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π @TgBitcoin
You can increase your Forex gains with trading signals from the Companyβs analysists who have more than 20 years of financial markets experience on currencies, indices, gold and cryptocurrencies. Plan your trading flawlessly with advanced economic calendar.
channel and may the Forex be with you.
π @TgBitcoin
βIntel announced the launch of a new bitcoin mining processor
At the virtual ISSCC, Intel announced a new application-specific integrated circuit (ASIC) for mining, BonanzaMine. The company intends to compete with processors from Bitfury, Bitmain and Canaan.
Earlier this month, Intel expressed its intention to run in the cryptocurrency mining industry, stating that ASICs are "1,000 times" faster than other graphics processing units (GPUs).
They've been used in mining since the early days of the industry.
Also at the conference, the company demonstrated its BonanzaMine system, consisting of 300 BonanzaMine ASICs with a capacity of 40 teraches and consuming 3.6 kW of power.
Intel claims that even higher hashing speeds can be achieved if needed.
The BonanzaMine system is a worthy competitor to ASICs such as Bitfury Clarke and Canaan Avalon A9.
The Intel system consumes 55 joules per terahesh at 47.7 terahesh/s. The Bitfury Clarke can reach 40 terraches/s at 56 joules/terahesh, while the Canaan Avalon A9 can reach 30 terraches/s at 58 joules/terahesh.
π @TgBitcoin
At the virtual ISSCC, Intel announced a new application-specific integrated circuit (ASIC) for mining, BonanzaMine. The company intends to compete with processors from Bitfury, Bitmain and Canaan.
Earlier this month, Intel expressed its intention to run in the cryptocurrency mining industry, stating that ASICs are "1,000 times" faster than other graphics processing units (GPUs).
They've been used in mining since the early days of the industry.
Also at the conference, the company demonstrated its BonanzaMine system, consisting of 300 BonanzaMine ASICs with a capacity of 40 teraches and consuming 3.6 kW of power.
Intel claims that even higher hashing speeds can be achieved if needed.
The BonanzaMine system is a worthy competitor to ASICs such as Bitfury Clarke and Canaan Avalon A9.
The Intel system consumes 55 joules per terahesh at 47.7 terahesh/s. The Bitfury Clarke can reach 40 terraches/s at 56 joules/terahesh, while the Canaan Avalon A9 can reach 30 terraches/s at 58 joules/terahesh.
π @TgBitcoin
Bitcoin is proving itself as a safe haven in times of global uncertainty
It has outperformed every other asset class by orders of magnitude since the Ukraine invasion.
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ππΌ @TgBitcoin
It has outperformed every other asset class by orders of magnitude since the Ukraine invasion.
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ππΌ @TgBitcoin
Russians are paying up to $20,000 above market rate to buy Bitcoin (in p2p)
Sanctions bite leading to the collapse of the ruble. Data suggests Russians are turning to Bitcoin to protect themselves from the fallout.
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ππΌ @TgBitcoin
Sanctions bite leading to the collapse of the ruble. Data suggests Russians are turning to Bitcoin to protect themselves from the fallout.
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ππΌ @TgBitcoin
The number of bitcoin nodes has reached 15,000
Each one of these nodes holds a full copy of the bitcoin blockchain. Starting from the very first transaction that Satoshi Nakamoto sent thirteen years ago, these nodes record and audit every. single. one.
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ππΌ @TgBitcoin
Each one of these nodes holds a full copy of the bitcoin blockchain. Starting from the very first transaction that Satoshi Nakamoto sent thirteen years ago, these nodes record and audit every. single. one.
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ππΌ @TgBitcoin
EU Parliament Scraps Proof-of-Work Ban Following Backlash: Report
A new version of the Markets in Crypto Assets (MiCA) legislation removes controversial wording that would have banned cryptos like bitcoin (BTC) that rely on the proof-of- work blockchain-based algorithm.
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ππΌ @TgBitcoin
A new version of the Markets in Crypto Assets (MiCA) legislation removes controversial wording that would have banned cryptos like bitcoin (BTC) that rely on the proof-of- work blockchain-based algorithm.
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ππΌ @TgBitcoin
The Bybit exchange listed the ERTHA token
ByBit's listing in the current challenging times for the market will allow Ertha to solidify its position as one of the leading metaverse tokens.
The project further increases its accessibility to potential investors and maintains its growth momentum, while the development team intends to launch the largest metaverse of 2022.
NFT Ertha's sales numbers have been virtually unaffected by adverse industry events.
