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š $BTC Mining Power Hits Record High! Will BTC Break $100K Soon? š° Bitcoin's hashrateāthe total computing power securing the networkāhas reached unprecedented levels, signaling robust strength in the cryptocurrency market. What is Hashrate, and Why Does It Matter? The hashrate measures the computational power used to process transactions and secure the $BTC network. A higher hashrate indicates a more secure and resilient network, as more miners are participating in validating transactions. On January 3, 2025, Bitcoin's hashrate surpassed 1,000 exahashes per second (EH/s), setting a new record before stabilizing around 783.02 EH/s. This marks a significant increase from approximately 510 EH/s in January 2024, reflecting substantial growth over the past year. Bitcoin Price Nears $100,000 Milestone Historically, increases in hashrate have often preceded Bitcoin price surges, as observed during bull runs in 2017 and 2021. Currently, Bitcoin is trading around $98,264, showing a 2% rise in the past 24 hours and nearly 5% over the past week. With the $100,000 milestone within reach, investor excitement is building. Global Mining Landscape The United States has emerged as a significant player in Bitcoin mining, contributing over 40% of the world's mining power. Major mining pools like Foundry USA and MARA Pool dominate the U.S. scene, with Foundry USA nearly doubling its hashrate in 2024 to 280 EH/s, becoming the largest mining pool globally. Despite strict crypto regulations, Chinese mining pools still control 55% of the global hashrate, maintaining a dominant position in the mining ecosystem. As $BTC 's network strength continues to grow, all eyes are on whether the cryptocurrency will surpass the $100,000 mark in the near future. #BitcoinHashRateSurge
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š DeXe (DEXE) Surges Over 33% in 24 Hours! š DeXe (DEXE) has seen a massive price increase, climbing over 33% in the past 24 hours to $20.37. The trading volume also reflects strong activity, with the 24h high hitting $21.86 and a low of $14.83. This DeFi gainer has caught the attention of traders worldwide. Key Observations: Strong bullish momentum has driven DEXE above key moving averages (MA7, MA25, and MA99). The recent breakout suggests increasing confidence in this project. The DeFi sector continues to show resilience and opportunities in volatile markets. For investors and traders, this could be an interesting opportunity. However, always research thoroughly and manage risks in such fast-moving markets. #dexe #DEXE #CryptoTrading #CryptoAnalysis
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DeXe isnāt a memecoin; itās a legit project for decentralized trading and DAOs. The market is volatile, so itās crucial to research and avoid buying during peaks.
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š XRP & Bitcoin Update: Major Milestones Ahead! As we step into 2024, the crypto world is buzzing with Rippleās legal showdown and Bitcoinās ETF-driven rally. Here's the latest you need to know: --- š Ripple (XRP): The Turning Point The Ripple vs. SEC case is heating up as key dates approach: š¹ January 15 Deadline: The SEC might withdraw its appeal, potentially triggering a surge in XRP prices toward its 2018 all-time high of $3.55. š¹ Leadership Change at SEC: Gary Gensler steps down on January 20. New Chair Paul Atkins could bring a pro-crypto shift in regulation. š¹ XRP Price Update: Currently at $2.1537, XRP remains under pressure but holds massive rally potential based on the SECās next move. --- š” Bitcoin (BTC): $100K in Sight Bitcoin continues its steady climb, fueled by ETF inflows and growing institutional interest: š¹ ETF Momentum: $418.7M in inflows on Thursday alone! Top contributors: Fidelity Wise Origin Bitcoin Trust: $254.4M ARK 21Shares Bitcoin ETF: $186.9M š¹ BTC Price Update: Closed at $95,692 with volatility but strong upward momentum. š¹ Future Outlook: With Bitcoin inching toward $100K, adoption as a reserve asset by governments is becoming a real possibility. --- š Why This Matters Rippleās legal victory could reshape crypto regulations. Bitcoinās ETF adoption signals strong institutional interest. --- š Key Dates to Watch: šļø January 15: SEC Ripple case deadline. šļø January 20: SEC leadership transition. š Get ready for the next big moves! Stay informed, trade smart, and capitalize on the opportunities ahead with Binance! š¬ Whatās your take? Drop your thoughts in the comments! #BitwiseBitcoinETF
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My 2025 Bull Run Peak Price Predictions! šÆ
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Ultime notizie
Michael Saylor Advocates Bitcoin Investment Over Traditional Bonds
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Trump Plans Executive Orders On Crypto Banking And Accounting Policies
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NYDFS Launches Transatlantic Regulatory Exchange Program
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