Since the last Bitcoin halving:
- Hash rate up 78x
- Exchange volume up 77x
- Miner revenue up 15x
- Market cap up 15x
- Price up 15x
Impressive 4 year run.
- Hash rate up 78x
- Exchange volume up 77x
- Miner revenue up 15x
- Market cap up 15x
- Price up 15x
Impressive 4 year run.
#Bitcoin fundamentals are stronger than ever.
As the halving approaches, let's zoom out and look at how on-chain fundamentals have developed historically, and how they compare to the last halving.
TL;DR – Network fundamentals are compelling; long-term bullish $BTC
THREAD Down pointing backhand index 👇
https://twitter.com/n3ocortex/status/1259584098932318208?s=20
As the halving approaches, let's zoom out and look at how on-chain fundamentals have developed historically, and how they compare to the last halving.
TL;DR – Network fundamentals are compelling; long-term bullish $BTC
THREAD Down pointing backhand index 👇
https://twitter.com/n3ocortex/status/1259584098932318208?s=20
Twitter
Rafael Schultze-Kraft
1/ #Bitcoin fundamentals are stronger than ever. As the halving approaches, let's zoom out and look at how on-chain fundamentals have developed historically, and how they compare to the last halving. TL;DR – Network fundamentals are compelling; long-term…
As of block 630,000, 87.5% of all BTC has been mined. Only 2,625,000 BTC left to mine!
BREAKING NEWS: JPMorgan Provides Banking Services to Crypto Exchanges Coinbase and Gemini.
Their CEO once said - "Bitcoin is fraud"
Reminds me of this - "First they ignore you, Then they laugh at you, Then they fight you, Then they join you, Then you win"
Their CEO once said - "Bitcoin is fraud"
Reminds me of this - "First they ignore you, Then they laugh at you, Then they fight you, Then they join you, Then you win"
The amount of BTC held by BitMEX and Bitfinex has reached new lows following the March 12th crash.
Meanwhile, the amount of ETH held on Bitfinex continues to climb to new highs.
Meanwhile, the amount of ETH held on Bitfinex continues to climb to new highs.