Crypto Australia🇭🇲🇭🇲

Miner revenue from fees has experienced a substantial surge, with certain blocks in 2023 generating fees that surpassed the 6.25 BTC subsidy. Two notable spikes in fees occurred this year, constituting approximately 25% of miner revenues. This level of fee contribution aligns with the exuberant phases observed during the 2017 and 2021 bull markets. In conclusion, the increased reliance on fees indicates a significant shift in the revenue composition for miners, reminiscent of previous bullish periods in the cryptocurrency market. By Crypto Australia

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#TOTAL MARKETCAP UPDATE : Marketcap moving into the positive side and even though 4H given a close below of the support area of $1.59T - $1.60T, but Daily giving a close above and multiple wick rejections, showing bullishness. Well, a whole lot of push is anticipated towards the major resistance zone of $1.75T - $1.78T, where alts could fly smoothly. By Crypto Australia

#Bitcoin will be the standout asset of 2024. By Crypto Australia

Grayscale Chairman Barry Silbert Resigns as SEC Approval for Bitcoin ETF Expected by January 10 By Crypto Australia

Well, #Bitcoin dip down and tested the major support level and kinda reacted to it. On Daily TF, its a rejection no confirmation yet, so have to see weather it gonna gave a break below of the zone or not. The 1st area of resistance/ flip level would be now at $43,000 - $43,200. By Crypto Australia