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Joe Biden Slams Wealthy Crypto Traders: What You Need To Know On The President’s Anti-Bitcoin Stance
The Biden administration has maintained a tough stance against digital assets over the years. The first blow landed on miners and then traders. How far will the administration stretch this anti-crypto rhetoric? дальше »
2023-5-24 01:45 | |
Bitcoin miner netflows hit monthly lows amid recovery campaign
The bitcoin (BTC) miner netflows volume has plummeted to -$75,270, marking the lowest point in the past month. This decrease suggests miners are refraining from selling their BTC, demonstrating their belief in an impending bitcoin recovery as the broader crypto… дальше »
2023-5-23 15:39 | |
Bitcoin miner revenue derived from fees drops to 7%
The cryptocurrency world has seen a new "flippening" as Bitcoin miner fees exploded due to the demand for Inscriptions and BRC-20 tokens. This unusual event even surpassed block rewards for miners. дальше »
2023-5-23 20:59 | |
BTC mining innovations could aid miners but not without these hurdles...
Bitcoin mining companies continue to innovate despite market volatility. Fees generated per transaction decline. Holders don't see any selling pressure. MVRV ratio begins to decline. Even thThe post BTC mining innovations could aid miners but not without these hurdles... appeared first on AMBCrypto. дальше »
2023-5-20 06:30 | |
Bitcoin Plunges Below $27,000 As Miners Show Signs Of Selling
Bitcoin has now dipped below the $27,000 level as on-chain data shows the miners have possibly been selling the asset recently. Bitcoin Miner Reserve Has Taken A Sharp Plummet Recently As pointed out by an analyst in a CryptoQuant post, miners have taken out about 1,750 BTC from their wallets during the past day. дальше »
2023-5-20 16:36 | |
Bitcoin outlook: BTC poised for increased selling momentum amid miner outflows
The Twitter crypto community observed the latest Bitcoin (BTC) miner movements on 19 May. Cryptoquant tweeted about the decreasing Bitcoin miner reserves, suggesting upcoming selling momentum from miners. дальше »
2023-5-20 13:46 | |
Selling pressure on Bitcoin increases; is another price correction on the way
A whale deposited Bitcoin worth over $38 million to Binance on 18 May 2023. BTC’s hashrate also registered a decline, indicating an outflow of miners. Though Bitcoin’s [BTC] price actiThe post Selling pressure on Bitcoin increases; is another price correction on the way appeared first on AMBCrypto. дальше »
2023-5-19 13:30 | |
SEC Slams Bitcoin Miner Marathon Digital With Another Subpoena As Firm Shares Its Quarterly Report
Digital asset miners have remained under the radar of authorities in recent weeks as both the White House and the SEC launch fresh attacks. дальше »2023-5-17 14:57 | |
White House Makes Case For 30% Crypto Mining Tax, Cites Economic And Energy Factors As Key Drive Behind Policy
Digital asset miners are under the radar of authorities once again concerning energy consumption and its impact on the environment. The White House released a report focused on digital asset mining, sustainable development, and “fair” taxation in the sector. дальше »
2023-5-17 14:32 | |
Bitcoin Miners Continue To Sell, Bearish Sign?
On-chain data shows that Bitcoin miners have continued to sell recently, something that could be bearish for the cryptocurrency’s price. Bitcoin Miners Have Been Shedding Their Reserves Recently As pointed out by an analyst in a CryptoQuant post, there has been some intense pressure from miners in recent days. дальше »
2023-5-15 17:30 | |
How will USDT's growth impact Bitcoin [BTC]? According to this data....
