BitcoinHalvingMassiveEvent
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Guys are you ready ?
dont forget to FOLLOW me
#BullorBear #BinanceLaunchpool #BitcoinHalvingMassiveEvent #Write2Earrn
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💰 Don't rush to invest early—wait approximately one hour before diving in. Aim to invest when the price is below $1 for maximum potential gains. 🕒 If it launches below $1, seize the golden opportunity to invest!
🔮 Remember my previous advice on ENA coins—it may have touched $1.29, but it's destined to surpass $2 in the near future. Keep an eye on the market conditions and follow my insights for profitable investments. 💼 If you missed out on profits with ENA and Wormhole coins, don't fret! Another excellent opportunity is knocking at your door. Invest wisely and wait for two hours after launch for assured profits, Insha Allah. 🙏🏽
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"Bitcoin will never work. Bitcoin is going to fail"
It's the same FUD every time.
Except Bitcoin can't fail because it didn't promise us anything to begin with.
The threat is always to people, and the threat is to people themselves.
Bitcoin is just a measuring stick for value.
The same way we measure distance in kilometers and miles. But how do we measure money and value?
There is no way.
People think we can measure in fiat terms but that's an illusion because everything is always fluctuating against everything else in the fiat world.
So you can't tell if something is worth its true value at any given point in time.
It's like hundreds of rubber rulers all stretching at different points trying to measure each other.
We can only measure money in Bitcoin because it's this absolute finite instrument, this 21-million-unit ruler that can measure everything.
It's just a ruler that doesn't move. And it happens to be digital. And then we can have bearer parts of this ruler and therefore we can use it as money.
But all it is a ruler. So it can't fail. You can ban the ruler, but then someone will just have to use a rubber ruler in whatever country they're in.
Because BTC is digital, you can't shut off access to that without shutting off access to the internet since it is just information.
So Bitcoin is an immutable ruler that is in your head. And when it comes to cracking down on it, you can only really crack down on the people.
Ban them, throw them in jail for thinking about the ruler. But dystopia is always gonna be dystopian, so that can always happen.
We've seen country-level attacks (China) on banning Bitcoin mining, but that only hurts the miners in that country, but not the Bitcoin Network.
It benefits the other people that are not getting cracked down on.
Bitcoin is unstoppable. Buy as much of this ruler while the price is still cheap.
#BitcoinHalvingDrama #BitcoinTrends" #BullorBear #BitcoinHalvingMassiveEvent #bitcoin
It's the same FUD every time.
Except Bitcoin can't fail because it didn't promise us anything to begin with.
The threat is always to people, and the threat is to people themselves.
Bitcoin is just a measuring stick for value.
The same way we measure distance in kilometers and miles. But how do we measure money and value?
There is no way.
People think we can measure in fiat terms but that's an illusion because everything is always fluctuating against everything else in the fiat world.
So you can't tell if something is worth its true value at any given point in time.
It's like hundreds of rubber rulers all stretching at different points trying to measure each other.
We can only measure money in Bitcoin because it's this absolute finite instrument, this 21-million-unit ruler that can measure everything.
It's just a ruler that doesn't move. And it happens to be digital. And then we can have bearer parts of this ruler and therefore we can use it as money.
But all it is a ruler. So it can't fail. You can ban the ruler, but then someone will just have to use a rubber ruler in whatever country they're in.
Because BTC is digital, you can't shut off access to that without shutting off access to the internet since it is just information.
So Bitcoin is an immutable ruler that is in your head. And when it comes to cracking down on it, you can only really crack down on the people.
Ban them, throw them in jail for thinking about the ruler. But dystopia is always gonna be dystopian, so that can always happen.
We've seen country-level attacks (China) on banning Bitcoin mining, but that only hurts the miners in that country, but not the Bitcoin Network.
It benefits the other people that are not getting cracked down on.
Bitcoin is unstoppable. Buy as much of this ruler while the price is still cheap.
#BitcoinHalvingDrama #BitcoinTrends" #BullorBear #BitcoinHalvingMassiveEvent #bitcoin
What is Bitcoin halving?
Bitcoin halving is a process in the Bitcoin ecosystem that occurs approximately every four years, or more specifically, every 210,000 blocks. When a halving event happens, the reward that miners receive for verifying transactions and adding new blocks to the Bitcoin blockchain is cut in half. This mechanism was implemented by Bitcoin's creator, Satoshi Nakamoto, to counter inflation. Since the total number of Bitcoins that can ever be mined is capped at 21 million, halving reduces the rate at which new Bitcoins are created, thus slowing down inflation over time. As a result, Bitcoin becomes more scarce, and if demand remains the same or increases, this could potentially increase its value. The last Bitcoin halving occurred in 2020, and the next one is in April 2024, following the pattern of roughly every four years.
