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Mining Updates

Mining Updates: Top crypto news source! Updates on cryptocurrencies, exchanges, blockchain, and market insights. Stay informed with the latest trends!
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Global ban on transactions with the Russian Federation: Death of decentralization or another "fizzle"? 🚫 The European Commission is preparing a complete ban on cryptocurrency transactions with the Russian Federation, and this is the funniest regulatory attempt of the year. According to Investing.com, this is meant to close loopholes in sanctions. But let's be clear: how are you going to ban P2P or decentralized wallets? This is an attempt to put a muzzle on the ocean. On Binance Square, they are laughing at these initiatives, but for major exchanges, this is a headache. Regulators are simply destroying the legal field, driving users into the "shadow" where no one controls anything. Instead of protection, the EU receives an uncontrolled market. This is another reminder: if you hold assets in custodial wallets, you do not own your crypto. Geopolitics will eat your money faster than a market correction if you do not learn anonymity. Subscribe to #MiningUpdates 🗳️ Survey: What will you do if Bitcoin falls to $60,000? 🤑 I will sell a kidney and buy in with everything I have. 😱1. I will cash out and forget about crypto like a bad dream. 🧘2. I will watch the losses in my portfolio and cry (HODL). 🤡 3. I already sold everything at $68,000, waiting for you at the bottom.
Global ban on transactions with the Russian Federation: Death of decentralization or another "fizzle"? 🚫
The European Commission is preparing a complete ban on cryptocurrency transactions with the Russian Federation, and this is the funniest regulatory attempt of the year.
According to Investing.com, this is meant to close loopholes in sanctions. But let's be clear: how are you going to ban P2P or decentralized wallets?
This is an attempt to put a muzzle on the ocean.
On Binance Square, they are laughing at these initiatives, but for major exchanges, this is a headache. Regulators are simply destroying the legal field, driving users into the "shadow" where no one controls anything. Instead of protection, the EU receives an uncontrolled market. This is another reminder: if you hold assets in custodial wallets, you do not own your crypto.
Geopolitics will eat your money faster than a market correction if you do not learn anonymity.
Subscribe to #MiningUpdates
🗳️ Survey:
What will you do if Bitcoin falls to $60,000?
🤑 I will sell a kidney and buy in with everything I have.
😱1. I will cash out and forget about crypto like a bad dream.
🧘2. I will watch the losses in my portfolio and cry (HODL).
🤡 3. I already sold everything at $68,000, waiting for you at the bottom.
1 Купляю на всю котлету.
0%
2 HODL
100%
3 Вийшов в кеш
0%
1 votes • Voting closed
Ethereum Impotence: Why $ETH Became the Biggest Disappointment of the Year? 📉Once the "king of altcoins," but today an asset that cannot even maintain basic support levels. While the L2 ecosystem grows, the price of $ETH continues to humiliate its holders. On Binance Square, opinions are increasingly being voiced that Ethereum has turned into an unwieldy monster, being consumed by young predators like Solana.

Ethereum Impotence: Why $ETH Became the Biggest Disappointment of the Year? 📉

Once the "king of altcoins," but today an asset that cannot even maintain basic support levels. While the L2 ecosystem grows, the price of $ETH continues to humiliate its holders. On Binance Square, opinions are increasingly being voiced that Ethereum has turned into an unwieldy monster, being consumed by young predators like Solana.
Anomaly of the week: Shitcoins are advancing while the fundamentals sleep 🤡Are you still holding "serious technology projects"? While they are falling by 2-3% every day, another meme token based on Solana has risen by 400% in just one day. According to analysts, the volumes in "junk" coins now exceed the volumes of many top altcoins. This is a diagnosis of the modern market: liquidity doesn't care about technology, it needs hype.

