Miners are slowly shifting coins to exchanges, hinting at nerves over more downside moves. The price still holds within a bullish chart setup, but a clean break above $105K is…
Browsing: Bitcoin miners
The Grayscale Bitcoin Miners ETF (MNRS) offers a passive, diversified approach to the mining sector without requiring direct cryptocurrency ownership. The Bitcoin mining sector is rebounding after a challenging period…
The level of demand for Bitcoin by institutional investors through spot Bitcoin ETFs is reported to have doubled miners’ production, leading to a liquidity squeeze and price sensitivity. An analyst…
As Bitcoin’s price plunged by 17.36% to $50,300, losing its trillion-dollar market cap status, miners are under significant financial pressure due to production costs. Only a few mining models remain…
Crypto market analysts attribute the price decline more to Bitcoin miner capitulation than the Mt. Gox news. The BTC price has recovered back to $61,500. Bitcoin miners are now financially…
US investment firm Kerrisdale has declared an outright war against Bitcoin, offering a scathing review of the business model of the leading Bitcoin miner in the country. The Bitcoin community…
Bitcoin miners are gearing up for the halving scheduled for next April, with BTC giving mixed signals. With mining rewards set to be cut in half, there is speculation that…
Bitcoin miners sold $8.2 billion worth of BTC amid recent ETF approvals, indicating a potential bearish sentiment. There was a decline in ETF demand this week, with only 4,680 BTC…
Data shows that the launch of Bitcoin ETFs has sparked record inflows into crypto exchanges, signaling a strenuous relationship between holders. This development could help explain the price corrections experienced…
Bitcoin miners offloaded approximately 10,600 Bitcoins (BTC) in the last 24 hours, valued at around $455.8 million. Brokerage firm Bernstein suggests that the recent downturn in Bitcoin mining stocks presents…
Through FCF Pay, Bitcoin miners can now offset their Bills through SHIB and XRP. The payment processor is broadening accessibility to these coins with its growing partnerships. Canada-based payment platform…
Bitcoin long-term holders accumulate the asset aggressively as they amass 1.01 million BTC in nearly two years. Bitcoin mining competition reaches an all-time high as revenue surges by 40 percent…
One interesting event that could affect the Bitcoin price this week is February’s Federal Open Market Committee (FOMC) meeting at the Fed. According to on-chain analytics firm Glassnode, Bitcoin miners…
Bitcoin miners are in distress and could capitulate soon going by on-chain data Analysts are however still optimistic that the bear market may soon come to an end Bitcoin (BTC)…
Bitcoin miners continue to sell their BTC holdings aggressively following a significant decline in mining income. According to industry analysts, BTC’s price might take up to 6 months to bottom…
Several publicly listed Bitcoin mining firms in North America collectively hold more than 20,000 BTC. In order to sort their expenses, these mining firms have started borrowing capital to survive. …
Bitcoin miners are now teaming up with nuclear power stations to provide stable and sustainable energy for their intensive operations. Nuclear power plants have lost their touch with the public…
The number of addresses holding at least 1 DOGE has jumped 20 percent during the last quarter. Altcoins dominated the second quarter pushing Bitcoin dominance under 45 percent. For the…
Castle Island Ventures’ Nic Carter believes that Musk is not the right person to lead the “Clean Bitcoin” campaign. According to him, the U.S Dollar is used for illicit transactions…