#BitcoinHalvingDrama #BitcoinHalvingMassiveEvent #bitcoinhalving $BTC
Bitcoin halving is a process in the Bitcoin ecosystem that occurs approximately every four years, or more specifically, every 210,000 blocks. When a halving event happens, the reward that miners receive for verifying transactions and adding new blocks to the Bitcoin blockchain is cut in half. This mechanism was implemented by Bitcoin's creator, Satoshi Nakamoto, to counter inflation. Since the total number of Bitcoins that can ever be mined is capped at 21 million, halving reduces the rate at which new Bitcoins are created, thus slowing down inflation over time. As a result, Bitcoin becomes more scarce, and if demand remains the same or increases, this could potentially increase its value. The last Bitcoin halving occurred in 2020, and the next one is in April 2024, following the pattern of roughly every four years.
#BitcoinHalvingDrama #BitcoinHalvingMassiveEvent #bitcoinhalving $BTC
What Is Bitcoin Halving and why?
Bitcoin halving is a significant event in the cryptocurrency world where the reward for mining Bitcoin transactions is cut in half. This event occurs approximately every four years, or after every 210,000 blocks have been mined. The purpose of halving is to control the supply of Bitcoin and act as an anti-inflationary measure. It ensures that the total number of bitcoins never exceeds 21 million¹.
Here's why it matters:
- **Supply Control**: Halving reduces the rate at which new bitcoins are created, thus lowering the available amount of new supply.
- **Inflation Prevention**: By decreasing the pace of Bitcoin issuance, halving helps to counteract inflation and maintain Bitcoin's purchasing power.
- **Increased Scarcity**: As the reward for mining decreases, the scarcity of Bitcoin increases, which could potentially lead to an increase in Bitcoin's price if demand remains constant or increases.
The next Bitcoin halving is expected around April 2024, when the block reward will fall from 6.25 BTC to 3.125 BTC². It's a process coded into Bitcoin's protocol by its creator, Satoshi Nakamoto, to create a deflationary economic model. The final halving is projected to occur in 2140, which will mark the release of the last Bitcoin into circulation¹.
#BitcoinHalvingDrama #BitcoinHalvingMassiveEvent #BitcoinTrends" #BTCTo1Million #BTC、
Here's why it matters:
- **Supply Control**: Halving reduces the rate at which new bitcoins are created, thus lowering the available amount of new supply.
- **Inflation Prevention**: By decreasing the pace of Bitcoin issuance, halving helps to counteract inflation and maintain Bitcoin's purchasing power.
- **Increased Scarcity**: As the reward for mining decreases, the scarcity of Bitcoin increases, which could potentially lead to an increase in Bitcoin's price if demand remains constant or increases.
The next Bitcoin halving is expected around April 2024, when the block reward will fall from 6.25 BTC to 3.125 BTC². It's a process coded into Bitcoin's protocol by its creator, Satoshi Nakamoto, to create a deflationary economic model. The final halving is projected to occur in 2140, which will mark the release of the last Bitcoin into circulation¹.
#BitcoinHalvingDrama #BitcoinHalvingMassiveEvent #BitcoinTrends" #BTCTo1Million #BTC、
Read this message then you Start trading.
1.Trading is not a one day game.
2.Don't put your money all in one trade.
3.Use cross margin with stop loss.
4.use 5% funds like if you 100$ use 5$ per trade Daily open 3-5 trade.
5.Don't try to rice in one day.trading is like a business. Slowly slowly grow your account..
6.Money management is more important rather then trading.
7.If you can save your money then you can trade.if you lost your money then you can't trade.
8.Always use low funds. Your loss can recover.
9.save your fund always.
#Advice #tradingGuide #bitcoin #BitcoinHalvingDrama #BitcoinHalvingMassiveEvent $BTC $BNB $SOL
1.Trading is not a one day game.
2.Don't put your money all in one trade.
3.Use cross margin with stop loss.
4.use 5% funds like if you 100$ use 5$ per trade Daily open 3-5 trade.
5.Don't try to rice in one day.trading is like a business. Slowly slowly grow your account..
6.Money management is more important rather then trading.
7.If you can save your money then you can trade.if you lost your money then you can't trade.
8.Always use low funds. Your loss can recover.
9.save your fund always.
#Advice #tradingGuide #bitcoin #BitcoinHalvingDrama #BitcoinHalvingMassiveEvent $BTC $BNB $SOL
#$BTC The market is giving me a headache. Pay attention to the 68500 area.#BitcoinTrends"
#BitcoinHalvingDrama #BitcoinNewAllTimeHigh #BitcoinHalvingMassiveEvent #BitcoinDumping
Follow for more Updates
Thank you
#BitcoinHalvingDrama #BitcoinNewAllTimeHigh #BitcoinHalvingMassiveEvent #BitcoinDumping
Follow for more Updates
Thank you
All you need to know about Bitcoin halving
Bitcoin halving refers to an event in which Bitcoin's block rewards are halved. By design, Bitcoin's block rewards automatically shrink by half around every four years. This means that the Bitcoin rewards that miners receive are halved, thus slowing down the supply. This mechanism aims to curb Bitcoin's inflation and drive up its value.
