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By the end of 2024, Bitcoin price is expected to reach $100,000! The crypto bull market is back

By the end of 2024, Bitcoin price is expected to reach $100,000! The crypto bull market is back. Bitcoin, the top cryptocurrency, could hit $100,000 by the end of 2024, according to a report by Jeff Kendrick, head of digital asset research at Standard Chartered Bank. By the end of 2024, we could see Bitcoin (BTC) reaching the $100,000 level , as we believe the much-hyped "crypto winter" is finally over. According to Kendrick, Bitcoin could benefit from many factors. For example, recent instability in the banking sector due to the end of the Fed's rate hike cycle and the increased profitability of cryptocurrency mining. As uncertainty persists, Kendrick believes the path to the $100,000 level is becoming more apparent. Bitcoin has bounced back this year, topping $30,000 for the first time in 10 months. However, the crypto industry lost trillions of dollars in 2022 after the Fed raised interest rates. Observers Are Arguing About Bitcoin Standard Chartered isn't the only
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What should be paid attention to in operating and using the reflow soldering machine?

What should be paid attention to in operating and using the reflow soldering machine? The reflow soldering machine is essential production equipment for the welding process in the SMT production process. It is responsible for melting the solder paste on the circuit board with the mounted components to weld the patch and circuit board pads. What are the precautions for the use of the reflow soldering machine are the knowledge that SMT operating technicians must learn? What is the function of the reflow soldering machine, and what should be paid attention to in operation and use? What is the function of the reflow soldering machine? The reflow oven is mainly a desktop reflow equipment used for producing and maintaining SMT and other products. ZB2015HL reflow soldering machine precisely controls the temperature curve through the precise control of the microcomputer so that the temperature of the reflow soldering plane is more uniform. In addition, its temperature curve is precisely adjus

What will be the development trend of Bitcoin in 2023?

What will be the development trend of Bitcoin in 2023? 2023 has arrived for a few months. Looking back at the ups and downs of the encryption market last year, this round of bear market is very different from previous bear markets. Bitcoin has also undergone many profound changes and has shown many new features during this process. Since its birth in 2008, Bitcoin has only existed in the cypherpunk community at the beginning, and now it has become familiar to people worldwide. In this round of the bull-bear cycle, it has even become the legal currency of some small countries. In the process of Bitcoin's continuous development and growth, the price factors and influence weights that affect Bitcoin  are also undergoing tremendous changes. Consequently, they also present new characteristics in the new cycle, mainly manifested in the following aspects. The de-Chineseization of Bitcoin has become increasingly popular in Western countries such as the United States. In recent years, China

How to repair common faults in switching power supply?

How to repair common faults in switching power supply? A switching power supply is a power supply that uses modern power electronics technology to control the time ratio of switching transistors on and off to maintain a stable output voltage. They are widely used in electronic circuits, industry, military, scientific research, communication, medical treatment, and various household appliances. The primary circuit of the switching power supply is composed of an input electromagnetic interference filter (EMI), a rectification filter circuit, a power conversion circuit, a PWM controller circuit, and an output rectification filter circuit. The auxiliary circuit includes an input overvoltage and under voltage protection circuit, output overvoltage and under voltage protection circuit, output overcurrent protection circuit, output short circuit protection circuit, etc. 1. Maintenance skills Common switching power supply maintenance can be divided into the following two steps: 1) In a power

Will Bitcoin be a good investment in 2023?

Will Bitcoin be a good investment in 2023? As a digital property, Bitcoin has experienced many ups and downs. For those who are optimistic about the prospects of Bitcoin, is 2023 a good investment opportunity? In the following paragraphs, we will explore this question from several perspectives. Will Bitcoin Maintain Its Lead? From the market value perspective, Bitcoin has always been at the top of the digital currency market. But will bitcoin be able to maintain its lead in the face of the rise of altcoins such as Ethereum and litecoin? Undoubtedly, Bitcoin has long been a member of the digital currency market. In the past few years, whether it is through Bitcoin mining or purchasing and other channels to obtain Bitcoin, millions of people are already involved in Bitcoin transactions. Considering its current improvements related to core technology, as well as good community support, Bitcoin will continue to maintain its leading position in 2023. As one of the representatives of blockc

In 2023, is it suitable to use miners to mine or buy coins?

In 2023, is it suitable to use miners to mine or buy coins? In recent years, with the increasing popularity of blockchain technology and the rapid development of digital currency, more and more people have joined the team of mining and buying of coins. In 2023, for most people, choosing to use a miner to mine or buy coins will be a critical decision. Advantages and disadvantages of miners High power consumption, high cost, and high technical requirements are the salient features of miners' mining. But at the same time, miners also have a stable income from mining and have the advantage of controlling the speed of block verification. Here are a few viable Bitcoin miners and their profitability in 2023. Antminer S19 Pro is a miner produced by Bitmain , which is very popular in the market. It is equipped with 114 BM1398 ASIC chips , which can achieve a faster and more stable mining experience. It is estimated that the average daily income of this type of miner in 2023 will exceed 120

Bitcoin is soaring; which altcoins will generally rise?

Bitcoin is soaring; which altcoins will generally rise? The world of cryptocurrencies is developing at a breakneck pace. As interest in digital assets increases, investing in the right cryptocurrency can provide an excellent opportunity to earn high returns. Unfortunately, whether you are an experienced investor or a beginner, navigating the complex world of decentralized currencies can be difficult. But don't worry; we've got you covered! This article will reveal the top six cryptocurrencies to consider buying in 2023. MATIC Polygon, formerly known as Matic Network, is a blockchain platform that facilitates the development and scaling of Ethereum infrastructure. It transforms Ethereum into a multi-chain system and provides a common framework for developing various types of applications. Besides that, Polygon SDK can be used to create optimistic rollup chains, ZK rollup chains, and standalone chains. The platform can process up to 65,000 transactions per second on a single sid