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Bitcoin Hash Ribbons Form Capitulation Signal: What It Means

On-chain data shows the Bitcoin Hash Ribbons have recently gone through a crossover. Here’s what it could mean for the cryptocurrency. Bitcoin Hash Ribbons Suggest Miner Capitulation Is On As explained by CryptoQuant community manager Maartunn in a Quicktake post, miners are capitulating right now if the Hash Ribbons indicator is to be believed. дальше »

2024-5-15 19:00


Hash Ribbon metric signals miner capitulation, possibly marking Bitcoin’s price bottom at roughly $56,500

Quick Take The Hash Ribbon metric by Glassnode, which has marked most of the bottoms in Bitcoin in the past five years, is finally signaling miner capitulation. This technical indicator assumes Bitcoin tends to bottom when miners are forced to capitulate due to mining becoming too costly relative to revenues. дальше »

2024-5-15 16:20


Crypto Miners Mark Calendars For BlockDAG X1 Miner App Launch Amid Ethereum Price Surge and Kaspa Price Dips

As the cryptocurrency market eagerly anticipates the June 1st, 2024 release of BlockDAG’s X1 App Beta version, this platform is positioned to redefine crypto mining efficiencies, posing a direct challenge to Ethereum’s pricing trends and establishing itself as a formidable contender against Kaspa. дальше »

2024-5-5 03:00


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BlockDAG Miners Go Viral for 2000 Coins Daily Output Capability Amid Hedera’s 50% Weekly Surge & PulseChain’s Bullish Strength

Amid Hedera’s recent 50% surge in the week and the bullish performance of PulseChain crypto, BlockDAG continues to revolutionize the cryptocurrency landscape with its pioneering strategies. Its mining endeavors draw in a flood of enthusiasts seeking to broaden their portfolios. дальше »

2024-5-2 00:11