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Bitcoin Miner Capitulation Reaches Black Thursday Levels, Is A Severe Selloff Looming?

Bitcoin price continues to consolidate above $9,000 but has repeatedly failed to break above $10,000. The lower the asset’s value gets, the more it falls below the cost of production for many miners. A key metric measuring the impact price…
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Binance’s Bitcoin Mining Pool is Now The 11th Largest in The World

Binance Pool has become the 11th largest Bitcoin mining pool in the world, according to data from BTC.com. The exchange’s CEO Changpeng Zhao shared the news earlier today, using older data that showed Binance Pool ranked 8th with 4.23% of…
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Last Time This Trend Transpired, Bitcoin Rallied 2,700%. It’s Back Yet Again

Since 2017’s blow-off top at $20,000, investors have been wondering when Bitcoin would be thrust into its next bout of parabolic growth. After all, crypto investors are used to rounds of rapid growth, then brutal drawdowns. Related Reading:…
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Three’s a Crowd: Final Bitcoin Miner Shakeout Points to an Epic Rally

Bitcoin just completed a repeating pattern signaling the third, and potentially final miner capitulation event, that in during past cycles proceeded the start of a major bull run, leading to a new all-time high. Past Bitcoin Market Cycles Suggest…
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Despite Market Carnage, This Key Metric Shows Bitcoin Remains Bullish

Bitcoin hasn’t done too hot over the past day. The cryptocurrency, after trending higher and higher throughout all of last week, crashed as low as $8,150 on Sunday, plunging from the $9,200 price point established just 24 hours prior to…
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What Bull Run? Bitcoin Price Blasts Below $7,000

Following an incredible parabolic rally and recovery during the first half of the year in 2019, Bitcoin price has spent the second half of the year in an ongoing downtrend that has taken the price of the asset back into a range not traded in…
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Two Bitcoin Mining Startups Merge to Work on World’s Biggest Mining Facility

Consistent with its previously announced mission to build the planet’s largest Bitcoin (BTC) mining facility in Texas, Northern Bitcoin AG has just announced a new partnership. The Frankfurt-based company will be working with former rival…
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New Bitcoin Indicator Based on Mining Activity Emerges, Where is BTC Heading?

Popular on-chain metrics analyst Willy Woo claims to have developed a Bitcoin price indicator that shows good opportunities to invest in the digital asset. He calls his discovery the “Bitcoin Difficulty Ribbon”. The indicator looks…
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Space May Hold the Key To Bitcoin Final Moon Mission and Flipping Gold

Space might be the final frontier, but it also might end up being the final showdown between crypto asset Bitcoin and the precious metal and chemical element known as gold. In a wild story that sounds like it was ripped from the pages of science…
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Canadian Oil Companies are [Somehow] Mining Bitcoin: the Next Big Trend?

Mining for Bitcoin is a unique and modern twist on what has typically been a traditionally non-digital activity that has powered economic growth around the world for centuries – oil mining. Although mining for oil and mining for Bitcoin share…