Every 2,016 blocks, the Bitcoin protocol alters the algorithm’s difficulty, adjusting it up or down depending on how long it took, on average, for the network to find the previous 2016 blocks. If the hashrate has fallen, difficulty declines, which speeds up block creation. That brings it back to the average 10 minutes per block that the system is designed to sustain over time … [Read more...] about Supply Chain Problems? Bitcoin Don’t Care
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This crucial Bitcoin metric reached a high. But traders don’t seem to care
Bitcoin spot exchanges outflow transaction count hit a year high, data from CryptoQuant, a popular on-chain data analysis tool for Bitcoin and other cryptocurrencies, showed.$BTC spot exchanges outflow transaction count hits a year highView chart?https://t.co/GMN0Qjtjqy pic.twitter.com/pBXnnngBaQ— CryptoQuant.com (@cryptoquant_com) July 6, 2021As the network re-adjusted its … [Read more...] about This crucial Bitcoin metric reached a high. But traders don’t seem to care
BTC price doesn’t care about El Salvador? 5 things to watch in Bitcoin this week
Bitcoin (BTC) begins another week below $40,000 but with two major new landmarks under its belt.After falling over continued FUD from China over the weekend, Bitcoin adoption has also seen an unexpected first — from El Salvador and Paraguay.With the world potentially about to greet its first two “Bitcoin nations” in history, there’s plenty to be bullish about, but can BTC price … [Read more...] about BTC price doesn’t care about El Salvador? 5 things to watch in Bitcoin this week
What it is & Why Traders Should Care
Implied volatility, synonymous with expected volatility, is a variable that shows the degree of movement expected for a given market or security. Often labeled as IV for short, implied volatility quantifies the anticipated magnitude, or size, of a move in an underlying asset.WHAT IS IMPLIED VOLATILITY?Implied volatility is a number displayed in percentage terms reflecting the … [Read more...] about What it is & Why Traders Should Care