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Bitcoin miners are under pressure and they’re selling: CryptoQuant

Bitcoin price has declined by nearly 7% in the past week, with bulls failing to hold above the $70k level. BTC has today retreated to around $66,350 amid fresh selling pressure. While prices are down as the market reacts to macroeconomic events, analysts at CryptoQuant say some of the downside comes from sell-off pressure facing […] The post Bitcoin miners are under pressure and they’re selling: CryptoQuant appeared first on CoinJournal. дальше »

2024-6-14 19:43


Аналитик: халвинг вызвал капитуляцию биткоин-майнеров

Ончейн-аналитик Али Мартинез выразил уверенность, что снижение рентабельности добычи биткоина вследствие апрельского халвинга вызвало «волну капитуляций» майнеров. Since the #halving, #Bitcoin mining costs have soared. дальше »

2024-6-14 18:40


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Texas wants to use bitcoin miners for grid stability as power demand soars

The Electricity Reliability Council of Texas (ERCOT) is considering integrating Bitcoin miners as Controllable Load Resources (CLRs) to enhance grid stability. During a Texas Senate Business & Commerce Committee hearing, ERCOT CEO Pablo Vegas emphasized that classifying more Bitcoin miners as CLRs would improve the reliability of the state’s power grid. дальше »

2024-6-13 13:49


Bitcoin Ownership Trends: Short-Term Spike As ETFs Gain Popularity – Report

The winds of change are blowing in the Bitcoin market, bringing a fresh wave of short-term traders while veteran holders remain steadfast in their convictions. A recent report by Bitfinex Alpha reveals a fascinating dichotomy in investor behavior, with new players chasing quick profits and seasoned hodlers (hold on for dear life) accumulating for the long haul. дальше »

2024-6-13 12:45


Bitcoin Transactions At All-Time High, But Active Addresses Collapse: What’s Going On?

Data shows that Bitcoin active addresses have plunged, but the transaction count has been around an all-time high (ATH). Here’s why this may be so. Bitcoin Active Addresses And Transaction Count Have Diverged Recently According to the latest weekly report from Glassnode, the Bitcoin network has been showing a divergence in its activity-related metrics recently. […] дальше »

2024-6-13 07:00


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Arbitrage Overdrive: Why Bitcoin ETFs Aren’t What They Seem, According To Expert

Recent analyses suggest that a significant portion of the capital flow into Bitcoin exchange-traded funds (ETFs) is driven by arbitrage strategies rather than direct investment from retail traders. Particularly, Raoul Pal, CEO of Real Vision, has highlighted this trend based on data concerning these funds’ ownership and trading patterns. дальше »

2024-6-13 03:00


Why Is Bitcoin Stagnant Despite ETF Inflows? Report Answers

Glassnode has discussed in a new report the reasons behind Bitcoin moving sideways despite inflows into the spot exchange-traded funds (ETFs). Why Bitcoin Has Been Stagnant Despite Spot ETF Inflows In its latest weekly report, the analytics firm Glassnode has talked about how the impressive inflows into the US spot ETFs have failed to make the price break its sideways trend. дальше »

2024-6-13 03:00