Bitcoin | ForkLog

ForkLog 15 04.07.2024

Bitcoin’s Decline Dampens Market Sentiment

As digital gold fell below $57,000, the cryptocurrency fear and greed index dropped to 44 points, confirming bearish market sentiment. #crypto market sentiment has turned into fear! pic.twitter.com/HdRK0j52E8 — Ali (@ali_charts) July 4, 2024 At the time of writing, the leading cryptocurrency is trading at $57,800, having fallen 5.5% over the week. 15-minute BTC/USDT chart […]

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ForkLog 9 04.07.2024

Dormant Bitcoin Wallet Awakens, Moves 119 BTC After 12 Years

A Bitcoin wallet inactive since February 2012 has transferred 119 BTC ($6.8 million) in two transactions to a new address, as noted by Whale Alert. ? A dormant address containing 119 #BTC (6,992,389 USD) has just been activated after 12.4 years (worth 599 USD in 2012)!https://t.co/yk2qe3UUQ0 — Whale Alert (@whale_alert) July 4, 2024 Initially, the […]

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ForkLog 11 04.07.2024

German Authorities Transfer 1300 BTC to Major Exchanges

On July 4, a Bitcoin wallet associated with Germany’s Federal Criminal Police Office (BKA) transferred 1300 BTC (~$75.5 million) to centralized exchanges, according to data from Arkham. Data: Arkham. Of the total amount, German authorities sent 400 BTC each to Coinbase and Kraken, and 500 BTC to Bitstamp. An additional transfer of 1700 BTC was […]

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ForkLog 7 03.07.2024

Dormant 33.99 BTC from Satoshi Era Resurfaces

On July 2, 33.99 BTC, inactive since June 2011, were moved. The unknown owner distributed assets worth over $2.1 million between two addresses. ? A dormant address containing 33 #BTC (2,142,474 USD) has just been activated after 13.0 years!https://t.co/3W6CV0avC8 — Whale Alert (@whale_alert) July 2, 2024 The transfers amounted to 30.66 BTC and 3.33 BTC […]

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ForkLog 12 03.07.2024

River: Major US Hedge Funds Embrace Bitcoin ETFs

By the end of the first quarter of 2024, 13 of the 25 largest hedge funds in the United States held bitcoin-based products, according to data from River. The study reveals that 534 organizations, ranging from hedge funds to pension and insurance companies with assets exceeding $1 billion, have invested part of their funds in […]

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ForkLog 6 02.07.2024

German Authorities Transfer 282.74 BTC to Major Exchanges

On June 2, Germany’s Federal Criminal Police Office (BKA) transferred 282.74 BTC (approximately $17.6 million) to Coinbase, Bitstamp, and Kraken. The transaction was observed on Arkham. Three hours later, the administrators moved an additional 361.8 BTC (around $22.65 million) to the address of market maker Flow Traders. Over the past month, coins worth approximately $193 […]

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ForkLog 76 02.07.2024

Arthur Hayes Declares Bitcoin a More Reliable Safe Haven than Gold

Former BitMEX CEO Arthur Hayes believes the world is on the brink of a new “mega-local inflationary cycle.” In such conditions, investors should consider shifting from stocks and bonds to gold. Bitcoin surpasses precious metals due to the absence of national control. Investing in cryptocurrencies is “the best way to preserve wealth.” In this regard, […]

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ForkLog 47 28.06.2024

Peter Thiel Reaffirms Commitment to Bitcoin

PayPal co-founder Peter Thiel confirmed on CNBC that he holds the leading cryptocurrency, though he expressed doubts about a significant price increase for the asset. “I still have some [bitcoins]. I didn’t buy as much as I should have,” he noted. However, Thiel is not sure “that it will continue to rise so sharply.” At […]

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ForkLog 5 28.06.2024

Bearish Sentiments Hint at Bitcoin’s Potential Bottom

The level of bullish sentiment on X, Reddit, Telegram, 4Chan, and BitcoinTalk has significantly declined, with traders losing confidence in the markets, which could be seen as a factor indicating a local bottom, according to Santiment. ? The level of bullish calls across X, Reddit, Telegram, 4Chan, and BitcoinTalk has dropped significantly as traders have […]

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ForkLog 10 27.06.2024

Bearish Sentiment Dominates Bitcoin Options, Analysts Observe

Implied volatility for short-term bitcoin options on the CME has risen over the past month as traders anticipate local price shifts. This is reported by The Block, citing analysts from CF Benchmarks. According to researchers, at the end of May, the measure was roughly equal for put and call positions. However, following a 14% correction […]

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ForkLog 20 27.06.2024

Mayer Multiple Indicator Suggests Possible Bitcoin Price Floor

The leading cryptocurrency has facilitated a “healthy reset” of bullish sentiment as the Mayer Multiple indicator reached an eight-month low, according to analyst On-Chain Collage. The Bitcoin Mayer Multiple is now at a level not seen since October 2023, despite price at $60.9K now vs. $29.9K back in October. A healthy reset of sentiment to […]

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ForkLog 11 27.06.2024

US Government Transfers $240 Million in Bitcoin

On June 26, a cryptocurrency wallet associated with the US government transferred 3,940 BTC (approximately $240 million) to the exchange Coinbase Prime, according to analysts at Arkham Intelligence. Update: US Government Sends $240M BTC to Coinbase Prime The US Government just moved 3,940 BTC ($240M) to Coinbase Prime. This BTC was originally seized from narcotics […]

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