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Public Mining Companies Experience Production Decline of 6-12% in April Post-Halving
7.5.2024
Public mining companies have reported decreases in Bitcoin production ranging from 6% to 12% for the month of April following the halving event.
The post Public Mining Companies Experience Production Decline of 6-12% in April Post-Halving appeared first on Cryptonews
Here’s How Bitcoin Miners Performed Last Month After The Halving
7.5.2024
Bitcoin miners are down but not out after the halving, netting significant revenue from transaction fees last month.
The post Here’s How Bitcoin Miners Performed Last Month After The Halving appeared first on Cryptonews
Bitcoin distribution 'danger zone' over, analysts say
6.5.2024
Bitcoin’s post-halving "danger zone" is over as Bitcoin establishes a firm footing above the $60,000 re-accumulation range, new analysis suggests
Summer will offer 'perfect opportunity' for investing in crypto — Arthur Hayes
6.5.2024
The BitMEX co-founder says the current phase of price consolidation is ideal for accumulating crypto before macroeconomic factors trigger the next leg up in the bull market
Runes and BRC-20s are just a stepping stone for Bitcoin DeFi
6.5.2024
Bitcoin is becoming a yield-generating asset, thanks to new token standards like Runes, which may only be a stepping stone for Bitcoin DeFi
Bitcoin mining revenue hits post halving yearly low
6.5.2024
Daily revenue from Bitcoin mining dropped to under $3 million as opposed to the previous daily average of roughly $6 million in the first four months of 2024
Epic Satoshi Spurs Launch of New Runes Tokens With $88M Market Cap
5.5.2024
According to onchain data, the ‘epic satoshi’ sold for 33.3 BTC has been inscribed, now linked to a freshly minted Runes protocol coin named “EPIC•EPIC•EPIC•EPIC.” The newly introduced EPIC runes tokens have already commenced trading, achieving...
The Halving Effect: Bitcoin Hashrate Decreases as Miners Prepare for Probable Difficulty Drop
5.5.2024
Just over two weeks have passed since the fourth Bitcoin halving took place. During this period, the network’s hashprice dropped from over $100 per petahash to below $45 at the beginning of May. It has since increased to $50 per petahash. Despite the modest rebound, the network’s...
Solana Meme Coin HAMMY Price Pops And Experts Believe This Other Coin is Next
3.5.2024
Bitcoin’s post-Halving slump has left Solana meme coin traders in the blues, and in a reflection of sentiment, a new depressed rodent token named Sad Hamster has seen HAMMY price explode overnight. This article will provide an analysis of HAMMY’s current price trends and look to see whether...
Bitcoin bottom in, now headed for a ‘slow grind higher’ — Arthur Hayes
3.5.2024
This week’s 12% Bitcoin retreat was a “well-needed market cleansing,” said the former BitMEX boss
Bitcoin Post-Halving Price Consolidation Isn’t Over Yet: Bitfinex
2.5.2024
Analysts at cryptocurrency exchange Bitfinex predict the price of Bitcoin could consolidate for up to two months post-halving
The post Bitcoin Post-Halving Price Consolidation Isn’t Over Yet: Bitfinex appeared first on Cryptonews
‘Mr. 100’ buys the Bitcoin dip for the first time since halving — Is the BTC bottom in?
2.5.2024
Mr. 100, an entity previously identified as Upbit, has bought over $147 million worth of Bitcoin for the first time since the halving, suggesting an end to the current retracement
Stacks active accounts reach record high amid growing interest in Bitcoin DeFi
2.5.2024
The growing interest in Runes and Bitcoin DeFi will drive more activity to layer-2 networks, according to Stacks’ product manager
Bitcoin post-halving price consolidation could last 2 months, says Bitfinex
2.5.2024
The Bitcoin halving is widely expected to have a positive impact on the price of the preeminent cryptocurrency, but analysts expect volatile price consolidation in the short term
Bitcoin halving sees Bitfarms’ BTC mining earnings plummet
2.5.2024
Bitfarms is actively working to triple its current hash rate capacity to 21 exahashes per second (EH/s) with a $240 million investment
US Coal Miner Uses Excess Power to Mine BTC; Earns 61 Coins in Q1 2024
2.5.2024
Alliance Resource Partners (ARLP), a coal mining company in the U.S., recently disclosed its use of underutilized electricity loads for bitcoin mining. Cary Marshall, the company’s CFO, revealed that ARLP concluded the first quarter of 2024 with an approximate total of 425 bitcoins. Marshall...
The reasons Bitcoin price is down 11% since the halving
1.5.2024
Bitcoin’s current price action is “hardly a surprise” given the extraordinary bullish action leading up to the fourth halving
‘No signs’ of Bitcoin miner capitulation despite plummeting revenue
1.5.2024
CryptoQuant CEO Ki Young Ji said that despite a drop in Bitcoin mining revenues since the halving, Bitcoin miners haven’t shown any signs of capitulation
Bitcoin Miners Not Showing Capitulation Signs, Says CryptoQuant CEO
30.4.2024
The CEO of CryptoQuant, Ki Young Ju, described the predicament that Bitcoin miners are in after the halving on April 30. The investigator claims that miners are currently faced with a decision: they may either accept the state of the market or hold out for a possible rise in the price...
Bitcoin Breaks Through 1.6M Confirmed Transactions in a Single Day
30.4.2024
The recent launch of Bitcoin Runes has fueled a surge in Bitcoin payments, with 1.6 million transactions recorded in a single day. Data reveals a direct correlation between Runes and this spike in activity, highlighting its impact on the Bitcoin network.
The post Bitcoin Breaks Through 1.6M...