Tether invested a large portion of profits into BTC. However, BTC miners got skeptical. After the collapse of the Silicon Valley Bank (SVB), Tether's [USDT] biggest competitor, Circle [USDC]The post How will USDT's growth impact Bitcoin [BTC]? According to this data.... appeared first on AMBCrypto. дальше »
2023-5-15 19:30 | |
BRC-20 tokens lose 600 million in market cap within four days
Quick Take On May 8, CryptoSlate reported that BRC-20 tokens hit a $1 billion market cap due to the soaring Bitcoin fees that miners were receiving. Yesterday, CryptoSlate reported that inscriptions might have run their course, with the average fee paid per block down from six Bitcoin to one Bitcoin. дальше »
2023-5-12 14:30 | |
Texas embraces greener Bitcoin mining with approval of flare gas emission bill
The Texas House and Senate have passed House Bill 591 – paving the way for Bitcoin miners to use flare gas emissions. Good for the environment In a message from the Texas Blockchain Council, posted by the Documenting Bitcoin Twitter, it was explained that the bill “clarifies” the sale of flare emissions for use by […] The post Texas embraces greener Bitcoin mining with approval of flare gas emission bill appeared first on CryptoSlate. дальше »
2023-5-12 18:49 | |
Bitcoin’s High Fees Brought Back Bull Market-Level Mining Revenue, But Not for Long
The transaction fees debacle might be a short lived revenue bump for the miners but provides a glimpse of the future for the miners. дальше »
2023-5-12 18:40 | |
Research: Bitcoin Inscriptions might have run their course
Bitcoin Ordinal Inscriptions, digital assets akin to NFTs inscribed on a satoshi, have been flooding the Bitcoin network with transactions, pushing it to an all-time high. While miners enjoy record-breaking profits from the fees generated, a surprising negative correlation has emerged between the number of transactions and active addresses. дальше »
2023-5-11 15:00 | |
Bitcoin mempool starts to clear as fee paid per block falls back to one
The cryptocurrency space has been buzzing this week with BRC-20 tokens' market cap exceeding $500 billion, fueled by the rise of Ordinals earlier this year. CryptoSlate reported an unusual phenomenon: Bitcoin miners receiving more income from transaction fees than block rewards. дальше »
2023-5-11 13:50 | |
Bitcoin [BTC]: Silver lining for miners as fees exceed 2021 levels, more inside
The divergence between daily miner revenue and 365-day SMA has broadened since the start of 2023. There were instances of transaction fees exceeding the block rewards given to miners. While The post Bitcoin [BTC]: Silver lining for miners as fees exceed 2021 levels, more inside appeared first on AMBCrypto. дальше »
2023-5-10 22:30 | |
Research: Ordinals, BRC-20 drive financial boon for Bitcoin miners
The introduction of NFTs and BRC-20 tokens on the Bitcoin network through the Ordinals Protocol has sparked debate over its effects on transaction fees and chain bloat. Despite these concerns, Glassnode data analyzed by CryptoSlate reveals unexpected benefits for Bitcoin miners. дальше »
2023-5-10 21:43 | |
Can Bitcoin [BTC] capitalize on Ordinals’ latest achievement
The increase in Ordinals fees caused a surge in miners' revenue. However, metrics for BTC were bearish, suggesting a further price decline. Bitcoin [BTC] Ordinals is creating new milestoThe post Can Bitcoin [BTC] capitalize on Ordinals’ latest achievement appeared first on AMBCrypto. дальше »
2023-5-10 03:30 | |
Bitcoin backlog surges, BTC touches $28k, miners thrive: Unraveling all the chaos
The percentage of Bitcoin miner revenue derived from fees soared to 42% in the last 24 hours. Because of the backlog surge, the number of unconfirmed transactions on Bitcoin hit a whopping 402,The post Bitcoin backlog surges, BTC touches $28k, miners thrive: Unraveling all the chaos appeared first on AMBCrypto. дальше »
2023-5-10 01:30 | |
Bitcoin Ordinals: Miner fees breaks new record, assessing the effects on BTC
Bitcoin Ordinals breaks records with daily fees paid to miners reaching over $1.4 million. BTC price shows a different trajectory with modest gains of less than 1%. The Bitcoin [BTC] phenomeThe post Bitcoin Ordinals: Miner fees breaks new record, assessing the effects on BTC appeared first on AMBCrypto. дальше »