Introduction
Historical Bitcoin halvings
The halving mechanism was coined by Satoshi Nakamoto in the Bitcoin whitepaper titled "A Peer-to-Peer Electronic Cash System".
He stipulated that Bitcoin would undergo a process known as "halving" approximately every 210,000 blocks. This process continues until the maximum supply of 21 million Bitcoin is reached, which is projected to occur around 2140.
Bitcoin was launched in 2009. Since then, it has gone through three halvings, meaning the block reward has been reduced three times. The first Bitcoin halving took place in November 2012, bringing down the reward from 50 BTC to 25 BTC. The second Bitcoin halving in July 2016 reduced the block reward further to 12.5 BTC. The most recent Bitcoin halving in May 2020 reduced the block reward even further to 6.25 BTC. The halving mechanism is critical to Bitcoin's scarcity and inflation, ensuring that its total supply never exceeds 21 million, in line with its deflationary principle.
The next Bitcoin halving is expected to take place in April 2024, at a block height of 840,000. By then, Bitcoin's block reward will drop to 3.125 BTC.
How does the halving affect the price of Bitcoin?
The implications of Bitcoin halving are usually seen as positive. The basic economic principle of supply and demand explains such implications. Bitcoin halvings reduce the block reward and slow down the supply of new Bitcoin, while demand usually remains constant or even increases. If supply decreases while demand remains constant or increases, then the price increases. The prior three Bitcoin halvings have historically been associated with significant price increases. Bitcoin's price surged by 8450% in 2012 after the first halving, increased by 2900% in 2016 after the second halving, and rose by 560% in 2020 after the third halving. Halvings may boost market confidence as they add to Bitcoin's scarcity. Investors may pour more assets into the Bitcoin market to snap up more Bitcoin, which will drive up the price. Additionally, halvings are likely to attract more media and public attention, further increasing the demand for Bitcoin.
#HalvingHistory $BTC #BitcoinHalvingMassiveEvent
Introduction
Historical Bitcoin halvings
The halving mechanism was coined by Satoshi Nakamoto in the Bitcoin whitepaper titled "A Peer-to-Peer Electronic Cash System".
He stipulated that Bitcoin would undergo a process known as "halving" approximately every 210,000 blocks. This process continues until the maximum supply of 21 million Bitcoin is reached, which is projected to occur around 2140.
Bitcoin was launched in 2009. Since then, it has gone through three halvings, meaning the block reward has been reduced three times. The first Bitcoin halving took place in November 2012, bringing down the reward from 50 BTC to 25 BTC. The second Bitcoin halving in July 2016 reduced the block reward further to 12.5 BTC. The most recent Bitcoin halving in May 2020 reduced the block reward even further to 6.25 BTC. The halving mechanism is critical to Bitcoin's scarcity and inflation, ensuring that its total supply never exceeds 21 million, in line with its deflationary principle.
The next Bitcoin halving is expected to take place in April 2024, at a block height of 840,000. By then, Bitcoin's block reward will drop to 3.125 BTC.
How does the halving affect the price of Bitcoin?
The implications of Bitcoin halving are usually seen as positive. The basic economic principle of supply and demand explains such implications. Bitcoin halvings reduce the block reward and slow down the supply of new Bitcoin, while demand usually remains constant or even increases. If supply decreases while demand remains constant or increases, then the price increases. The prior three Bitcoin halvings have historically been associated with significant price increases. Bitcoin's price surged by 8450% in 2012 after the first halving, increased by 2900% in 2016 after the second halving, and rose by 560% in 2020 after the third halving. Halvings may boost market confidence as they add to Bitcoin's scarcity. Investors may pour more assets into the Bitcoin market to snap up more Bitcoin, which will drive up the price. Additionally, halvings are likely to attract more media and public attention, further increasing the demand for Bitcoin.
#HalvingHistory $BTC #BitcoinHalvingMassiveEvent
Bitcoin getting new tokens called Runes at next halving
Bitcoin is getting a new feature called Runes that will allow people to create special tokens on the Bitcoin network. These tokens, like currencies, can be traded and are expected to be used in games and other applications.
Here's a quick rundown:
What are Runes? Runes is a new system built on Bitcoin that lets people make new tokens. These tokens are similar to things like casino chips or game currency, but they live on the Bitcoin blockchain.Why Runes? The person who created Runes says it will bring more attention and money back to Bitcoin. He also says it's a good way to create new things on Bitcoin without all the complicated stuff.When do Runes launch? Runes launches around the same time as a planned update to Bitcoin called the halving, expected to happen around April 20th.What are some Rune projects? There are already a few things people are planning to do with Runes, like creating games and markets for trading these new tokens.
