World’s largest BTC miner Marathon buys $100M BTC to go ‘full hodl’
Marathon remains bullish on Bitcoin price in the long term, as it sold none of the BTC it mined during June. Go to Source
Bitcoin Halving
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Bitcoin Runes protocol sees sharp decline in popularity
The Bitcoin Runes protocol initially dominated daily transactions post-launch but is now seeing a decline, with BTC reclaiming its network dominance. Go to Source
Arthur Hayes’ Maelstrom fund announces Bitcoin grant program of up to $250k per developer
The new Bitcoin grants program could invite more innovation for Bitcoin-native DeFi, or BTCFi. Go to Source
Mining company TeraWulf pays off outstanding debt early
The payment will allow the company to focus on scaling operations rather than keeping up with debt obligations in the post-halving environment. Go to Source
Bitcoin mining difficulty hits lowest level since March as price tops $57K
The drop in mining difficulty should spell relief for the largest mining firms. Go to Source
World’s largest Bitcoin miner didn’t sell any BTC in June
Marathon Digital said it aims to further strengthen its Bitcoin holdings through open-market acquisitions but may also sell to support operations in the future. Go to Source
Bitcoin hashrate drawdown reaches December 2022 levels
This metric can be used to spot relative bottom points in the market price of Bitcoin and signal potential accumulation opportunities. Go to Source
Bitcoin social sentiment decline may signal market bottom
The BTC price has failed to hit a new all-time high in over three months, even after the Bitcoin halving in April. Go to Source
Marathon’s BTC mining is heating an entire town in Finland
Selling excess heat from Bitcoin mining could be another financial lifeline for miners after the 2024 Bitcoin halving. Go to Source
Bitcoin miner reserves drop to lowest in 14 years
Miners are holding the least Bitcoin on their balance sheets since February 2010, but the fiat value of their reserves is hovering around an all-time high. Go to Source
