More than 15 MILLION #ETH are “locked” in their Staking, where:
🟦 5.1 MILLION ETH are priced below $1500
🟥 6.7 MILLION ETH is between $1,500 and $3,000
🟧 3.4 MILLION ETH at a price greater than $3000
All these ETH will be able to be sold very soon…⚠️
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⛏️ The first price in New Liberty Standard was defined based on the operating costs of the mining computers.
From that moment on, the price of BTC began to fluctuate, giving way to the first Exchanges and starting the great history of the Bitcoin price 🚀
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DID YOU KNOW? 👀
#Bitcoin began its history without having any kind of commercial value ‼️
🤯 When the first block was completed, only Satoshi and a small group of CypherPunks knew about Bitcoin.
BUT, which was the initial price of Bitcoin? 👇
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🪙 The first accepted price of Bitcoin was set on a little-known website called New Liberty Standard, which functioned as a P2P #BTC exchange
📍 In October 2009, the New Liberty Standard set a reference price of 1,309 BTC per $1.
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WHY IT IS IMPORTANT?
📈 The Hashrate keeps increasing as more or better mining machines are connected. Accordingly, the difficulty is adjusted upwards.
🧨 The competition between miners intensifies as it has never been so difficult to validate a block... 👀
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⛏️ MINING DIFFICULTY HITS NEW HIGHS ‼️
After a new adjustment, the mining difficulty has increased by 9.95% reaching new highs.
Only the most efficient miners will remain competitive 👇
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WHAT IS MINING DIFFICULTY?
Indicates how difficult it is to find the hash of a block.
🎯 It is automatically adjusted every 2016 in synchronization with the Hashrate of the network in order to maintain the production of blocks in an average of 10 minutes.
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HOW TO INTERPRET THESE LEVELS?
❌ When investors become too greedy (extreme greed) they take greater risks, making Bitcoin overbought.
☝️ If investors get too greedy we must be cautious.
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⚠️ FEAR AND GREED INDEX REACHES GREED ‼️
The famous "Fear and Greed Index" has returned to GREED levels not seen since March 2022.
🤯 The last time the index indicated GREED Bitcoin was still struggling with $50,000.
IS THIS INDEX USEFUL FOR INVESTORS? 👇
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The Fear and Greed Index takes different variables to measure market sentiment, with the idea of demonstrating that:
🟥 BTC is oversold when investors feel afraid.
🟩 BTC is overbought when investors feel GREEDY.
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📍 WHAT DOES THIS MEAN?
More and more users keep their BTC with a long-term approach. Therefore, the offer available to be bought will tend to be lower.
👀 However, we must be alert to profit taking by long-term hodlers.
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⚠️ RECORD NUMBER OF HODLERS ‼️
Despite Recent Price Rises, Bitcoin Hodlers Remain Stronger Than Ever…
🤯 The data reflects that HALF of the #Bitcoin supply has not moved in the last two years.
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⚠️ Hal Finney commented: "We are very lucky to be at the beginning of a possibly explosive new phenomenon."
And boy was it explosive… 12 years later, Bitcoin has already risen more than 2,287,000%
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🏆 YESTERDAY WAS A HISTORIC DAY FOR BITCOIN 🤯
#Bitcoin started its history without having any kind of value, but 12 years ago, on February 9, 2011, the BITCOIN PRICE reached the value of $1.
1 BTC = 1 USD ‼️ Here we tell you a great anecdote about this special day 👇
👀 LESS THAN 20 USERS came together to celebrate the event, and not surprisingly, they discussed the price of #BTC
⭐️ Hal Finney, the first person to receive a Bitcoin transaction, was one of them, and his comments predicted what was to come.
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📍 BUT IS IT A PROFITABLE INDICATOR?
The buy signal from the Golden Cross has appeared 8 times on #Bitcoin's daily charts, 5 of which have led to bullish rallies after the crossing of the moving averages.
Do you trust the Golden Cross? 👀
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⚠️‼️ THE GOLDEN CROSS OCCURS IN BITCOIN 🚀
The renowned GOLDEN CROSS occurred in #Bitcoin, one of the most popular bullish breakout technical signals.
But is it really effective? 🧵👇
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📍 WHAT IS THE GOLDEN CROSS?
🔀 It's a technical indicator that gives signals when the 50 DMA crosses above the 200 DMA.
📈 Usually, the Golden Cross is interpreted as a signal that the price of Bitcoin is ready for a sustained uptrend.
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📍 How is the amount of active developers measured?
Number of GitHub users who contributed more than 1 repository to the project in the last 30 days.
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💥 ¡THE DEVELOPMENT LEVEL IS EXPLODING! 🚀
Development level is key to projecting the future of any project. Currently, the blockchains with the most active developers are:
🥇 Ethereum
🥈 Polkadot / Kusama
🥉 Cardano
BUT, why are they important?
💻 Developers provide solutions, implement new features, optimize performance, and much more.
🏆 It's no coincidence that the great projects of tomorrow are developed during bear markets 😉
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