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BITCOIN MINERS

Argo Shares Plunges 72% After Fundraising Fails to Go Through
Bitcoin Miners

Argo Shares Plunges 72% After Fundraising Fails to Go Through

Shares of Bitcoin miner Argo fell 72% on Monday after a strategic investor failed to participate in the company's fundraising event

Bitcoin Miners’ Accumulation Has Been Consistent for Nearly a Year
Bitcoin Miners

Bitcoin Miners’ Accumulation Has Been Consistent for Nearly a Year

Bitcoin miners have consistently accumulated more coins for almost one year, according to market insight provider Glassnode.

Bitcoin Miners Have Transformed to Holders and Buyers Since 2020
Bitcoin Miners

Bitcoin Miners Have Transformed to Holders and Buyers Since 2020

Bitcoin miners have emerged as notable holders and buyers in the crypto space, which signifies a behavioral change.

Publicly-Traded Bitcoin Miners’ Accumulation Goes a Notch Higher
Bitcoin Miners

Publicly-Traded Bitcoin Miners’ Accumulation Goes a Notch Higher

As Bitcoin (BTC) surpassed the $55K level for the first time since May, publicly-traded miners have been cashing in as they have been in an accumulation stage.

Bitcoin’s Supply Ratio on Exchanges Hit a 26-Month Low as BTC Miner Reserves Edge Closer to an ATH
Bitcoin Miners

Bitcoin’s Supply Ratio on Exchanges Hit a 26-Month Low as BTC Miner Reserves Edge Closer to an ATH

Bitcoin (BTC) holders continue to show their confidence in the leading cryptocurrency as the supply ratio on exchanges slumped to a 26-month low.

Bitcoin Miners’ Outflow Volume Hit a Monthly Low
Bitcoin Miners

Bitcoin Miners’ Outflow Volume Hit a Monthly Low

Bitcoin miners are not yet out of the woods because their outflow volume reached a monthly low of 47.163 BTC.

A Breakout May Happen in the Bitcoin Market Soon, says Market Analyst
Bitcoin Miners

A Breakout May Happen in the Bitcoin Market Soon, says Market Analyst

Market analyst Michael van de Poppe believes that a breakout might happen in the Bitcoin market in the course of the week because the volume is draining down.

Investors See Bitcoin as a Long-Term Investment, says Crypto Analyst
Bitcoin Miners

Investors See Bitcoin as a Long-Term Investment, says Crypto Analyst

Despite the current price correction, on-chain analyst Willy Woo has revealed that Bitcoin’s velocity is higher than that of funds allocated for spending it.

Bitcoin Miners’ Control of BTC Network is Gradually Shrinking
Bitcoin Miners

Bitcoin Miners’ Control of BTC Network is Gradually Shrinking

Coin Metrics, a provider of on-chain and off-chain crypto asset market data, has released a new report showing Bitcoin miners’ control of the BTC network is decreasing.

18,000 Bitcoin Whales Circle the Crypto Market, Each Holding At Least $1 Million in Bitcoin
Bitcoin Miners

18,000 Bitcoin Whales Circle the Crypto Market, Each Holding At Least $1 Million in Bitcoin

Glassnode’s recent report shows that the number of Bitcoin addresses holding at least $1 million worth of Bitcoin has increased by 38%. Currently, there are 18,000 Bitcoin whales.