Bitcoin halving reduces supply, sparks price speculation. Bitfinex: Daily supply down to $30M, demand exceeds $150M. On-chain data shows outflows to cold storage, slow miner sell-offs. Historical trends favor price surges post-halving.
Huang BoAs long as POW does not disappear, miners will always find ways to survive and even make enough money. Just like Wu Jihan, who has experienced the peak, turmoil, palace fighting, and low-key behavior, he can still flexibly continue to contribute the Chinese people's strength to the mining industry.
JinseFinanceAccording to a recent Bloomberg report, more than 6,000 outdated Bitcoin mining equipment in the United States will be updated and resold to miners around the world.
JinseFinanceHe wrote on the social media
JinseFinanceArk Invest CEO Cathie Wood expects spot Bitcoin exchange-traded funds (ETFs) to send Bitcoin prices “significantly higher.”
JinseFinanceWith JPMorgan as their authorized participant, the intermediary firm, the ETF can first be realized by converting Bitcoin into cash and vice versa.
JinseFinanceBitcoin faced a setback as miners cashed out 3,000 BTC, contributing to a recent price drop. Unusual selling levels by miners intensified the impact, prompting a recovery push to $42,900. While miners focused on covering operational costs, regular investors exhibited longer holding patterns. Despite the brief downturn, market resilience suggests ongoing investor confidence
SanyaSelling pressure had been mounting on public bitcoin miners over the last couple of months. This was a direct result ...
BitcoinistCrypto mining is a safe, legitimate experience enabling individuals to earn passive income and potentially build wealth from their investments. ...
BitcoinistWith BTC falling in price since November and revenues falling further due to increased competition, miners are starting to be cash-strapped and need a boost.
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