Miners are hoarding Bitcoin from record daily earnings
By Samuel Haig
Miners are back in accumulation mode, with 5,000 BTC added to Bitcoin’s unspent supply since the start of February. Bitcoin miners are stashing away their coins for higher prices, with direct transfers from miners to exchanges plummeting nearly 40% since…
5 key reasons why Bitcoin will likely see new all-time highs soon
By Chris Voehr
On-chain data suggests Bitcoin price will likely breakout to a new all-time-high soon, as whales, miners and long-term hodlers turn bullish again. The price of Bitcoin (BTC) has been under severe selling pressure by whales for the past two months…
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Old School Bitcoin Whales Are Moving: This Week a Single Entity Transferred 10,000 BTC Acquired in 2013
By Jamie Redman
While bitcoin’s price has neared the all-time price highs captured in February, old coins that have sat idle for many years have started to wake up from slumber. On March 4, at block height 673,162, a block reward worth 50…
Major Ethereum gas fee overhaul EIP-1559 scheduled for July
Users and investors delight as EIP-1559 is scheduled for July, but ETH miners are less than thrilled. A hotly awaited upgrade to the Ethereum network that may result in ETH becoming a deflationary asset is now scheduled for the “London”…
Bitfarms set to acquire 48,000 new miners in 2022 despite chip shortage
By Martin Young
Chinese supplier MicroBT will be providing the new hardware over the next two years. One of the largest publicly traded Bitcoin mining operations in the world, Bitfarms, has undertaken to purchase 48,000 new miners over the next two years.The Canadian…
Bitcoin sell-off over? Strong 'buy the dip' signal flashes for the first time since September
By Allen Scott
Bitcoin is retesting a key support level at $44K-$45K for the third time in the past week. The price of Bitcoin (BTC) has dropped to the key $44,000-$45,000 support level on Feb. 28 for the third time in the past…
Institutions and miners accumulating through Bitcoin chop; whales uncertain
Bitcoin in, and Bitcoin out: major players are deploying different strategies as BTC consolidates well under $58,400 highs. After a violent price reversal last week that saw Bitcoin retreat from all-time highs, traders and analysts are now eyeing major players…