Bitcoin Miner Selloff Is Calming Down: Green Sign For Rally To Continue?

On-chain data shows the Bitcoin miner exchange inflows have been dropping recently, a sign that may be bullish for the asset’s price. Bitcoin Miner Exchange Inflow Has Been Declining Recently As explained by CryptoQuant author Axel Adler Jr in a new post on X, miners have gradually been reducing their exchange inflows recently.

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Analyst: Bitcoin ETF inflows surge over $1b last week, miners see rally

Bitcoin ETFs saw record inflows as miners expanded operations — analysts from H. C. Wainwright link a BTC rally to easing global monetary policies. According to H. C. Wainwright’s latest report shared with crypto.

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Top Bitcoin miners expect a BTC price rally: experts

Industry experts expressed optimism about the sector and the leading cryptocurrency’s price performance post-halving in comments to crypto. news today, July 31. Bitcoin mining has been in the spotlight since the latest Bitcoin halving in April.

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Bitcoin Ready to Rally — BTC Demand Surges at Key Levels as Miners’ Selling Pressure Eases

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Bitcoin price bouce will occur when ‘weak hands’ capitulate and hashrate recovers

Analysts say Bitcoin price will rally only after BTC miners capitulate and the network’s hashrate recovers.

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Bitcoin Miners Cash in on BTC Rally as Crypto Exchange Transfers Hit Two-Month High

Transfers from bitcoin {{BTC}} mining pools to exchanges reached a two-month high this week as BTC hovered around its local high $70,000.

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Bitcoin Miners Cash in on BTC Rally as Exchange Transfers Hit Two-Month High

Transfers from bitcoin {{BTC}} mining pools to exchanges reached a two-month high this week as BTC hovered around its local high $70,000.

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Bitcoin Miners Are Better Positioned for the Halving This Time Round: Benchmark

Bitcoin's rally in the past six months will help cushion crypto miners from the effects of the 50% cut in their earned rewards, the report said.

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Bitcoin Miners Are Set for a Coiled Spring Rally

Miners face uncertain times as the halving changes Bitcoin’s economics. Which groups are best positioned for the future? Dan Weiskopf, at Tidal Financial Group, gives a run-down.

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Litecoin Soars Past $105 – Is LTC Set For Epic Rally This April?

Litecoin (LTC), the “silver” to Bitcoin’s “gold,” has surged in recent weeks, buoyed by a combination of technical factors, strong investor interest, and strategic accumulation by miners.

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Bitcoin: How this cohort has helped BTC stay above $60K

The year so far has seen a rally in BTC whale accumulation. The recent hike in the coin’s price has caused miners to take profits. Bitcoin [BTC] has seen a significant rise in whale accumuThe post Bitcoin: How this cohort has helped BTC stay above $60K appeared first on AMBCrypto.

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Bitcoin miners enter $8.2b selling spree: $60k price rally at risk?

Bitcoin (BTC) price tumbled to a weekly low of $50,664 on Feb 21 narrowly avoiding massive liquidations, on-chain data analysis pinpoints the likely causes of the recent pullbacks. 

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BlockDAG Unveils Miners for Profitable Mining as Bitcoin’s Funding Rate Hits 66%, and Litecoin Expects a Rally

The crypto industry is experiencing new changes as we enter the new year. On 1st January, Bitcoin (BTC) price gave a strong bounce-back, gaining more than 7% and shooting $45,000 levels. On the other hand, Litecoin (LTC) expects a bull run at the start of 2024.

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Bitcoin Price Correction Imminent as Miners Enter Selling Spree

CryptoQuant predicts an imminent Bitcoin price correction due to high unrealized profits and potential selling pressure from miners, despite the cryptocurrency's recent rally and anticipation of a spot Bitcoin ETF.

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Dogecoin Miners Snap up 400M DOGE in 48 Hours – Is it a Price Rally Signal?

On-chain analysis pinpoints key indicators that could impact Dogecoin (DOGE) price movement in the days ahead? The post Dogecoin Miners Snap up 400M DOGE in 48 Hours – Is it a Price Rally Signal? appeared first on BeInCrypto.

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Bitcoin Miners Switch To Selling, Rally Ends Here?

On-chain data shows that Bitcoin miners have turned to selling recently, a sign that the asset’s price could be bearish. Bitcoin Miner Reserve Has Been On The Decline Recently As analyst James V.

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Bitcoin miners cheer as hashprice continues to push higher

The portion of block rewards coming from fees leaped to a six-month high of 27%. More than 5,000 BTC coins have been offloaded by miners since the late-October rally. Bitcoin [BTC] blasted pThe post Bitcoin miners cheer as hashprice continues to push higher appeared first on AMBCrypto.