Anomaly of the week: Shitcoins are advancing while the fundamentals sleep 🤡

Are you still holding "serious technology projects"? While they are falling by 2-3% every day, another meme token based on Solana has risen by 400% in just one day. According to analysts, the volumes in "junk" coins now exceed the volumes of many top altcoins. This is a diagnosis of the modern market: liquidity doesn't care about technology, it needs hype.
Bitcoin Trap: Why Your "Stops" Are Fuel for Whales? ⛽ ​Bitcoin ($BTC ) is hovering around $66,900, and while the retail traders are panicking and drawing charts to zero, the smart money is just knocking out the foolish liquidity. {future}(BTCUSDT) According to Investing.com, hundreds of millions in long positions were liquidated overnight. This is not a "crash", it's a market sanitization. On Binance Square, the crowd is crying about the end of the cycle, but look at the volumes: the whales are not selling, they are placing their nets lower. ​While you are afraid, ForkLog is recording the transfer of BTC to cold wallets. This is a classic game of exhaustion: you are being forced to give away assets for pennies before the real surge. If you are not ready to see -10% in your account, crypto is not for you. The level of $65,000 is the last filter for those who accidentally boarded this train. You are either in the game, or fuel for someone else's profit. Subscribe to #MiningUpdates and support us with tips, we work for you.
Bitcoin Trap: Why Your "Stops" Are Fuel for Whales? ⛽
​Bitcoin ($BTC ) is hovering around $66,900, and while the retail traders are panicking and drawing charts to zero, the smart money is just knocking out the foolish liquidity.
According to Investing.com, hundreds of millions in long positions were liquidated overnight. This is not a "crash", it's a market sanitization. On Binance Square, the crowd is crying about the end of the cycle, but look at the volumes: the whales are not selling, they are placing their nets lower.
​While you are afraid, ForkLog is recording the transfer of BTC to cold wallets.
This is a classic game of exhaustion: you are being forced to give away assets for pennies before the real surge. If you are not ready to see -10% in your account, crypto is not for you.
The level of $65,000 is the last filter for those who accidentally boarded this train. You are either in the game, or fuel for someone else's profit.

Subscribe to #MiningUpdates and support us with tips, we work for you.
Regulatory Storm: SEC Focuses Again on Stablecoins ⚖️Rumors are once again spreading in the market about the SEC's increased oversight of stablecoin issuers. According to reports from anonymous sources, the regulator is paying special attention to reserve requirements and algorithmic mechanisms. Investing.com adds that this has caused a local cash-out by investors, putting pressure on the quotes $BTC and $ETH .

Regulatory Storm: SEC Focuses Again on Stablecoins ⚖️

Rumors are once again spreading in the market about the SEC's increased oversight of stablecoin issuers. According to reports from anonymous sources, the regulator is paying special attention to reserve requirements and algorithmic mechanisms.
Investing.com adds that this has caused a local cash-out by investors, putting pressure on the quotes $BTC and $ETH .
Turnaround close? Extreme fear has peaked 🧭 ​Today, the "Fear and Greed Index" has dropped to 12 points. According to CoinMarketCap, such values have historically preceded significant market rebounds. Experienced traders note that the current situation looks like a final cleansing of the market from weak hands before the start of a new cycle. ​As reported by Investing.com, social media is overflowing with pessimism, which is often a "contrarian indicator" for large capital. ForkLog reminds us: when total disbelief reigns in the market, the best entry opportunities usually arise. The current situation is a test of patience. Those who can refrain from emotional selling at the very bottom typically receive the greatest rewards upon recovery. ​ ​Subscribe to #MiningUpdates to stay updated on market sentiments and not succumb to panic! 🧘‍♂️📈 ​🗳️ Poll: ​What is your strategy at the Fear Index of 12 points? ​🛒 Buying everything — the bottom is already close! ​🧘 Calmly holding what I have (HODL). ​📉 Waiting for even lower prices to start buying. ​❌ Closed all positions, will return later.
Turnaround close? Extreme fear has peaked 🧭
​Today, the "Fear and Greed Index" has dropped to 12 points.
According to CoinMarketCap, such values have historically preceded significant market rebounds.
Experienced traders note that the current situation looks like a final cleansing of the market from weak hands before the start of a new cycle.
​As reported by Investing.com, social media is overflowing with pessimism, which is often a "contrarian indicator" for large capital.
ForkLog reminds us: when total disbelief reigns in the market, the best entry opportunities usually arise.
The current situation is a test of patience. Those who can refrain from emotional selling at the very bottom typically receive the greatest rewards upon recovery.

​Subscribe to #MiningUpdates to stay updated on market sentiments and not succumb to panic! 🧘‍♂️📈

​🗳️ Poll:
​What is your strategy at the Fear Index of 12 points?
​🛒 Buying everything — the bottom is already close!
​🧘 Calmly holding what I have (HODL).
​📉 Waiting for even lower prices to start buying.
​❌ Closed all positions, will return later.
Все купую.
50%
HODL.
0%
Очікую ще падіння.
50%
Закрив всі позиції.
0%
2 votes • Voting closed
Anomaly of the Day: Why is Solana ($SOL) Ignoring Market Pessimism? ⚡While most assets are falling, Solana ($SOL ) demonstrates impressive resilience, holding its ground. According to analysts, trading volume on DEX within the Solana network has once again approached Ethereum levels over the last 24 hours. This confirms that active traders are choosing the faster ecosystem even during corrections.

