The higher the hashrate, the better the network security. But the higher the hashrate, the greater the competition among miners, who, moreover, have to deal with an increase in the difficulty of searching for a block. Therefore, sooner or later, some miners have to capitulate
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There are a huge number of ways to draw trend lines (TL) , as well as disputes on this matter.
The fact remains that within the framework of a long-term trend, the market is not able to maintain extremely steep TL, which is why many traders begin to think too early that the uptrend has been broken
The way out is to draw balance lines rather than trend lines, as the famous Bitcoin analyst CryptoCon does. The price often corrects the balance lines, but does not break them. In this cycle, we are also unlikely to see BTC below the last balance line
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Why this week will be so important? Where is my limit order for ICP long, and what is the best scenario for BTC now?
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https://youtu.be/Oyv36rIpcdg
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Few weeks ago Balancer hacked 900k now 238k
Its amazing, crypto, defi just one big casino. Why do we need all this platforms, why so often people lost money just because this platforms cant be secure. Defi its a utopia. Or all this attacks not real attacks just founders or owners have some backdoor. But you can always say "Sorry we are under attack of north korean hackers, you lost your money, but continue use our servie, more partnership, super roadmap, utility on the way"
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Its amazing, crypto, defi just one big casino. Why do we need all this platforms, why so often people lost money just because this platforms cant be secure. Defi its a utopia. Or all this attacks not real attacks just founders or owners have some backdoor. But you can always say "Sorry we are under attack of north korean hackers, you lost your money, but continue use our servie, more partnership, super roadmap, utility on the way"
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https://youtu.be/SvLGjQbQ-MA
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Top 10 decentrilized exchanges. But in next years we will see much more! Coins of DEX platforms can be the next trend
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X-axis: time since November (bear market bottom)
Y-axis: percentage increase since day zero (November 30)
What we will see this time?
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Popular Bitcoin analyst Ali Martinez recorded that the average monthly number of new Bitcoin wallets (red line on the chart) was ahead of its annual average (blue curve)
This is one of the important indicators of the growth of network usage activity. And, historically, an increase in this parameter has always led to an increase in prices
Today it is also interesting because the market is stagnating. Therefore, the reason is probably not hypeπ
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This is one of the important indicators of the growth of network usage activity. And, historically, an increase in this parameter has always led to an increase in prices
Today it is also interesting because the market is stagnating. Therefore, the reason is probably not hype
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https://youtu.be/uTk_kioDlUg
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Let me remind you that if the exchange balance of stablecoins grows, most often this leads to market growth in the medium term (not always). If the balance is shrinking, the likelihood of a return to the bullish phase for Bitcoin looks unlikely.
USDT volume on trading platforms has reached its highest level since March. Traders have placed 24.1% of the total Tether supply on exchange addresses.
At the same time, there is an outflow of BTC and ETH from exchanges - the volume of Bitcoin and Ether on trading platforms has decreased to 5.9% and 8.5% of the turnover of these digital currencies.
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Always when i see news like this i dont understand how people with millions can do this simple mistakes! If people have an 4,4 millions on CEX i hope they have a more on wallets and not hold all money on Kraken. Why people with millions have an even IDEA in their mind to use Coinone?!!!! What a hack is Coinone!
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Alchemy Pay received a payment license in the USA! ( original )
- Now the company has a license to make payments in 173 countries!
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- Now the company has a license to make payments in 173 countries!
Bull run plan video about ACH - CLICK
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The trustee of the Mt Gox exchange has extended the repayment period to creditors from 31 October 2023 to 31 October 2024 (i.e. by a year)
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https://youtu.be/JfEd_uQmgw4
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