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ForkLog 22 07.04.2021

China’s bitcoin farms set to surpass the Philippines in greenhouse-gas emissions by 2024

Chinese mining farms will, within three years, consume more than 296.59 TWh of electricity and surpass the Philippines in greenhouse-gas emissions.

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ForkLog 5 31.03.2021

Survey: 77% of Binance users believe cryptocurrencies are essential for economic development

The cryptocurrency exchange Binance released ForkLog's results of a survey of users from Russia and the CIS. A majority (83%) of respondents are confident that digital assets will secure a firm place in the global financial system within the next decade.

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ForkLog 9 24.03.2021

Replacing cash: Binance assesses the economic impact of creating a digital ruble

The digital ruble marks a step toward the evolution of Russia's wholesale and retail payment systems, but the potential benefits depend on the final format of the asset's implementation, according to Binance and Mindsmith.

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ForkLog 19 22.03.2021

BIS urges cooperation on CBDCs

Using CBDCs within a single system could address some of the problems associated with cross-border payments. This is stated in a BIS report.

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ForkLog 15 18.03.2021

Bank of America: Bitcoin’s only value is its price rise

Bitcoin is useless as a store of value or a payment instrument. The only reason to own the first cryptocurrency is its rising price, Cointelegraph reports citing Bank of America analysts' report.

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ForkLog 9 16.03.2021

Survey: Americans channel $38 billion of government stimulus into Bitcoin or stocks

Recipients of stimulus payments in the United States could direct $38 billion toward buying Bitcoin and stocks. Yahoo Finance reports, citing a survey by the Japanese investment bank Mizuho.

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ForkLog 13 12.03.2021

Survey finds 85% of institutional Bitcoin holders plan to boost crypto investments

A survey by the Nickel Digital crypto fund showed that 40% of institutional investors and asset managers who hold cryptocurrencies bought Bitcoin to hedge against inflation. Decrypt reports.

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ForkLog 13 10.03.2021

Poll: Retail investors trust Cardano more than Bitcoin

In a Voyager poll of U.S. residents, nearly a third of respondents were more optimistic about the altcoin Cardano than about digital gold.

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ForkLog 17 09.03.2021

Analyst Larry Cermak of The Block Draws Parallels Between the Current Crypto Market and 2017

The Block analyst Larry Cermak, in comments and charts, reflected the evolution of the crypto industry after the end of the previous rally in late 2017 – early 2018.

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ForkLog 28 05.03.2021

Survey: 22% of Goldman Sachs clients expect Bitcoin price to rise above $100,000 within a year

Global investment bank Goldman Sachs surveyed its clients about cryptocurrencies. 76% of respondents are confident that Bitcoin's price will stay above $40,000 in the coming year. The Block reports.

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ForkLog 18 01.03.2021

RBI weighs the pros and cons of a CBDC

The launch of a national digital currency (CBDC) could broaden access to financial services, but may undermine the role of lending institutions. This is according to a new RBI study.

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ForkLog 7 25.02.2021

Study finds cryptocurrency users exceed 100 million

In January 2021, the number of cryptocurrency users reached 106 million, according to a Crypto.com report. Analysts studied data from 24 Bitcoin exchanges. In January, new users rose by 15.7%, while the prior three months saw growth of 0.8-1.3%.

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