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#Nuls new Layer-2 #ENULS mainnet launched $ENULS will use $NULS for its gas token too, No new token is issued for ENULS

#Nuls new Layer-2 #ENULS mainnet launched

$ENULS will use $NULS for its gas token too, No new token is issued for ENULS

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The Final Week Leading Up to #bitcoinhalving Fourth Halving: Bitcoin Block Subsidy to Drop from 6.25 to 3.125 BTC on April 20th Nadia Petrova Nadia PetrovaAuthor Verified Apr 13, 20242 min. Read Key Points In a week, Bitcoin's miner subsidy incentive will halve from 6.25 BTC to 3.125 BTC per block. Bitcoin mining difficulty is at an all-time high before the halving, signaling more activity. The next Bitcoin halving event is in its last week, with 1,000 blocks left. Bitcoin's typical block creation time is 10 minutes, thus the halving should happen about 9 a.m. UTC on April 20. Halving occurrences are scheduled every 210,000 blocks, or four years. Miners get 50% less bitcoins for each block of transactions they mine and contribute to the network after a halving event. Miners still get transaction fee incentives for each block. Three halving occurrences have reduced Bitcoin block subsidy inflation from 50 BTC to 25 BTC in 2012, 12.5 BTC in 2016, and 6.25 BTC in 2020. Only 21 million bitcoins will ever exist. Halving occurrences will continue until the final bitcoin is minted in 2140. From then on, miners will only collect transaction fees. Bitcoin mining difficulty rose 3.9% this week to an all-time high before the halving. This suggests miners are raising their hash rate before the block subsidy reward cut. Mining a new block in Bitcoin is tough. It adjusts every 2016 blocks, or two weeks, to find a new block every 10 minutes regardless of active miners. Bitcoin's hash rate, a measure of miners' computing power, set a seven-day moving average record high of 629.75 EH/s. Since Bitcoin's price has risen this year, miner incomes have grown, but the effect of the subsidy cut on less efficient mining operations and network metrics remains unknown. These occurrences generally precede large Bitcoin bull runs, while there is no clear cause-and-effect link. Two of three prior halvings caused prices to rise one and three months later, according to analysts. In all three halvings, prices rose nine and 12 months later. #BullorBear #BTC $BTC
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🔥🔥Cryptocurrency Liquidations Approach $1 Billion in a Day, Driving Down Prices of Bitcoin and Altcoins🔥🔥 A sudden drop in Bitcoin and other cryptocurrencies caused large liquidations on April 12. This broad price drop has several possible causes, including a recent US stock market slump. Hourly Crypto Flash Crash Liquidates Nearly $500 Million Bitcoin fell 4.49% to $66,052 last day, according to CoinMarketCap. As predicted, BTC's collapse affected the market, with Ethereum and Solana losing 8.12% and 12.16% daily, respectively. Coinglass data shows that 277,843 traders lost leverage holdings as total crypto liquidations hit $877.21 million in the previous 24 hours. Traders lost $94.24 million on short positions and $782.98 million on long holdings. As prices fell, $467 million in leverage positions were liquidated in an hour. The biggest liquidation order was $7.19 million in the ETH-USD market on OKX, while Binance had the most liquidations at $369.85 million. The S&P 500 index fell 1.6% to $5,108, matching Bitcoin's price drop. In March, CPI data showed inflation rising to 3.5% year over year, before this market catastrophe. Such reports simply suggest that the US Federal Reserve (Fed) may not reduce rates soon to lower inflation to its yearly objective of 2%. This prognosis is adverse for the crypto market since Fed rate reduction enable investors to comfortably pursue riskier assets like BTC with high payouts. Bitcoin Network Grows As Halving Approaches Positively, Bitcoin has more non-empty wallets before the April 19 Halving event. Santiment reported 370,000 more BTC wallets with active coins in the previous six days. The analytic team is encouraging investors to continue accumulating throughout the Bitcoin halving event. Bitcoin traded at $66,882 with a 44.80% rise in daily trading volume to $43.80 billion. Bitcoin's price has fallen 1.33% and 6.20% in the previous seven and 30 days, respectively. #bitcoinhalving #BullorBear #BTC $BTC $BNB $ETH
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#Dogecoin price may rebound 25% as market looks to find bottom. Dogecoin fell 15% following the Friday crypto market crash. $DOGE may recover 25% if Bitcoin recovers. The hammer candle is a caution to the thesis, which would fail below $0.1606. Dogecoin (DOGE) led the meme currency sector drop as markets followed Bitcoin (BTC) in the Friday slaughter. The downturn may allow traders to acquire DOGE at a discount before the BTC halving, as markets remain optimistic. Dogecoin is down roughly 15% in the Bitcoin price crash. It has driven cryptocurrencies and meme coins to -20% losses. The plunge has not affected bitcoin market sentiment as Q2 2024 gains speed. All eyes are on the having, so the industry has lot to look forward to in the coming week and months. Dogecoin is above a key support level shown by the ascending trendline. With a hammer candle, DOGE may bounce off at this support barrier, which has twice offered a buying opportunity. For laypeople, a hammer candle is a bullish reversal pattern with a tiny body at the top and a lengthy lower shadow or wick. It appears when the asset's price has been falling, indicating that sellers are capitulating as the market seeks a bottom. It also means buyers are entering to raise the price. This may indicate traders to purchase or sell the item. Adding RSI to this bullish technical setup reinforces the bullish argument. On the RSI chart below, purple accents suggest the RSI is defending the 45 level, a move observed before March 19. Dogecoin may rebound to the 50% Fibonacci placeholder at $0.1946 if the RSI stays above 45. This would be 15% higher. The Awesome Oscillator (AO) being positive supports the aforementioned premise. A Bitcoin price surge might spur additional purchase orders, allowing Dogecoin to retake the $0.2287 local peak. Regaining $0.2100 would be the first indicator. However, if selling pressure rises, Dogecoin price might go below $0.1606, undermining the bullish thesis and boosting the possibilities of additional decline below $0.1283. #bitcoinhalving #elonmusk
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