Bitbalance

KEY / USDT⚡️

There's nothing to say. Just another 57% profit.

🔥🔥🔥🔥

Here's how Bitcoin options traders might prepare for a BTC ETF approval

https://cointelegraph.com/news/here-s-how-bitcoin-options-traders-might-prepare-for-a-btc-etf-approval

Fantom price gains 100% after launching a 370M FTM incentive program

https://cointelegraph.com/news/fantom-price-gains-100-after-launching-a-370m-ftm-incentive-program

$LINK to $100

https://www.tradingview.com/x/6JhnxTkQ/

Fantom, Celo Gain Over 50% Amid the Continuous DeFi and NFT Mania

https://coingape.com/fantom-celo-gain-50-amid-continuous-defi-nft-mania/

BTC hashrate recovers nicely, and miners are still in net accumulation

BTC miners are regarded as "smart money" speculators, part of their business success depends on their ability to speculate BTC prices correctly, as it would make a big impact to their profitability.

Despite this industry-wide negative event, BTC miners have been net accumulating inventory since June 2021. This shows that BTC miners are at least expecting BTC prices to go higher than $48k in the future. BTC hash rates also in recovery as former Chinese miners begin mining again overseas.