Tagged: btc price

Bitcoin Is Most Institutionally Investable Crypto, as BTC Mining Margins Stay Strong Despite Market Uncertainty: Report

The team at BitOoda, an international digital asset financial technology & services platform providing next-gen risk management solutions, best-execution brokerage & expert market analysis, notes in a recent crypto market update that Bitcoin (BTC) dropped around 5.1% WoW, settling at $46,187 “as of midnight UTC… Read More

Over 2.1M BTC Return to Profitability based on Realized Price, $955M in Shorts Liquidated in 24 Hrs with Bitcoin Reaching $39K: Report

As Bitcoin prices rally higher, more than 2.1 million $BTC have now “returned to profitability based on their realized price,” according to an update from Glassnode. According to Glassnode, this indicates that 11.2% of the circulating Bitcoin supply has an “on-chain cost basis between $29k… Read More

Bitcoin Mining Economics Maintain Improvement Since Last Week, as Chinese Miners Seek Sites for Future Equipment Deliveries: Report

The research analysts at BitOoda have published their Weekly Hash report, dated July 12, 2021. The report reveals that cryptocurrency miner economics have improved despite the range-bound Bitcoin (BTC) price. The BitOoda team writes in a blog post that China’s Bitcoin mining ban “continues to… Read More

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