Category: Bitcoin

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Crypto Mining Investment

The Crypto Mining Investment Limited is a unique, financial gold, nickel and uranium mining  company whose business strategy is to acquire royalty interests in gold production from its core assets in the Lake Victoria greenstone belt of Tanzania. Since this year we started nickel and uranium exploration.


The Crypto Mining Investment Ltd. also values its role and responsibility to treat not only the natural resources, but also every person, with the utmost respect in all aspects.
 

Together with international investors our target is to become the central and east African leader in gold, nickel and uranium production.

Compared to traditional investments, the direct investment in the Crypto Mining Investment Limited provides high returns with weekly cash flow, particularly in today’s markets we can offer stable and risk free weekly returns.

Investors

We offer Investors 3 Investment Plans.

The 120 hours Plan offers you

Invest AmountReturn Amount
$600-$5,00020% of your deposit hourly for 120 hours(total 2400%)
$5,100-$15,00030% of your deposit hourly for 120 hours(total 3600%)
$15,100-$29,99950% of your deposit hourly for 120 hours(total 6000%)



The 48 hours Plan offers you 500% of your deposit per 6 hours for 48 hours(total 4000% in 48 hours)

The 24 hours Plan offers you 150% of your deposit hourly for 24 hours(total 3600% in 24 hours)
Your investment decisions are so important, we urge you to do your due diligence thoroughly.  Regardless of your level of initial commitment, our goal is to show you results that go far beyond your expectations.  We look forward to establishing a long-term relationship with all of our investors and have you reinvesting your profits with us for many years to come. No matter what country you come from, we accept Investors from every country in the world. We are only accepting Digital Currencies to save time and money for our investors.

– We accept Perfect Money ,Payeer and Bitcoin.
– We make payouts hourly.
– You can make additional deposits as many times as you like
– The minimum spend is $600 for all investment offers and the maximum is $1,000,000

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Bitcoin Bitcoin Investment Cryptocurrency news

Bitcoin Sharks and Whales Settle for $2.2 Billion, But BTC Holds at $37,000

Network data shows that Bitcoin sharks and whales engaged in a sell-off worth around $2.2 billion last week.

Bitcoin wallets with 100 to 10,000 BTC have been sold recently

As analyst Ali noted in a post on X, large BTC investors may have reaped their profits recently. The indicator of interest here is the “BTC Supply Distribution”, which tracks the total amount of Bitcoin held by different groups of wallets in the sector.

Addresses or investors are divided into these groups based on the total number of coins they currently hold. For example, the 1-10 coin cohort includes all wallets with a balance of at least 1 and a maximum of 10 BTC.

In the context of the current discussion, the focus is on the range of 100 to 10,000 BTC. The group of 100 to 1,000 coins is popularly called “sharks”, while the group of 1,000 to 10,000 includes whales.

Both groups have significant values, so their behavior may be relevant to the market in general. Although whales are much larger than both and therefore have much more influence on the network.

This is a remarkable amount, and considering that the timing of the distribution coincided with BTC’s last break above the $37,000 level, it seems possible that these key holders participated in this massive sell-off to reap the profits they would have accrued at the meeting.

Sharks and whales also participated in some selling when BTC surpassed $35,000 last month, but both the rate and scale of the sell-off were lower compared to today as the supply distribution for these cohorts plummeted sharply this time around.

So far, though, despite this massive sell-off, Bitcoin hasn’t had much trouble staying around the $37,000 mark. The asset initially suffered a pullback when the sell-off began, as it fell back to $36,000, but quickly recovered.

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Bitcoin Bitcoin Wallet

Bitcoin Halving: When is the next Bitcoin halving date?

The Bitcoin halving date is usually a quadrennial event on the Bitcoin blockchain where the reward assigned to miners for successfully verifying and adding new blocks to the blockchain is substantially reduced. The term Bitcoin halving refers to the phenomenon where the reward for mining Bitcoin is cut in half.

The importance of the halving event lies in its role in reducing the rate of creation of new Bitcoins as the cryptocurrency approaches its fixed supply limit. In 2009, each block mined on the chain generated a reward of 50 BTC. As of October 2023, there are approximately 19.5 million BTC in circulation, leaving only around 1.5 million bitcoins to be released through mining rewards.

What is Bitcoin Halving?

After the Bitcoin network successfully processes 210,000 blocks approximately every four years, there is a reduction in the block rewards given to Bitcoin miners for their transaction processing efforts. This phenomenon is commonly known as the “bitcoin halving,” as it precisely halves the rate at which new BTC enter circulation.

This reward mechanism will last until approximately the year 2140, at which time the default limit of 21 million coins will be reached. Beyond this point, miners will be compensated through transaction processing fees paid by network users. This fee will eventually serve as motivation for miners to participate and sustain the network.

Previous Bitcoin Halving Events

There have been a total of three Bitcoin halving events so far. The first halving event occurred on November 28, 2012, in which the reward value for each block mined was 25 bitcoins. Subsequently, the second halving event occurred on July 9, 2016, halving the reward value again, reaching 12.5 bitcoins.

