#Bitcoin mining difficulty has increased by 21.5% today.
It is the largest positive difficulty adjustment in almost 7 years.
It is the largest positive difficulty adjustment in almost 7 years.
#Bitcoin supply held by Long Term Holders has returned to accumulation mode
Whilst it looks similar to the 2017 peak, HODLers today actually hold +8% more of the circulating supply in dormant wallets.
Dormant supply increases, even as price dips.
Whilst it looks similar to the 2017 peak, HODLers today actually hold +8% more of the circulating supply in dormant wallets.
Dormant supply increases, even as price dips.
Forwarded from Binance Announcements
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Binance Will List Arweave (AR)
https://www.binance.com/en/support/announcement/169a715af77a419c918c932897e65b2c
https://www.binance.com/en/support/announcement/169a715af77a419c918c932897e65b2c
The Crypto Fear & Greed index #FGI has dropped to 26 for the first time since April 2020.
Elf Crypto VIP pinned «#Airdrop Join the Solanium airdrop and public sale whitelist! $SOL $SLIM Steps to do: 1. Create and connect your Solana wallet 2. Connect your telegram account 3. Verify your email address Link»
Bitcoin saw a real test of its market composition on Thursday amid a sea of liquidations reminiscent of the events from last year.
https://cointelegraph.com/news/bitcoin-held-up-very-well-despite-biggest-exchange-inflow-since-march-2020-crash
https://cointelegraph.com/news/bitcoin-held-up-very-well-despite-biggest-exchange-inflow-since-march-2020-crash
Cointelegraph
Bitcoin ‘held up very well’ despite biggest exchange inflow since March 2020 crash
Bitcoin traders sent more BTC to exchanges than any time since March 2020 on Thursday.
The market has 4 important phases:
1. Accumulation phase where trend traders get killed
2. Advancing phase which trend traders love — Best trading strategy is to long the uptrend
3. Distribution phase where trend traders get killed, again
4. Declining phase where traders turn into investors — Best trading strategy is to short the downtrend
#Learning
1. Accumulation phase where trend traders get killed
2. Advancing phase which trend traders love — Best trading strategy is to long the uptrend
3. Distribution phase where trend traders get killed, again
4. Declining phase where traders turn into investors — Best trading strategy is to short the downtrend
#Learning
New #Binance listing: Arweave
Arweave ($AR) is a storage network built on a decentralized network structure called “blockweave technology”.
Learn more about #AR in the research profile 👇
https://research.binance.com/en/projects/arweave
Arweave ($AR) is a storage network built on a decentralized network structure called “blockweave technology”.
Learn more about #AR in the research profile 👇
https://research.binance.com/en/projects/arweave
Binance
Arweave (AR)
A Decentralized Network for Data Storage.