🟠 technical analysis of Bitcoin (BTC); Climb to 50 thousand dollars
Bitcoin was able to have an upward trend last month and passed important resistance levels. Bitcoin is currently trading in the range of $49,000 and bulls have taken over the market. Also, there are only 62 days left until the Bitcoin halving, so we have to see how the price of Bitcoin will react.
👀 Joe Biden published a photo with laser eyes; But this is not about Bitcoin
This post, titled "As We Draw It," refers to the Kansas City Chiefs' victory over the San Francisco 49ers in the 2024 Super Bowl (American football). While many crypto enthusiasts saw it as a direct reference to Bitcoin. #sanor016CommUNITY
Blockchain games are back and looking bullish. This sector grew by 33% in the fourth quarter of last year and the volume of transactions almost tripled in just six months. But on the other hand, traditional games have a downward trend. Global mobile game revenue has fallen for the second year in a row, with developers facing market saturation and stagnant user numbers. #sanor016CommUNITY #sanor016
Pixel Digital Currency (PXL) is a blockchain project that is recognized as a valuable digital currency and token in the digital world. This project has been developed in order to work in the field of data exchange and communication in the Internet of Things (IoT). Pixel currency is used as a currency for various transactions in this space.
Pixel uses blockchain technology to provide secure and transparent transactions, allowing users to make transactions without intermediaries. This digital currency can be traded in different exchanges and users can participate in the exchange of data and communication in the digital world by buying and selling it.
Due to the ever-increasing development of the Internet of Things space, Pixel currency is recognized as an important and valuable project in the field of blockchain technology and may play an important role in this field in the future. #sanor016CommUNITY
📈 Bitcoin open interest has reached the highest level since 2022
The price of Bitcoin has been on the rise for the past few days and has returned to the high levels it recorded at the beginning of the year. Interestingly, not only is the price of Bitcoin increasing, but the Open Interest (OI) of this coin has also seen a significant growth in the past few days.
Bitcoin open interest, depending on its movement, can often indicate the direction of the price in the near future.
ℹ️ Comparison of 2 Oracle blockchains: protocol clause and chain link
💰 Chain Link (LINK) is a decentralized network that provides security and validation of external data used for smart contracts on the blockchain.
🪙 Band Protocol (BAND) is a decentralized and cross-chain (cross-chain) oracle to collect all external data in a scalable manner, connect to each other and transfer it to the smart contract.
👀 Shibarium Approaches 300 Million Transactions: Is Shiba Ready To Climb?
The number of transactions on Shiba's Layer 2 blockchain, Shibarium, is approaching the critical milestone of 300 million. The latest ShibariumScan data shows that the number of transactions in the blockchain has reached 297 million, which includes 2.7 million blocks. #sanor016CommUNITY
🕯 Bitcoin and digital currency market analysis; Long-term holders, unlike traders, have less to worry about
In this weekly analysis, we first go to the data of China; Because this data gives us a good insight into the sentiments of long-term holders and short-term traders #sanor016CommUNITY #sano016
💬 An overview of the latest statistics of spot bitcoin ETFs
💚 Earlier this month, spot bitcoin ETFs were finally approved by the US SEC. Spot ETFs are financial instruments that allow investors to gain exposure to spot changes in the price of Bitcoin.
💚 With spot ETFs, traders do not need to own the assets themselves. ETFs are traded on traditional exchanges, so they can be a better option for traditional investors. For some investors, navigating cryptocurrency exchanges and learning how wallets work can be a barrier to entry, and ETFs solve that problem.
Why is the price of Bitcoin increasing? Experts answer
Bitcoin price is now hovering around $46,400 after a 4% jump last day and a nearly 8% increase last week. But what was the reason for the new wave of Bitcoin price increase? According to analysts, some factors, including the accumulation of Bitcoin by whales, push the price of this asset up. #sanor016CommUNITY
Bitcoin hash rate increase to a record of 609 exahes per second
According to the available data, the seven-day moving average of the Bitcoin network hash rate on February 8 (19) (Bahman) reached a new peak of 609 exahs/second, according to these data, the three-day moving average is equal to 617 exahs/second and the 30-day index is equal to 551 exahs/second. Simultaneously with the growth of this index, the price of Bitcoin also increased by 4.2% over the past day and reached more than $46,500. Also, this increase in the market value of Bitcoin increased the expected daily income of one petahash per second.
The share of staked Ethereum exceeded 25% of the total supply
🔸 Dawn Analytics dashboard data shows that currently the share of staked Ethereums has reached 25.17% of the total supply. According to this data, this amount is equal to 30,241,200 staked Ethereum, which has a value of $7.43 billion. Also, more than 10 million ETH have flowed into staking contracts since the Shanghai update. The worrying thing here is that the Lido protocol, with about 299,000 validators and more than 9.55 million Ethereum, has 31.6% of the total staked Ethereum. #sanor016CommUNITY #sano016
The Dubai Transport Authority has taken a major step by issuing a license for the UAE's first Blockchain Web 3 taxi platform, known as DRIFE. DRIFE's decentralized platform uses blockchain technology to create a transparent, secure and cost-effective peer-to-peer network for drivers and passengers. #sanor016CommUNITY #sano016
‼️ Breach of data and code in Binance; The exchange denies
Binance has denied allegations of a recent data breach and has said that user accounts are secure. Earlier, a hacker claimed to have gained access to a law enforcement request account called "KodexGlobal," which allegedly enabled the subpoena of user information from companies including Coinbase, Binance, and Chainlink. #Write2Earn
👀 How can Metaverse crypto projects use Apple Vision Pro?
The Apple Vision Pro headset became available for purchase in the United States on February 2, 2024; By enabling the seamless integration of the real and digital realms, this device could revolutionize the metaverse.
Metaverse is one of the new and popular concepts in the field of technology and crypto in which many projects and companies plan to participate. Now, by introducing its mixed reality headset called Apple Vision Pro, Apple plans to make being in Metaverse a much more attractive and unique experience. #sanor016CommUNITY #sanor016
👀 The effects of Donald Trump's victory in the US elections on the crypto industry
In a recent article, cryptocurrency-focused attorney MetaLawMan raised an interesting question about the future of SEC Chairman Gary Gensler if Donald Trump wins the 2024 US presidential election. #sanor016CommUNITY