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Bitcoin Miners Halt Bull Rally as They Begin Offloading Their BTC Holdings

Bitcoin’s intense rally seen throughout the past few days has slowed down slightly, with buyers finding some resistance around $16,000 The rejection here yesterday wasn’t too intense, but it has kicked off a consolidation phase in the upper-$15,000 region One trend to keep an eye on in the near-term is outflows from miners onto exchanges This trend suggests that miners who have watched their assets appreciate rapidly in value may begin taking some profits off […] дальше »

2020-11-7 21:00


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Miners’ Influence Over Bitcoin Price Drops Alarmingly – What’s Next?

The price point of Bitcoin is influenced by different fundamental factors and miners’ effect on the price of Bitcoin has begun to slowly diminish, according to new research. Coinmetrics, the on-chain analytics website behind the research observed that despite miners accumulating additional thousands in their annual Bitcoin earnings, their level of control and influence on […] дальше »

2020-11-7 20:44


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Iran’s New Crypto Law Requires Miners to Sell Bitcoin Directly to Central Bank

Iran has reportedly revised the country’s cryptocurrency regulation to require licensed bitcoin miners to sell their coins directly to the central bank for use to fund imports. Iran’s Revised Crypto Law The Iranian government has amended its cryptocurrency regulation to enable the country’s central bank to fund imports with bitcoin legally mined in the country, […] The post Iran’s New Crypto Law Requires Miners to Sell Bitcoin Directly to Central Bank appeared first on Bitcoin News. дальше »

2020-10-30 16:55


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Bullish for ETH: Miners Aren’t Selling Ethereum Despite Its Sizable Rally

Ethereum’s price has rocketed over the past few days alongside Bitcoin, but it has been underperforming the benchmark crypto While Bitcoin is currently on the brink of setting fresh yearly highs, ETH is trading down significantly from its $490 highs that were set a couple of months ago For ETH to outperform BTC, there will likely have to be a resurgence in the DeFi space This will drive transactional volume and buy-side pressure for ETH […] дальше »

2020-10-25 22:00


Asic Jungle prepares to launch crypto mining hardware marketplace

Today, Asic Jungle unveils the development of a first-of-its-kind open marketplace for cryptocurrency mining hardware with the launch of its platform’s demo and beta versions. With North America experiencing continued growth in crypto mining operations and no standardized solution available for miners to liquidate their hardware, Asic Jungle identified the need to professionalize the previously […] CryptoNinjas » Asic Jungle prepares to launch crypto mining hardware marketplace дальше »

2020-10-13 05:55