👀 Bitcoin is approaching the danger zone
Historically, when the percentage of profitable holders on the network reached 90%, it almost always led to market euphoria
Right now, the volume of coins making their holders profitable is 86.8%
The euphoria, for example, was seen at the last ATH of bitcoin ($109,000) when those who were expensive to buy at $90000 started buying in
Historically, when the percentage of profitable holders on the network reached 90%, it almost always led to market euphoria
Right now, the volume of coins making their holders profitable is 86.8%
The euphoria, for example, was seen at the last ATH of bitcoin ($109,000) when those who were expensive to buy at $90000 started buying in
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⚡️ How much does it cost to mine 1 BTC around the world?
🌍 Big gap in electricity costs! In Ethiopia, mining 1 BTC would cost just $2,000 — but only if they had enough hashpower. Cuba and Sudan follow closely with costs under $4,000.
🇺🇸 Meanwhile, the U.S. — home to the largest share of global mining — sees costs skyrocket to $107,000 per BTC.
📉 That’s why the Bitcoin price likely won’t stay below current levels for long: unprofitable miners will simply shut down their rigs.🧐
⚡️ How much does it cost to mine 1 BTC around the world?
🌍 Big gap in electricity costs! In Ethiopia, mining 1 BTC would cost just $2,000 — but only if they had enough hashpower. Cuba and Sudan follow closely with costs under $4,000.
🇺🇸 Meanwhile, the U.S. — home to the largest share of global mining — sees costs skyrocket to $107,000 per BTC.
📉 That’s why the Bitcoin price likely won’t stay below current levels for long: unprofitable miners will simply shut down their rigs.🧐
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😤 Shares of the company collapsed after the announcement of the TRUMP shield purchase
Freight Technologies announced that it will create a strategic reserve of TRUMP shields and plans to buy $20 million worth of the cryptocurrency.
Investors are not thrilled and started dumping the company's shares after the news was released.
Freight Technologies announced that it will create a strategic reserve of TRUMP shields and plans to buy $20 million worth of the cryptocurrency.
Investors are not thrilled and started dumping the company's shares after the news was released.
🍆6000 BTC went in the trash
In 2011-2012, a drug dealer bought 6,000 BTC and hid the private keys... in a fishing rod case. When he was jailed for 5 years, the landlord threw the stuff away. Along with them - and access to a fortune of more than $500 million.
Another success story. Keep your keys in more secure places.
In 2011-2012, a drug dealer bought 6,000 BTC and hid the private keys... in a fishing rod case. When he was jailed for 5 years, the landlord threw the stuff away. Along with them - and access to a fortune of more than $500 million.
Another success story. Keep your keys in more secure places.
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😁 Trump's family made $320 million on TRUMP shield despite its 87% decline since launch - Chainalysis data.
The Trump family's total capital gains from crypto is $2.9 billion, of which 40% is held in cryptocurrency.
The Trump family's total capital gains from crypto is $2.9 billion, of which 40% is held in cryptocurrency.
💰 Public miners sold off up to 70% of BTC mining in April - the highest since October 2024
🖤With the increasing difficulty of mining and decreasing profitability, even with the price of BTC above $100,000, large mining companies started actively selling off BTC.
🖤Riot and CleanSpark abandoned their HODL strategy and realized most of their mining, while MARA, Cango and BitFuFu kept all of April's volume.
🖤With the increasing difficulty of mining and decreasing profitability, even with the price of BTC above $100,000, large mining companies started actively selling off BTC.
🖤Riot and CleanSpark abandoned their HODL strategy and realized most of their mining, while MARA, Cango and BitFuFu kept all of April's volume.
📈 Bitcoin continues to follow global liquidity
On the chart:
🟥 Global liquidity (M2)
🟧 BTC price (3 months lag)
Every time the economy starts to “turn on the printing press” and inject liquidity - bitcoin reacts by rising.
Now global liquidity is at an all-time high of $109 trillion.
BTC is moving almost tick-by-tick behind this trend. If nothing breaks, bitcoin overcoming $100k may be just the beginning of growth.
On the chart:
🟥 Global liquidity (M2)
🟧 BTC price (3 months lag)
Every time the economy starts to “turn on the printing press” and inject liquidity - bitcoin reacts by rising.
Now global liquidity is at an all-time high of $109 trillion.
BTC is moving almost tick-by-tick behind this trend. If nothing breaks, bitcoin overcoming $100k may be just the beginning of growth.
💵 Asset managers made the largest bet against the dollar since 2008 - by $17 billion.
Institutional investors have taken a record large “short” position against the U.S. dollar. We are talking about a level comparable to the times of the global financial crisis.
Historically, asset managers have often been wrong in their bets against the dollar and the dollar index (DXY) has then moved up, so Twitter traders are vanguishing for a dollar rally.
Institutional investors have taken a record large “short” position against the U.S. dollar. We are talking about a level comparable to the times of the global financial crisis.
Historically, asset managers have often been wrong in their bets against the dollar and the dollar index (DXY) has then moved up, so Twitter traders are vanguishing for a dollar rally.
🐳 Whale sold 120,874 ETH and earned $131 million net profit in 2.5 years
In September 2022, Whale bought 120,874 ETH worth $199.1 million at an average price of $1647 per ether. During the year, it sold in installments at an average price of $2732 per ether, thus recording $131 million in net profit.
In September 2022, Whale bought 120,874 ETH worth $199.1 million at an average price of $1647 per ether. During the year, it sold in installments at an average price of $2732 per ether, thus recording $131 million in net profit.
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🇺🇸 In an hour, Fed chief Jerome Powell's speech will begin, which is likely to be a key reference point for markets - he will give new signals on the Fed's monetary policy and assess economic risks.
Traders and investors will be closely watching the tone of the speech and any indications of future interest rate changes and shrinking of the Central Bank's balance sheet, analysts emphasize.
Traders and investors will be closely watching the tone of the speech and any indications of future interest rate changes and shrinking of the Central Bank's balance sheet, analysts emphasize.
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#Mastercard and #MoonPay announced the launch of a global stablecoin card, enabling cryptocurrency payments at 150 million merchants worldwide.
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