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admiretira

The Bitcoin halving is a programmed process in the Bitcoin BTCUSD protocol that reduces the amount of BTC that can be mined per block by 50% every 210,000 blocks, which occurs roughly every four years. In a matter of days, the reward for mining a block will reduce from 6.25 BTC to 3.125 BTC. Roughly 900 BTC hits the market every day, but that figure will be cut to 450 BTC after the next halving. The halving shock makes Bitcoin even scarcer and acts as a deflationary measure, bolstering the asset as a store of value. Bitcoin investors will be happy with the expected price rise post-halving, but miners will need to adapt or die as they compete for fewer BTC rewards. Ultimately, miners are the most affected by the halving. BTC miners have to constantly optimize their operations as they play a long-term game that depends on the market price of the Bitcoin they receive for mining blocks, depending on their mining efficiency. With block rewards not getting any bigger, miners must prepare to survive in a volatile market.

admiretira

U.S. Treasury yields fell sharply last week after lower-than-expected U.S. inflation data coupled with rising U.S. jobless claims all but eliminated the likelihood of further monetary tightening by the U.S. central bank, giving traders the green light to begin pricing in more aggressive rate cuts for next year. The downturn in yields boosted stocks across the board, propelling the Nasdaq 100 towards its July high and within striking distance of breaking out to the topside- a technical event that could have bullish implications for the tech benchmark upon

admiretira

U.S. Treasury yields fell sharply last week after lower-than-expected U.S. inflation data coupled with rising U.S. jobless claims all but eliminated the likelihood of further monetary tightening by the U.S. central bank, giving traders the green light to begin pricing in more aggressive rate cuts for next year. The downturn in yields boosted stocks across the board, propelling the Nasdaq 100 towards its July high and within striking distance of breaking out to the topside- a technical event that could have bullish implications for the tech benchmark upon confirmation.

admiretira

The strategic moves by ETH whales underscore a sustained bullish sentiment and a long-term investment perspective. With ETH maintaining support above the $1,970 mark, these investors are seizing opportunities to accumulate more of the cryptocurrency. However, the market remains vigilant, as extensive selling by these whales could prompt a market pullback if they choose to realize profits

admiretira

Dogecoin Metrics Signal Impending Breakout, How High Can The Price Go? Nov 19, 202301:30 GMT+2 Dogecoin is definitely on a rally as shown by crypto market numbers. The cryptocurrency has experienced a significant market increase amidst a wider consolidation, with the price up by 7.46% in the past seven days. Although the price of DOGE was recently pushed back down today by some level of resistance near $0.087, it has since bounced back up again at $0.082. At the time of writing, DOGE is trading at $0.084, an increase of 2.4% from this support level. This indicates that the bulls are not ready to give up buying momentum. According to a recent post by crypto analyst Rekt Capital on social media, DOGE has finally confirmed a break out of a descending channel pattern. On-chain signals also point to a huge surge in interest and trading volume, indicating DOGE might be going higher soon.

admiretira

ETHUSD Bulls take control of the market after a depressing... Ethereum's multi-month low came during the week just over $1,600. ETH reacted well since then and it's up to $1,750 after a 4% increase in past few hours .Bulls decided to step up and take full control , after a depressing price movement

admiretira

BTCUSD the buyers might take full control BTCUSD had recovered some ground and stood at $25,500 after BlackRock's filing for a Bitcoin spot ETF after a minor set back yesterday and a dip to $25,200 , the crypto currency went on tear and skyrocketed to a 9-day H at $26,800 . After several days of depressing price movement for BTCUSD , Bulls decided to step In , but the question is {is it gonna break the Downtrend on a Higher Timeframe ]?

admiretira

Bitcoin's Double Bottom Pattern Bitcoin's Double bottom pattern signals a potential price ahead, but the top crypto currency a flash crash on Monday, plummeting to around $25.500 in response to the securities n Exchange Commissions...
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