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  • ☕️ Binance takes another HIT...🚨

☕️ Binance takes another HIT...🚨

ALSO: $PEPE Croaks

GM Brew Crew, we wanna remind you to grab some rays this weekend before summer is over, that cookie crisp tan may be your only shot at the local barista.

As the zoomers would say: YOLO 😎

Let’s dive in ⬇️

On the menu today:

  • 😱 BTC MINING DIFFICULTY REACHES ALL-TIME HIGH

  • 📉 $PEPE TAKES A DOWNWARD DIVE

  • 🙊 MASTERCARD AND BINANCE BREAK UP

Today’s Charts:

😱 BTC MINING DIFFICULTY REACHES ALL-TIME HIGH

Bitcoin's mining difficulty level has surged to an unprecedented high point, reaching 55.62 trillion hashes this week.

What is BTC mining difficulty? ⬇️

  • This metric measures the complexity of mining a Bitcoin block or finding a hash value below a set threshold.

  • Higher difficulty means more computational power is needed to mine blocks, enhancing the network's security against breaches or attacks.

Charts from Coinwarz illustrated a steep upward trend in difficulty since July 2021, a period marked by a crackdown on mining operations in China.

The upward adjustment this week not only established a fresh record high for difficulty, but also ranks as the sixth-largest difficulty uptick of 2023, according to data from BTC.com.

Amidst price volatility, the Bitcoin network is getting stronger by the day. Is it bulking season?? 💪

📉 $PEPE TAKES A DOWNWARD DIVE

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