26 Jun 2025, 14:29

GBM Launches Auction Festival with The Sandbox, Aavegotchi, Unstoppable Domains, and More

London, UK, June 26th, 2025, Chainwire GBM , the auction protocol reinventing how value is distributed onchain, has announced the launch of its inaugural Auction Festival , a multi-month celebration of auctions, rewards, and community participation. The Festival kicks off in partnership with leading Web3 names, including The Sandbox, Aavegotchi, Unstoppable Domains, Song a Day, Vision.io, and more, all showcasing the power of GBM’s proprietary Win-Win auction model , where every bidder gets rewarded, not just the winner. This event marks the first phase of GBM’s full protocol launch and upcoming token release. Alongside the auctions, participants can engage in quests, earn incentives, and unlock exclusive rewards, all designed to showcase GBM’s next-generation auction mechanics ahead of its full protocol launch. A New Standard for Onchain Auctions Traditional auctions reward only the highest bidder, leaving everyone else with nothing, despite shared exertion in their time, capital, and interest. This is a zero-sum model that creates friction, fosters sniping, and kills genuine price discovery, often leading to both sides being disenfranchised. This winner-takes-all model is broken, and GBM introduces a paradigm shift with its Win-Win model . With the GBM auction, outbid participants receive their full bid back along with an incentive, turning participation into a rewarding act. This flips the traditional format on its head, creating a dynamic, trustless, high-engagement environment where competition drives true market discovery, not manipulation or luck. Already, several leading Web3 projects have embraced GBM’s Win-Win model for its transparency, flexibility, and ability to engage communities without extractive mechanics. “We’re thrilled to join the upcoming Auction Festival and bring our Web3 domains to the GBM auction platform. This innovative Win-Win auction model makes Web3 domains more accessible and engaging for everyone — from first-time buyers to seasoned collectors.’’ - Sandy Carter, COO, Unstoppable Domains “GBM auctions have introduced a new layer of excitement and strategy to LAND sales in The Sandbox Metaverse. Our community is more engaged than ever, bidding on prized virtual LAND near their favourite brands and celebrities. Even those who don’t win walk away rewarded, turning every bid into a fun and rewarding experience. Bidding has become thrilling, fair, and a new way to earn $SAND along the way.” - Sébastien Borget, Co-Founder & COO, The Sandbox For GBM, The Auction Festival is a milestone in the protocol’s evolution. “The GBM Auction Festival is our way of showing people what a modern auction should feel like - fun, fair, and built around rewarding participation. Bidders get rewarded for their role in discovering the true market value of the seller's assets, resulting in an outcome where everybody wins.” - Hugo McDonaugh, Co-Founder & CEO, GBM A Festival That Rewards Participation The Auction Festival will run from late June through to early September, bringing together partner-led auctions, community quests, and protocol-wide incentives. Highlights include: Live partner auctions, including but not limited to: Aavegotchi, Unstoppable Domains, The Sandbox, and Freename. Participation incentives for all bidders, not just winners. Community quests and tiered engagement rewards. Giveaways, competitions, and community events. The Festival is also a gateway to deeper protocol participation. Through the Festival and the GBM Community Programme, users can earn points for bidding, selling, completing quests, collecting trophies, badges, NFTs, and other rewards. These incentives ultimately lead to a share of the GBM token when it’s launched. To learn more about the GBM Protocol and the Auction Festival The Auction Festival officially begins on the 30th June 2025. Users can: Learn more about the Festival and the GBM protocol here: https://docs.gbm.auction/ Join the community here: https://discord.gg/gbmauction Follow for updates here: https://x.com/GBMauction About GBM GBM is the auction protocol redefining how value is distributed onchain. At the heart of GBM is its innovative Win-Win auction model, which rewards every participant, not just the winner. This sets a new standard for price discovery and value alignment across Web3. To date, GBM has powered $200M+ in bidding volume and distributed over $6M in rewards to bidders , proving its model at scale. Trusted by top Web3 ecosystems including The Sandbox, Aavegotchi, and Unstoppable Domains, GBM is the next-generation auction layer for crypto-native platforms - making auctions more transparent, engaging, and fair for everyone. For more information, users can visit: https://web3.gbm.auction Contact Head of Marketing Jake Scott GBM Auctions [email protected]

