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Cryptoquant: Bitcoin Miners Expand Capacity But Struggle to Stay Profitable

[Aug 15 5:30 PM] Bitcoin miners are expanding their hashing capacity, reaching new record highs despite ongoing challenges in profitability. This report from Cryptoquant Institutional Insights highlights that miners are selling off assets as they face diminishing…

Analysts forecast $200K+ Bitcoin price after BTC’s bullish momentum returns

[Jul 17 3:30 PM] Bitcoin’s decisive move above $65,000 and miners' return to deep profitability could lead to BTC hitting $220,000.

Market Jitters: Germany Offloads 3,820 BTC in a Week, Impacting Crypto Sentiment

[Jul 2 10:34 AM] Over the past seven days, data reveals that the German government has transferred 3,820 BTC to cryptocurrency exchanges, with around 2,165.49 BTC moved in the last eight hours. German Government’s Bitcoin Transfers Cause Stir A week ago…

From $3 Billion to $2.83 Billion: German Government Transfers Another Cache of Bitcoin

[Jun 25 8:23 AM] According to data from Arkham Intelligence, since Jun. 23, 2024, the German government has moved 820 BTC, valued at slightly above $50 million. A substantial portion of these funds was directed to the centralized cryptocurrency exchanges Kraken and…

Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures

[Jun 18 5:30 AM] In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. Price Drop Squeezes Bitcoin…

Bitcoin breaks 18-month hashrate uptrend: Are BTC miners capitulating?

[Jun 14 5:32 AM] Despite the drop in hashrate, Bitcoin miner selling isn’t correlated with the BTC price drop from $71,100 to $66,000.