Post halving, Bitcoin miners are choosing between hodling BTC and upgrading to AI
via @TheMonsoonChild

Stock prices of miners investing in AI have been doing better than those hodling BTC in hopes of future appreciation.

Post halving, Bitcoin miners are choosing between hodling BTC and upgrading to AI

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The frenzy over MEME coins is inseparable from the current extremely low token issuance threshold. It only takes a few dollars or even free to issue a coin, which also leads to the issuance of tens of thousands of new tokens every day, exacerbating the PVP. Whenever a hot spot comes up, all kinds of concept coins will immediately appear, including various NEIRO coins (uppercase and lowercase), Trump concept coins, and so on.

As a result, various scams and various cases of raising and cutting the leeks are ubiquitous.

Last night, a very representative leek-cutting project appeared - SHARPEI ($SHAR).

According to Cointelegaraph, a...

From $60 million to $1 million, from being admired by thousands to being reviled by thousands, $SHAR took only 7 hours

On October 24, market data showed that the price of Bitcoin fell below $66,000 at its lowest. Since October 21, the upward momentum of Bitcoin has shown signs of weakening, falling from the high of $69,500 to a low of $65,260. The trend of Ethereum has been synchronized with Bitcoin, sliding from the high of $2,770 to a low of $2,440. According to Coinglass data, the market liquidation amount reached $279 million in the past 24 hours, with long positions accounting for as much as $200 million.

BTC's market share has reached a three-year high. Is this a sign of a peak?

The large-scale altcoin season has begun today.
The altcoin index has shown a parabolic rise for the first time in three years.
Do you remember 2021? At that time, my portfolio soared from $900 to $145,000 in a month.
This time, I will earn more through these low-key altcoins.
Each market stage is affected by capital inflows, and capital inflows follow a consistent cycle across all markets, including the crypto market.
We have seen capital flow from <BTC> to large-cap tokens, and this important liquidity shift will soon also affect small-cap tokens.
2024-2025 week...