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2024’s major crypto trends: BlockDAG sells over $2.2 million mining rigs, UNI price surge forecast and Bitcoin’s fee reduction
26.4.2024
The cryptocurrency landscape is witnessing significant shifts post-Bitcoin halving, where transaction fees have dramatically decreased after an initial spike. Concurrently, forecasts for Uniswap (UNI) show a bullish trend on the horizon. Despite the halving primarily affecting miners,...
Miners Offload Bitcoin in Anticipation of Reward Halving, Says Cryptoquant
6.4.2024
Data from Cryptoquant indicates that bitcoin miners have been offloading their assets in anticipation of the upcoming Bitcoin network halving, slated to take place in two weeks. Cryptoquant highlighted a peak in daily sales to over-the-counter (OTC) trading desks, a figure unmatched since...
Bitcoin Miner Sales Slump to Three Year Lows as Capitulation Risks Fade – What Does This Mean For The BTC Price
26.1.2023
According to data cited by Bitfinex analysts earlier this week, Bitcoin miners are slowing the pace at which they sell the world’s largest cryptocurrency by market capitalization. Bitfinex, citing on-chain data from crypto analytics platform Glassnode, said that BTC flows from miner wallets...
Bitcoin Jumps to $23K, Looks Bullish as Miner Sales Hit Three-Year Low
24.1.2023
Buying pressure remains spot-driven, but prices are easily movable due to relatively lower liquidity, analysts at Bitfinex said in a Tuesday note
Report: $4B in Bitcoin Mining Loans Are in Distress — JPMorgan Analyst Says Price Pressure Stems From Miner Sales
27.6.2022
Cryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The report, which quotes the co-founder of mining company Luxor Technologies, Ethan Vera, says that...
Alibaba to ban crypto miner sales amid Chinese crackdown
28.9.2021
Any sellers that list crypto miners or relevant products on Alibaba’s platforms after Oct. 15 will face significant penalties
Bitmain ceases Bitcoin miner sales to aid second-hand sellers following China ban
24.6.2021
The Bitcoin mining crackdown in China has significant ramifications for the cryptocurrency industry. Bitmain is stepping up its efforts to ease the burden on Chinese miners looking to offload their equipment in light of the ban
Nvidia supply shortage won’t stop $50M Q1 crypto miner sales, says CFO
25.2.2021
A perfect storm consisting of COVID-19, supply shortages and surging crypto prices has resulted in the best financial quarter in Nvidia's history, as the stock hits all-time highs
Bitmain Shifts Miner Sales Tactics, Betting Big on Bitcoin Halving Pump
10.12.2019
Bitmain has retooled its strategy for selling bitcoin miners, betting big that the cryptocurrency’s price will rally with next year's halving
MicroBT Expects $400 Million Q3 Revenue From Bitcoin Miner Sales Despite Chip Holdup
23.9.2019
The maker of WhatsMiner bitcoin miners says it expects to have delivered 200,000 devices by the end of the quarter