🔵 Ryan Salame, former executive of the defunct cryptocurrency exchange FTX, has requested an 18-month prison sentence. Salame has pleaded guilty to his role in the collapse of the firm and his lawyers are asking for leniency in his sentencing on May 28. They claim that their role at FTX was more operational and less related to fraud. Do you think the sentence is fair? Share your opinion in the comments.#CryptoNews#FTX #Blockchain
🔵 Ryan Salame, former executive of the defunct cryptocurrency exchange FTX, has requested an 18-month prison sentence. Salame has pleaded guilty to his role in the collapse of the firm and his lawyers are asking for leniency in his sentencing on May 28. They claim that their role at FTX was more operational and less related to fraud. Do you think the sentence is fair? Share your opinion in the comments.#CryptoNews#FTX #Blockchain
$BTC $ETH $BNB After the halving, the Bitcoin network has lost more than 15% of its mining power
The low profitability of Bitcoin mining is beginning to lead to the departure of many teams that would operate at a loss.
The halving of the issuance of bitcoin (BTC) after the halving keeps miners in suspense. Given the expectation of a bullish run in the price of BTC, they have been making adjustments to their operations, which allow them to stay afloat during a period of low profitability. During the 30 days after the halving, a considerable reduction in hashrate or computing power to process transactions is observed.
As network data provided by Braiins, a Bitcoin mining software developer, shows, the network's hahsrate is experiencing a 16% decline from its peak in mid-April. During the days when the halving occurred, a scheduled event that reduces the reward of the network's miners by half, the hashrate reached a mark of 675 EH/s. Now, Bitcoin's capacity is at 565 EH/s, a reduction of more than 100 EH/s.
PEPE IS GOING CRAZY!!! 🤩🤩🤩 According to the 4-hour chart, PEPE has successfully broken through the recent resistance level, indicating a bullish signal. Given this evolution, the prudent strategy would be to wait for the price to fall back to the 4-hour demand zone. Next, a breakout of the market structure on the 30-minute chart should be expected as confirmation of a buy signal. This approach ensures a strategic entry point, enhancing the potential for favorable business outcomes.
PEPE IS GOING CRAZY!!! 🤩🤩🤩 According to the 4-hour chart, PEPE has successfully broken through the recent resistance level, indicating a bullish signal. Given this evolution, the prudent strategy would be to wait for the price to fall back to the 4-hour demand zone. Next, a breakout of the market structure on the 30-minute chart should be expected as confirmation of a buy signal. This approach ensures a strategic entry point, enhancing the potential for favorable business outcomes.