show Resilience Amid Bitcoin’s Volatility

Altcoins are exhibiting greater stability amidst the sharp volatility of Bitcoin, which has fallen below the $100,000 mark. This conclusion was reached by Bitwise, according to The Block. Experts suggest that this divergence may indicate a decoupling of previous correlations. According to Bitwise, major altcoins are outperforming digital gold in both weekly and monthly metrics. […]

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ForkLog 21 06.12.2024

Former US Treasury Secretary Criticizes National Bitcoin Reserve Proposal

Former US Treasury Secretary Lawrence Summers described President-elect Donald Trump’s plan to create a strategic reserve in bitcoins as “crazy.” “I understand why we need a national oil reserve, why we accumulated gold in Fort Knox a hundred years ago. Of all the values to maintain, why does the government choose to accumulate a barren […]

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ForkLog 19 06.12.2024

Financial Times Columnists Issue ‘Apology’ Following Bitcoin’s Record High

Readers accused the authors of the Financial Times Alphaville column, which focuses on markets and finance, of cynicism and denial of facts following the publication of their controversial apology to the crypto community. Hodlers: an apology https://t.co/aDJdYXuCQD — FT Alphaville (@FTAlphaville) December 5, 2024 From the first paragraph, the journalists revealed their stance on Bitcoin: […]

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ForkLog 8 05.12.2024

Donald Trump Congratulates Crypto Community on Bitcoin Reaching $100,000

Newly elected U.S. President Donald Trump congratulated the crypto community as Bitcoin hit $100,000. “Congratulations to the Bitcoiners! $100,000! Cheers! Together we will make America great again,” he wrote on the social network Truth. Trump has reasons to consider this milestone partly his achievement. He is expected to deregulate and adopt a friendly stance towards […]

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ForkLog 7 05.12.2024

Michael Saylor Predicts Bitcoin to Reach $13 Million

Michael Saylor, the founder of MicroStrategy, has forecasted that Bitcoin will rise to $13 million with a market capitalization of $280 trillion by 2045. Saylor believes that the world’s total wealth is increasing due to innovation and inflation. Money will flow into Bitcoin from other assets, causing it to grow faster than the rest of […]

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ForkLog 17 05.12.2024

Binance Unveils Bitcoin Staking Backed by Babylon

The cryptocurrency exchange Binance announced the launch of its On-chain Yields financial products. This service enables clients to participate in various protocols and earn rewards in the form of tokens, points, and other types directly through their Binance account. On-chain Yields is available to users directly via their Binance account. The exchange manages the integration […]

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