Overall, Runes is a new tool for developers to build things on Bitcoin. It's still early days, but it could be a big deal for the future of Bitcoin.
#BitcoinHalvingMassiveEvent #Ethereum✅
Here's a quick rundown:
What are Runes? Runes is a new system built on Bitcoin that lets people make new tokens. These tokens are similar to things like casino chips or game currency, but they live on the Bitcoin blockchain.Why Runes? The person who created Runes says it will bring more attention and money back to Bitcoin. He also says it's a good way to create new things on Bitcoin without all the complicated stuff.When do Runes launch? Runes launches around the same time as a planned update to Bitcoin called the halving, expected to happen around April 20th.What are some Rune projects? There are already a few things people are planning to do with Runes, like creating games and markets for trading these new tokens.
Overall, Runes is a new tool for developers to build things on Bitcoin. It's still early days, but it could be a big deal for the future of Bitcoin.
#BitcoinHalvingMassiveEvent #Ethereum✅
#BITCOIN
BTC Is Safe Until It Stays Above This Horizontal Support...
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#BTC、 #BullorBear #BinanceLaunchpool #BitcoinHalvingMassiveEvent #Memecoins
LIVE
Binance Announcement
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Join the #HalvingWithBinance Daily Learning Challenge and Win Community Rewards!
Fellow Binancians,
Binance is thrilled to present the #HalvingwithBinance Community Daily Learning Challenge to mark the upcoming Bitcoin halving. Users can read daily learning materials, engage in community discussions, and stand a chance to share community rewards as we celebrate this key event together!
Activity Period: 2024-04-08 13:00 (UTC) to 2024-04-19 23:59 (UTC)
How to Participate:
Join any of these 10 communities: Binance Discord, Binance English, Binance MENA English, Binance Arabic, Binance Spanish, Binance Argentina, Binance Portuguese, Binance Russian, Binance Kyrgyzstan, and Binance Kazakhstan.Solve the daily quiz and submit your answers through the form shared daily in the community group(s) during the Activity Period.Discuss the daily learning topic in the community group(s) using the #HalvingwithBinance hashtag.
Please note that the daily quizzes and respective forms will only be released in the community groups on weekdays during the Activity Period. For each community, one winner will be chosen per day during the Activity Period to receive a prize of $10 in FDUSD token voucher.
Terms & Conditions:
Only users who complete KYC during the Activity Period will be eligible for any rewards.
To be considered an eligible participant, users must meet all the following requirements during the Activity Period:
Join any of these 10 communities: Binance Discord, Binance English, Binance MENA English, Binance Arabic, Binance Spanish, Binance Argentina, Binance Portuguese, Binance Russian, Binance Kyrgyzstan, and Binance Kazakhstan.Users who solve the daily quiz must submit their answers through the form shared daily in the community group(s) during the Activity Period.Discuss the daily learning topic in the community group(s) using the #HalvingwithBinance hashtag.
Winners are selected based on certain criteria, including but not limited to the accuracy of their quiz answers, time of submission, quality of their community discussions, and more.Users may submit inquiries in the Binance Discord, Binance English, Binance MENA English, Binance Arabic, Binance Spanish, Binance Argentina, Binance Portuguese, Binance Russian, Binance Kyrgyzstan, and Binance Kazakhstan community group(s). Binance reserves the right to revoke the eligibility of a participant if they violate the guideline, such as spam, copy and paste, plagiarism, inappropriate content, or anything that is listed under the respective community guidelines. Violation of community rules may also result in being banned from the community group(s).Rewards DistributionWinners will be announced daily in each participating community group during the Activity Period.Token voucher rewards will be distributed within 28 business days after the Activity ends. Users may claim their voucher rewards via Profile > Rewards Hub. All token voucher rewards will expire within two weeks after distribution. Eligible users should claim their vouchers before the expiration date. Learn how to redeem a voucher.Binance reserves the right to disqualify any participants showing any signs of fraudulent behavior immediately.Binance reserves the right to cancel any reward(s) if it determines in its sole and absolute discretion that such user or winner has breached any applicable terms and conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending these Activities, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-04-08
Binance is thrilled to present the #HalvingwithBinance Community Daily Learning Challenge to mark the upcoming Bitcoin halving. Users can read daily learning materials, engage in community discussions, and stand a chance to share community rewards as we celebrate this key event together!
Activity Period: 2024-04-08 13:00 (UTC) to 2024-04-19 23:59 (UTC)
How to Participate:
Join any of these 10 communities: Binance Discord, Binance English, Binance MENA English, Binance Arabic, Binance Spanish, Binance Argentina, Binance Portuguese, Binance Russian, Binance Kyrgyzstan, and Binance Kazakhstan.Solve the daily quiz and submit your answers through the form shared daily in the community group(s) during the Activity Period.Discuss the daily learning topic in the community group(s) using the #HalvingwithBinance hashtag.