Anomaly of the Day: Why is Solana ($SOL) Ignoring Market Pessimism? ⚡

While most assets are falling, Solana ($SOL ) demonstrates impressive resilience, holding its ground.
According to analysts, trading volume on DEX within the Solana network has once again approached Ethereum levels over the last 24 hours. This confirms that active traders are choosing the faster ecosystem even during corrections.
Bitcoin: False breakout or preparation for capitulation? 📉 ​Bitcoin ($BTC ) continues to test investors' nerves. {future}(BTCUSDT) Today, the price is trying to hold above $67,200. According to Investing.com, the BTC dominance index has started to decline, but capital is not flowing into altcoins; instead, it is moving into stablecoins. Traders note the formation of a 'bear flag' on the 4-hour chart, indicating the risk of testing the $65,400 level. ​As reported by ForkLog, spot ETFs recorded a net outflow of $110 million in one day. This indicates caution among large players ahead of the release of new macroeconomic data from the USA. Right now, we are witnessing a struggle for liquidity: the market is gathering stop-losses, preparing the ground for the next big move. The $67,000 level remains critical — its loss could intensify panic. ​ ​Subscribe to #MiningUpdates to receive timely updates on key Bitcoin support levels! 📈🔔
Bitcoin: False breakout or preparation for capitulation? 📉
​Bitcoin ($BTC ) continues to test investors' nerves.
Today, the price is trying to hold above $67,200. According to Investing.com, the BTC dominance index has started to decline, but capital is not flowing into altcoins; instead, it is moving into stablecoins. Traders note the formation of a 'bear flag' on the 4-hour chart, indicating the risk of testing the $65,400 level.
​As reported by ForkLog, spot ETFs recorded a net outflow of $110 million in one day. This indicates caution among large players ahead of the release of new macroeconomic data from the USA. Right now, we are witnessing a struggle for liquidity: the market is gathering stop-losses, preparing the ground for the next big move.
The $67,000 level remains critical — its loss could intensify panic.

​Subscribe to #MiningUpdates to receive timely updates on key Bitcoin support levels! 📈🔔
Cardano ($ADA ) is preparing a surprise: Why is the old "dinosaur" back in the game? 🦖 ​Cardano ($ADA) unexpectedly burst into the top discussions on Binance Square. The asset shows abnormal growth in transaction volume among large holders (addresses holding over 1 million ADA). {future}(ADAUSDT) According to Investing.com, over the past week, the activity of "whales" in the Cardano network has increased by 30%, which usually precedes significant price movements. ​Despite the skepticism of many traders, ADA maintains key support and is forming a base for a rebound. As reported by ForkLog, the development of the DeFi sector in the Cardano ecosystem has finally begun to bear fruit in the form of real liquidity. This is a classic example of a "forgotten" asset that can take off just when people have stopped talking about it. ADA now looks like an interesting option for diversifying a portfolio amid the stagnation of other altcoins, don't miss your chance. #MiningUpdates
Cardano ($ADA ) is preparing a surprise: Why is the old "dinosaur" back in the game? 🦖

​Cardano ($ADA ) unexpectedly burst into the top discussions on Binance Square. The asset shows abnormal growth in transaction volume among large holders (addresses holding over 1 million ADA).
According to Investing.com, over the past week, the activity of "whales" in the Cardano network has increased by 30%, which usually precedes significant price movements.
​Despite the skepticism of many traders, ADA maintains key support and is forming a base for a rebound. As reported by ForkLog, the development of the DeFi sector in the Cardano ecosystem has finally begun to bear fruit in the form of real liquidity. This is a classic example of a "forgotten" asset that can take off just when people have stopped talking about it.
ADA now looks like an interesting option for diversifying a portfolio amid the stagnation of other altcoins, don't miss your chance.
#MiningUpdates
Ethereum ($ETH ) Under Pressure: Can Network Update Save Price? 🏗️ ​Ethereum Continues Struggle to Survive Above $2,050. {future}(ETHUSDT) While Bitcoin Dominates, ETH Is Losing Market Share, Falling to Its Lowest Levels Against BTC in Years. According to ForkLog, Developers Are Preparing Another Scalping Phase, But the Market Is So Far Ignoring This Fundamental News Due to General Pessimism. ​Analysts Say the Asset is Oversold. If ETH Holds Support at $2,000, We Could See a Sharp Short Squeeze to $2,300. Investing.com Notes That Network Activity in Layer 2 Ecosystems Continues to Grow, Creating Dissonance Between Real Price and Network Usage. Ethereum now resembles a “compressed spring” waiting for just the slightest trigger to shoot upwards. #MiningUpdates
Ethereum ($ETH ) Under Pressure: Can Network Update Save Price? 🏗️

​Ethereum Continues Struggle to Survive Above $2,050.


