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Bitcoin’s correlation with the tech-heavy Nasdaq 100 collapsed to just 3% in June, hitting its lowest level in nearly three years. Bitcoin outperformed tech equities this month jumping by nearly 14% while the Nasadq 100 is up only 3%.  Overall, its correlation with traditional risk assets has steadily weakened this year from an average of 60% in 2022. #bitcoin #crypto2023

Bitcoin’s correlation with the tech-heavy Nasdaq 100 collapsed to just 3% in June, hitting its lowest level in nearly three years.

Bitcoin outperformed tech equities this month jumping by nearly 14% while the Nasadq 100 is up only 3%.  Overall, its correlation with traditional risk assets has steadily weakened this year from an average of 60% in 2022.

#bitcoin #crypto2023

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What does pegging mean in crypto? You already know what stablecoins are, and it’s likely that you use USDT or another stablecoin on a regular basis. However, stablecoins are not necessarily “pegged” only to the United States dollar but also to other real assets—e.g., the euro, other currencies, stocks, and even gold. #bitcoin #pegging
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GPU vs. CPU mining This post is a general overview of GPU and CPU mining. It’s simple: These are two types of mining that use different parts of the computer. CPU mining is when you use the computer’s processor (the computer’s brain) for the task. Processors are good at various tasks but not as good at the large and complex calculations that mining requires. GPU mining is when you use the graphics card (the visual brain of the computer) for mining. GPUs are built for fast and complex calculations (mostly for gaming), which makes them more efficient for mining. As a result, GPU mining usually generates more revenue, but the hardware is also more expensive. Did you think it was impossible to mine on a CPU? Well, yes, you can! (although not very efficiently). #BRC20 #bitcoin #GPU #CPU
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