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Cryptoquant: Bitcoin Miners Expand Capacity But Struggle to Stay Profitable

Bitcoin miners are expanding their hashing capacity, reaching new record highs despite ongoing challenges in profitability. This report from Cryptoquant Institutional Insights highlights that miners are selling off assets as…

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Market Jitters: Germany Offloads 3,820 BTC in a Week, Impacting Crypto Sentiment

Over the past seven days, data reveals that the German government has transferred 3,820 BTC to cryptocurrency exchanges, with around 2,165.49 BTC moved in the last eight hours. German Government’s…

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From $3 Billion to $2.83 Billion: German Government Transfers Another Cache of Bitcoin

According to data from Arkham Intelligence, since Jun. 23, 2024, the German government has moved 820 BTC, valued at slightly above $50 million. A substantial portion of these funds was…

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Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures

In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600…

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Bitcoin Miners Take in Bear Rally Profits by Selling More Than 6,000 BTC Since August 1

Bitcoin’s value against the U.S. dollar lost 7.3% during the last 24 hours after more than $600 million in value was removed from the $1.07 trillion crypto economy. Statistics show…

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