Bitcoin miners hedging with recent sell-offs: Bitfinex report
All-time high hash rates and mining difficulty indicate that miners are bullish on Bitcoin, while recent sell-offs could be a means to hedge positions.
All-time high hash rates and mining difficulty indicate that miners are bullish on Bitcoin, while recent sell-offs could be a means to hedge positions.
Original source
Read on CointelegraphRelated market context
Bitcoin Mining Difficulty Set for Steep Drop as Hashrate Slides After Price Crash
Bitcoin’s mining difficulty is on track for the second-largest downward adjustment this year, offering a reprieve to miners after...
Bitcoin Mining Cost Model Points To $47,000 Floor, But Analysts Urge Caution
TL;DR Crypto Rover says Bitcoin has never bottomed below electrical production cost, currently estimated at $47,000. Mining-cost m...
Uranium Holds Above $85 as Mining ETF Rebounds From June Sell-Off
The latest charts display that the market is divided into stable physical prices and uranium shares trying to regain momentum afte...
GameStop SEC Filing Highlights Coinbase Custody Liquidation Risk For Bitcoin Holdings
TL;DR GameStop’s Form 10-Q includes digital asset custody risk disclosures. The filing discusses circumstances in which a custodia...
Coinbase Quantum Report Warns Millions Of Bitcoin Could Face Future Security Risks
TL;DR Coinbase’s Quantum Advisory Council published a report on post-quantum migration and abandoned coins. The report estimates t...
$1.5 Trillion Transacted: Rain Report Reveals the Massive Scale of Latam’s Stablecoin Economy
The crypto card company stressed that these volumes result from a more conscious use of stablecoins, driven by concrete problem-so...