Binance Square
Accueil
Notification
Profil
Articles tendances
Les actus
Favoris et mentions J’aime
Centre pour créateur
Paramètres
LIVE
LIVE
10xResearch
--・6.3k views
What’s going on with #Ethereum? Should we even care? 👇1-14) Ethereum remains this cycle’s basket case. Surprisingly, BTC and ETH remain highly correlated, with an R-square of 95%. Ethereum’s weak fundamentals are becoming a roadblock for Bitcoin as they prevent broad fiat inflow into the crypto ecosystem. 👇2-14) During the last 2020/2021 cycle, ETH was the driver as Ethereum was supposed to replace the legacy banking system. NFT minting opened new areas of crypto adoption that could have expanded into various personalized documents on the blockchain, driving broad ‘wallet’ adoption. However, Ethereum developers did not react quickly enough. 👇3-14) Read the full note here: https://post.10xresearch.co/p/whats-going-on-with-ethereum-should #ETH

What’s going on with #Ethereum? Should we even care?


👇1-14) Ethereum remains this cycle’s basket case. Surprisingly, BTC and ETH remain highly correlated, with an R-square of 95%. Ethereum’s weak fundamentals are becoming a roadblock for Bitcoin as they prevent broad fiat inflow into the crypto ecosystem.


👇2-14) During the last 2020/2021 cycle, ETH was the driver as Ethereum was supposed to replace the legacy banking system. NFT minting opened new areas of crypto adoption that could have expanded into various personalized documents on the blockchain, driving broad ‘wallet’ adoption. However, Ethereum developers did not react quickly enough.


👇3-14) Read the full note here: https://post.10xresearch.co/p/whats-going-on-with-ethereum-should

#ETH

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
0
Découvrez les dernières actus sur les cryptos
⚡️ Prenez part aux dernières discussions sur les cryptos
💬 Interagissez avec vos créateur(trice)s préféré(e)s
👍 Profitez du contenu qui vous intéresse
Adresse e-mail/Numéro de téléphone
Créateur pertinent
LIVE
10xResearch
@10xResearch

Découvrez-en plus sur le créateur

#Bitcoin Stuck in This Range? Or a #Breakout Looms? 👇1-13) Traders are complaining that Bitcoin is going nowhere despite prices only 7% away from new all-time highs. Many Bitcoins are being moved off exchanges while our stablecoin impulse delivers a warning sign. 👇2-13) Crypto market volumes have declined to $50bn while the funding rates are only marginally positive. Undoubtedly, interest is low. Fed policy and inflation data are seen as the two key variables that could push Bitcoin to new all-time highs. On June 5, the Bank of Canada could start the global rate-cutting cycle, offering a blueprint for the Fed, while the June 12 US inflation print would need to show a lower print (3.3%) for Bitcoin to rally. 👇3-13) A sharp decline in Bitcoin exchange balances signals that whales are moving coins off exchanges in anticipation of higher prices. During the last month, 88,000 Bitcoins have been moved off exchanges, with 2.5 million coins remaining, the lowest level since March 2018. Exchange outflows started on May 15, coinciding with the 45 days after the quarter-end 13F filing requirement for US registered investors managing more than $100m. 👇4-13) Read the full report: https://mail.10xresearch.co/p/bitcoin-stuck-range-breakout-looms #btc70k
--
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
--
#Bitcoin Mining Wars, Time to Buy The Miners? 👇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. 👇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. 👇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. 👇4-11) Bitcoin miners’ 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 – as we explain below: 👇5-11) https://mail.10xresearch.co/p/bitcoin-mining-wars-time-buy-miners #btc70k #BTC☀️
--
#Bitcoin Mining Wars, Time to Buy The Miners? 👇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. 👇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. 👇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. 👇4-11) Bitcoin miners’ 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 – as we explain below: 👇5-11) https://mail.10xresearch.co/p/bitcoin-mining-wars-time-buy-miners #btc70k #BTC☀️
--
#Inflation is the MAIN driver for #BITCOIN: Here is WHY 👇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 Bitcoin’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. 👇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 #BTC☀️
--

Dernières actualités

Decentralized Exchange Velocore Suffers $6.88 Million ETH Hack
--
Hong Kong's Cyberport and Hangzhou Government Establish Strategic Partnership to Boost Web 3.0 Industry
--
Ripple's Market Activity Remains Uncertain, Awaits Breakout For Definitive Trend
--
Base Ecosystem Meme Coin BRETT Surpasses $1 Billion Market Cap
--
Ethereum Demand Growth Predicted To Continue, Says Tranchess
--
Voir plus
Plan du site
Cookie Preferences
CGU de la plateforme
Plan du site
CGU de la plateforme
ba-one-trust-cookie