Bitcoin | ForkLog

ForkLog 27 30.04.2024

Bitcoin Records First Monthly Loss as Ethereum Falls to $3000

The price of the leading cryptocurrency has shown negative monthly dynamics for the first time since August 2023, decreasing by 12% in April—from $70,000 to $61,000. Monthly BTC/USDT chart on Binance. Data: TradingView. The correction over the past 30 days has been the largest since June 2022, when Bitcoin opened the month at around $31,000 […]

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ForkLog 9 30.04.2024

Alliance Resource Reports Holding 425 BTC

American public energy company Alliance Resource, known for its coal mining operations, has disclosed in its financial report that it holds 425 BTC. This was reported by CoinDesk. The company does not purchase the leading cryptocurrency but mines it using its own equipment and surplus generated energy. The coal giant, with a market capitalization of […]

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ForkLog 91 30.04.2024

Hong Kong Launches Spot Bitcoin and Ethereum ETFs

On April 30, the Hong Kong Stock Exchange (HKEX) officially commenced trading of six spot ETFs based on Bitcoin and Ethereum. The issuers are China Asset Management, Harvest Global, Bosera, and HashKey. The instruments have been assigned the following tickers: Bosera HashKey Bitcoin ETF (3008.HK); Bosera HashKey Ether ETF (3009.HK); ChinaAMC Bitcoin ETF (3042.HK); ChinaAMC […]

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ForkLog 14 29.04.2024

Australia Poised for Bitcoin ETF Approval, Bloomberg Reports

The Australian Securities Exchange (ASX) may commence trading of spot exchange-traded funds (ETFs) based on the leading cryptocurrency by the end of 2024, according to Bloomberg. Applications for these products have been submitted by asset managers VanEck Australia, BetaShares, and DigitalX. Justin Arzadon, head of digital assets at BetaShares, stated that the firm is preparing […]

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ForkLog 27 29.04.2024

Solo Miner Secures Bitcoin Block, Earning $218,500

On April 29, a solo miner with equipment hash rate of 120 PH/s added block #841,286 to the blockchain of the first cryptocurrency. This was reported by CKPool administrator Con Kolivas. Congratulations to miner 365ughTgK9Q7rXXTM7vubqy1awZ2AZJijP for solving the 282nd solo block solved at https://t.co/UWgBvLkDqc with a large ~120PH at the time (12PH average over a […]

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ForkLog 11 26.04.2024

IMF Acknowledges Bitcoin’s Economic Potential

In a new report, the International Monetary Fund (IMF) examined the first cryptocurrency and its impact on global markets. The organization recognized the asset’s ability to positively influence the economy. According to the IMF, digital gold is a “key to autonomy” for many countries in difficult financial situations. The report notes the growing popularity of […]

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ForkLog 52 25.04.2024

Runes Tokens Dominate Bitcoin Transactions

On April 24, tokens on the Runes protocol accounted for 51.5% of daily transactions on the Bitcoin blockchain. Traditional BTC operations comprised 46.9%, according to a dashboard on Dune. Source: Dune. The previous day, these figures reached 81% and 18.8%, respectively. The combined share of Ordinals and BRC-20 did not exceed 2%. The excitement surrounding […]

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ForkLog 15 25.04.2024

Fidelity Reports Surge in Bitcoin Wallets Holding Over $1000

By mid-March, the number of bitcoin wallets containing more than $1000 had surged to a record 10.6 million, doubling since 2023. This was revealed in a report by Fidelity Digital Assets. Dynamics of wallets with balances over $1000. Source: Fidelity. “This may indicate the growing adoption of bitcoin by the ‘average’ person. The metric points […]

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ForkLog 21 25.04.2024

Bitcoin Deemed Scarcer Than Gold, Expert Asserts

For 6,000 years, gold has been considered scarce, but its extraction intensified with the advent of the industrial age. This highlights the uniqueness of Bitcoin, which has undergone its fourth halving, noted analyst and CMCC Crest co-founder Willy Woo. Gold production going to the moon as technology gets better. Gold has had 6000 years of […]

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ForkLog 14 25.04.2024

Iconic ‘Buy Bitcoin’ Sign Fetches 16 BTC at Auction

A notebook bearing the now-iconic phrase ‘Buy Bitcoin’ was sold for 16 BTC (just over $1 million). The auction house Scarce.City, which conducted the sale, announced it as a record-breaking amount for them. And that’s a wrap on one of the most ICONIC pieces of Bitcoin history. ?? Made a little history of our own […]

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ForkLog 23 25.04.2024

Bitwise Executive Predicts Bitcoin at $250,000 by Next Halving

Matt Hougan, Chief Information Officer at Bitwise, has made five predictions leading up to the next Bitcoin halving, scheduled for April 2028. The executive noted the difficulty of maintaining perspective amidst a flood of news. He suggested recalling key events from the past four years: Bitcoin ETFs were approved in several markets, including the US; […]

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ForkLog 17 25.04.2024

Morgan Stanley Considers Promoting Bitcoin ETFs to Clients

Morgan Stanley is contemplating allowing 15,000 of its brokers to recommend investments in spot bitcoin ETFs to clients, according to sources cited by AdvisorHub. Sources indicate that the institution is laying the groundwork for recommendation-based purchases, including risk tolerance requirements, allocation limits, and trading frequency restrictions. The timeline for policy changes remains unspecified. In February, […]

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