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🚀 Bitcoin mining companies had a blast in September 2023! 🎉 Let's celebrate their achievements: 🔸 CleanSpark mined 643 BTC, making it their best quarter & fiscal year ever! CEO @ZachKBradford is proud of the team's efficiency & low energy costs. Congrats! 🎊 🔸 Riot Blockchain mined 362 BTC & scored a deal with ERCOT, receiving over $13M in energy credits (worth 500+ BTC)! 💰 🔸 Marathon Digital Holdings outshined them all, producing 1,242 BTC & increasing their operational hash rate by 20%! 🌟 What do you think about these mining milestones? Share your thoughts in the comments! 💬 #BitcoinMining #CryptoNews

🚀 Bitcoin mining companies had a blast in September 2023! 🎉 Let's celebrate their achievements:

🔸 CleanSpark mined 643 BTC, making it their best quarter & fiscal year ever! CEO @ZachKBradford is proud of the team's efficiency & low energy costs. Congrats! 🎊

🔸 Riot Blockchain mined 362 BTC & scored a deal with ERCOT, receiving over $13M in energy credits (worth 500+ BTC)! 💰

🔸 Marathon Digital Holdings outshined them all, producing 1,242 BTC & increasing their operational hash rate by 20%! 🌟

What do you think about these mining milestones? Share your thoughts in the comments! 💬 #BitcoinMining #CryptoNews

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🚀Grayscale's Bitcoin ETF, GBTC, is back in the game with $4M inflows, breaking a 4-month outflow streak. This follows a $63M reversal last Friday. Currently, GBTC manages ~292,217 BTC ($18.4B). Meanwhile, 11 US Bitcoin ETFs collectively received $217.06M, pushing total net flow to $11.8B. Fidelity's FBTC led with $99M inflows, followed by Ark 21Shares' ARKB with $76M. Spot Bitcoin ETFs have been key in driving BTC to all-time highs. After a slowdown, there's been a recent uptick in spot Bitcoin ETF figures, pushing BTC above $63,000. 📈 What are your thoughts on the resurgence of Bitcoin ETFs? Let's chat below! #DeFi #Bitcoin.
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📈🚀 Ethereum's holding strong at the $3K support region, folks! Despite a bearish trend from the $4K mark, we're seeing a sideways consolidation phase. Could this be a sign of accumulation before a bullish resurgence? 🤔 Key points: - Ethereum's price is hanging around the $3K mark. - A breach could trigger a cascade effect, with the next target at $2.5K. - A descending wedge pattern has formed on the 4-hour chart. - Expectations are high for a break above the $3.4K resistance region. Investors, keep a close eye on the $3K level! A sudden breach could trigger a cascade effect. But if the accumulation stage concludes successfully, we might see a fresh, bullish move. 🚀 What do you think? Will Ethereum bulls keep the price above $3K? Share your thoughts below! 👇 #Ethereum #CryptoNews #BullishTrend
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🚀Polkadot (DOT) is a major player in the crypto world with its unique sharded multichain architecture.💡 - DOT, its native cryptocurrency, has many uses within the ecosystem, from transaction fees to staking and governance. - Wallets are crucial for managing your DOT, with options ranging from web, desktop, mobile to hardware wallets.🔒 Top 5 Polkadot Hot Wallets: 1. Nova Wallet - Best for desktop 2. Trust Wallet - Best for hardware integration 3. SubWallet - Best web wallet 4. Polkawallet - Best mobile wallet 5. Fearless Wallet Top Hardware Wallets: 1. Ledger - Best overall 2. Polkadot Vault - Turn your old smartphone into a cold wallet Choosing the best wallet depends on your needs, technical understanding, and goals. Always consider custody, purpose, user interface, security, and customer support.🔑 What's your favorite wallet for DOT? Share your thoughts below!👇 #DeFi #Crypto #Polkadot #Web3
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📢💰 Bitcoin miners are playing the long game! 🚀 They're holding onto their BTC, anticipating higher prices before selling. This is the longest-ever miner consolidation and accumulation period since Bitcoin hit $16K. 📊 According to CryptoQuant, miner sell pressure has significantly reduced post-halving, with 14 straight days of consolidation and accumulation. 💸 Miners are seeing their lowest revenue levels in a year. But as Bitcoin ETF flows increase and a rate cut in Q4 looks more likely, they're probably stocking up for a profitable sell-off soon. 🔨 The halving cut mining rewards from 6.25 to 3.125 BTC. This initially kept miners' earnings up, but revenue dropped sharply in May. 📉 Major miners like Hut 8 and Bitfarms reported production drops of 6% to 35% in April. 📈 But there's a silver lining! Transaction fees now make up over 7% of miners' total revenue, up from 1% two years ago. This could potentially strengthen the network's fundamentals. 🔗 The Bitcoin network is also seeing a surge in usage, with a growing number of OP RETURN codes used, indicating broader adoption. What are your thoughts on this? Are miners making the right move? Let's discuss! 👇 #Bitcoin #CryptoNews #DeFi
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📣Hey #CryptoTwitter!🚀 BTC's price recovery might be just around the corner!🔜📈 Why?🤔 - Bitfinex's weekly report hints at slowing selling pressure from short-term holders.🐻📉 - The Exchange Whale Ratio is stabilizing, indicating whales might be done distributing their supply.🐋💰 - The Market Value to Realized Value (MVRV) ratio for short-term holders is in the 0.9 to 1 range, often seen during bull market corrections.🐂📊 - The short-term holder MVRV ratio is at 0.96, a level that often precedes a market recovery.🔄📈 Even the Bitcoin Fundamental Index (BFI), which evaluates network health, is at an inflection point.🔝🌐 So, are we ready for a BTC price recovery?🚀💸 Share your thoughts below!👇🗨️ #Bitcoin #DeFi #CryptoNews
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