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➡️ Follow @Bitcoins to get latest news, Fundamentals and TA about bitcoin and the crypto market.
The range of bitcoin prices is closely linked to the decline in whale interest.
@bitcoins
MicroStrategy increases bitcoin holdings by 2,500 and now holds 132,500 BTC. They now hold 132,500 bitcoins at an average price of ~ $30,397 BTC.
@bitcoins
Satoshi Nakamoto opened a bank account for 8 billion people...
@bitcoins
Did you know that India 🇮🇳 ranks third in terms of Bitcoin adoption?
@bitcoins
This is how Bitcoin OTC looked like in 2010 – for example, OGs sold 5000 BTC at €0.136 🤯
@bitcoins
The hashrate of the Bitcoin network at the moment fell by more than 38.8%, from 230 EH/s to 155 EH/s. It happened due to a snowstorm in the US, which cut off power lines and stopped the work of the miners.
Riot Blockchain, Core Scientific, Compass Mining and other major mining companies have stopped their miners.
@bitcoins
Bitcoin under $20k is the best Christmas present 🎁 we could have asked for! 🤗
@bitcoins
There will only ever be 21M Bitcoin.
It is estimated that ~2M are lost.
With 8B people on earth, that leaves 0.002 Bitcoin per person.
Don’t get left behind 👀
@bitcoins
Do you remember this classic?
We laughed at the idea of sending letters over the internet the same we laugh at sending money over Bitcoin today.
@bitcoins
📈 According to Glassnode, self-custody continues to evolve.
📉 Bitcoin balances on exchanges dropped to 2.2m updating almost a 5-year low.
@bitcoins
From the standpoint of Wycoff distribution, there is no way for Bitcoin to drop any further.
@bitcoins
🔎 According to Santiment, traders are having hard times now, with 2022 risking to become a historically unlucky year for investors.
▪️ Since the beginning of 2022, Bitcoin has lost 68%, and Ethereum 71%.
▪️On the 30-day time frame the situation seems to became similar to 2018 and 2019 months.
More: https://insights.santiment.net/read/mid-month-december-report-traders-are-skeptical-will-you-be-a-buying-receptacle-7140?utm_source=twitter&utm_medium =post&utm_campaign=twitter_mid_month_december_report_b_121922/&fpr=twitter
@bitcoins
🔎 Global interest for the most populat cryptos continued to decline over the past year.
📊 Bitcoin has dropped from 100 (the peak of popularity in December 2017) to 17 points this month.
👆However, don't forget the golden rule: the more people are disappointed in cryptocurrencies, the more chances there are for an uptrend.
@bitcoins
Yes, Bitcoin cannot do the same... Probably, it's the only thing $BTC cannot do.
@bitcoins
📉 Bitcoin volatility index fell to its all-time low at 11.46 today.
@bitcoins
📉 According to the Hashrate Index, since May 2022, the prices of the most efficient ASIC miners (Antminer S19 and Whatsminer M30s) have fallen by 87%.
The drop in prices is largely due to the collapse of a number of major mining companies, many of which have filed for Chapter 11 bankruptcy or sold their assets and equipment to stay afloat.
https://data.hashrateindex.com/asic-index-data
@bitcoins
🎄Below is the price for 1 Bitcoin on Christmas of each year since BTC was created:
2008: $0 (During this period, no one knew about BTC. Only the bitcoin.org domain was registered and the blockchain was being developed.)
2009: $0.0007
2010: $0.25
2011: $4
2012: $13
2013: $651
2014: $330
2015: $453
2016: $899
2017: $13,611
2018: $4,124
2019: $7,318
2020: $23,475
2021: $50,825
2022: $16,832
@bitcoins
This year, Bitcoin contracted more than 15%, month-to-month, for a record five times.
@bitcoins
Bitcoin is for everyone!
🇸🇻🇳🇱
🇦🇹🇧🇷🇨🇦🇨🇭🇨🇱🇩🇪
🇩🇰 🇪🇬 🇫🇷🇬🇷
🇭🇰 🇮🇱 🇮🇪🇮🇳
🇯🇵 🇰🇷 🇱🇹🇳🇴
🇳🇬🇵🇪 🇵🇰🇵🇱🇵🇹
🇸🇪 🇺🇸 🇹🇷🇺🇬
🇧🇴 🇿🇼 🇧🇸🇧🇹
🇧🇻 🇨🇺 🇪🇸🇬🇧
🇬🇹🇭🇷🇻🇳🇮🇩🇮🇷🇯🇲
🇮🇹 🇸🇪
@bitcoins
Microstrategy have $2.2B in BTC. Apple, Alphabet, Microsoft and Berkshire Hathaway have $417B in cash. Imagine what happens when these understand bitcoin.
@bitcoins
From July 2021 to June 2022 in North America, DeFi accounted for 37% of total transactions, indirectly reducing Bitcoin dominance.
https://go.chainalysis.com/geography-of-crypto-2022-report.html
@bitcoins
Bitcoin mining giant Core Scientific $CORZ to file for bankruptcy.
“The company will not liquidate, but will continue to operate normally while reaching a deal with senior security noteholders, which hold the bulk of the company’s debt, according to this person, who declined to be named discussing confidential company matters.“
The stock of the company has lost most of its value this year. From trading above $10 at the beginning of the year to dropping down to $0.21, CORZ has noted a 98.02% haircut.
@bitcoins
Comparison of the world’s economies to the crypto market.
@bitcoins