Please note that the daily quizzes and respective forms will only be released in the community groups on weekdays during the Activity Period. For each community, one winner will be chosen per day during the Activity Period to receive a prize of $10 in FDUSD token voucher.
Terms & Conditions:
Only users who complete KYC during the Activity Period will be eligible for any rewards.
To be considered an eligible participant, users must meet all the following requirements during the Activity Period:
Join any of these 10 communities: Binance Discord, Binance English, Binance MENA English, Binance Arabic, Binance Spanish, Binance Argentina, Binance Portuguese, Binance Russian, Binance Kyrgyzstan, and Binance Kazakhstan.Users who solve the daily quiz must submit their answers through the form shared daily in the community group(s) during the Activity Period.Discuss the daily learning topic in the community group(s) using the #HalvingwithBinance hashtag.
Winners are selected based on certain criteria, including but not limited to the accuracy of their quiz answers, time of submission, quality of their community discussions, and more.Users may submit inquiries in the Binance Discord, Binance English, Binance MENA English, Binance Arabic, Binance Spanish, Binance Argentina, Binance Portuguese, Binance Russian, Binance Kyrgyzstan, and Binance Kazakhstan community group(s). Binance reserves the right to revoke the eligibility of a participant if they violate the guideline, such as spam, copy and paste, plagiarism, inappropriate content, or anything that is listed under the respective community guidelines. Violation of community rules may also result in being banned from the community group(s).Rewards DistributionWinners will be announced daily in each participating community group during the Activity Period.Token voucher rewards will be distributed within 28 business days after the Activity ends. Users may claim their voucher rewards via Profile > Rewards Hub. All token voucher rewards will expire within two weeks after distribution. Eligible users should claim their vouchers before the expiration date. Learn how to redeem a voucher.Binance reserves the right to disqualify any participants showing any signs of fraudulent behavior immediately.Binance reserves the right to cancel any reward(s) if it determines in its sole and absolute discretion that such user or winner has breached any applicable terms and conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending these Activities, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-04-08
Filecoin (FIL) Price Signals Fresh Bull Run, Aims for Multi-Year HigH
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Filecoin (FIL), the utility-based altcoin, is signaling the onset of a fresh bull run. After establishing a robust bear market support level around $3 last year, FIL has gained more than 200 percent since October, trading at approximately $9.32 on Friday during the early London session.
With a fully diluted valuation of about $18.4 billion and a daily average trading volume of approximately $253 million, Filecoin has attracted significant investment and integrations in recent months. This growing interest in the decentralized storage platform has led many analysts and investors to believe that FIL’s price will reach a new multi-year high in the coming months.
#BitcoinHalvingMassiveEvent #Ethereum #Cryptocurrency #FILECOIN #FIL $FIL
Chika Moji New Memecoin, Get 100,000 Chika Tokens $100 Free, Join Airdrop Now On WWW.CHIKAMOJI. LOL - ChikaMoji.lol
Filecoin (FIL), the utility-based altcoin, is signaling the onset of a fresh bull run. After establishing a robust bear market support level around $3 last year, FIL has gained more than 200 percent since October, trading at approximately $9.32 on Friday during the early London session.
With a fully diluted valuation of about $18.4 billion and a daily average trading volume of approximately $253 million, Filecoin has attracted significant investment and integrations in recent months. This growing interest in the decentralized storage platform has led many analysts and investors to believe that FIL’s price will reach a new multi-year high in the coming months.
#BitcoinHalvingMassiveEvent #Ethereum #Cryptocurrency #FILECOIN #FIL $FIL
$ENA COMMUNITY LISTEN UP!
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Those of us waiting for ENA to drop to $0.7 and below is like waiting for American Coca-Cola to start using real organic oranges🍊 🍊in the manufacturing of Fanta Orange sodas. Let's just hang our boots because the BULLS have it. This solid coin is never going to drop there anytime soon, or maybe, ever again🥺. Jump into the bandwagon at $1.1 and let's skyrocket together into the future planet of massive GAINS. It's just hit me that those who didn't buy $ETH at a dollar are regretting their past choices. I'm lucky to have gotten the chance to buy ENA @ 56 cents. This might/will go down into the history book of Cryptos in the near future.
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Those of us waiting for ENA to drop to $0.7 and below is like waiting for American Coca-Cola to start using real organic oranges🍊 🍊in the manufacturing of Fanta Orange sodas. Let's just hang our boots because the BULLS have it. This solid coin is never going to drop there anytime soon, or maybe, ever again🥺. Jump into the bandwagon at $1.1 and let's skyrocket together into the future planet of massive GAINS. It's just hit me that those who didn't buy $ETH at a dollar are regretting their past choices. I'm lucky to have gotten the chance to buy ENA @ 56 cents. This might/will go down into the history book of Cryptos in the near future.
