#write #write2earnAccording to Foresight News: There is an increasing demand on the Bitcoin network as more than 112,000 transactions are reportedly waiting to be confirmed. As per data from mempool.space, the memory pool, or mempool, usage on the network has climbed to 832MB, indicating a busy period for bitcoin transaction processing. The current minimum transaction fee on the Bitcoin network stands at 9 satoshis per virtual byte (sat/vB). A surge in transaction volume typically results in higher mempool usage and could lead to higher transaction fees as people compete to get their transactions confirmed faster. #write2earn
#đ° Bitcoin (BTC) Price Recovers But Danger Still Looms: QCP Capital
Bitcoinâs setback below $61,000 triggered a market-wide correction. Despite the inflow of fresh capital, the leading crypto asset registered 15% in weekly losses at one point after hitting new all-time highs earlier this month. QCP Capitalâs analysis suggests that the Bitcoin bull market is far from over while simultaneously highlighting a continued liquidity rotation, which is likely to propel the asset to new highs post-halving. Having said that, a âviolentâ near-term correction due to lingering leverage might transpire.#HotTrends #BTC
PLEASE DO NOT INVEST IN âGAINERSâ đ AND AVOID âLOSERSâ đ I cannot stress this enough!!! Now this may sound like a logical advice for some of you, but trust me when I say this, many of my friends and peers think exactly like this. Keep in mind the market is ALWAYS fluctuating, some great coins may be fluctuating along with it. Looking at just those two categories and investing could seriously hurt your investments. đ It may seem attractive to see some coins under the gainer category and think âI should invest in this because itâs growing and would yield in profitâ but thatâs WRONG ââ A gainer does NOT mean a permanent incremental steady growth. đ Nor should you avoid investing in âlosersâ thinking youâll lose your money. If anything, investing in âlosersâ (especially during a pullback period) would be your best bet, but of course you must do your own research before. Always read about the token and understand for yourself if the token is under the loser category because of a fluctuation in the market, or if itâs being delisted, or any other reason. #HotTrends #Write2Earn #DYOR #ETH #BOME
What i have learnt in 8 years of my crypto experience 1) Never FOMO in. 2) Never Buy on first day of listing , i bought DODO and got rugged. 3) Technical analysis can go in vain. it's all about whales. we are shrimps. 4) control your emotions 5) don't lock your assets 6) distribute your portfolio with 70% coins in top 20 and rest 30% other alts memes etc .. 7) Focus on one influencer whom u like and relate and follow his signals. don't go for others. you will get confused 8) always keep usdt for dips. never spend all usdt in one dip. 9) find coins in which community distribution is strong and team has less than 10% of coins so that they cannot manipulate price. 10) lastly , don't put your lifetime savings in here. it can literally go to lows any day. it is backed by nothing . $BTC #Write2Erarn #write2earn #HotTrends #sol #DOGE
Last night, an abnormal event occurred on BitMEX: Bitcoinâs price on the crypto exchange collapsed to $8,900 in a few minutes, while on other platforms, BTC was trading at an average of $67,400. The drawdown was short-lived and the coin recovered quickly, but it scared tradersđ
Whoâs to blame?
That night, an anonymous whale set up activity on BitMEXâs spot market. Within two hours, the whale sold off over 977 BTC in small portions of 10â50 BTC. Presumably, these massive sales could have triggered the collapse of the cryptocurrency.
Such abnormal activity on crypto exchanges is not uncommon. Most often, itâs caused by failures in the work of platforms or insufficient liquidity.$BTC #HotTrends
đ€ Brian Quintenz from a16z believes that if the SEC considered ETH a "security," they wouldn't have approved the listing of futures ETFs on this asset.
đș BlackRock increased its holdings to 239,252 BTC for its spot BTC-ETF (previously 238,501 BTC).
đ Coinbase will launch trading for futures on dogecoin, litecoin, and bitcoin cash on April 1.
â Cryptocurrency exchange OKX will cease operations in India and requests users to withdraw funds by April 30.
đž In 2024, Solana accounts for 49.3% of global investor interest in blockchain ecosystems, according to CoinGecko.
đThe price of BTC is unlikely to ever fall below $50,000, according to Michael Novogratz, CEO of investment firm Galaxy Digital.
Novogratz believes that bitcoin's rise is due to the influx of funds into spot bitcoin-ETFs. In his opinion, as long as the inflow of funds does not stop, the bitcoin rally will continue, however, once this indicator becomes negative, there will be a real correction.
Once the index turns negative, you will see the first real correction. Funding rates are high and you should always be prepared for a correction during such periods. I don't think we will go back below $50,000-55,000