➡️ Bitcoin retesting 35K levels.
➡️ Bitcoin dominance is below 52% again.
➡️ Altcoins are comparatively holding price, expect a bounce in alts if #BTC ranges here
➡️ Keep eyes on $MATIC, $TIA, $ORDI
➡️ Bitcoin dominance is below 52% again.
➡️ Altcoins are comparatively holding price, expect a bounce in alts if #BTC ranges here
➡️ Keep eyes on $MATIC, $TIA, $ORDI
Thoughts on $BTC
$BTC can recover from here, but I feel like $31k retest is still on the cards
Yest's drop reminds me of Sep '21 correction that allowed BTC to smash previous ATHs of $61k and set up a new one at $69k
ideal scenario = drop to $31.5k then a run-up to $46.4k
$BTC can recover from here, but I feel like $31k retest is still on the cards
Yest's drop reminds me of Sep '21 correction that allowed BTC to smash previous ATHs of $61k and set up a new one at $69k
ideal scenario = drop to $31.5k then a run-up to $46.4k
What does it cost to operate a blockchain?💲
> Pay validators to secure the network
> Other operational expenses like salaries
> Ecosystem funding and general growth
Below is a table of some of the larger L1/L2 chains and their respective fees and expenses (token emission).
While these metrics can improve over time as inflation decreases, it's clear Ethereum is the leader in terms of income relative to costs.
In short, Ethereum generates $2.07 in fees for every $1 of ETH inflated.
Only other chain with positive cash flow currently is Tron.
How does this table make you feel?
Source
@tokenterminal
> Pay validators to secure the network
> Other operational expenses like salaries
> Ecosystem funding and general growth
Below is a table of some of the larger L1/L2 chains and their respective fees and expenses (token emission).
While these metrics can improve over time as inflation decreases, it's clear Ethereum is the leader in terms of income relative to costs.
In short, Ethereum generates $2.07 in fees for every $1 of ETH inflated.
Only other chain with positive cash flow currently is Tron.
How does this table make you feel?
Source
@tokenterminal
#BitMart will list Gas (GAS) on our digital assets platform on Nov 16, 2023 🤩
💰Trading pair: $GAS/USDT
💎Deposit: Estimate 11/17/2023
💎Trading: 11/16/2023 07:00 UT
Trade on tamilbtc.com/bitmart
💰Trading pair: $GAS/USDT
💎Deposit: Estimate 11/17/2023
💎Trading: 11/16/2023 07:00 UT
Trade on tamilbtc.com/bitmart
Flexible Crypto Loan Learning Course #7 is Now LIVE!
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Duration: Nov. 16th, 02:00 - Nov. 20th, 15:59 (UTC)
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Participate here👉 https://gleam.io/4oyDK/flexible-crypto-loan-learning-course-7
#Gateio #GiveawayAlert #CryptoLoan
📢 New Listing
$ATOR Gets Listed on #KuCoin!
💎Pair: ATOR/USDT
💎Deposit: now open (network: ERC20)
💎Trading: 10:00 AM on November 16, 2023 (UTC)
Trade on tamilbtc.com/kucoin
$ATOR Gets Listed on #KuCoin!
💎Pair: ATOR/USDT
💎Deposit: now open (network: ERC20)
💎Trading: 10:00 AM on November 16, 2023 (UTC)
Trade on tamilbtc.com/kucoin
1️⃣Hold 1,000 $MX
2️⃣In the APP, go to #Kickstarter and #Launchpad
3️⃣Quick Commit to grab them all!
Get all on tamilbtc.com/mexc
2️⃣In the APP, go to #Kickstarter and #Launchpad
3️⃣Quick Commit to grab them all!
Get all on tamilbtc.com/mexc
#Bitcoin Blue Year is now only 12 days away (Nov 28th) according to BitTime/ The Halving Cycles Theory...
Is the bull market here?
Yes!
Orange Bear Market years only last 1 year, and we're in a white cycle which has much more steady accumulation.
Both black cycles have put in wild swings to the upside mid-way through Green Year, then spending the other half correcting.
Different people have different definitions of bull market, but I see it as a consistent uptrend, which we are in.
BitTime says that all cycles follow each other closely, but even more precisely when they alternate.
This means good steady gains just like 2016, until we reach Nov 28th, 2024 Red Year where the real fun starts.
A sideways period is scheduled for early next year on BitTime after our current move is complete, second early top in June 2024.
I have this projected at 47k but this is subject to change based on price action between now and then.
Bitcoin just keeps on rhyming 🎶
Is the bull market here?
Yes!
Orange Bear Market years only last 1 year, and we're in a white cycle which has much more steady accumulation.
Both black cycles have put in wild swings to the upside mid-way through Green Year, then spending the other half correcting.
Different people have different definitions of bull market, but I see it as a consistent uptrend, which we are in.
BitTime says that all cycles follow each other closely, but even more precisely when they alternate.
This means good steady gains just like 2016, until we reach Nov 28th, 2024 Red Year where the real fun starts.
A sideways period is scheduled for early next year on BitTime after our current move is complete, second early top in June 2024.
I have this projected at 47k but this is subject to change based on price action between now and then.
Bitcoin just keeps on rhyming 🎶
FACT: 🇸🇻 El Salvador has been buying 1 #Bitcoin every day for exactly 1 year - starting at the bottom of the bear market!
Legendary! 🙌
Legendary! 🙌
The Trader Joe frontend, the largest DEX on Avalanche, was tampered with and the contract address was replaced with a phishing address. Officials stated that there are potential vulnerabilities in the JavaScript code in the third-party analysis plug-in used on the front end. The relevant code has been deleted and the host is still safe.
[MEXC Launchpad Airdrop] Register Now for ZERO Launchpad
📣[Airdrop] MEXC Will Launch the Launchpad with ZERO (MEOW)
⏰Registration Period: 2023-11-17 10:00 - 2023-11-22 10:00 (UTC)
👇🏻Registration Eligibility:
Hold at least 1,000 MX or more for 30 consecutive days before 2023-11-16 16:00 (UTC)
TamilBTC.com/mexc
📣[Airdrop] MEXC Will Launch the Launchpad with ZERO (MEOW)
⏰Registration Period: 2023-11-17 10:00 - 2023-11-22 10:00 (UTC)
👇🏻Registration Eligibility:
Hold at least 1,000 MX or more for 30 consecutive days before 2023-11-16 16:00 (UTC)
TamilBTC.com/mexc
💰 #Litecoin just reached a massive milestone, hitting more than 1 million transactions in one day on the 14th of November.
Not only is it a new all-time high for Litecoin $LTC, it's also nearly twice as many transactions as Bitcoin on that day.
Not only is it a new all-time high for Litecoin $LTC, it's also nearly twice as many transactions as Bitcoin on that day.