[ad_1] Bitcoin miner reserves can often be a tell for where the market could be headed next due to their large holdings. These reserves going up or down can pinpoint how miners are looking at the market, and a drop in their reserves can be bad for the BTC price. Miners Reserves Drop By 14,000 … Read more
[ad_1] The increased selling happens as the next Bitcoin halving, a quadrennial event when the reward to miners for securing the Bitcoin blockchain is cut by half, is due in April. The halving will have an immense impact on miners’ profitability, potentially pushing smaller, less efficient operations out of business or being forced to merge … Read more
[ad_1] The days of rising crypto prices lifting all boats, including mining stocks, may be gone. But it still looks like being a good year for digital assets, says Alex Tapscott. [ad_2] Source link
[ad_1] The Bitcoin price has been experiencing a phase of stagnation over the past days, leaving investors and analysts searching for the underlying causes. Three key factors can be seen as central to explaining Bitcoin’s current sideways trading trend: #1 ETF Inflows Are Offset By GBTC Selling, But For How Much Longer? The spot Bitcoin … Read more
[ad_1] Amid the excitement encompassing the approval of Bitcoin Spot Exchange-Traded Funds (ETFs), BTC miners have been spotted carrying out an aggressive selling spree leaving the community to ponder on the impact of the sell-off. Bitcoin Miners Engage In Selling Spree Well-known cryptocurrency analyst Ali Martinez shared this information with the community on the social … Read more