Does anyone get better MH/s?! If so please show me!
submitted by /u/henje21 [link] [comments]
submitted by /u/henje21 [link] [comments]
Bitcoin traders say $43,600 needs to be regained to restore the bullish uptrend, but BTC futures and options data are showing signs of distress.
While celebrities and athletes have been jumping into the non-fungible token (NFT) scene headfirst, a large quantity of music acts have also entered the NFT industry. On Tuesday, a lineup of world-famous DJs are being represented in a newly launched NFT collection called Djenerates. The NFT collection is supported by prominent DJs like Carl Cox, […]
Some are still super bullish on Bitcoin. I’m all about hopium and even though there’s volatility in the market, other indicators suggest $100k is still possible, or even far behind $100k. So, if Bitcoin hits $100k this year, I will eat Surströmming and will film it for your amusement. Surströmming is canned fermented fish from…
Read more
Hi guys, in this post I will be talking about how you will be able to earn free crypto in 2021 through completing surveys. I hope you all find this informative 🙂 contents: A bit about my survey journey Survey site number 1 Survey site number 2 Survey app number 3 Survey site number 4…
Read more
submitted by /u/AD1AD [link] [comments]
I have only ever used Nicehash. Now, I want to start mining RVN outside of Nicehash. My rig has two gpus, one Nvidia, and one AMD. I may very well add a third gpu to it with an upgraded or a 2nd connected psu. For now, I just want to mine with one card. How…
Read more
Larry Fink, chief executive officer of BlackRock, said in July that the company was seeing “very little in terms of investor demand” for cryptocurrencies.
submitted by /u/Aware_Ad_5870 [link] [comments]
On-chain data shows whale ratio has exceeded the 0.50 mark, historically a sign that whales are dumping in the short term. Bitcoin Whales Have Started Selling Their Coins As pointed out by a CryptoQuant post, the Bitcoin whale ratio has started going up above the 0.50 level. This signal has usually meant a bearish outlook for the crypto in the short term. The BTC all exchanges whale ratio is an indicator that gives an estimation of how many whales are sending their coins to exchanges. The metric does so by taking the sum of the top 10 transactions to each exchange and dividing it with the total inflow on all exchanges. Exchange Whale Ratio= Sum of Top 10 Exchange Inflow TXs (BTC) ÷ Total Exchange Inflows in BTC The “inflow” is another indicator, it gives the total amount of Bitcoin entering into exchange wallets from personal ones. When the whale ratio rises, it means the top 10 transactions to exchanges are taking up a larger part of the total BTC going into these exchanges. This means more whales have started sending their coins to exchanges, either for withdrawing to fiat or stablecoins, or for purchasing altcoins. On the other hand, when the value moves down, it means the general small transactions make up the majority of the inflows to exchanges, and that Bitcoin whales aren’t moving their coins around at this time. Related Reading | Could A Bitcoin Bull Flag Leave Bears Blindsided Here is a chart showing the trend in the value of the indicator over the past year: The Bitcoin whale ratio has once again started climbing up | Source: CryptoQuant As the above graph shows, the whale ratio has soared many times in the past year, and whenever it has, a crash in the price of the coin has also followed shortly after. Related Reading | JPMorgan Analysts Say That Big Money Are Dumping Bitcoin For Ethereum Looks like the whale ratio has once again started to move up as its value now crosses 0.50. This could indicate that BTC might move down next in the short term at least. BTC Price At the time of writing, Bitcoin’s price floats around $42k, down 3% in the last seven days. Over the last month, the crypto has lost 13% in value. The below chart shows the trend in the price of the coin over the last five days: BTC’s price seems to have crashed down once again | Source: BTCUSD on TradingView After showing some recovery from the crash due to news about China’s ban, Bitcoin has once again crashed down back to $42k after going up near $44.5k. If the whale ratio is anything to go by, the price might continue to move further down in the short term. Maintaining above $40k is going to be crucial for any big moves forward.