Crypto Updates

Bitcoin Miners Increase Sales Ahead of Halving Event

Texas Bitcoin Mining Bill

Bitcoin miners are actively increasing their sales as they prepare for the upcoming halving event scheduled for April 2024. According to data from CryptoQuant, daily sales to over-the-counter (OTC) desks surged to 1,600 Bitcoin in late March, marking the highest level since August 2023. Pressure on Miner Profitability The surge in sales comes amidst a …

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