The project has already sold more than 22,000 plots of land, allowing their owners to generate income.
π @TgBitcoin
ByBit's listing in the current challenging times for the market will allow Ertha to solidify its position as one of the leading metaverse tokens.
The project further increases its accessibility to potential investors and maintains its growth momentum, while the development team intends to launch the largest metaverse of 2022.
NFT Ertha's sales numbers have been virtually unaffected by adverse industry events.
The project has already sold more than 22,000 plots of land, allowing their owners to generate income.
π @TgBitcoin
βMexico Is On The ListββOther Countries Could Soon Follow El Salvador Into Bitcoin
Samson Mow, the chief strategy officer at bitcoin infrastructure company Blockstream since 2017 and an advisor to El Salvador during its adoption of bitcoin, has announced he's leaving the company to focus on furthering "nation-state bitcoin adoption"βand naming Mexico as "on the list" of countries that could adopt bitcoin.
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ππΌ @TgBitcoin
Samson Mow, the chief strategy officer at bitcoin infrastructure company Blockstream since 2017 and an advisor to El Salvador during its adoption of bitcoin, has announced he's leaving the company to focus on furthering "nation-state bitcoin adoption"βand naming Mexico as "on the list" of countries that could adopt bitcoin.
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ππΌ @TgBitcoin
Investors saw in the conflict between Russia and Ukraine an opportunity to profitably buy bitcoin
The most capitalized cryptocurrency - bitcoin - began the new workweek with a wave of growth, turning into a correction.
Lots of participants in the cryptocommunity see the potential for a decline in the BTC rate in the near future.
Analyst Lark Davis paid attention to the signals of the indicators: bitcoin fell below the moving averages EMA21 and MA 50.
From the point of view of technical analysis, this behavior of the asset indicates the prospect of its further decline.
"In 5 years it won't matter at what rate you bought bitcoin: at $69K, $50K, $33K or other current prices," Lark Davis wrote, hinting at the growth potential inherent in bitcoin.
π @TgBitcoin
The most capitalized cryptocurrency - bitcoin - began the new workweek with a wave of growth, turning into a correction.
Lots of participants in the cryptocommunity see the potential for a decline in the BTC rate in the near future.
Analyst Lark Davis paid attention to the signals of the indicators: bitcoin fell below the moving averages EMA21 and MA 50.
From the point of view of technical analysis, this behavior of the asset indicates the prospect of its further decline.
"In 5 years it won't matter at what rate you bought bitcoin: at $69K, $50K, $33K or other current prices," Lark Davis wrote, hinting at the growth potential inherent in bitcoin.
π @TgBitcoin
π₯ Flexport CEO: Every global logistics provider will add Bitcoin to balance sheet π
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ππΌ @TgBitcoin
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ππΌ @TgBitcoin
Half of the bitcoin payments on Steam were fraudulent - Gabe Newell
"We had problems when we started accepting cryptocurrencies as a payment option.
50% of those transactions were fraudulent, which is a mind-boggling number. These were customers we didn't want to have," Newell said.
The head of Steam stressed that bitcoin's volatility was a "total nightmare" for the company, as customers resented the dramatic price changes.
He also acknowledged there is "really a lot of interesting technology" in blockchain.
Still, he doesn't see why people really need "distributed ledger" technology.
Newell said even the NFT market is full of fraudulent schemes.
π @TgBitcoin
"We had problems when we started accepting cryptocurrencies as a payment option.
50% of those transactions were fraudulent, which is a mind-boggling number. These were customers we didn't want to have," Newell said.
The head of Steam stressed that bitcoin's volatility was a "total nightmare" for the company, as customers resented the dramatic price changes.
He also acknowledged there is "really a lot of interesting technology" in blockchain.
Still, he doesn't see why people really need "distributed ledger" technology.
Newell said even the NFT market is full of fraudulent schemes.
π @TgBitcoin
BTC accumulation phase begins
Newbies who joined last year are evolving to long-term holders. The market cap for 6-month+ old BTC takes 52% now. It was 13% at the cyclic top.
Unlikely to hit the previous low($28k) as the newbies will wait for other newbies in the next cycle.
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ππΌ @TgBitcoin
Newbies who joined last year are evolving to long-term holders. The market cap for 6-month+ old BTC takes 52% now. It was 13% at the cyclic top.
Unlikely to hit the previous low($28k) as the newbies will wait for other newbies in the next cycle.
π
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ππΌ @TgBitcoin
BREAKING: Charles Schwab ($7.5 trillion AUM) files for a Crypto Economy ETF
The index-tracking fund would invest primarily in the stocks of companies involved in the space.
