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PI Breakout Loading? Altseason Hype Gains Steam
Pi Network’s PI token is showing signs of life at $0.40, bouncing within a descending channel as the broader crypto market heats up.
With the global crypto market cap hitting $4.15T, investor sentiment is turning risk-on — a setup that could spark the next PI bull run if altseason kicks in.
Market Sentiment Signals Risk Appetite
Investor greed jumped from 63 to 68 (CoinMarketCap), signaling stronger risk-taking. Meanwhile, the Altcoin Season Index climbed to 41, up from 32 a month ago, suggesting capital may soon flow from BTC and majors into higher-risk altcoins like PI.
Technical Outlook: Breakout in Sight?
PI has been consolidating inside a falling channel since May. The upper boundary — near the 50-day EMA at $0.45 — remains the breakout zone to watch. A decisive close above could trigger a trend reversal, while failure may retest $0.37 support or even the $0.33 low from August 6.
Key Levels to Watch:
Resistance: $0.45 (50-day EMA)
Support: $0.37 / $0.33
Trend Catalyst: Altseason momentum + risk-on sentiment
With market greed high and altcoin chatter growing, PI is one breakout away from joining the next wave of bullish mov
#BTCBreaksATH #pi $BTC $ETH $XRP #CryptoNewss #Minig #FreeCrypto"
With the global crypto market cap hitting $4.15T, investor sentiment is turning risk-on — a setup that could spark the next PI bull run if altseason kicks in.
Market Sentiment Signals Risk Appetite
Investor greed jumped from 63 to 68 (CoinMarketCap), signaling stronger risk-taking. Meanwhile, the Altcoin Season Index climbed to 41, up from 32 a month ago, suggesting capital may soon flow from BTC and majors into higher-risk altcoins like PI.
Technical Outlook: Breakout in Sight?
PI has been consolidating inside a falling channel since May. The upper boundary — near the 50-day EMA at $0.45 — remains the breakout zone to watch. A decisive close above could trigger a trend reversal, while failure may retest $0.37 support or even the $0.33 low from August 6.
Key Levels to Watch:
Resistance: $0.45 (50-day EMA)
Support: $0.37 / $0.33
Trend Catalyst: Altseason momentum + risk-on sentiment
With market greed high and altcoin chatter growing, PI is one breakout away from joining the next wave of bullish mov
#BTCBreaksATH #pi $BTC $ETH $XRP #CryptoNewss #Minig #FreeCrypto"
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CoinShares assessed the prospects for Bitcoin miners after halving
Of the public miners, only Bitfarms, Iris, CleanSpark, TeraWulf and Cormint will be able to operate with a profit after halving if the price of Bitcoin does not exceed $40,000. CoinShares came to this conclusion.
According to the firm's specialists, in the third quarter of 2023, the weighted average values of Bitcoin production costs and cash costs were $16,800 and $25,000, respectively. Following the expected block reward reduction in April, these figures will rise to $27,900 and $37,800.
According to experts, the average cost of Bitcoin mining will reach $37,856.
According to CoinShares experts, one of the main problems of miners is the high costs of selling, general and administrative expenses (SG&A). To break even, companies will likely have to cut back.
Experts expect that by halving the network hashrate will be about 450 EH/s. Historically, the rate has declined approximately six months after the block reward halved by ~9%. Therefore, it could potentially drop to 410 EH/s, but by the end of 2024 the trend line predicts an increase to 550 EH/s.
#Mining #minig #MiningContracts #BTC!💰 #BTCUSD
Of the public miners, only Bitfarms, Iris, CleanSpark, TeraWulf and Cormint will be able to operate with a profit after halving if the price of Bitcoin does not exceed $40,000. CoinShares came to this conclusion.
According to the firm's specialists, in the third quarter of 2023, the weighted average values of Bitcoin production costs and cash costs were $16,800 and $25,000, respectively. Following the expected block reward reduction in April, these figures will rise to $27,900 and $37,800.
According to experts, the average cost of Bitcoin mining will reach $37,856.
According to CoinShares experts, one of the main problems of miners is the high costs of selling, general and administrative expenses (SG&A). To break even, companies will likely have to cut back.
Experts expect that by halving the network hashrate will be about 450 EH/s. Historically, the rate has declined approximately six months after the block reward halved by ~9%. Therefore, it could potentially drop to 410 EH/s, but by the end of 2024 the trend line predicts an increase to 550 EH/s.
