Revealed: What causes Bitcoin’s selling pressure

2024-7-25 15:00

Bitcoin ETFs and exchanges now have up to eight times more of an impact than miners, according to a new report. Sell-side pressure from miners is diminishing with each and every halving, a new analysis from Glassnode says. Meanwhile, centralized…

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Post-Halving Pressure: Marathon Digital Anticipates Bitcoin Break-Even Price Of $43,000

The Bitcoin (BTC) market has been on a wild ride recently, hitting a new all-time high (ATH) before experiencing notable volatility that resulted in an 8% drop to the $65,500 level on Friday.   Meanwhile, Marathon Digital, one of the largest US-based Bitcoin mining companies, is preparing to acquire more power infrastructure and streamline operations to meet the challenges posed by a reduction in revenue due to the upcoming April halving event.

2024-3-18 09:00


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Genesis moves for early bankruptcy payouts as NYAG suit applies pressure

A recent lawsuit initiated by the New York Attorney General’s Office (NYAG) could impact Genesis’ bankruptcy process, according to a Oct. 24 report from Reuters. Genesis plans to propose a “no deal” bankruptcy plan in response to actions taken by the NYAG, in which, instead of waiting for the lawsuit’s outcome, it would distribute available […] The post Genesis moves for early bankruptcy payouts as NYAG suit applies pressure appeared first on CryptoSlate.

2023-10-26 00:20