In a bid to calm investor nerves after confirming that it has sold all of its Bitcoin holdings, Bitdeer Technologies framed the move as a deliberate liquidity decision rather than a bearish signal on the asset itself. In a recent statement, the Singapore-based miner stated that converting newly mined Bitcoin into cash is a pragmatic […]
Bitcoin miners have moved more than 36,000 BTC from exchanges since the beginning of February. The volume stands out when measured against earlier months and points to a change in how they are managing their holdings. Miner Activity in February A CryptoQuant report indicates that roughly 36,000 BTC were transferred from trading platforms within a […]
Bitcoin miners have sent more than 90,000 BTC to Binance since early February, pushing miner exchange inflows to their highest level since 2024, according to on-chain data shared by Arab Chain. The rise in deposits comes during a period of heavy price swings and stressed investor sentiment, adding to short-term sell-side pressure even as other […]
BitRiver, Russia’s largest Bitcoin miner, is on the verge of collapse amid mounting financial and legal problems. Courts have placed its parent company, Fox Group of Companies, under observation as debts and unpaid obligations pile up. One of the disputes driving the court action involves Infrastructure of Siberia. The company is seeking more than $9 […]
Blockchain analytics firm Arkham has revealed that a previously unknown hack of Chinese mining pool LuBian in December 2020 resulted in the theft of 127,426 BTC worth around $3.5 billion at the time. This makes it the largest crypto theft in history, Arkham stated, and the haul today would be worth a whopping $14.5 billion. […]
Executives at US-listed Bitcoin mining firms are taking home pay packages far larger than their peers in energy and IT. Equity-heavy compensation structures are driving up totals and drawing increasing shareholder resistance, according to new findings from VanEck. Miner CEOs Outpace Tech and Energy Peers Across eight miners that VanEck reviewed – Bit Digital, Cipher […]
According to a local newspaper, the Russian Ministry of Energy, the Ministry of Digital Development, and the Federal Tax Service have compiled a “registry” that has been sent to regions with increased mining activity. An official of the Finance Ministry, Ivan Chebeskov, stated that despite certain laws being adopted, only 30% of miners had signed […]
The BTC.com mining pool currently dominates miner flows to Binance, as it now accounts for nearly 98% of all BTC transfers from miners to the exchange. This trend provides critical insight into miner behavior, according to the latest report by CryptoQuant. Bitcoin Miners Show Patience Historically, BTC.com increases its outflows to Binance when Bitcoin’s price […]
The on-chain intelligence platform CryptoQuant has unveiled a framework for monitoring the revenues of leading public Bitcoin mining companies. This methodology tells whether the companies are undervalued or overvalued in real time. CryptoQuant revealed in its latest weekly report that the framework tracks miners’ addresses on the Bitcoin blockchain and their BTC production. This enables […]
Trump-affiliated Bitcoin mining company, American Bitcoin, plans to go public through a merger with Gryphon Digital Mining, Inc. The deal, structured as a stock-for-stock transaction, will see Gryphon acquire the company and operate under the American Bitcoin brand once closed. Merger Details According to a May 12 press release, the newly combined entity will be […]