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ππΌ @TgBitcoin
The index-tracking fund would invest primarily in the stocks of companies involved in the space.
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ππΌ @TgBitcoin
The majority of Bitcoin wallet groups are currently in net accumulation, with the smaller holders being the most aggressive.
This map represents the Bitcoin accumulation account for each wallet group.
π¦ indicates what objects are adding to their balance.
π₯ indicates that objects do not accumulate.
π @TgBitcoin
This map represents the Bitcoin accumulation account for each wallet group.
π¦ indicates what objects are adding to their balance.
π₯ indicates that objects do not accumulate.
π @TgBitcoin
Fear and Greed Index
The index displays a value of 20, pointing to extreme fear.
Uncertainty persists as the Ukraine-Russia crisis persists.
Pay attention to the FOMC meeting on March 15-16.
Possible Fed rate hikes create uncertainty in the market.
π @TgBitcoin
The index displays a value of 20, pointing to extreme fear.
Uncertainty persists as the Ukraine-Russia crisis persists.
Pay attention to the FOMC meeting on March 15-16.
Possible Fed rate hikes create uncertainty in the market.
π @TgBitcoin
BREAKING NEWS: Bitcoin , Tether & the City's LVGA token will become de facto LEGAL TENDER in Lugano
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ππΌ @TgBitcoin
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ππΌ @TgBitcoin
The number of Cardano (ADA) wallets grew by 3.6% in February
The number of wallets storing Cardano cryptocurrency, ADA, has increased dramatically in 2022.
Since the beginning of February, 4,565 new wallets have been added to the network daily.
A significant portion of the coins are blocked on stacking. According to Cardano Blockchain Insights, users have deposited 69% of all ADAs on the stack, effectively removing them from circulation, reinforcing the shortage and bullish pricing dynamics.
At the time of posting, there were 3,105,843 wallets registered online.
Cardano wallets increased 13,000% year-over-year in December 2021 as interest in the asset began to grow.
π @TgBitcoin
The number of wallets storing Cardano cryptocurrency, ADA, has increased dramatically in 2022.
Since the beginning of February, 4,565 new wallets have been added to the network daily.
A significant portion of the coins are blocked on stacking. According to Cardano Blockchain Insights, users have deposited 69% of all ADAs on the stack, effectively removing them from circulation, reinforcing the shortage and bullish pricing dynamics.
At the time of posting, there were 3,105,843 wallets registered online.
Cardano wallets increased 13,000% year-over-year in December 2021 as interest in the asset began to grow.
π @TgBitcoin
Russia has been accumulating gold for years.
π₯BREAKINGπ₯
π¨Russia returns to Gold standardπ¨
The government will abolish the VAT (tax) on bullion. This Bill will go to the State Duma on March 4. Going forward - when purchasing gold bars or other precious metals from a bank, the 20% current tax on top of its value will not apply.
This is a way to ensure people can invest securely in something other than the dollar (usually people hold their cash in dollars as the ruble is volatile.)
- Counter sanctions commission.
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ππΌ @TgBitcoin
π₯BREAKINGπ₯
π¨Russia returns to Gold standardπ¨
The government will abolish the VAT (tax) on bullion. This Bill will go to the State Duma on March 4. Going forward - when purchasing gold bars or other precious metals from a bank, the 20% current tax on top of its value will not apply.
This is a way to ensure people can invest securely in something other than the dollar (usually people hold their cash in dollars as the ruble is volatile.)
- Counter sanctions commission.
β‘οΈ
ππΌ @TgBitcoin
While the Fed Monitors the βUkraine Situation Closely,β Powell Still Expects a Series of Quarter-Point Rate Hikes
Federal Reserve chairman Jerome Powell still expects to see interest rate hikes starting in March, but the Fed chief further stressed that the central bank will βneed to be nimble.β In remarks prepared for members of U.S. Congress, Powell discussed the Russian invasion of Ukraine, noting that the βimplications for the U.S. economy are highly uncertainβ and the Fed βwill be monitoring the situation closely.β
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ππΌ @TgBitcoin
Federal Reserve chairman Jerome Powell still expects to see interest rate hikes starting in March, but the Fed chief further stressed that the central bank will βneed to be nimble.β In remarks prepared for members of U.S. Congress, Powell discussed the Russian invasion of Ukraine, noting that the βimplications for the U.S. economy are highly uncertainβ and the Fed βwill be monitoring the situation closely.β
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ππΌ @TgBitcoin