Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After setting a new all-time high (ATH) earlier in the month, the Bitcoin Hashrate has seen a crash. Here’s what this could mean for the asset. 7-Day Average Bitcoin Hashrate Has Plummeted Since The Record The “Hashrate” refers to an indicator that […]
Bitcoin Hashrate Plunges 11%—Are Miners Turning Bearish? Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data suggests the Bitcoin miners are currently quite underpaid. Could this trigger a selloff from these chain validators? Bitcoin Miners Are Extremely Underpaid According To This Model As pointed out by analyst IT Tech in a CryptoQuant Quicktake post, the Miner
Bitcoin Miners Now ‘Extremely Underpaid’: Ticking Time Bomb? Read More »
After attaining a peak of 946 exahash per second (EH/s), Bitcoin’s computational power has since receded beneath the 900 EH/s threshold, with corresponding mining profitability exhibiting a similar decline. Mining Pressure Mounts: Hashrate Drops, Earnings Grow Thinner By early afternoon Thursday, the valuation of bitcoin (BTC) hovered just above the $104,000 threshold. Merely days prior,
Bitcoin’s Hashrate Nosedives After Weekend High—Miners Feel the Squeeze Read More »
Key Notes Bitcoin price retraced below $105,000 on June 18, as bulls struggled to maintain early momentum from European trading hours. Miner wallets have offloaded 30,000 BTC since May 27, according to IntoTheBlock data. BTC 24-hour peak presses against the Keltner channels mid-band confirming major short-term resistance at the $105,800 level. Bitcoin price retraced towards
Bitcoin Price Prediction: Miners Selloff $3.1B BTC Holdings in 20 Days, What’s Next? Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Despite a recent slump in Bitcoin (BTC) price driven by rising geopolitical tensions in the Middle East, overall market sentiment remains positive, with the leading cryptocurrency still trading in the mid-$100,000 range. Further, a key on-chain indicator suggests that the current BTC
Bitcoin Rally Not Yet Euphoric? Puell Multiple Suggests More Upside Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin (BTC) experienced a mild sell-off yesterday, hitting a daily low of $100,372 on Binance crypto exchange. However, recent on-chain data suggests the price slump may persist, as BTC miners continue transferring coins to exchanges at unprecedented levels. Bitcoin Miners-To-Exchange Transfers Hit
Bitcoin Sell-Off Warning? Miner-To-Exchange Transfers Hit Historic Highs Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the 7-day average of the Bitcoin Hashrate has just set a new record, despite network difficulty being at an all-time high. Bitcoin Hashrate Has Observed A Sharp Surge Recently The “Hashrate” refers to an indicator that keeps track of
Bitcoin Hash Breaks Record Even As Mining Harder Than Ever Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Bitcoin network Difficulty is set to go up in the next adjustment and is estimated to reach a new all-time high (ATH). Bitcoin Difficulty Will Go Up Again In The Upcoming Adjustment The “Difficulty” refers to a feature
Bitcoin Difficulty Set for Another Jump—How High This Time? Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Bitcoin miners are currently making more than $50 million in daily revenue. Here’s whether this is near the record or not. Bitcoin Miner Revenue Has Seen A Surge Recently In a new post on X, CryptoQuant author Axel
Bitcoin Miners Now Making $50M Daily—How It Stacks Vs Past Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After a weekend of consolidation just below its all-time high near $112,000, Bitcoin is entering the new week with momentum building and bullish sentiment rising. Trading around $110K, BTC continues to hold a strong technical structure, and many analysts believe it’s only
Bitcoin Miners Increase Selling Pressure Post-ATH: Market Absorption Stays Strong Read More »
