Mt. Gox is moving billions worth of BTC between their addresses. ย 59,000 of Mt. Gox's 142,000 #BTC have been distributed to creditors. ย Another 79,600 $BTC will be redistributed to creditors soon.
Bitcoin Mining Set for Largest Difficulty Rise Since October 2022.
-> Bitcoinโs network difficulty is expected to rise by 11% on July 31 at 8 A.M.
-> This will be the largest increase since October 2022, just before the FTX collapse.
-> The increase is due to a surge in the hash rate, which hit an all-time high of 670 EH/s on July 26.
-> The recent peak in hash rate is an 11% increase over the previous week.
Miner profitability and network stability are improving. The hash price has been rising since the halving, with an expected value of $0.052 TH/s per day.
ย The Dev of $Neiro has made 15,508 $SOL($2.85M) with only 3 $SOL($552). ย He spent $552 to buy 97.5 million Neiro when deploying Neiro. ย Then he sold 68M $Neiro for 15,511 $SOL($2.85M) through multiple wallets, and booked a profit of $2.85M ย He also sent 10M $Neiro to the dead wallet, leaving 19.5M $Neiro($1.8M), with an unrealized profit of $1.8M! ย Neiro is a #memecoin on #Solana named after the newly adopted dog of $DOGE(Kabosu)'s owner.
โช๏ธ ETH/BTC pumped 350% in 10 months ย It touched that trendline a few weeks ago too, which indicates that the bottom is in ย Do you think ETH is way undervalued and oversold now? ๐
Bitcoin bounced off a key support level and its price went up. It has now passed $68,000. Since this rise happened over the weekend, itโs unclear if it will continue. If prices sustain, it might even hit $70,000.