You Won’t Believe It: Bitcoin Hodlers Stand Firm, Igniting Remarkable Surge in Dormant Supply
The supply of Bitcoin held for a long time is on the rise, as holders are increasingly reluctant to sell. Market action over the last few years has also been marked by some of the most tight trading ranges. On May 22, Glassnode, an on-chain analytics provider, reported that vast portions of Bitcoin supply remain […]
“Bitcoin Miners’ Profits Decline Amid Rising Mining Difficulty – Is the Era Over?”
Bitcoin miners are currently experiencing reduced profits due to increasing mining difficulty. This has led to significant repercussions in the industry, including layoffs and a shift in strategic focus. This trend is expected to continue, as it now takes more advanced hardware and increased energy consumption to mine the same number of bitcoins. In the […]