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Bitcoin Mining Firm Luxor Launches ASIC Trading Desk


On January 11, 2022, the Washington-based bitcoin mining operation Luxor announced the launch of a new application-specific integrated circuit (ASIC) trading desk. According to the company, Luxor’s new trading desk will give miners and investors access to bitcoin ASIC mining rigs “at...

Asian Sellers Weighing on Bitcoin Price, But Possibly Not for Much Longer


  The bitcoin (BTC) price on average moves markedly lower during Asian business hours than it does during the European and US business hours, indicating that significant selling pressure is coming from Asian investors, new data from on-chain analytics firm Glassnode suggests.... Read More: Asian...

Bitcoin Miners See High Prices as 'Opportunity,' Become Sellers


Bitcoin (BTC) miners have once again turned into net sellers of bitcoin, with miner inventories dropping to levels not seen since early September. However, miners aren’t necessarily turning bearish “en masse,” although some are looking to offload “excess inventory,” according to an analyst....

Bitcoin and Ethereum Reach Key Support, Altcoins Face Sellers


Bitcoin price started a downside correction from the USD 67,000 zone. BTC corrected lower below USD 65,000 and USD 63,500, before going higher again. It is currently (11:51 UTC) trading above USD 63,500, but there is a risk of a downside correction. Besides, most major altcoins are also correcting...

TRON (TRX) Juggles Between Buyers and Sellers


TRON has positioned itself as one of the fastest transactions offering cryptocurrency, with the current levels providing as high as 2000 transactions per second. In addition, it broke the internet with the news of acquiring the file-sharing platform BitTorrent in 2018. Since that announcement, TRON...

FOHO Is Building a Transparent Fractional Ownership Marketplace


PRESS RELEASE. Toronto, July 19, 2021 – FOHO is building a transparent fractional ownership marketplace that uses the wisdom of crowds to uncover deals, hold sellers and property managers accountable and manage usage and income disbursal for real estate assets. Their modus operandi revolves...

Hydropower Stations Up for Sale Amid China’s Crackdown on Crypto Mining


Small hydropower plants have been put up for sale in China as demand for their cheap energy decreases following the government’s crackdown on crypto miners. Just as with mining rigs, their prices have been going down, leaving owners with limited options to recoup their investments. Ads...

Data Shows Bitcoin Addresses in Accumulation Captures Fresh New Highs


After bitcoin prices dipped to a low of $30,066 per unit last week, lots of people have been focused on the panic sellers. Meanwhile, when bitcoin prices plunged, the number of bitcoin addresses in accumulation tapped an all-time high at 545,115 addresses. Number of Bitcoin Accumulation Addresses...

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