Lastly, the most recent halving event occurred on May 11, 2020, where the reward was reduced to 6.25 Bitcoins for each successfully mined block. With the next halving on the horizon, scheduled for mid-2024, the block reward will be 3,125 BTC.

Why does the halving happen every 4 years?

The Bitcoin mining algorithm is designed to seek the discovery of new blocks approximately every 10 minutes. However, the actual time needed to find the blocks can vary, sometimes exceeding 10 minutes and sometimes less. This variation in block mining times may shorten or extend the duration needed to reach the next halving milestone. For example, if blocks consistently take an average of 9.66 minutes to mine, it would take approximately 1,409 days to mine the 210,000 blocks needed (assuming four years of 1,461 days, including one day for a leap year).

When will the next Bitcoin halving date be?

The next Bitcoin halving is expected to take place around April 2024, coinciding with the mining of block 740,000. During this event, the block reward will be reduced from 6.25 bitcoins to 3,125 bitcoins. The exact date of the halving remains uncertain due to variable block generation time, with the network aiming for an average of one block every ten minutes.

BTC Price Prediction After BTC Halving

Bitcoin price is projected to reach an all-time high (ATH) after the upcoming Bitcoin halving event. Market experts, traditional financial companies, and CoinGape Media analysts predicted that the price of Bitcoin would surpass $120,000. The current ATH price is $68,789. Some experts, such as the CEO of investment management company ARK Invest, Cathie Wood, believe that the price of BTC will reach $1 million by 2030.
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Bitcoin (BTC) Price Analysis: Bulls Resume Ascent and Test 37235 – November 12, 2023

Bitcoin (BTC/USD) resumed its upward gains early in the Asian session, with the pair finding additional bids above the 36,892.78 level, representing a 38.2% retracement of the 35,103.14 to 37,999 appreciating range. Upward progress was temporarily halted around the 37,221.93 area. . which represents a 50% reduction in the depreciation range from 37,548.80 to 36,923.15. Key stops were chosen above the 34,965.04 and 37,516.08 levels during BTC/USD’s recent strongest appreciation since May 2022, upside price objectives associated with buying activity around the 19,568.52, 15,460 and 24,900 levels . Additional upside price objectives in these appreciating ranges include the 38,602, 42721 and 44481 areas. Following continued appreciation, areas of technical support and possible buying pressure include 34757, 33499, 32873, 32561, 31351 and 30837.

Large Stops were also recently elected above the 35,912.28 area, representing a 38.2% retracement of the depreciating range from the all-time high of 69,000 to 15,460. Furthermore, large Stops were triggered above the 37,362 area. maximums of the month. , an upside price objective related to historical buying pressure around the 3858 and 15460 levels. Traders are observing that the 50-bar MA (4-hourly) is bullishly indicating above the 100-bar MA (4-hourly) and above the 200 bar MA (every 4 hours). Additionally, the 50-bar SMA (hourly) is bullish, indicating above the 100-bar MM (hourly) and above the 200-bar SMA (hourly).

Price activity is closest to the 50-bar MA (4-hourly) at 35,613.79 and the 50-bar MA (Hourly) at 36,958.23.

Technical support is expected around 31238.97/30028.62/28818.26 and stops are expected below.

Technical resistance is expected around 38584.16/39596.82/42721.31 and stops are expected above.

Bitcoin Price Analysis Daily News.

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Bitcoin Bitcoin Wallet Crypto Mining Cryptocurrency news

Coinbase Shares Rise Amid Market Share Stagnation

Despite the delisting of Binance.US, Coinbase has surprisingly failed to gain a larger share of the US cryptocurrency market. A recent report from Kaiko highlights Coinbase’s stagnant market share, which has hovered around 55% since May. On the other hand, rivals such as Kraken and LMAX Digital are quickly reclaiming the space left open by Binance.US, and Bitstamp is also marking an increase in its US presence amid growing legal complexities.

Coinbase stalls as Kraken advances

Coinbase, recognized as the top U.S. cryptocurrency exchange by trading volume, appears impassive in its leadership position, according to data from Kaiko. Kraken, slightly behind, is moving forward, gradually taking over Coinbase’s market dominance. According to the data, Coinbase’s 24-hour trading volume is approximately $2.4 billion, significantly lower than Binance’s $9.34 billion in the global spot market.

Regulatory hurdles cast a shadow

On the contrary, to compound the challenges, the US crypto landscape is navigating through a fog of regulatory uncertainty. The SEC and CFTC maintain close scrutiny, especially with allegations of securities regulation violations. Notably, the SEC took action against Binance and its US entity along with its founder, Changpeng Zhao. They are accused of secretly facilitating transactions for US customers against their policies. Coinbase has also felt the pressure of the regulator, with accusations of operating without proper records.

Despite these regulatory storms, there is a glimmer of optimism for investors. The possible approval of a Bitcoin spot ETF could catapult COIN shares to new heights as it would generate enormous enthusiasm for the cryptocurrency and Coinbase’s revenue would increase.

Furthermore, the company’s path to profitability is promising, as reflected by its near-flat profits in the third quarter of 2023. With an unexpected increase in profits and a slight increase in after-hours trading, Coinbase’s stock price is currently at $91.96, reflecting a 5% increase.