Good morning!
#Bitcoin finally broke through the $70,000 mark this morning. I'm thrilled, but as a Bitcoin miner, there’s a bit of mixed feelings and unease too. Hashrate has also risen for the second day in a row 🥲
Date and Time:
Oct 29, 2024 00:00:03 (UTC)
2024年10月29日 09:00:03 (日本時間)
Bitcoin Price:
US$ 69,899.14 (+2.89%)
JPY 10,708,925 (+3.07%)
Hash Rate: 798,993.87 EH/s (+5.00%)
Mining Difficulty: 95.67 T (+0.00%)
#Bitcoin #BTC #BTCUSDT #BTCUSD
Good morning! #Bitcoin finally broke through the $70,000 mark this morning. I'm thrilled, but as a Bitcoin miner, there’s a bit of mixed feelings and unease too.
Good morning. In yesterday's election in Japan, the ruling party lost ground, and unfortunately, none of the parties addressed core economic issues or explained funding for their promised handouts. It leaves us even more worried about Japan’s future, and it’s getting harder to have faith in the yen as a stable currency.
Meanwhile, #Bitcoin has climbed back to the $68,000 range. #Hashrate is also up, but let’s take it as a sign of a stronger Bitcoin network. Let’s keep pushing forward this week!
#BTC #BTCUSD #BTCUSDT
Date and Time:
Oct 28, 2024 00:00:04 (UTC)
2024年10月28日 09:00:04 (日本時間)
Bitcoin Price:
US$ 67,933.30 (+1.38%)
JPY 10,390,007 (+1.83%)
Hash Rate: 760,946.54 EH/s (+10.34%)
Mining Difficulty: 95.67 T (+0.00%)
#Bitcoin #BTC #BTCUSDT #BTCUSD
GM! Yesterday, crypto prices took a big hit, but as always, #Bitcoin is bouncing back the quickest!!!
#BTC #BTCUSD #BTCUSDT
Date and Time:
Oct 27, 2024 00:00:04 (UTC)
2024年10月27日 09:00:04 (日本時間)
Bitcoin Price:
US$ 67,009.85 (+0.58%)
JPY 10,203,320 (+0.54%)
Hash Rate: 689,607.80 EH/s (-7.05%)
Mining Difficulty: 95.67 T (+0.00%)
#Bitcoin #BTC #BTCUSDT #BTCUSD
Following rumors that the U.S. government is investigating Tether, the prices of #USDT and #USDC, which had previously been below $1, have now exceeded $1.
USDT, a leading stablecoin (a cryptocurrency pegged to a traditional currency like the U.S. dollar for stability), had been trading at a higher value than USDC, the second-largest stablecoin by market cap, issued by Circle. However, due to last night’s turmoil, their prices have now flipped.
#BTC #Bitcoin
Last night, news broke that the U.S. government is investigating Tether, the company that issues #USDT, causing some turbulence in the crypto market. So, let’s take a moment to summarize what USDT is and its current status.
USDT is the third-largest cryptocurrency by market cap, after #Bitcoin ($1.7 trillion) and #Ethereum ($290 billion), with a market cap of $120 billion. It’s issued by Tether based on U.S. dollar reserves.
Although Tether’s website does not provide a head office location, according to Wikipedia, the company is registered in the British Virgin Islands. Similar to the world’s largest crypto exchange, Binance, Tether may be intentionally avoiding declaring its headquarters location, saying it operates ‘on the internet’ to steer clear of U.S. regulations.
USDT is widely used on many blockchains like Ethereum, and it's practically the most commonly used cryptocurrency for international settlements. Bitcoin trades with USDT surpass Bitcoin-USD trades in volume.
Even with news circulating about BRICS countries potentially launching a new international currency, people in those countries still prefer the U.S. dollar. That’s one reason why USDT is widely used for settlements outside the U.S.
Among the different types of USDT, the one circulating on the #Tron blockchain is particularly popular. Tron was founded by Justin Sun (孙宇晨) from China, and its recent quarterly protocol revenue (blockchain usage fees) reached a record $150 million.
Lately, some U.S. crypto exchanges have delisted USDT, citing that it isn’t approved for use in the U.S.
Given these facts, along with the geopolitical developments like the BRICS meetings and the news of Iran’s attack on Israel last night, it’s no surprise that USDT’s price reacted sharply.
As Tether strongly rebuts in the reposted tweet, they claim the rumors are baseless.
That said, when such rumors surface, especially when they might not be entirely unfounded, it’s hard to justify holding assets in USDT.
This is where #Bitcoin stands strong, as it’s free from these concerns!
Hello!
The crypto market is quite turbulent today, but #Bitcoin has the smallest drop among the major cryptocurrencies!
As a miner, I actually feel more at ease with this level of decline. Now, if only the hash rate could settle down a bit more.
#BTC
Date and Time:
Oct 26, 2024 00:00:04 (UTC)
2024年10月26日 09:00:04 (日本時間)
Bitcoin Price:
US$ 66,624.69 (-2.27%)
JPY 10,148,509 (-1.93%)
Hash Rate: 741,922.88 EH/s (+9.09%)
Mining Difficulty: 95.67 T (+0.00%)
#Bitcoin #BTC #BTCUSDT #BTCUSD
GM! Bitcoin’s price is on the rise again today! And the hash rate has dipped a bit too! "I'm feeling good about it!
Date and Time:
Oct 25, 2024 00:00:05 (UTC)
2024年10月25日 09:00:05 (日本時間)
Bitcoin Price:
US$ 68,171.65 (+2.25%)
JPY 10,347,748 (+1.61%)
Hash Rate: 680,095.97 EH/s (-5.30%)
Mining Difficulty: 95.67 T (+0.00%)
#Bitcoin #BTC #BTCUSDT #BTCUSD
Good afternoon! Bitcoin’s price is taking a break, and it feels more calming this way. I just wish the hash rate would settle down a bit too.
#BTC #Bitcoin #BTCUSD #BTCUSDT #hashrate
Date and Time:
Oct 24, 2024 00:00:04 (UTC)
2024年10月24日 09:00:04 (日本時間)
Bitcoin Price:
US$ 66,671.00 (-1.02%)
JPY 10,184,178 (+0.02%)
Hash Rate: 718,143.30 EH/s (+9.42%)
Mining Difficulty: 95.67 T (+0.00%)
#Bitcoin #BTC #BTCUSDT #BTCUSD
Just FYI. It's really fun! 😄
For those unfamiliar with It’s Tough Being a Man (Otoko wa Tsurai yo), this Japanese movie series holds the Guinness World Record for the longest-running film series starring a single actor 😅
Mining difficulty keeps climbing like this... it’s tough being a miner. Really hoping it doesn’t turn into a situation like the long-running Japanese movie series "It’s Tough Being a Man" (Tora-san)!
#BTC #Bitcoin #BTCUSD #BTCUSDT