While Bitcoin Dominates, ETH Is Losing Market Share, Falling to Its Lowest Levels Against BTC in Years. According to ForkLog, Developers Are Preparing Another Scalping Phase, But the Market Is So Far Ignoring This Fundamental News Due to General Pessimism.
​Analysts Say the Asset is Oversold. If ETH Holds Support at $2,000, We Could See a Sharp Short Squeeze to $2,300.
Investing.com Notes That Network Activity in Layer 2 Ecosystems Continues to Grow, Creating Dissonance Between Real Price and Network Usage. Ethereum now resembles a “compressed spring” waiting for just the slightest trigger to shoot upwards.
#MiningUpdates
Survey results.
Survey results.
Mining Updates
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XRP ($XRP ) prepares the "final chord" before a major breakthrough 🚀

Despite a brief correction to $1.40, XRP remains the main favorite of the week. According to the latest data, retail investors continue to aggressively buy every dip, awaiting the final court decision. XRP trading volumes remain at $5.1 billion, indicating high liquidity and interest from major players.

{future}(XRPUSDT)
Analysts at Investing.com point out that a "bullish flag" pattern is forming on the daily timeframe chart of XRP. If the price holds above $1.35, the target of $2.00 remains relevant until the end of February. The current pullback is perceived by professionals as the "last chance" to get on the train before a massive rally.
While Bitcoin struggles for survival, XRP is preparing a true explosion that could move it to third place in the CoinMarketCap rankings.

🗳️ Poll:
What are you doing with Bitcoin at the current price of $68,000?
Anomaly of the Day: Capitalization of Stablecoins is Rising. Where is the Strike Prepared? 🛡️ While the prices of top assets fluctuate, the total capitalization of stablecoins ($USDT, $USDC) has increased by $1.2 billion over the last day. According to analysts, this is an anomalous phenomenon against the backdrop of a ‘red’ market. Typically, such an influx of liquidity indicates that large players are preparing ‘ammo’ for mass purchasing of assets at low prices. As reported by Investing.com, the dominance of stablecoins has reached a local peak, which often precedes a reversal of the entire crypto market. ForkLog adds that the turnover rate of USDT on exchanges has increased by 20%, indicating investors' readiness for active actions. This is a ‘silent anomaly’ that most traders ignore, focusing only on falling charts. In fact, the market is accumulating strength for a powerful impulse. The only question is which asset will become the main beneficiary of this liquidity. #MiningUpdates
Anomaly of the Day: Capitalization of Stablecoins is Rising. Where is the Strike Prepared? 🛡️