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Miners sold more Bitcoin than minted in October 

Leading Bitcoin miners sold 5,492 BTC during October's market rally, exceeding their monthly production.

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Bitcoin Cash (BCH) Miners Cut Reserves to 5-Year Low – Can the Bulls Sustain the Rally?

On-chain analysis examines the BCH Miners $200 million sell-off could impact the Bitcoin Cash price rally in the coming days. The post Bitcoin Cash (BCH) Miners Cut Reserves to 5-Year Low – Can the Bulls Sustain the Rally? appeared first on BeInCrypto.

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Will Dogecoin (DOGE) Miners Trigger Major Price Action With $56M Accumulation? 

Dogecoin (DOGE) price has had a dismal performance over the past month. However, Miners have taken positive disposition.  Will it trigger a price rally?   The post Will Dogecoin (DOGE) Miners Trigger Major Price Action With $56M Accumulation?  appeared first on BeInCrypto.

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Litecoin (LTC) Bears Eye Reversal to $50, but Can the Bulls Prevent It? 

The recent price rally from the positive Grayscale ruling did not sway the bearish Litecoin miners. Is LTC price set for a bearish reversal toward $50? The post Litecoin (LTC) Bears Eye Reversal to $50, but Can the Bulls Prevent It?  appeared first on BeInCrypto.

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Bitcoin silently breaches resistance, spurred by altcoin rally

CryptoQuant revealed that Bitcoin miners increased their accumulation over the last few weeks. However, the latest data suggested that selling sentiment was dominant.  The crypto market wasThe post Bitcoin silently breaches resistance, spurred by altcoin rally appeared first on AMBCrypto.

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Tens of Millions of DOGE Top up Miners' Reserves: Is Dogecoin Rally Ahead?

Millions of DOGE flow into Dogecoin miners' wallets in what may seem bullish signal, but there's a catch

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Bitcoin (BTC) Price Soars Above $31,000 Again – Is Blackrock Behind it? 

Bitcoin price soared above $31,000 on Thursday morning. Asides from the recent positive comment by Blackrock CEO Larry Fink, the bullish sentiment among BTC miners has also been pivotal to the ongoing rally.

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Bitcoin Cash Hashrate, Mining Difficulty Skyrockets As Miners Chase BCH Profits

Bitcoin Cash (BCH) has recently dominated the headlines with massive gains in the current overall crypto market rally. Its price recently surged over 200% this month after being listed on EDX Markets, a new exchange backed by major institutions.

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Dogecoin (DOGE) Miners Are Holding, Could the Price Start Rallying?

DOGE has surged 13% since March 10. Could the recent accumulation trend among Dogecoin miners trigger another price rally?  The post Dogecoin (DOGE) Miners Are Holding, Could the Price Start Rallying? appeared first on BeInCrypto.

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Bitcoin Miners Are Starting to Emerge From Brutal Crypto Winter

After several bankruptcies and fire sales, the rally in bitcoin’s price is providing some relief for the miners, although they may not be completely out of the woods yet.

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Reduced To Penny Stocks In 2022, Public Bitcoin Miners Are Primed To Come Back

After a historically-bad year for bitcoin mining, public companies that fell into penny stock status surged back in January following a strong bitcoin rally.

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Bitcoin miners’ selling pressure hits 3-year low

Bitcoin (BTC) miners’ selling pressure has reduced to lows last witnessed three years ago. The miners ease up on the distribution campaign they previously embarked on in 2022. The relief recorded among miners can be attributed to bitcoin’s recently-engineered rally,…

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Bitcoin Miners Show Signs Of Dumping, Bad For Rally?

On-chain data shows Bitcoin miners could be dumping right now, a sign that could provide an impedance to the rally. Bitcoin Miners’ Position Index Has Shot Up Recently As pointed out by an analyst in a CryptoQuant post, miners may be putting selling pressure on the market currently.

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Litecoin (LTC) Halving 2023, Could This Spark a Price Rally In Ethereum (ETH) and Orbeon Protocol (ORBN)

Bitcoin, Litecoin and various other cryptocurrencies operate by a PoW (Proof of Work) mechanism, essentially securing the network by requiring miners to perform a certain amount of work in order to record transactions.

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Bitcoin miners, BTC halving rates, and what HODLers can expect in 2024

A new report suggests that the next Bitcoin halving could trigger a rally However, miners could face the pressure as revenues and fees dwindle The next Bitcoin [BTC] halving, which is expectThe post Bitcoin miners, BTC halving rates, and what HODLers can expect in 2024 appeared first on AMBCrypto.

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Bitcoin Miners Continue Distribution, Bad Sign For The Rally?

On-chain shows Bitcoin miners have been in a phase of distribution recently, a sign that could prove to be bearish for the price of the crypto. Bitcoin Miner Reserve Observes Downtrend As Miners Look To Dump As pointed out by an analyst in a CryptoQuant post, the latest selling from BTC miners may force the […]

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Bitcoin Miner Revenues Continue To Plunge, But Will The Rally Change This?

