Miners use computing power to solve complex mathematical puzzles to build the blockchain and earn rewards in the form of new bitcoin. At the halving, the amount of bitcoin available as rewards for miners is cut in half. This makes mining less profitable and slows the production of new bitcoins. #HotTrends #halving? #Halving
Miners use computing power to solve complex mathematical puzzles to build the blockchain and earn rewards in the form of new bitcoin. At the halving, the amount of bitcoin available as rewards for miners is cut in half. This makes mining less profitable and slows the production of new bitcoins. #HotTrends #halving? #Halving
Bitcoin triggered a massive upswing in the last few days of February which offered a strong base for the token to leap long ahead. The price further maintained a steep upswing and formed a new ATH at $73,750.07, surpassing the previous one close to $69,000. Unfortunately, the bulls failed to hold the prices at the gains which led to a drastic drop below $66,000. Currently, the bulls have initiated a recovery but it does not appear to last long. Hence, before.the month of the April, the BTC price is expected to 73000$ $BTC #HotTrends
The recent approval of Bitcoin ETFs has been a landmark event for the cryptocurrency industry, signaling the acceptance and integration of crypto into the mainstream financial world. This milestone has not only enhanced the credibility of cryptocurrencies but also significantly boosted confidence among the crypto community.
Amidst this backdrop of optimism and growing acceptance, the question on many minds is whether Ethereum, the second-largest cryptocurrency by market capitalization, will follow suit.$ETH #ETF #HotTrends
The recent approval of Bitcoin ETFs has been a landmark event for the cryptocurrency industry, signaling the acceptance and integration of crypto into the mainstream financial world. This milestone has not only enhanced the credibility of cryptocurrencies but also significantly boosted confidence among the crypto community.
Amidst this backdrop of optimism and growing acceptance, the question on many minds is whether Ethereum, the second-largest cryptocurrency by market capitalization, will follow suit.$ETH #ETF #HotTrends
Altcoin season is a market condition where the price movement of most alternative cryptocurrencies (altcoins) rises rapidly compared to Bitcoin within a certain period.
During an altcoin season, investors and traders may shift their focus away from Bitcoin and begin buying and trading altcoins to earn profits. This can cause the prices of altcoins to rise rapidly, sometimes by significant percentages in a short period. #Altseason2 #AltSeason #HotTrends
However in the short term he does expect some downside, if the market has already priced that news in. Yesterday he posted a Bitcoin price chart with the $38,000 level marked out as support, expecting a correction to there as bulls are ‘losing momentum’.
He followed that with some bullish altcoin charts – including Internet Computer (ICP), Immutable (IMX) and Tellor (TRB) – and a prediction that the next meme season will be ‘glorious’.
Some of the meme coins he’s brought awareness to include FLOKI (FLOKI) and new ICO Meme Kombat (MK)
Miners use computing power to solve complex mathematical puzzles to build the blockchain and earn rewards in the form of new bitcoin. At the halving, the amount of bitcoin available as rewards for miners is cut in half. This makes mining less profitable and slows the production of new bitcoins #HotTrends #HotTrends
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