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Bitcoin miners sell during the downturn, what does this mean?

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👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Against the backdrop of fiscal tightening and slowing growth in the crypto industry, Bitcoin miners are selling their holdings. Crypto YouTuber Lark Davies commented that this has been happening since the start of the crypto crash. Usually, miners hold on to
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BTC, ADA, XLM, XMR, MANA

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The bears are trying to extend Bitcoin’s (BTC) record of nine consecutive red weekly candles to ten weeks, but the bulls are trying to avert this negative occurrence. Although sentiment remains negative, Arthur Hayes, former CEO of derivatives giant BitMEX, anticipates Bitcoin to bottom out in the range of $25,000 to $27,000. On-chain data from
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Hodler’s Digest, May 29-June 4

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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week     Fed money printer goes into reverse: What does
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Kenya invites Bitcoin mining firms to tap surplus geothermal power

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👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Kenya is looking to become Africa’s first Bitcoin mining hub by inviting Bitcoin mining companies to use surplus geothermal energy to power their operations, according to local media outlet The Standard. KenGen, the largest electric power producer in Kenya, disclosed that
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