According to Glassnode, recently, the hashrate of the entire #Bitcoin network has dropped from a maximum of 272 EH/s to 238 ETH/s, a drop of about 13%.
#USDT DOMINANCE It is moving in an ascending channel that has reached the top of it and reacted to it. It is now trying to hold above the support so that it can reach the top of the channel again, otherwise it will decrease according to the downtrend line to the bottom of the channel.
#Binance announced it has acquired 100% of #SakuraExchange BitCoin (SEBC), the Japanese-registered crypto exchange service provider.
#KNC downward trend line is broken and it seems to be hitting a pullback, in which case we will see more growth, and it is also possible to move inside the specified box for some time.
#ATOM is being bounced off the strong support around $8.73 - $9.13. forming a inverse head & shoulder pattern and also reached the bottom of the channel . Price breaking above the $10.85, will open the gates for potential upmove till $12.25 and above. Take you entries depending on market conditions.
There are two movement paths for #DYDX, both of which depend on the resistance of $2.05-$2.00. If the resistance is broken, it will move in path 1, which is more likely, and if the price cannot cross this resistance, it will follow path 2. will do.
#Glassnode Data
⚡️Since the Ethereum Merge, the total net coin issuance has been just +2,317 ETH.
⚡️A total of 131,454 ETH has been issued to PoS validators, whilst 129,137 ETH has been burned via EIP1559.
⚡️Since the Ethereum Merge, the total net coin issuance has been just +2,317 ETH.
⚡️A total of 131,454 ETH has been issued to PoS validators, whilst 129,137 ETH has been burned via EIP1559.
#ZEC has reached the bottom of the descending channel and there is a possibility of its growth to the top of the channel. In this direction, there is resistance in the area of $50.0-52.
#EGLD price has reached the support zone of $38.60-39.90. If the price can break through the small resistance area shown on the chart, we expect it to move in the indicated direction.
#Bitcoin analysis in continuation of what was said before. We expect it to grow to the resistance zone of $17,648-18,258. Because the price was able to break the small dynamic resistance.
#Ethereum price could not break through the resistance. Now it tries again. The probability of growth towards the downtrend line is increasing.