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Bitcoin Price Falls Below $60K: Miners Face Continued Challenges
Bitcoin price revisited the $60,000 mark as Mt. Gox’s announced that it would begin distributing $9 billion in repayments. Recent ETF outflows have not helped, but the low exchange reserves offer some hope. With the start of summer, hashrate is…

Bitcoin Stumbles: Struggles to Regain Footing Above $70,000
Bitcoin has failed to regain its footing above $70,000, even with the US Bitcoin ETFs enjoying a five-week streak of inflows and global ETFs now holding over a million BTC. Despite a flattening network hashrate and difficulty, a sudden spike…

Has Miner Sell Pressure Become a Thing of the Past?
After a prolonged decline throughout April, Bitcoin’s price is exhibiting resilience in May. Bitcoin ETFs are experiencing robust inflows once more. Contrasted with ETF holdings, public miners hold a relatively small amount of BTC on their balance sheets. This shift…

Post-Halving Trends: Is History Poised to Repeat Itself?

Bitcoin’s price briefly dipped below $60K but hasn’t entirely broken down, despite ETF demand drying up. Explore whether the current decline in network hashrate signals a larger trend. After witnessing the biggest decline in difficulty since December 2022, can we…

Falling Stars: the Impact of Hashprice Plummeting
After experiencing extraordinarily high profit margins due to surging transaction fees right after the halving, hashprice has plummeted to historic low levels. This puts many miners on the network in a tough position. But what consequences are we seeing in…

Will Miners Enjoy the Halving Party?
With the Halving happening in a couple of days, it’s an exciting week. However, while many Bitcoiners are organizing parties, miners are holding their breath. Will BTC price break down? Will inscriptions boost transaction fees and save the day? Will…

Keep Calm and Mine On
After reaching a new all-time high, the Bitcoin price declined by 17.6%. While the ETFs did experience a significant net outflow, this is not the sole reason why BTC took a break. Alongside price, hashrate is also consolidating. Transaction fees…

ETF’s Inflows, BTC Flips Silver & Hashprice Yearly High
The continued bullish price action has propelled Bitcoin into price discovery territory, leading BTC to surpass silver in market capitalization. Mining activities are surging, with hashrate hitting record highs, which will likely trigger an upcoming increase in difficulty. With transaction…

Hashprice Benefits from Bullish Price Action
Bitcoin’s price has surged to levels last seen in November 2021, with ETFs emerging as the main driver behind this bullish price action. Greed is starting to dominate market sentiment amidst this rise. Despite low transaction fees, hashprice has emerged…

Bitcoin Surges Past $50k, Tx Fees Taper Off
Bitcoin crossed $50k, a level last seen in December 2021. Deployments of the latest generation ASICs pushed the network hashrate through the 600 EH/s level. Transaction fees are decreasing as the competition for block space is less fierce than at…

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