While the prices of top assets fluctuate, the total capitalization of stablecoins ($USDT, $USDC) has increased by $1.2 billion over the last day. According to analysts, this is an anomalous phenomenon against the backdrop of a ‘red’ market.
Typically, such an influx of liquidity indicates that large players are preparing ‘ammo’ for mass purchasing of assets at low prices.
As reported by Investing.com, the dominance of stablecoins has reached a local peak, which often precedes a reversal of the entire crypto market.
ForkLog adds that the turnover rate of USDT on exchanges has increased by 20%, indicating investors' readiness for active actions. This is a ‘silent anomaly’ that most traders ignore, focusing only on falling charts.
In fact, the market is accumulating strength for a powerful impulse. The only question is which asset will become the main beneficiary of this liquidity.
#MiningUpdates
Bitcoin on the edge: Will it withstand the pressure of the "bears" at the level of $67,500? 📉 ​The market situation remains critical. Today, February 11, Bitcoin ($BTC ) continues to trade in a dangerous zone near $67,800. {future}(BTCUSDT) According to Investing.com, institutional investors have taken a wait-and-see position, leading to a 12% decrease in daily trading volume. The fear index has stabilized at 18, which still signals panic sentiments among retail. ​As analysts note, a local corridor is forming between $67,500 and $69,200. Breaking the lower boundary could open the way to cascading liquidations. ForkLog reports that miners have begun to transfer part of their assets to exchanges, which traditionally creates additional pressure on the price. The market is holding its breath in anticipation of the inflation report in the U.S., which will be a key trigger for the next big move. So far, BTC is showing weakness, but history shows that the most powerful rebounds often start from such levels. #MiningUpdates What are your thoughts?
Bitcoin on the edge: Will it withstand the pressure of the "bears" at the level of $67,500? 📉
​The market situation remains critical.
Today, February 11, Bitcoin ($BTC ) continues to trade in a dangerous zone near $67,800.
According to Investing.com, institutional investors have taken a wait-and-see position, leading to a 12% decrease in daily trading volume. The fear index has stabilized at 18, which still signals panic sentiments among retail.
​As analysts note, a local corridor is forming between $67,500 and $69,200. Breaking the lower boundary could open the way to cascading liquidations.
ForkLog reports that miners have begun to transfer part of their assets to exchanges, which traditionally creates additional pressure on the price. The market is holding its breath in anticipation of the inflation report in the U.S., which will be a key trigger for the next big move.
So far, BTC is showing weakness, but history shows that the most powerful rebounds often start from such levels.
#MiningUpdates
What are your thoughts?
Час лонгувати BTC
0%
Час шортити BTC
67%
Боковик, спостерігаю.
33%
6 votes • Voting closed
Financial Curtain: The EU prepares a full ban on crypto transactions with the Russian Federation 🚫 The European Commission is initiating a radical step — a complete ban on any cryptocurrency operations between EU countries and the Russian Federation. According to Investing.com, this measure is aimed at closing loopholes for circumventing sanctions through digital assets. As reported by ForkLog, the restrictions will not only apply to centralized exchanges but may also encompass interactions with non-custodial wallets. Analysts are already predicting a liquidity outflow and increased regulatory pressure on crypto companies operating in the European jurisdiction. This decision could set a precedent for the global market, forcing platforms to implement stricter geolocation monitoring systems. The crypto world, which has sought decentralization, is increasingly facing geopolitical realities. #MiningUpdates
Financial Curtain: The EU prepares a full ban on crypto transactions with the Russian Federation 🚫
The European Commission is initiating a radical step — a complete ban on any cryptocurrency operations between EU countries and the Russian Federation.
According to Investing.com, this measure is aimed at closing loopholes for circumventing sanctions through digital assets. As reported by ForkLog, the restrictions will not only apply to centralized exchanges but may also encompass interactions with non-custodial wallets.
Analysts are already predicting a liquidity outflow and increased regulatory pressure on crypto companies operating in the European jurisdiction. This decision could set a precedent for the global market, forcing platforms to implement stricter geolocation monitoring systems. The crypto world, which has sought decentralization, is increasingly facing geopolitical realities.
#MiningUpdates
Survey results. What asset do you consider the most promising for purchase next week?
Survey results.

What asset do you consider the most promising for purchase next week?
Mining Updates
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Bullish
Why is XRP ($XRP ) preparing for a "true" explosion? Is it time to buy? 🚀
{future}(XRPUSDT)
​Despite the overall skepticism, XRP demonstrates a unique technical picture. Over the last 24 hours, the coin has shown a growth of +25% amid positive rumors regarding the resolution of recent legal disputes.
XRP trading volumes exceeded $5 billion, which has placed it in 5th place by market capitalization. While others are falling, XRP is forming strong support above $1.40.
​According to an analysis by Investing.com, if the asset secures above the level of $1.50, the next target will be the psychological mark of $2.00.
This is the perfect "hook" for those looking for profit where others see fear. XRP currently looks like the strongest asset in the top 10, and many traders consider the current price the last chance before a global rally.
Don't wait for the price to soar — the numbers indicate that buying should be done right now.

​​🗳️ Survey:
​Which asset do you consider the most promising for purchase next week?
XRP ($XRP ) prepares the "final chord" before a major breakthrough 🚀 Despite a brief correction to $1.40, XRP remains the main favorite of the week. According to the latest data, retail investors continue to aggressively buy every dip, awaiting the final court decision. XRP trading volumes remain at $5.1 billion, indicating high liquidity and interest from major players. {future}(XRPUSDT) Analysts at Investing.com point out that a "bullish flag" pattern is forming on the daily timeframe chart of XRP. If the price holds above $1.35, the target of $2.00 remains relevant until the end of February. The current pullback is perceived by professionals as the "last chance" to get on the train before a massive rally. While Bitcoin struggles for survival, XRP is preparing a true explosion that could move it to third place in the CoinMarketCap rankings. 🗳️ Poll: What are you doing with Bitcoin at the current price of $68,000?
XRP ($XRP ) prepares the "final chord" before a major breakthrough 🚀

Despite a brief correction to $1.40, XRP remains the main favorite of the week. According to the latest data, retail investors continue to aggressively buy every dip, awaiting the final court decision. XRP trading volumes remain at $5.1 billion, indicating high liquidity and interest from major players.

