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As of January 6, 2025, the bitcoin network's hash rate is approximately 904.71 exahashes per second (EH/s). This represents a significant increase from the previous year, indicating a growing number of miners and enhanced network security. Notably, on January 3, 2025, the hash rate briefly reached an all-time high of over 1,000 EH/s, nearly doubling from around 510 EH/s in January 2024. This surge reflects both advancements in global mining technology and increasing competition within the industry. The hash rate is influenced by factors such as the number of active miners, mining hardware efficiency, and bitcoin's market price. For the most current and detailed hash rate statistics, you can refer to resources like blockchain.com and coinWarz . #BitcoinHashRateSurge
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Here are 10 altcoins with profit potential in 2025: Investing in altcoins can be highly rewarding, but it carries significant risks due to market volatility. As of January 2025, several altcoins are gaining attention for their potential profitability. Here are ten altcoins to consider: 1. Ethereum (ETH) – Leading smart contract platform. 2. Solana (SOL) – High-speed, low-fee blockchain. 3. XRP – Cross-border payment solution. 4. Binance Coin (BNB) – Binance ecosystem token. 5. Cardano (ADA) – Research-driven blockchain. 6. Polkadot (DOT) – Blockchain interoperability. 7. Avalanche (AVAX) – Fast decentralized applications. 8. Dogecoin (DOGE) – Popular meme coin. 9. Chainlink (LINK) – DeFi data oracle. 10. Shiba Inu (SHIB) – Growing meme token ecosystem. Note: Invest carefully after research; crypto is volatile. #CryptoReboundStrategy
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Bitcoin WEEKLY TF UPDATE : Bitcoin on Weekly TF, trying to have a decent closing to bullish side but a strong closing is required to have a to sustain the price. A close above $100,000 would create a Bullish engulfing candlestick, which will shows the buyers confidence. Closing below the $98,000 will be again lead in a ranging market next week. Bitcoin Weekly TF Update: Bitcoin is currently attempting a bullish close on the Weekly Time Frame (TF), but for sustained upward momentum, a strong and decisive closing is crucial. Here's the breakdown: Bullish Scenario: A close above $100,000 would form a Bullish Engulfing candlestick, signaling strong buyer confidence and potentially paving the way for further upward momentum. Bearish/Ranging Scenario: If Bitcoin closes below $98,000, the market might continue to range in the near term, lacking the momentum for a breakout. Traders should closely watch the closing levels for clearer direction. $BTC
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Last year, Coinbase's CEO sold $636M worth of shares, while Michael Saylor sold $410.8M.📇 Saylor’s motives are clear—Bitcoin. But what about Coinbase’s CEO?🪙
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#BTC.D 4H CHART ANALYSIS & ROADMAP UPDATE 🧾 ➖➖➖➖➖➖➖➖➖ #BITCOIN Dominance has finally broken out of the highlighted triangle, and with a proper confirmation from the highlighted circle it has delivered almost 3% down causing recovery in #ALTCOINS as expected! 🛫 The targets of this triangle are the areas where market makers could show up again to take profit so you should also be smart and not leave money on the table for them. Try saving some profit on your #LONG positions at the highlighted zones to be safe! $BTC
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