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Microbt Plans to Launch Next-Gen Bitcoin Mining Machine With 1X Efficiency Rating
On September 19, 2023, Microbt, the manufacturer of bitcoin (BTC) application-specific integrated circuit (ASIC) mining rigs, revealed its intentions to introduce an innovative mining machine with an efficiency rating of 1X joules per terahash (J/T). This announcement from Microbt closely follows Canaan’s recent release of the A1466I, which also claims an efficiency rating of 1X J/T or approximately 19.5 J/T. Meanwhile, Bitmain is gearing up to launch a new series later this week, anticipated to align closely with this efficiency benchmark.
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Bitcoin Shatters Records With Over 703,000 Transactions Confirmed in a Single Day as Ordinal Inscriptions Soar
The count of Bitcoin Ordinal inscriptions is on an upward trajectory, with the tally now eclipsing a staggering 33 million. Additionally, a milestone was achieved on September 15, 2023, when the Bitcoin blockchain set a new record by registering an astonishing 440,760 inscriptions in a single day, out of a total of 703,692 transactions confirmed that day.
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TON Hits 7-Month High, After Rising 50% in the Last Week
Toncoin rallied to a fresh seven-month high on Tuesday, as Telegram founder Pavel Durov revealed more details about its recent partnership with the blockchain. Generally, the crypto market cap has been higher in the past days, mostly in anticipation of Wednesday’s Federal Reserve interest rate announcement. Solana surged above $20.00.
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Bitcoin Mining Hits Toughest Era: Record Difficulty and Hashrate Peaks Define September 2023
Bitcoin’s mining difficulty hit a record high after increasing 5.48% to 57.12 trillion. This rise signifies the need for a significant amount of computational power to discover blocks. Meanwhile, the network’s hashrate also reached a record high this past week.
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Crypto Fear & Greed Index
Each day, we analyze emotions and sentiments from different sources and crunch them into one simple number: The Fear & Greed Index for Bitcoin and other large cryptocurrencies.
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Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ETH successfully retested above the descending triangle with a decent volume and it also breakout the Ichimoku cloud. Currently, it is retesting above the Ichimoku cloud and an effective retest would confirm the continuation of the bullish move.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
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https://www.tradingview.com/chart/ETHUSDT/hPSSkcNZ-ETH-USDT-4HOUR-UPDATE-BY-CRYPTOSANDERS/
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Hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- BTC successfully retested above the descending triangle with a decent volume and it also breakout the Ichimoku cloud. Currently, it is retesting above the Ichimoku cloud and an effective retest would confirm the continuation of the bullish move.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
https://www.tradingview.com/chart/BTCUSDT/cinwZW3z-BTC-USDT-4HOUR-UPDATE-BY-CRYPTOSANDERS/
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Main dates to visit in September 🗓️
September 20: #FOMC meeting
28 September: GDP report
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From MATIC to POL: Polygon's 2.0 Upgrade Targets Internet-Level Scalability
Details have been released about Polygon’s upcoming upgrade, Polygon 2.0. The company, known for its Ethereum scaling solutions, has introduced a few Polygon improvement proposals (PIPs) as part of its shift to a network of interconnected zero-knowledge-powered chains.
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Users on Ethereum's Decentralized Polymarket Speculate on Biden's Impeachment
After the Republican House of Representatives speaker, Kevin McCarthy, directed the House to open an impeachment inquiry into Joe Biden, bettors on the cryptocurrency-powered Polymarket platform have started placing bets on whether Biden will be impeached by two specific dates. Currently, bettors are wagering against impeachment on or before two specific dates: September 30, 2023, and December 31, 2023.
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Hello, welcome to this BTC monthly update by CRYPTO SANDERS.
CHART ANALYSIS:- Current Market Status
The first fortnight of September has been largely non-eventful, with bitcoin mostly
consolidating below 26,500.
This comes as volatility in the market hovered close to a five-year low in August, with trading volume amongst exchanges falling by 52 billion.
as we move into the fall, there has been a slight rise in volatility, mostly led by a rise in both inflation and retail sales in the United States.
Markets have used this as confirmation that the Federal Reserve will hike rates later this week, which could lead to dollar strength.
September Outlook
https://www.tradingview.com/chart/BTCUSD/GQ3Erti9-Current-Market-Status-AND-September-Outlook/
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Bitcoin Price Outlook for September
After weeks of consolidation, bitcoin has started the second half of September in relatively bullish fashion. Prices have once again surged above the $27,000 level, which comes as traders attention turns to the upcoming Federal Reserve meeting. Prior to this, we explore how the price of bitcoin may move for the remainder of the month.
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1 708
hello, welcome to this BCH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Another big mover on Monday was Bitcoin Cash (BCH), which surged by as much as 5% in today’s session.
Following a low of 205.78 on Sunday, BCH/USD rallied to an intraday high of 221.88 to start the week.
bitcoin cash briefly broke out of a ceiling at 222.00, hitting a three-week high in the process.
This surge has pushed price strength to a collision with a resistance level of its own, at the 60.00 mark.
The index is tracking marginally above this point at 61.44, which is the highest area it has hit since July.
Should it continue to move past the aforementioned ceiling, there is a chance that BCH will be near 240.00 in the coming days.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
https://www.tradingview.com/chart/BCHUSDT/KNfz6MXE-BCH-USDT-1DAY-UPDATE-BY-CRYPTOSANDERS/
1 708
After reading the chart thoroughly if you find it right then please like the chat and comment in the opinion section.
1 708
hello, welcome to this SOL/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Solana bulls pushed the token toward the 20.00 level on Monday, as markets geared up for a key week of U.S. economic data
SOL/USD peaked at 19.95 to start the week, which comes following a low of 18.65 the day prior.
This surge in price pushed solana to its strongest level since September 8 when the price was last above 20.00.
Looking at the chart, the move comes as the 14-day relative strength index (RSI) rose above a key ceiling at the 49.00 mark.
the 50.45 mark with the next visible ceiling at 53.00
In the event price strength rallies beyond this point, SOL will likely be tracking around 20.50.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
https://www.tradingview.com/chart/SOLUSDT/8ILKyFr1-SOL-USDT-1DAY-UPDATE-BY-CRYPTOSANDERS/