Analysts at Investing.com point out that a "bullish flag" pattern is forming on the daily timeframe chart of XRP. If the price holds above $1.35, the target of $2.00 remains relevant until the end of February. The current pullback is perceived by professionals as the "last chance" to get on the train before a massive rally.
While Bitcoin struggles for survival, XRP is preparing a true explosion that could move it to third place in the CoinMarketCap rankings.

🗳️ Poll:
What are you doing with Bitcoin at the current price of $68,000?
HODL
64%
Активно купую
7%
Вийшов в стейблкоіни
0%
Переливаю все в XRP
29%
14 votes • Voting closed
Death of Altcoins? BTC Dominance Reaches Highest Level Since 2022 🧱The current market picture looks bleak for altcoin holders. Bitcoin's dominance has jumped to 59.2%, which is the highest level in the last three years. According to ForkLog, this has caused the ETH/BTC pair to drop to a 9-month low. Investors are fleeing to Bitcoin en masse, viewing it as the only relatively safe asset during the 'perfect storm'.

Death of Altcoins? BTC Dominance Reaches Highest Level Since 2022 🧱

The current market picture looks bleak for altcoin holders. Bitcoin's dominance has jumped to 59.2%, which is the highest level in the last three years. According to ForkLog, this has caused the ETH/BTC pair to drop to a 9-month low. Investors are fleeing to Bitcoin en masse, viewing it as the only relatively safe asset during the 'perfect storm'.
Anomaly of the Week: Why is BNB showing strength while the market is falling? 🛡️Against the backdrop of a general market collapse, Binance Coin ($BNB ) demonstrates unexpected resilience. While BTC and ETH are losing about 3-5%, BNB holds its ground, adding around +1% in the last day. According to the analysis, this growth is supported by the launch of new projects on Launchpool, which compel users to accumulate and stake the token, creating a supply shortage.

Anomaly of the Week: Why is BNB showing strength while the market is falling? 🛡️

Against the backdrop of a general market collapse, Binance Coin ($BNB ) demonstrates unexpected resilience. While BTC and ETH are losing about 3-5%, BNB holds its ground, adding around +1% in the last day. According to the analysis, this growth is supported by the launch of new projects on Launchpool, which compel users to accumulate and stake the token, creating a supply shortage.
Capitulation or Reversal? Bitcoin is searching for a bottom at $68,000 📉Today's morning has brought another wave of tension: Bitcoin ($BTC ) has fallen below the psychological mark and is currently trading around $68,160. According to Investing.com, in the last 24 hours, positions worth $397 million have been liquidated in the market, with the 'razor' affecting both longs and shorts. The fear and greed index has dropped to an extreme 14 points.

Capitulation or Reversal? Bitcoin is searching for a bottom at $68,000 📉

Today's morning has brought another wave of tension: Bitcoin ($BTC ) has fallen below the psychological mark and is currently trading around $68,160. According to Investing.com, in the last 24 hours, positions worth $397 million have been liquidated in the market, with the 'razor' affecting both longs and shorts. The fear and greed index has dropped to an extreme 14 points.
Hashrate is falling, but profit is rising? The paradox of mining in February ⛏️The mining sector continues to be in turmoil. Due to winter storms in the USA and the fall in BTC prices, the overall network capacity has decreased by 12%. However, according to #MiningUpdates , this led to an unexpected effect: the mining difficulty has dropped, which has increased profitability for those who remained in the network. Currently, mining profitability (hash price) is trying to stabilize after record declines last week.

Hashrate is falling, but profit is rising? The paradox of mining in February ⛏️

The mining sector continues to be in turmoil. Due to winter storms in the USA and the fall in BTC prices, the overall network capacity has decreased by 12%. However, according to #MiningUpdates , this led to an unexpected effect: the mining difficulty has dropped, which has increased profitability for those who remained in the network. Currently, mining profitability (hash price) is trying to stabilize after record declines last week.
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