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When does Bit5 open (When will BitShares have a bull market)?

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When does Bit5 open? When does Bit5 open?On October 28, 2019, Bit5 mining pool,

When does Bit5 open (When will BitShares have a bull market)?

When does Bit5 open? When does Bit5 open?

On October 28, 2019, Bit5 mining pool, created by Bixin and Hashing Power Intelligence, officially launched. According to public information, Bitmain is the largest digital asset trading platform in the world. Its wholly-owned subsidiary, Hong Kong Bitmicro Holdings Limited, jointly funded the establishment of Singapore Digiai Technology Development Fund with Shanghai WaeProfit (Group) Co., Ltd, and obtained the US MSB license at the end of last year.

In April 2018, Bitmain launched a new Bitcoin mining machine, the FPGA series Antminer S17Pro, which is expected to be released in the first quarter of 2020, and also announced “Dual Mining Reward.”

When will BitShares have a bull market

When will BitShares have a bull market?

On June 24, 2019, Bitcoin reached a new high of $40,000. The market has been bullish for a while since early May. After experiencing a round of big rallies, the price has been climbing to all-time highs (over $30,000) in the past week, followed by a pullback, but still in a consolidation phase. This is different from the situation in October and mid-December last year when BTC fell below the $30,000 mark and then fell again. The market rebound caused by the current pandemic is not as strong. In addition, the cryptocurrency market has performed well in the second half of this year. Except for some altcoins that have experienced significant increases, other mainstream digital assets have also shown different degrees of price increases, such as XRP, BCH, and LTC, but these projects have not kept up with the pace for adjustments.

Currently, with the incoming new session of the US Congress, there will be a large-scale economic stimulus plan and economic data will be released. The stock market will also receive a comprehensive recovery. If the Federal Reserve does not take action to address the inflationary pressures caused by economic impacts, the stock market may see a significant correction, leading to further contraction of the capital market, which will have a more significant impact on stock investors.

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