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Data shows the Bitcoin long-term holder supply has mostly moved sideways since the high in October of last year. Bitcoin Long-Term Holder Supply Has Stagnated As Sell-Side Balances Buy-Side As per the latest weekly report from Glassnode, the BTC long-term holder accumulation seems to have stopped following the October high. The “long-term holder”
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Almost all crypto miners’ stocks were in the red for the day, with Bitfarms falling more than 9%, while shares of peers Argo Blockchain and Cipher Mining fell by more than 7%. Shares of other miners, including Marathon Digital, Riot Blockchain, Hive Blockchain and Hut 8 Mining, also fell more
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Bitcoin (BTC) has suddenly fallen below $47,000 on Dec. 4, losing nearly 20% in the past 24 hours. This makes this the biggest one-day drop since May 15, when Bitcoin price momentarily came down to nearly $33,000.The market price of BTC fell down 26.4% from week-long support of $57,206 to
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Bitcoin’s uptrend continues with prices rising over 10% this month, extending October’s 40% gain and setting a new record high of over $68,000. However, institutions and large investors seem to be handing the baton over to retail investors ahead of the U.S. consumer price index data that could influence the
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Galaxy Digital’s assets under management (AUM) grew to over $3.1 billion in October from $2.2 billion in September, with its Ether-focused exchange-traded fund (ETF) cited as one of the main driving forces.The Mike Novogratz-led asset manager reported the preliminary AUM figure on Wednesday.Compared to the equivalent figure in 2020, the
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Marathon Digital produced 417.7 bitcoins in October, a 23% increase over the previous month that boosted the value of the company’s total bitcoin holdings to about $457.4 million, the bitcoin miner said on Tuesday. Marathon Digital now has about 7,453 bitcoins. Its mining fleet consists of 27,280 active miners producing
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This episode is sponsored by NYDIG.Download this episodeNLW counts down the top 5 things to happen in crypto over the last month, including a DAO buying a Wu Tang clan album, top 5 U.S. banks creating new crypto offerings, battles around SEC subpoenas and much more. Listen to find out
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Canadian miner Bitfarms plans to grow its mining capacity to more than 2 exahashes (EHs) per second in November after hitting a record hashrate last month, according to a SEC filing on Monday.The miner’s October bitcoin product rose 12.5% from September, due to production from its newly built, larger production
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Institutional inflows into Bitcoin (BTC) products picked up sharply in October, underscoring renewed bullish sentiment surrounding the flagship cryptocurrency. Crypto investment products saw inflows totaling $288 million for the week ending Oct. 31, with Bitcoin accounting for $269 million, according to CoinShares’ weekly flows report. Institutional demand for BTC has been
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