Opinions | ForkLog

ForkLog 42 12.02.2024

New Zealand’s Central Bank Chief Criticizes ‘Stablecoin’ as an Oxymoron

Adrian Orr, Governor of the Reserve Bank of New Zealand, expressed significant concerns about cryptocurrencies and stablecoins while addressing the parliamentary Finance Committee. According to him, Bitcoin is neither a medium of exchange, a store of value, nor a unit of account, despite attempts by people to use it as such. Orr added that stablecoins […]

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ForkLog 21 09.02.2024

Ripple Predicts Significant Shifts in Cryptocurrency Market Structure

The year 2024 is anticipated to be a period of potential large-scale changes in the cryptocurrency market structure, driven by institutional demand, according to Ripple’s quarterly report. Our latest XRP Markets Report is live — detailing Q4 events in crypto that brought important topics such as compliance and anti-money laundering to the forefront, key regulatory […]

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ForkLog 31 08.02.2024

Experts Identify Cause of Solana’s Recurring Outages

The inability of the network to handle a growing volume of transactions is the reason behind Solana’s recurring outages, according to a team of experts led by journalist Colin Wu. Solana Outages Again After a Year: Review the Historical Outage Records Read more https://t.co/h3OHHvoQLm pic.twitter.com/i2uQbpg1iB — Wu Blockchain (@WuBlockchain) February 7, 2024 On February 6, […]

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ForkLog 60 06.02.2024

Cathie Wood: ETFs Shift Investor Focus from Gold to Bitcoin

Bitcoin is increasingly replacing gold as a capital preservation asset, a trend likely to continue with the advent of exchange-traded funds (ETFs). This was stated by ARK Invest CEO Cathie Wood. To support her claim, Wood presented a chart comparing bitcoin to gold. Data: ARK Invest. According to the ARK Invest CEO, an exchange-traded fund […]

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ForkLog 16 05.02.2024

Bitcoin Faces Potential Correction Risks Post-Halving, Experts Warn

Bitcoin is expected to “test investors’ resolve” with a sell-off following the halving, only to reach a new ATH in the fourth quarter. This forecast was presented by analysts at DecenTrader. Experts attribute these expectations to the “classic behavior” of the leading cryptocurrency in the year when miners’ rewards are halved. They noted that the […]

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ForkLog 11 03.02.2024

Donald Trump Warns of the Dangers of Artificial Intelligence

Former U.S. President Donald Trump, in an interview with FOX Business, emphasized that artificial intelligence can deceive even experts in the field. President Trump On The Dangers Of Ai: «They can change things around and nobody can tell the difference. This is a tremendous problem, in terms of security.” #Maria #Bartiromo #President #Trump pic.twitter.com/3aQRFW2XVU — […]

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ForkLog 20 02.02.2024

JPMorgan Highlights Risks to Industry from Tether’s Dominance

The increasing dominance of Tether poses a negative factor for the stablecoin market and the broader crypto ecosystem, according to analysts at JPMorgan, reports The Block. Data: JPMorgan. “Tether is at risk due to a lack of regulatory compliance and transparency,” the report states. Experts noted the US Congress’s consideration of the Stablecoin Transparency Act […]

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ForkLog 10 01.02.2024

Analyst Predicts Bitcoin Rally Duration Post-Halving

Should historical trends hold true for the upcoming halving, Bitcoin is expected to reach a new ATH between April and October 2025, according to an analyst known as Ali. As we approach the #BitcoinHalving in April 2024, here are four key points to consider: 1⃣Post-halving corrections: After the 2016 and 2020 halvings, #BTC experienced corrections […]

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ForkLog 83 01.02.2024

ARK Invest Analysts Predict Bitcoin Could Reach $2.3 Million

By 2030, Bitcoin could rise to $120,000-$2,300,000. Smart contract platforms could achieve an annual fee level of $450 billion. The convergence of hardware and software could reduce AI training costs by 75% CAGR by 2030. If Bitcoin’s share in global investment portfolios rises to 1%, its price could increase to $120,000, and with an optimal […]

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ForkLog 21 01.02.2024

Russia’s Bitcoin Mining Potential and Regulatory Critique

Cryptocurrency market regulation in Russia is progressing at a sluggish pace, despite the sector’s potential to contribute significantly to the national budget. This was highlighted by participants at the RBC-Crypto forum titled “Mining and Cryptocurrencies: Architecture of Growth.” According to the Industrial Mining Association, large data centers dedicated to cryptocurrency mining could provide liquidity for […]

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ForkLog 77 31.01.2024

Robert Kiyosaki Describes Bitcoin as a Safeguard Against Wealth Theft

Robert Kiyosaki, the author of the bestseller “Rich Dad, Poor Dad” and an entrepreneur, has explained why he invests in the leading cryptocurrency and encourages others to do the same. Why I own Bitcoin. Bitcoin is protection against the theft of our wealth via our money. Fed Chairman Powell, Treasury Secretary Yellin, and Wall Street […]

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ForkLog 64 31.01.2024

Standard Chartered Predicts SEC Approval of Spot Ethereum-ETF in May

The SEC is expected to approve spot Ethereum-ETFs on May 23, by which time the price of the second-largest cryptocurrency by market capitalization could reach $4000, according to a forecast by Standard Chartered, reports The Block. Analysts based their growth target on the situation with Bitcoin following the approval of a spot exchange-traded fund based […]

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