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Bitcoin Miner's Earnings Hit Record $2 Billion in March Ahead of Halving Event
In March, bitcoin miners amassed an unprecedented level of revenue not seen in the previous 12 months, hitting a high of $2.01 billion from rewards and transfer fees. Of this total, $85.81 million was earned from transaction fees over the past month.
Historic Month for Bitcoin Miners — Income Peaks at $2 Billion:-
As we edge closer to the halving event, bitcoin (BTC) miners have seen a significant increase in their earnings, both from collected rewards and transfer fees. March set a new benchmark as the month with the highest revenue in the last year.
Moreover, the milestone was also marked as the highest record month for minor income in the network’s lifetime. According to the latest figures, miners raked in $2.01 billion, with $85.81 million of this total coming from transaction fees.
Throughout the past month, the hashprice consistently exceeded the $100 per PH/s daily mark. The term hashprice denotes the anticipated daily value of 1 PH/s of hashing capacity.
Throughout March, bitcoin mining pools successfully mined 4,412 blocks, with Foundry USA leading the charge by uncovering 1,312 of those blocks. This achievement indicates that Foundry was responsible for approximately 29.74% of the network’s total during the month.
Antpool came in second, discovering 989 blocks, which equates to 22.42% of the total blocks mined in March. Hot on the heels of Foundry and Antpool were Viabtc, F2pool, and Binance Pool respectively. As the month draws to a close, data reveals that 54 mining entities actively contribute hashrate to the network.
Currently, the Bitcoin network’s hashrate is maintaining a steady pace at 606 exahash per second (EH/s), with a noticeable increase of 20 EH/s over the last month. Bitcoin’s hashprice, which estimates the daily value of one petahash per second (PH/s) of mining power, consistently stays above the $100 mark throughout the month.
#BTC🔥🔥🔥🔥 #BitcoinHalvingMassiveEvent #BinanceLaunchpool #BullorBear #BinanceLaunchpool
In March, bitcoin miners amassed an unprecedented level of revenue not seen in the previous 12 months, hitting a high of $2.01 billion from rewards and transfer fees. Of this total, $85.81 million was earned from transaction fees over the past month.
Historic Month for Bitcoin Miners — Income Peaks at $2 Billion:-
As we edge closer to the halving event, bitcoin (BTC) miners have seen a significant increase in their earnings, both from collected rewards and transfer fees. March set a new benchmark as the month with the highest revenue in the last year.
Moreover, the milestone was also marked as the highest record month for minor income in the network’s lifetime. According to the latest figures, miners raked in $2.01 billion, with $85.81 million of this total coming from transaction fees.
Throughout the past month, the hashprice consistently exceeded the $100 per PH/s daily mark. The term hashprice denotes the anticipated daily value of 1 PH/s of hashing capacity.
Throughout March, bitcoin mining pools successfully mined 4,412 blocks, with Foundry USA leading the charge by uncovering 1,312 of those blocks. This achievement indicates that Foundry was responsible for approximately 29.74% of the network’s total during the month.
Antpool came in second, discovering 989 blocks, which equates to 22.42% of the total blocks mined in March. Hot on the heels of Foundry and Antpool were Viabtc, F2pool, and Binance Pool respectively. As the month draws to a close, data reveals that 54 mining entities actively contribute hashrate to the network.
Currently, the Bitcoin network’s hashrate is maintaining a steady pace at 606 exahash per second (EH/s), with a noticeable increase of 20 EH/s over the last month. Bitcoin’s hashprice, which estimates the daily value of one petahash per second (PH/s) of mining power, consistently stays above the $100 mark throughout the month.
#BTC🔥🔥🔥🔥 #BitcoinHalvingMassiveEvent #BinanceLaunchpool #BullorBear #BinanceLaunchpool
News $BTC ⚠️⚠️
Bitcoin fell to the $65,500 mark as strong US data supported the view that the Federal Reserve will be slow to cut rates in June," said Edul Patel, CEO of Mudrex. On a similar line, Shivam Thakral, CEO of BuyUcoin, said, "Bitcoin made a pullback of more than 5% and plunged to $66,000. BTC reacted to US manufacturing sector data for March, which rose more than expected. The Bitcoin spot ETF volumes have also dried up compared to the volumes in March. Bitcoin and the crypto market is usually expected to be significantly volatile a few days before the Bitcoin halving.
