Tag: hell

What the hell is Web3 anyway? – Cointelegraph Magazine

[ad_1] Web3 — or Web 3.0 as crypto boomers like to call it — is a topical buzzword with only a very vague definition. Everyone agrees it has something to do with a blockchain-based evolution of the internet but, beyond that, what is it really? Yet, the conversation surrounding the meaning and prospects for Web3 has become very fashionable in crypto communities. The term gets thrown about by big corporates trying to muscle in on the space while avoiding the negative connotations of “crypto.” But, without an agreed-on definition, it…

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Bitcoin metric sees ‘hell of a bounce’ in move which historically heralds BTC price bottom

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[ad_1] A classic Bitcoin (BTC) on-chain indicator has seen a “hell of a bounce” even as price action stays uncertain. In a tweet on July 9, Philip Swift, creator of analytics resource Look Into Bitcoin, highlighted a dramatic change of course for the Puell Multiple. Advancing Puell and hash rate “a good sign” A deceptively simple metric, Puell tracks miner behavior with a view to understanding Bitcoin market extremes. It has served extremely well as an indicator of when BTC price tops and bottoms are likely due, and in late…

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