Is increased selling by miners contributing to bitcoin’s price troubles? NLW compares the state of bitcoin miners' balance sheets with price action in recent months.
Looking at data from the last few months to see whether miners have had to increase selling to cover costs.Looking at data from the last few months to see whether miners have had to increase selling to cover costs.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CoinDesk Podcast Network: BREAKDOWN: How Real Is This Relief Rally? on Apple PodcastsHow real is this relief rally? NLW explores the discussion around the bitcoin relief rally of the last two days, following the crash last weekend.
Read more »
Major Bitcoin Mining Firm Sells 3,000 BTC and Abandons HODLing Strategy | CoinMarketCapGiven the sheer amount of BTC that's held by miners, there are fears that persistent, large sell-offs could contribute to downward pressure on Bitcoin's price.
Read more »
CoinDesk Podcast Network: THE HASH: Tech Giants Set Standards for the Metaverse, Michael Saylor Calls for Regulations to Halt ‘Parade of Horribles’ on Apple PodcastsWhile SBF_FTX has stepped in to help struggling crypto companies, HesterPeirce stated she does not support crypto bailouts. “The Hash” team discusses the strategies and impact of crypto bailouts in a bear market.
Read more »
Bitcoin Miners Sold 100% of Their Outputs in May: AnalystAs the crypto dump worsened in June, Arcane predicted that bitcoin miners have sold even more bitcoins in June.
Read more »
Following BTC's Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction – Mining Bitcoin NewsOn June 22, at Bitcoin block height 741,888, Bitcoin’s mining difficulty decreased 2.35% lower than two weeks ago.
Read more »
Kate Mara to Star in Supernatural Thriller Podcast ‘Necropolis’ (EXCLUSIVE)Kate Mara will topline “Necropolis,” a scripted supernatural thriller podcast series from sci-fi and fantasy podcast studio Echoverse. Mara (“A Teacher,” “The Martian,…
Read more »