#Write2Earrn #BitcoinHalvingDrama
#BitcoinHalvingMassiveEvent
Bitcoin fell to the $65,500 mark as strong US data supported the view that the Federal Reserve will be slow to cut rates in June," said Edul Patel, CEO of Mudrex. On a similar line, Shivam Thakral, CEO of BuyUcoin, said, "Bitcoin made a pullback of more than 5% and plunged to $66,000. BTC reacted to US manufacturing sector data for March, which rose more than expected. The Bitcoin spot ETF volumes have also dried up compared to the volumes in March. Bitcoin and the crypto market is usually expected to be significantly volatile a few days before the Bitcoin halving.
#Write2Earrn #BitcoinHalvingDrama
#BitcoinHalvingMassiveEvent
Bitcoin Price May Continue to Fall
Bitcoin has been experiencing a challenging time in the market, as its price is struggling to recover above the $67,000 zone. After an initial drop towards the $64,500 level, Bitcoin (BTC) entered into a consolidation phase and traded as low as $64,572.
The cryptocurrency recently attempted a minor recovery wave by moving above the $66,000 level. In this process, it successfully climbed over the 23.6% Fib retracement level of the downward wave from its swing high of $71,305 to its low of $64,570. This was considered to be a significant move, but unfortunately for BTC holders and investors alike, bears were active near the resistance zone around $66,600.
Due to these bearish activities, Bitcoin now trades below both the significant figure of 67k and also beneath its 100-hourly simple moving average (SMA). The current trading landscape shows that there's also a major bearish trend line forming with resistance close to about $66,400 on the BTC/USD pair’s hourly chart.
We are currently facing immediate resistance at almost similar levels ($66.400), while the first major barrier could be experienced around or near about where earlier active bears were sighted, i.e., at approximately $66.600.
If there happens to be any clear upward movement beyond this mentioned resistance zone, then we may witness a fresh increase in prices that can possibly reach up to the half-way point fib retracement level traced from swing high ($71K+) down to swing low ($64K+), making it potentially rise up to around the nearly $68k mark, specifically speaking somewhere between the range of sixty-seven thousand nine hundred and fifty dollars ($67'950).
However, if somehow bitcoin fails to overcome the aforementioned barriers, then there are chances that it may continue sliding downwards further, wherein immediate support could lie somewhere approximating sixty-five thousand two hundred dollars ($65'200).
On the other hand, if we look out for major supports, the first one to note could be at sixty-four thousand six hundred dollars ($64'600), while the next immediate support is expected somewhere near the 64k mark. If this level also gets breached by any means, then we may see a drop towards $62,500.
In such a scenario where there's more losses incurred than gains made, it might send BTC prices tumbling down further, with the potential of reaching as low as nearly sixty-thousand five hundred dollars ($60'500) in the near future.
Technical indicators suggest that MACD (moving average convergence divergence) is currently gaining pace but is unfortunately in a bearish zone. While the RSI (Relative Strength Index) for the BTC/USD pair seems to have gone below 50, indicating overpowering sellers in the market.
It must be noted, however, that these observations and analyses are purely educational and do not represent the views of NewsBTC on whether to buy, sell, or hold any investments. Investing always comes with inherent risks, and it is advised that individuals conduct their own research before making any kind of investment decision. The information provided here should be used entirely at your own risk.
The cryptocurrency recently attempted a minor recovery wave by moving above the $66,000 level. In this process, it successfully climbed over the 23.6% Fib retracement level of the downward wave from its swing high of $71,305 to its low of $64,570. This was considered to be a significant move, but unfortunately for BTC holders and investors alike, bears were active near the resistance zone around $66,600.
Due to these bearish activities, Bitcoin now trades below both the significant figure of 67k and also beneath its 100-hourly simple moving average (SMA). The current trading landscape shows that there's also a major bearish trend line forming with resistance close to about $66,400 on the BTC/USD pair’s hourly chart.
We are currently facing immediate resistance at almost similar levels ($66.400), while the first major barrier could be experienced around or near about where earlier active bears were sighted, i.e., at approximately $66.600.
If there happens to be any clear upward movement beyond this mentioned resistance zone, then we may witness a fresh increase in prices that can possibly reach up to the half-way point fib retracement level traced from swing high ($71K+) down to swing low ($64K+), making it potentially rise up to around the nearly $68k mark, specifically speaking somewhere between the range of sixty-seven thousand nine hundred and fifty dollars ($67'950).
However, if somehow bitcoin fails to overcome the aforementioned barriers, then there are chances that it may continue sliding downwards further, wherein immediate support could lie somewhere approximating sixty-five thousand two hundred dollars ($65'200).
On the other hand, if we look out for major supports, the first one to note could be at sixty-four thousand six hundred dollars ($64'600), while the next immediate support is expected somewhere near the 64k mark. If this level also gets breached by any means, then we may see a drop towards $62,500.
In such a scenario where there's more losses incurred than gains made, it might send BTC prices tumbling down further, with the potential of reaching as low as nearly sixty-thousand five hundred dollars ($60'500) in the near future.
