-
Tuesday 19th November 2024
F&G: 90Price: $90-93.9k (or) £71-74kHashrate: 757 EH/sReachable Nodes: 19,338 I’ve been harping on about supply and demand for a few days now. But this is because it really is one of the biggest factors that determines Bitcoin’s price. The white line of the chart above shows the price of bitcoin. The blue line traces the…
-
Monday 18th November 2024
F&G: 83 (Extreme Greed)Price: $88 – 92k (or) £69-73kHashrate: 733 EH/sReachable Nodes: 19,332 (Average 18,092) I’ve started to include the reachable nodes figure in these updates and I will be writing about the role that nodes play in the future. As you can see from the chart above, the hashrate has begun to climb again.…
-
Sunday 17th November 2024
F&G: 90Price: $89-91k (or) £70-72kHashrate: 733 EH/s Number of Reachable Nodes: 19137 The Fear & Greed Index has reached 90. This means that the market is very greedy for bitcoin and can be used as a signal that something is overbought and awaiting a correction. People are greedy for bitcoin right now. Evidence of this…
-
Saturday 16th November 2024
F&G: 86Price: $90 – 91.9k (or) £71.2k – 72.7kHashrate: 722 EH/s
-
Friday 15th November 2024
F&G: 80Price: $86-90k (or) £68-71kHashrate: 709 EH/s I saw on X today that Solidion Technology – a US based company that produces battery technology – just announced their plans to convert something like 60% of their cash flow into bitcoin with the intention of keeping it as a bitcoin treasury for the company. Below is…
