We just observed the 2nd largest negative #Bitcoin mining difficulty adjustment in history: -16%
It topped the -15.9% change in March this year.
The only other time difficulty saw a larger downwards adjustment (-18%) was over 9 years ago, in Oct 2011.
Even though this sounds scary at first, this can be interpreted the other way:
“The network security is back to the levels it was in August 2020”
In my opinion, nothing that should scare you.
It topped the -15.9% change in March this year.
The only other time difficulty saw a larger downwards adjustment (-18%) was over 9 years ago, in Oct 2011.
Even though this sounds scary at first, this can be interpreted the other way:
“The network security is back to the levels it was in August 2020”
In my opinion, nothing that should scare you.
The number of #Bitcoin addresses holding at least one Bitcoin has reached an all-time high, according to data from metrics and analytics site #Glassnode.
As of today, there are 824,193 Bitcoin addresses holding at least one Bitcoin, the equivalent to $14,096. This surpasses the previous all-time high of 824,160, observed on September 17.
The number of addresses holding at least one Bitcoin has been steadily climbing ever since Bitcoin’s inception in 2008—even though the price of Bitcoin has vastly increased since then.
Keep hodling 💪
As of today, there are 824,193 Bitcoin addresses holding at least one Bitcoin, the equivalent to $14,096. This surpasses the previous all-time high of 824,160, observed on September 17.
The number of addresses holding at least one Bitcoin has been steadily climbing ever since Bitcoin’s inception in 2008—even though the price of Bitcoin has vastly increased since then.
Keep hodling 💪
There are random alts that can make a short term profit and we should take advantage of those opportunities but when it comes to the long term, Bitcoin is still way ahead of others.
Personal opinions may make you think better but numbers never lie!
#Bitcoin 🚀
Personal opinions may make you think better but numbers never lie!
#Bitcoin 🚀
#Bitcoin miners are currently earning $1,000,000 per hour.
This is an increase of 185% since the halving.
The last time miner revenue was this high, was in July 2019. Note that block rewards were twice as high than today.
This is an increase of 185% since the halving.
The last time miner revenue was this high, was in July 2019. Note that block rewards were twice as high than today.
Grayscale added 18X the daily #Bitcoin mined yesterday. They added 16,000 BTC worth half a billion dollars, their single largest one day increase ever.
Don’t look at what they’re saying, look at what they’re doing.
If this is not bullish news for Bitcoin, I don’t know what it is!
Keep on stacking sats because if you don’t, others will for sure!
Don’t look at what they’re saying, look at what they’re doing.
If this is not bullish news for Bitcoin, I don’t know what it is!
Keep on stacking sats because if you don’t, others will for sure!
Grayscale adds 995 #Bitcoin over the past 24 hours, worth $31.5 million. Their total Bitcoin AUM is currently $21.13B.
S&P Global, who maintain the S&P 500, believe #Bitcoin and crypto are “here to stay.”
“The recent enthusiasm for Bitcoin is reminiscent of the Gold Rush in the western U.S. from 1848-1860 … U.S. enthusiasm for gold exploded over this time period.” https://www.spglobal.com/en/research-insights/featured/current-conditions-for-crypto
“The recent enthusiasm for Bitcoin is reminiscent of the Gold Rush in the western U.S. from 1848-1860 … U.S. enthusiasm for gold exploded over this time period.” https://www.spglobal.com/en/research-insights/featured/current-conditions-for-crypto
$57 million #Bitcoin short positions were liquidated on Binance within 10 minutes after $BTC surged $4,000.
#Bitcoin is undergoing a supply-crisis
Since the start of the year, 211 new Bitcoin whale addresses with 1,000 BTC or more were created. However, Bitcoin supply on exchanges is at its lowest level in almost 2.5 years.
Since the start of the year, 211 new Bitcoin whale addresses with 1,000 BTC or more were created. However, Bitcoin supply on exchanges is at its lowest level in almost 2.5 years.
ATH: There are now more 94,000 #Bitcoin addresses holding at least $1 million worth of $BTC.
The steep increase in mid December marks the point when BTC crossed $20,000 – making all early miner addresses (50 BTC rewards) millionaire addresses.
The steep increase in mid December marks the point when BTC crossed $20,000 – making all early miner addresses (50 BTC rewards) millionaire addresses.
Visa is developing a #Bitcoin API to allow bank customers to buy/sell and custody #Bitcoin through their bank’s app - Visa CEO says 🔥🚀
https://www.coindesk.com/visa-anchorage-crypto-apis-pilot-for-banks
https://www.coindesk.com/visa-anchorage-crypto-apis-pilot-for-banks
Long-Term Holder MVRV at 20+ has been a good indicator of #Bitcoin market tops in previous cycles.
Currently at 10, it indicates room for more upwards movement.
$BTC was trading at ~$4,500 at these levels in 2017 – and made another 4.4x to the peak.
Currently at 10, it indicates room for more upwards movement.
$BTC was trading at ~$4,500 at these levels in 2017 – and made another 4.4x to the peak.
67% of all energy produced is lost. #bitcoin mining primarily uses this waste energy. Energy concerns about bitcoin mining are mostly plain wrong.
The 20th richest person in the world is now anonymous.
Satoshi Nakamoto, the creator of #Bitcoin, may have up to $60 billion of the coin. With the recent price increase, they have now surpassed Mike Bloomberg's net worth.
Satoshi Nakamoto, the creator of #Bitcoin, may have up to $60 billion of the coin. With the recent price increase, they have now surpassed Mike Bloomberg's net worth.
After the $804 million (14,608 BTC) outflow from Coinbase a few hours ago, the total amount of #Bitcoin held on exchanges has reached a new low
TIME Magazine says it's time to get some #Bitcoin!
The popular New-York based magazine is partnering with Grayscale to produce content about the crypto space. The publication has agreed to get paid in BTC and intends to hold it on their balance sheet.
The popular New-York based magazine is partnering with Grayscale to produce content about the crypto space. The publication has agreed to get paid in BTC and intends to hold it on their balance sheet.
There is rumour Facebook will annouce they hold #Bitcoin on their books when they release their quarterly results after trading closes tomorrow 🔥
Central Bank of India making it clear that #Bitcoin and exchanges are not banned
The #Bitcoin inflation rate briefly fell to 0.71% on 27-June, the lowest level in history.
Blocks will be mined slower when large volumes of hash-power come off the network, and prior to the difficulty adjusting down (estimated to be -27.6% on 3-July).
We building the basis for the next phase of the uptrend 🔥
Blocks will be mined slower when large volumes of hash-power come off the network, and prior to the difficulty adjusting down (estimated to be -27.6% on 3-July).
We building the basis for the next phase of the uptrend 🔥