Technical indicators suggest that MACD (moving average convergence divergence) is currently gaining pace but is unfortunately in a bearish zone. While the RSI (Relative Strength Index) for the BTC/USD pair seems to have gone below 50, indicating overpowering sellers in the market.
It must be noted, however, that these observations and analyses are purely educational and do not represent the views of NewsBTC on whether to buy, sell, or hold any investments. Investing always comes with inherent risks, and it is advised that individuals conduct their own research before making any kind of investment decision. The information provided here should be used entirely at your own risk.
woaahh, this whale wouldnt miss it for the world. They say this bull run will be the greatest ever. 🚀
This will go down in history
#Bullrun #BitcoinHalvingMassiveEvent #Write2Earn #HotTrends $BTC $SOL $ETH
This will go down in history
#Bullrun #BitcoinHalvingMassiveEvent #Write2Earn #HotTrends $BTC $SOL $ETH
LIVE
Crypto Ahmet
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Ανατιμητική
😱😱😱Bitcoin whale appeared after 12 years: What's going on?
According to on-chain data, a Bitcoin whale woke up from its sleep after 12 years and transferred its #BTC assets to new wallets.
The leading cryptocurrency Bitcoin is trading at the level of $ 70,000. After the monthly closing, halving will be the next stop for Bitcoin. Halving will take place in April and halve the block rewards.
While the market activity continues, a #Bitcoin whale has heated up the agenda. The whale woke up from its sleep after 12 years and moved its BTC assets. And what is the reason for the movement of this whale?
The Bitcoin whale has opened its eyes: what could be its purpose?
An interesting transfer process was reflected in the on-chain data. According to data compiled by Lookonchain, a Bitcoin whale made transactions after 12 years. The whale transferred the BTC it had in its possession to multiple new wallets. The purpose of the whale, which woke up years later and carried its assets, became a matter of curiosity.
The whale transferred all of the 500 BTC ($ 34.78 million) in its possession to the new wallets that it created. Whale wallet had purchased 500 BTC for a total of $3,786 on July 14, 2012. The cost of the whale per BTC was at the level of $ 7.57.
The whale, which bought BTC at $ 7.57 and has been holding it motionless for 12 years, revived during the most active period of the market. The crypto market's focus on halving may have influenced the whale. As it is known, BTC reached an all-time high before halving and formed correction expectations. Despite these expectations, BTC, which is trading at the $ 70,000 level, is entering the April halving strongly.
According to The Block, another transfer transaction took place last week. Last weekend, the fifth largest Bitcoin address transferred $6 billion worth of BTC to three new wallets.
The activity brought to mind the idea that there may be volatility in BTC.
#binance #whale
According to on-chain data, a Bitcoin whale woke up from its sleep after 12 years and transferred its #BTC assets to new wallets.
The leading cryptocurrency Bitcoin is trading at the level of $ 70,000. After the monthly closing, halving will be the next stop for Bitcoin. Halving will take place in April and halve the block rewards.
While the market activity continues, a #Bitcoin whale has heated up the agenda. The whale woke up from its sleep after 12 years and moved its BTC assets. And what is the reason for the movement of this whale?
The Bitcoin whale has opened its eyes: what could be its purpose?
An interesting transfer process was reflected in the on-chain data. According to data compiled by Lookonchain, a Bitcoin whale made transactions after 12 years. The whale transferred the BTC it had in its possession to multiple new wallets. The purpose of the whale, which woke up years later and carried its assets, became a matter of curiosity.
The whale transferred all of the 500 BTC ($ 34.78 million) in its possession to the new wallets that it created. Whale wallet had purchased 500 BTC for a total of $3,786 on July 14, 2012. The cost of the whale per BTC was at the level of $ 7.57.
The whale, which bought BTC at $ 7.57 and has been holding it motionless for 12 years, revived during the most active period of the market. The crypto market's focus on halving may have influenced the whale. As it is known, BTC reached an all-time high before halving and formed correction expectations. Despite these expectations, BTC, which is trading at the $ 70,000 level, is entering the April halving strongly.
According to The Block, another transfer transaction took place last week. Last weekend, the fifth largest Bitcoin address transferred $6 billion worth of BTC to three new wallets.
The activity brought to mind the idea that there may be volatility in BTC.
#binance #whale
Huge hit on Bitcoin
On Apr 02, 2024, 18:51 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 66,000 USDT benchmark and is now trading at 66,000.117188 USDT, with a 4.19% decrease in 24 hours.
$BTC #Trend #TrendingAssets #BitcoinHalvingMassiveEvent
On Apr 02, 2024, 18:51 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 66,000 USDT benchmark and is now trading at 66,000.117188 USDT, with a 4.19% decrease in 24 hours.
$BTC #Trend #TrendingAssets #BitcoinHalvingMassiveEvent
