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Miner Selling

All articles tagged with #miner selling

Bitcoin Volatility Surges as Price Nears All-Time High

Originally Published 1 year ago — by CoinDesk

Bitcoin's price volatility has surged, with BTC trading 6.8% higher at $62,992 and 30-day realized volatility reaching 46%. Crypto derivatives volume has hit a record high, indicating increased risk appetite. Bitcoin miners are selling more coins amid rising prices, while Morgan Stanley is considering offering spot bitcoin ETFs to its customers, potentially opening liquidity floodgates. Additionally, trading volume on yield tokenization protocol Pendle Finance has surpassed $100 million, setting a new record.

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Bitcoin's Price Volatility Continues Amidst Investor Confidence and On-chain Patterns.

Originally Published 2 years ago — by CoinDesk

Bitcoin's price slid over 3% to below $30,000, possibly influenced by an unexpectedly high UK inflation figure and liquidations. SEC Chairman Gary Gensler refused to say whether ether is a security during a hearing before the House Financial Services Committee. Venture-capital firm Tribe Capital is considering leading a $250 million fundraising round for bankrupt crypto exchange FTX. Miner selling accounts for less than 1% of bitcoin's average daily trading volume, suggesting a negligible bearish impact on the cryptocurrency's price.

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