Tag: Supply

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BitMine Adds $73 Million in ETH, Pushing Holdings to 4.8% of Supply

BitMine Immersion Technologies (NYSE: BMNR), the Ethereum treasury company chaired by Fundstrat's Tom Lee, bought 42,197 ETH worth roughly $73 million over the past...

Bitcoin Can Still Go Lower as Supply Metric Prints First ‘Buy’ Signal in 4 Years

Bitcoin (BTC) has added another bear-market bottom signal this month as analysis draws comparisons to November 2022.Key points:Bitcoin adds to its list of bear-market...

Institutional demand for BTC is below supply as ETF outflows, new coins flood market: Crypto Daily

Though BTC has recently stabilized around $60,000, the prospects for a meaningful recovery remain bleak because institutional demand is falling significantly short of soaking...

Bitcoin supply in loss hits an all-time high as long term holders remain unfazed

As bitcoin BTC$61,646.55 fell below $59,100 on Wednesday, the number held at a loss rose to a record 10.83 million BTC, data from Glassnode...

BitMine Nears 5% of ETH Supply With $10B Holdings Despite Bear Market

BitMine Immersion Technologies continued to expand its Ether holdings last week, acquiring more of the second-biggest digital asset despite a prolonged market downturn as...

Bitcoin Price Risks Plunging to $30K as Institutions Dump 450% of Daily BTC Supply

Bitcoin (BTC) faced renewed risks of a breakdown toward $30,000, according to a new analysis, as institutional demand turned deeply negative.Key takeaways:Data shows institutions...

Shielded Labs Proposes New Zcash Upgrade to Prove ZEC Supply After Orchard Bug

The Zcash developer said researcher Taylor Hornby used Anthropic's latest AI model to find a flaw that could have minted undetectable counterfeit ZEC inside...

Bitcoin’s record holder supply hides a buyer drought, CryptoQuant says

Bitcoin traded around $73,500 Friday morning Hong Kong time, according to CoinDesk market data, roughly 10% below the low-$80,000 levels reached earlier this month,...

Strive’s SATA Tops Estimated 490 Bitcoin In A Single Day — More Than The Entire Daily Mining Supply

Strive, Inc. crossed a notable threshold on Wednesday, with its Variable Rate Series A Perpetual Preferred Stock (Nasdaq: SATA) estimated to have...

Strive’s SATA Briefly Swallows The Entire Bitcoin Mining Daily Supply As BTC Purchases Ramp Up

Strive, Inc. (ASST) crossed a threshold on Tuesday that few bitcoin treasury watchers expected to see this soon: its preferred stock instrument,...

BTC long-term holder supply rises by more than 2 million coins

Bitcoin's long-term holder (LTH) supply is approaching all-time highs. Currently, 16.3 million BTC is held by this cohort, defined as investors who have held...

Canaan (CAN) Wins Contract To Supply Crypto Mining Heat To Nordic District Heating Network

Canaan Inc. (NASDAQ: CAN), the Bitcoin mining equipment manufacturer, has secured a contract to provide heat-recovery computing infrastructure to a district heating network in...