Blockchain Crypto Bitcoin

2021-08-09 07:07:53 The gap in profitability between Bitcoin and Ethereum miners has become wider in recent days in favor of the latter. Still, commissions in the BTC network are now at a fairly low level, and this directly affects the profits of miners.

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2021-08-08 12:34:13 Bitcoin Funding rates again turning positive. The Funding rates are still too low as compared to February levels.

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2021-08-08 11:34:31 Nothing has changed with miners, broader trend still in accumulation, actually ticking up a bit this week.

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2021-08-08 11:17:26 Korea Premium Index known as Kimchi premium reached the six-month low.

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2021-08-08 09:28:26 #Bitcoin miners are coming back online.

The Mining Pulse shows the change in block-time relative to the 600s target.

Current blocks are ~9% faster than target

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2021-08-07 19:27:03 Since June 9, #Bitcoin  miners have added 6,218 BTC worth $260 million to their balance sheets.

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2021-08-07 17:36:52 Take a look at aSOPR, SOPR adjusted for outputs with a lifespan of less than an hour (filters out the noise). This looks at the amount of profit held by the coins trading in the market.

Last week we noted our breakout above 1 back into a state of net profit, but mentioned we wanted to see the metric stabilize above 1 or bounce off 1 on a price drop.

We got a decent little price drop after getting rejected from 42K, of which the metric did in fact bounce off 1 as we were watching for. Would now like to see some stability above 1 for confirmation a repeating October 2020 before next Bull Run.

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2021-08-07 14:46:09 #Bitcoin supply on exchanges has been greatly reduced.

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2021-08-06 21:36:57 August 6:#Bitcoin: #Bitcoin: $BTC jump 15% after Coinabase announced new integrations with Apple Pay and Google Pay. Same time $BTC showing breakout too. Daily closing above $42k will move price towards MA 200 at $44800 which is next resistance for BTC. $40k will work as support for $BTC.

On chain data also showing that whale accumulating $BTC.

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