#Mining #minig #MiningContracts #BTC!💰 #BTCUSD
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#FreeTokens #minig #drop
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Don't miss this giveaway!
Digital currency that you can mine on your phone!
❄ Free mining using your phone
❄ Does not consume resources or battery
❄ Decentralized network
❄ Available on Android and iOS
Mining ice is free!
All you need is an invitation from an existing trusted network member. If you have an invitation, you can download the mobile application.
Here are a few simple steps.
🌐 Follow the link https://ice.io/@ivanych1989
to get your first 10 Ice tokens
🌐 Register
🌐 We receive Ice tokens
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Legalization of Mining in Russia: Taxation Issues and Regional Restrictions Still in Development
The legalization of cryptocurrency mining in Russia could replenish the treasury by $570 million, legislators have calculated.
After years of debate over the regulation of crypto mining, parliamentarians say they are finally ready to vote on legalizing industrial mining.
Subscribe to the blog
After years of debate over the regulation of crypto mining, parliamentarians say they are finally ready to vote on legalizing industrial mining.
Subscribe to the blog
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A beautiful currency for the future for everyone who missed mining the currency
#pinetwork
This currency only needs 5 days to mine and then you are ready to verify your account
Don't miss the opportunity and seize it before it rises and becomes difficult to verify
Referral code: amerabunassar
#Minig
#MarketRebound
#BinanceAlphaAlert
#USTariffs
#pinetwork
This currency only needs 5 days to mine and then you are ready to verify your account
Don't miss the opportunity and seize it before it rises and becomes difficult to verify
Referral code: amerabunassar
#Minig
#MarketRebound
#BinanceAlphaAlert
#USTariffs
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CoinShares reported growth of the Bitcoin mining network by 90% per year
The Bitcoin mining network has grown by 90% in 2023, raising questions about its environmental sustainability and profitability, especially in terms of its efficient use of energy, analysts at investment firm CoinShares write in a new report. According to their calculations, the average cost of mining 1 BTC after the network halving in April of this year will be $37,856, which could create difficulties for companies with high operating costs.
CoinShares Report
#Mining #minig #BTC!💰 #btc- #BitcoinWorld
$BTC
The Bitcoin mining network has grown by 90% in 2023, raising questions about its environmental sustainability and profitability, especially in terms of its efficient use of energy, analysts at investment firm CoinShares write in a new report. According to their calculations, the average cost of mining 1 BTC after the network halving in April of this year will be $37,856, which could create difficulties for companies with high operating costs.
CoinShares Report
#Mining #minig #BTC!💰 #btc- #BitcoinWorld
$BTC
#minig new mining app
meta earth wallet
it's one token worth 5 usdt
referral code = 1galqd8
no kyc only face verification
meta earth wallet
it's one token worth 5 usdt
referral code = 1galqd8
no kyc only face verification
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Bitcoin mining difficulty has dropped by almost 4%
As a result of the next recalculation, the difficulty of mining the first cryptocurrency decreased by 3.9%. The indicator dropped to 70.3 T.
The average hashrate for the period since the previous value change was 484.17 EH/s. The range between blocks is almost 10.5 minutes.
According to Glassnode, on January 20, the smoothed 7-day moving average reached 469 EH/s. At the time of writing it is 471 EH/s.
According to the Hashrate Index, the hash price is $80.4 per PH.
#Mining #minig #MiningContracts #BTC!💰 #BitcoinWorld
$BTC
As a result of the next recalculation, the difficulty of mining the first cryptocurrency decreased by 3.9%. The indicator dropped to 70.3 T.
The average hashrate for the period since the previous value change was 484.17 EH/s. The range between blocks is almost 10.5 minutes.
According to Glassnode, on January 20, the smoothed 7-day moving average reached 469 EH/s. At the time of writing it is 471 EH/s.
According to the Hashrate Index, the hash price is $80.4 per PH.
#Mining #minig #MiningContracts #BTC!💰 #BitcoinWorld
$BTC
Governments Mining #bitcoin
1: UAE #Dubai
2: El Salvador 🔥 #Elsalvador
3: Oman
4: Bhutan
#Minig #cryptocurrency $BTC
1: UAE #Dubai
2: El Salvador 🔥 #Elsalvador
3: Oman
4: Bhutan
#Minig #cryptocurrency $BTC
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