Bitcoin miner revenues have been plummeting ever since the price of BTC peaked back in November. This has put miners in a tight spot, causing a good number of them to sell their BTC holdings in order to keep financing their operations.

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Bitcoin mining stocks rebound sharply despite a 70% drop in BTC miners' revenue

The rally across top Bitcoin mining stocks could trap bulls as BTC price sentiment remains gloomy.

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With Bitcoin miners distributing their holdings, here's what the future holds for BTC

Bitcoin’s price rose above $30,000 over the weekend and continued to hold firm at press time. BTC traded at the $30.4k mark with a 1.37% surge at press time. This marks the first rally in weeks as The post With Bitcoin miners distributing their holdings, here's what the future holds for BTC appeared first on AMBCrypto.

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CleanSpark, Hut 8 Stocks Lead Bitcoin Miner Rally as Markets Bounce Back

Those miners with larger operations and lower costs are winning favor with investors amid volatile market conditions.

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Bitcoin MPI Spikes Up Suggesting Miners May Be Dumping

On-chain data shows the Bitcoin MPI has spiked up recently, suggesting that miners may have started to dump the crypto. Bitcoin Miners’ Position Index (MPI) Has Sharply Risen Recently As pointed out by an analyst in a CryptoQuant post, some data suggests BTC miners may have began to dump the coin following recent rally. The […]

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On-Chain Data Shows Bitcoin Miners Hold Off On Selling Despite BTC Rallying Above $57k

According to on-chain data, Bitcoin miners seem to be holding off on selling BTC despite the recent rally where the coin has crossed $57k. Bitcoin Miner Reserves Continue To Move Sideways As pointed out by a CryptoQuant post, BTC miner reserves continue to trend sideways amid the coin’s strong move up.

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Stock market highlights: Miners lead the way on UK100, cryptos mixed, Wall Street up

Over the past 24 hours, the crypto market had no clear direction. Some of the main cryptos lost ground, others gained. US stock indices improved after the Senate reached a debt deal. Oil continued to rally.

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Nvidia reports record earnings, claims it's 'hard to determine' impact of crypto miners

Despite the surging crypto market rally, Nvidia believes its record first-quarter earnings are the result of high demand from the gaming industry.

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How Another Chinese Power Outage May Have Led to Bitcoin’s Flash Crash This Week

Earlier in April, an accident at a Chinese coal mine in Xinjiang sent Bitcoin network’s hash rate plummeting 30% in a span of a day, which crippled the major cryptocurrency’s rally.  Now, Bitcoin’s hash rate is suffering a similar loss as miners based in Sichuan, China face limitations on power usage.  The State Grid in […]

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Ethereum Classic (ETC) Price Expands Its Rally Over $167. Here's How It Affects Hashrate

It looks like more and more miners have adjusted their rigs to Ethereum Classic (ETC) algorithm

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Bitcoin Miners Dumping Half A Million BTC Couldn’t Dent Bull Rally

Bitcoin price is still fighting to break back above $60,000 per coin, but things could push higher according to miner behavior. After dumping more than a half a million BTC on the market during the bull rally, and barely being able to make a dent in terms of price decline, miners might have finally given in and started holding their coins for the sudden surge ahead.

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Supply crunch incoming? Bitcoin miners stop selling

Bitcoin continues to consolidate in the high $50,000 area, meanwhile, its fundamentals are strengthening and seem to point towards a price breakout. Analyst Ali Martinez has shared data from Glassnode to predict the timing for a new BTC price rally.

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Bitcoin Miners Net Position Turns Positive: Is A Rally to New Highs Overdue?

After weeks of gut-wrenching volatility, the start of April has been much kinder to Bitcoin. Following a record-breaking $6. 4b options expiry, Bitcoin’s price action has been far less volatile in the past few days.

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Bitcoin miners stop selling, why it is bullish for BTC?

Bitcoin is wobbling in a critical support zone. New indicators are bullish and point to a continuation in the rally. Moskovski Capital CIO Lex Moskovski shared data from Glassnode showing that a trend in Bitcoin miners has reversed.

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Here’s how Bitcoin miners are helping out with the next rally

The 1st quarter of 2021 is nearing an end, but the landscape has been anything but monotonous for Bitcoin. In fact, while the digital asset has managed to register a new ATH 4 times in a span of 10 weThe post Here’s how Bitcoin miners are helping out with the next rally appeared first on AMBCrypto.

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A peek into the Bitcoin miner’s 2020: Interview with BTC.top’s Jiang Zhuoer

Miners are making bank amid the price rally as manufacturers struggle to produce chips.

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