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Bitcoin miners hoarding

Miners Are Hoarding BTC, Expecting Higher Prices

  • CS Team
  • May 8, 2020
  • 0

Miners are hoarding Bitcoin ahead of the halving, sending bullish signs.

According to ByteTree, over the past of the last week alone, miners have mined and hoarded 1,067 BTC ($10.5 million), expecting the price of BTC to continue to rise.

Recently, Iran issued a license for the biggest Bitcoin mining farm in the country, made up of 6,000 Machines.

Source: CryptoNews.com

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  • EU Rejects Idea of Banning Bitcoin & Ethereum
  • Scarcity: Only 2.5 Million Bitcoin Left to Mine (Just 11.9% of the Total Supply)
  • Fund Management CEO Predicts $100k BTC
  • Highly Bullish: Top 10,000 Addresses Hold 94% of the Available ETH
  • 3 Reasons Why Ether (ETH) Looks Bullish

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