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10xResearch
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Why is this #altcoin up +16% in just 3 days? https://mail.10xresearch.co/p/bgb-token-16-just-3-days-closing-bgb-trading-signal #Bitget #BGB #AltcoinGains #AltCoinSeason

Why is this #altcoin up +16% in just 3 days? https://mail.10xresearch.co/p/bgb-token-16-just-3-days-closing-bgb-trading-signal

#Bitget #BGB #AltcoinGains #AltCoinSeason

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#Bitcoin Mining Wars, Time to Buy The Miners? ๐Ÿ‘‡1-11) The Bitcoin network appears to be doing much better than initially feared after mining rewards were cut in half on April 20. The Bitcoin halving coincided with the launch of #Runes, which allows users to mint tokens on top of the Bitcoin network, generally meme-coins. ๐Ÿ‘‡2-11) This temporarily raised Bitcoin transaction fees after the halving, as Runes generated over $135m in fees in the first week after the halving. Not only did Bitcoin miners benefit from those extra fees, but it also increased the difficulty of Bitcoin mining, which only started to decline in early May. ๐Ÿ‘‡3-11) A higher difficulty signals that competition is fierce and winning mining rewards has become more complex. At the same time, daily miners' revenue dropped from $70m to just $30m. Expectations were that the hash rate would see a significant setback as inefficient miners would be forced to switch off machines. ๐Ÿ‘‡4-11) Bitcoin minersโ€™ revenue has marginally increased to $35m, which still signals a small distress signal to investors. Share prices of Bitcoin miners were expected to decline, as they did. But now something interesting is happening โ€“ as we explain below: ๐Ÿ‘‡5-11) https://mail.10xresearch.co/p/bitcoin-mining-wars-time-buy-miners #btc70k #BTCโ˜€๏ธ
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#Bitcoin Mining Wars, Time to Buy The Miners? ๐Ÿ‘‡1-11) The Bitcoin network appears to be doing much better than initially feared after mining rewards were cut in half on April 20. The Bitcoin halving coincided with the launch of #Runes, which allows users to mint tokens on top of the Bitcoin network, generally meme-coins. ๐Ÿ‘‡2-11) This temporarily raised Bitcoin transaction fees after the halving, as Runes generated over $135m in fees in the first week after the halving. Not only did Bitcoin miners benefit from those extra fees, but it also increased the difficulty of Bitcoin mining, which only started to decline in early May. ๐Ÿ‘‡3-11) A higher difficulty signals that competition is fierce and winning mining rewards has become more complex. At the same time, daily miners' revenue dropped from $70m to just $30m. Expectations were that the hash rate would see a significant setback as inefficient miners would be forced to switch off machines. ๐Ÿ‘‡4-11) Bitcoin minersโ€™ revenue has marginally increased to $35m, which still signals a small distress signal to investors. Share prices of Bitcoin miners were expected to decline, as they did. But now something interesting is happening โ€“ as we explain below: ๐Ÿ‘‡5-11) https://mail.10xresearch.co/p/bitcoin-mining-wars-time-buy-miners #btc70k #BTCโ˜€๏ธ
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#Inflation is the MAIN driver for #BITCOIN: Here is WHY ๐Ÿ‘‡1-12) To most people, Bitcoin price moves appear random, but in the following two to three reports (this is the first one), we want to point out Bitcoin's critical drivers. If we get those right, we should also get Bitcoinโ€™s turning point and direction right. It is no coincidence that Bitcoin was weak in January and stronger into March but consolidated for two months. ๐Ÿ‘‡2-12) Bitcoin reached a critical turning point two weeks ago. Read the full note here: https://mail.10xresearch.co/p/inflation-main-driver-bitcoin #btc70k #BTCโ˜€๏ธ
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A PUMP into June 14? This ONE token might RALLY -> ๐Ÿ‘‡1-14) We have seen this repeatedly: Events are the best catalysts for trading crypto, as prices tend to rally in anticipation. The key is to walk away when the event has arrived and not fall in love with the narrative. But there is often money to be made in the run-up. This might be the case here again. ๐Ÿ‘‡2-14) The CME Bitcoin futures listing in December 2017 caused a massive price ramp-up, only to mark the top of that bull market. Similar tops occurred with the Coinbase listing in April 2021 or the Bitcoin ETF based on futures listing in October 2021. A more recent example was the listing of the Bitcoin Spot ETFs in January 2024, which caused Bitcoin prices to rally prior but then to correct by -15% afterward. ๐Ÿ‘‡3-14) A new event is scheduled for June 14. While less crucial for the broader crypto market than a Bitcoin product launch, it could impact this one token, as we explain below. With less than three weeks away, it might be time to gain exposure. This token is on the moveโ€ฆ ๐Ÿ‘‡4-14)... full report: https://mail.10xresearch.co/p/pump-june-14-one-token-might-rally #CHZ #BTCโ˜€๏ธ #ENAUSDT๐Ÿšจ
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This ONE Indicator Will Decide If #Bitcoin Will Make New All-Time Highs -> https://mail.10xresearch.co/p/one-indicator-will-decide-bitcoin-will-make-new-alltime-highs #BTC #enaethena #ETH #pepecoin๐Ÿธ
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