Tuesday, November 19, 2024
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Argo Blockchain shares soar after selling Texas mining facility to Galaxy Digital

London-based Bitcoin miner Argo Blockchain PLC’s stock price spiked by more than 100% during U.K. trading hours on Wednesday and closed up 73.33% on the London Stock Exchange after the company announced it would sell its Texas-based Helios facility to Galaxy Digital Holdings Ltd, a financial services and investment management

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Bitcoin Selling Pressure Exhausted? This Metric May Hint So

The on-chain data for the stablecoin redemptions during the recent price plunge could suggest there aren’t many Bitcoin holders selling anymore. Stablecoin Redeem Count Has Remained Low Recently As pointed out by an analyst in a CryptoQuant post, large stablecoin redemptions have usually accompanied major declines in the Bitcoin price during this

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Bitcoin accumulation addresses near record 800K despite whale selling

Bitcoin (BTC) accumulation is nearing a new milestone this Christmas as redistribution of the BTC supply continues.Data from on-chain analytics firm Glassnode shows that the total BTC balance of so-called “accumulation addresses” is nearing all-time highs."HODL-only" BTC addresses climb closer to 1 million markBehind the scenes in the 2022 Bitcoin

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