Crypto Market Forecast: Week of July 12th 2021
A curated weekly summary of forward-focused crypto news that matters. This week, Chinese miners selling their GPU mining rigs, Bitcoin markets face a wave of shorts, and Binance coin readies itself for its next quarterly...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Brave New CoinRelated market context
SBI Crypto to discontinue mining pool service by July 30
The closure of SBI Crypto's mining pool may prompt shifts in Bitcoin's hash rate distribution, impacting network security and mine...
Crypto Shorts Get Rekt as Bitcoin, Ethereum and XRP Rise to Weekly High Prices
Bitcoin continued rising after hitting a 21-month-low earlier this week, topping $62,000 and leading a broader crypto market rebou...
BTC USD Recovering: Why is The Crypto Market Going Up Today, July 2nd?
After a rough June, the crypto market finally found its footing today. BTC USD climbed back above $60,000, while the total crypto...
SBI Crypto to shut down mining pool that holds roughly 2% of Bitcoin's hashrate
Miners must redirect their hashrate before the July 31 cutoff, as the pool will stop accepting contributions after that date.
Wall Street is selling Bitcoin but the old holders are now buying it back
Glassnode's latest Week Onchain report shows that roughly 10.83 million BTC are now in the red, against 9.22 million still in prof...
SBI Crypto shuts Bitcoin mining pool after five-year run
SBI Crypto will shut down its Bitcoin mining pool on July 31 after more than five years, ranking 12th globally with about 2.2% of...