2023-5-8 11:30 | |
Analyzing Bitcoin mining companies' behavior to assess sell pressure
Bitcoin mining companies slow down on BTC sell-off while miners' revenue continues to increase. Retail investors stay optimistic. Bitcoin miners have long been subjected to the cryptocurreThe post Analyzing Bitcoin mining companies' behavior to assess sell pressure appeared first on AMBCrypto. дальше »
2023-5-8 21:30 | |
Bitcoin Miners Reap Profits As Mining Difficulty Hits 3-Month Low
Bitcoin miners have received a boost in profits after the scheduled difficulty level adjustment resulted in a positive balance. This is the first time since February that the difficulty, which controls the issuance of coins on the network, has decreased. дальше »
2023-5-6 11:53 | |
Montana passes ‘right to mine’ proposal
A pro-cryptocurrency mining measure, S.B. 178, was signed into law in Montana. It gives rights to cryptocurrency miners in the state and aims to create a more favorable climate for the crypto in US. дальше »
2023-5-5 14:26 | |
Is Bitcoin [BTC] mining still profitable? Refer to this data for an answer
Fees generated on the Bitcoin network rose and miners began to see profits. Selling pressure on miners declined while MVRV ratio for holders continued to surge. Despite Bitcoin [BTC] experiThe post Is Bitcoin [BTC] mining still profitable? Refer to this data for an answer appeared first on AMBCrypto. дальше »
2023-5-4 17:30 | |
Presidential candidate Robert Kennedy Jr condemns Biden administration for its anti-crypto stance
Presidential candidate Robert Kennedy Jr criticized the Biden administration for proposing 30% tax on miners Kennedy accused the administration of using the environmental argument as a pretextThe post Presidential candidate Robert Kennedy Jr condemns Biden administration for its anti-crypto stance appeared first on AMBCrypto. дальше »
2023-5-4 17:00 | |
Is It Feasible for Biden’s Proposed 30% Tax on Crypto Mining?
President Joe Biden has proposed a tax on cryptocurrency mining to address economic and environmental concerns, but experts are skeptical about its implementation. The proposal, named Digital Asset Mining Energy (DAME) excise tax, would impose a tax of up to 30% on the electricity costs of crypto miners, with increments of 10% over three years […] Сообщение Is It Feasible for Biden’s Proposed 30% Tax on Crypto Mining? появились сначала на Coinstelegram. дальше »
2023-5-4 12:54 | |
Bitcoin: Why Uncle Sam's latest move could mean trouble for BTC miners
Bitcoin faces more headwinds as the U.S. government prepares for another attack. Reportedly, the tax aims at encouraging mining companies to pay for the environmental impact of mining The UThe post Bitcoin: Why Uncle Sam's latest move could mean trouble for BTC miners appeared first on AMBCrypto. дальше »
2023-5-4 10:30 | |
Biden Administration Seeks to Impose 30% Tax on Crypto Mining
Coinspeaker Biden Administration Seeks to Impose 30% Tax on Crypto Mining The White House Council of Economic Activities (CEA) is looking to penalize the crypto mining sector stating that the high energy consumption by crypto miners have spillover effects on the environment and quality of life. дальше »
2023-5-3 14:22 | |
White House advisers rekindle 30% energy tax on digital mining notion
the White House advisers are again proposing a 30% energy tax on cryptocurrency miners due to negative environmental impact. The proposal has however drawn criticism from the crypto community. дальше »
2023-5-3 12:54 | |
Canadian province New Brunswick has denied energy to crypto miners for months
New Brunswick’s main power company began to deny energy applications from crypto miners and other large-scale users in 2022, the CBC said on May 1. The cabinet order that endorsed the moratorium included concerns from the province’s main power company. дальше »
2023-5-3 00:48 | |
New Dogecoin and Litecoin Miners Launch While Altcoins Stumble
BIT Mining rolls out a new model, the LD4, for mining Dogecoin and Litecoin. But Bitcoin is performing extraordinarily well, claiming ever more market share. The post New Dogecoin and Litecoin Miners Launch While Altcoins Stumble appeared first on BeInCrypto. дальше »
2023-5-3 00:39 | |