Bitcoin | ForkLog

ForkLog 99 09.04.2024

Singlesig or multisig: what should bitcoin holders choose?

How to self-custody bitcoin? First, choose a reliable non-custodial wallet, then decide how many keys will sign transactions. With the team of the bitcoin mixer Mixer.Money, we outline the advantages of multisignature and explain how to create a multisig wallet. What singlesig and multisig are Синглсиг — a transaction-signing scheme using a single private key. […]

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ForkLog 22 07.04.2024

Dormant Bitcoin Address Awakens After a Decade, Moves $17 Million

A wallet inactive for over a decade has transferred 246 BTC, valued at $17 million, to two new addresses. This activity was noted by Whale Alert experts. ? ? ? ? ? ? ? ? ? ? A dormant address containing 1,701 #BTC (115,417,623 USD) has just been activated after 10.1 years (worth 1,060,796 USD […]

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ForkLog 19 05.04.2024

Solo Miner Successfully Mines Bitcoin Block

On April 5, a solo miner with a hash rate of 7 PH/s added block #837,814 to the blockchain of the first cryptocurrency. This was reported by CKPool administrator Con Kolivas. This miner has been mining intermittently since the last pool restart and had accumulated about 1/20th of the shares required to solve a block […]

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ForkLog 28 05.04.2024

Bitcoin Resilience, Uniswap’s $2 Trillion Milestone, and Solana’s Ongoing Woes: A Market Overview

Bitcoin shows resilience amid bearish selling, while Solana faces transaction processing difficulties. ForkLog compiles the latest news and expert opinions on the market situation. Bitcoin’s Strength The leading cryptocurrency holds steady at $66,000-$67,000 despite trader pressure. Sellers have failed to trigger a classic bull market correction in this cycle, according to analyst Checkmate. Still my […]

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ForkLog 22 04.04.2024

Franklin Templeton Highlights Ordinals as a Catalyst for Bitcoin Innovation

Experts from Franklin Templeton’s digital assets division have identified Ordinals as a key driver of a “renaissance of activity” in Bitcoin’s development in 2023. The Rise of Bitcoin Ordinals pic.twitter.com/nKLwwlMM4d — Franklin Templeton Digital Assets (@FTI_DA) April 3, 2024 “The positive momentum in innovation is primarily driven by Bitcoin NFTs, known as Ordinals, new fungible […]

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ForkLog 22 03.04.2024

Bitcoin Sales from Silk Road and Ethereum’s Quarterly Earnings: A Crypto Market Analysis

Following a correction, Bitcoin regained some ground, and other digital assets also showed positive trends. The current market is highly sensitive to news, prompting ForkLog to analyze recent events and gather expert opinions on the industry’s state. Sales and Purchases On April 2, a U.S. government-controlled wallet initiated a transfer of approximately 2,000 BTC (~$131 […]

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ForkLog 7 03.04.2024

Bitcoin ETF Trading Volume Reaches $111 Billion in March

March marked a record high for spot Bitcoin ETF trading volumes, nearly tripling from the previous month—from $42 billion to $111 billion. MARCH MADNESS: Bitcoin ETFs traded $111b in March, which is just about triple what they did in Feb and Jan. I added the months where only GBTC was on market for further context. […]

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ForkLog 11 02.04.2024

Experts Observe Redistribution of Dormant Bitcoins

The market has shifted to a mode where spending and profit-taking are the dominant price formation mechanisms. Approximately 1.875 million BTC (9.5% of the total in circulation) changed hands at prices above $60,000. Long-term Bitcoin investors are successfully executing a distribution cycle, realizing profits and activating “dormant” coins to meet new demand, according to Glassnode. […]

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ForkLog 15 01.04.2024

Tether Acquires Additional 8888 BTC, Bitcoin Reserves Reach $5.23 Billion

On March 31, the issuer of USDT, Tether, increased its bitcoin reserves by 8888 BTC ($618 million), bringing the total to 75,354 BTC ($5.23 billion). Source: Blockchain.com. With this latest transaction, the company has moved to the seventh position among the largest holders of digital gold, holding 0.359% of its supply among private and public […]

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ForkLog 34 30.03.2024

Dormant Bitcoin Address Awakens After 12 Years, Moves $35 Million

A wallet inactive for nearly 12 years has transferred all its 500 BTC, valued at almost $35 million, to several new addresses. This activity was noted by Lookonchain. A wallet that had been dormant for 11.7 years transferred all 500 $BTC($34.78M) to multiple new wallets. This wallet received 500 $BTC($3,786 at the time) on Jul […]

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ForkLog 28 28.03.2024

BlackRock’s Bitcoin Holdings Surpass $17 Billion

The volume of bitcoins acquired by BlackRock’s Shares Bitcoin Trust (IBIT) has increased to 245,951 BTC (~$17.47 billion) after 11 weeks of trading, while Fidelity’s Wise Origin Bitcoin Fund (FBTC) holds 143,720 BTC ($10.21 billion), according to data from BuyBitcoinWorldwide. In third place among competitors, the GBTC — ARK 21Shares Bitcoin ETF (ARKB) — has […]

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ForkLog 13 28.03.2024

Bitcoin Options Open Interest for March Expiry Reaches Record High

The open interest (OI) for bitcoin options expiring on March 29 has surged to an unprecedented $9.5 billion, according to The Block, citing Deribit. Contracts expiring on Friday account for 40% of the total OI, noted representatives of the crypto derivatives platform. Data: Deribit. According to The Block, open interest for bitcoin options expiring in […]

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