SXP : GOT through but it was only a liquidity hunt :

Expecting to drop until the channel midline and lower support.

@Market

Bitcoin hashrate recovers from winter storm drop

@Bitcoins

The number of Bitcoin-whales transactions has significantly decreased after the FTX crash.

At the beginning of November, about 42% of bitcoin transactions were transfers worth more than $10 million. Today, the figure does not exceed 19%.

@Bitcoins

⏳ 14 years ago, back in 2009, for the simplest help in testing Bitcoin transactions, developers paid enthusiasts 25 BTC each.

@Bitcoins

2022 was the cheapest year to use the Bitcoin network if to calculate costs in Satoshi (SATS).

In the dollar equivalent, the cheapest year was 2012, when the network could be used almost free of charge.

The highest level of block space utilization was recorded in 2017 (over 90%).

@Bitcoins

Despite bearish BTC price action throughout 2022, activity on the Bitcoin network has remained stable. The number of active Bitcoin wallets was flat in 2022, at ~4.5M — inline with the numbers from the past four years.

Looking at a four-year cycle, the active wallet count is even trending upwards slightly. But at the same time, it’s clear that active address growth has been stagnant since roughly Q1 2021.

Active address levels have found a higher base than in the previous cycle, so we haven’t seen a significant exodus of users from the Bitcoin network. But we haven’t seen significant growth, either.

Instead, we’ve seen active wallets on Bitcoin remain relatively flat throughout all of 2022. Even when they peaked in 2020, they barely surpassed the prior high from 2017.

@Bitcoins

14 years ago, on January 12, 2009, Satoshi Nakamoto made the first BTC transaction to Hal Finney sending 10 BTC.

https://www.blockchain.com/btc/tx/f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16

@Bitcoins

4-year halving cycles.

Every 4 years, the reward per block is cut in half.

There will only ever be 21M bitcoin & over 90% have already been mined.

@Bitcoins

💥 Samsung to launch Bitcoin ETF in Hong Kong.

@Bitcoins

BTC hashrate hits ATH second time in 7 days, difficulty expected to grow 9%.

BTC hashrate rose 20% on Jan. 12 before retracing to 251.79 EH/s.

@Bitcoins

Options IVs have fallen towards all-time lows across a set of different expiries. For instance, the IV of 1mth, 3mth, and 6mth expiries sit at all-time lows.

@Bitcoins

Bitcoin ushered in a mining difficulty adjustment at block height 772,128. The mining difficulty climbed 10.26% to 37.59 T, a record high. The average hashrate of the entire network is now 269.02 EH/s.

@Bitcoins

Bitcoin has been green 12 days in a row, which is the second successful episode in its history. It was green longer only in November 2013 (for 15 days).

@Bitcoins