26 Jun 2025, 14:20

The corporate Bitcoin fever has reached London and is bouncing to Sweden

The corporate Bitcoin fever is spreading fast. What started with Michael Saylor’s Strategy (formerly MicroStrategy) is now becoming the new boardroom obsession. Firms from Sweden to London are buying Bitcoin for their treasuries, raising millions, and even ditching ETFs for direct holdings. From miners to tech startups, Europe’s Bitcoin moment is turning balance sheets into bullish statements. The trend comes as BTC is looking strong and heading towards reclaiming the $110K mark. Bitcoin lands on EU balance sheets According to reports, Sweden’s Bitcoin Treasury Capital just made its opening move with the purchase of 66 BTC after raising SEK 100 million ($10.5M). Their next move comes in the wake of going public under the ticker BTC on Sweden’s Spotlight Stock Market. Hopping on the momentum, British-listed company Vault Ventures added 1.86 BTC to its stash, bringing the firm’s total to 2.08 BTC. It announced that it had completed fundraising and invested £750,000 in Ethereum and £150,000 in Bitcoin. Vault Ventures also picked up more Ethereum (ETH), doubling down on its crypto-intensive strategy. Then there’s Catenai, now planning to hold a portion of its excess cash in Bitcoin and some in $TAO. The firm is mixing hard money with AI tokens and raising around £1.6 million ($2.2 million) to kick things off. 11 out of 84 (13%) active companies listed on 🇬🇧 UK's Aquis Stock Exchange have BTC exposure or are raising funds to acquire BTC 🤯 If 13% of all worldwide public companies adopt the BTC strategy, we should see around 6,900 public companies adopting the Bitcoin Treasury… pic.twitter.com/Xf3J2SYpSr — NLNico (@btcNLNico) June 25, 2025 NLNico reported that 11 out of 84 (13%) active companies on the UK’s Aquis Stock Exchange have Bitcoin exposure or are raising funds to acquire BTC. He added that if 13% of all worldwide public companies are willing to adopt the Bitcoin strategy , then the market would see around 6,900 companies entering in arena. Michael Saylor’s corporate Bitcoin playbook goes global Another plot twist comes as a literal gold mining company, Bluebird Mining, wants to start mining “digital gold.” Bluebird Mining upgraded its fundraising target to a minimum of £10 million ($13.7 million) to fund a Bitcoin strategy. It announced a £2 million facility and got flooded with offers. In other developments, the Smarter Web Company raised £41.2 million ($56.5 million) via Accelerated Bookbuild to buy more BTC. Finally, Sixty Six Capital Inc. is going all-in on Michael Saylor. It has snapped up another 18.2 Bitcoins and plans to convert its 113 BTC in ETF exposure into direct holdings. Canada-based Neptune Digital Assets also jumped on the wave and shared a Bitcoin treasury update. The company has added 3 BTC since its last update in April and now holds around 404 BTC. However, it also mentioned that it has Solana (SOL) staked and uses the rewards to buy more Bitcoin. As discussions and actions to enter the biggest crypto into their balance sheets are growing, Bitcoin is booming hard. BTC price has jumped by 27% in the last 90 days despite facing global market turbulence. Bitcoin is trading at an average price of $107,354 as of press time. The crypto ETF market is also buzzing. June 25 saw Bitcoin ETFs recording a net inflow of $548 million. This marked 12 consecutive days of net inflows Strategy is still the world’s largest corporate holder of Bitcoin. It added 10,100 BTC for $1.05 billion at an average price of $104,080 per coin from June 9 to June 15, 2025. Then it added another 245 BTC last week. The company’s total Bitcoin holdings have now grown to approximately 592,345 BTC. MSTR share price has seen a major boom as it jumped by a massive 166% in the last year to hit $388.67 as of press time. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now

26 Jun 2025, 13:52

Galaxy Digital launches $175 million fund to back DeFi and stablecoin startups

Galaxy Digital, the crypto investment firm led by billionaire Mike Novogratz, has secured $175 million for its new venture capital fund targeting blockchain startups. The fund, which closed above its $150 million target, is part of Galaxy’s growing commitment to backing early-stage companies in the decentralised finance (DeFi) and stablecoin sectors. The capital raise signals a shift in how institutional investors are approaching blockchain ventures. Instead of betting on speculative tokens, Galaxy is now focusing on startups at the intersection of traditional finance and blockchain technology. The company has already invested $50 million of the fund in select projects, reinforcing its strategy of bridging conventional finance and the evolving crypto economy. Stablecoins and DeFi take centre stage Galaxy’s new fund will primarily invest in projects developing stablecoins and DeFi infrastructure. These sectors have seen increased institutional interest as investors search for more predictable use cases within the crypto space. Mike Giampapa, general partner at Galaxy Digital, explained that the firm chose to raise external capital for the fund and then participated as a limited partner. This approach enables Galaxy to leverage institutional backing while retaining exposure through its own listed stock on Nasdaq. The company believes stablecoins and DeFi protocols offer more “tangible” applications compared to earlier crypto ventures driven by speculation. Among the first deployments of the fund are investments in Monad, a high-performance blockchain platform, and Ethena, a protocol for issuing yield-generating dollar-pegged stablecoins. These startups are building financial primitives that could support mainstream adoption of blockchain services by traditional institutions. Venture activity grows alongside Galaxy’s $7B AUM Galaxy Digital, which operates across trading, asset management, and mining, reported $7 billion in assets under management (AUM) as of May. A significant portion of this AUM is already directed towards crypto-native startups, and the latest fund further strengthens its position in the venture ecosystem. Beyond investing, Galaxy has been expanding its product range. It recently filed for a Solana exchange-traded fund (ETF) through a joint submission with Invesco. The partners submitted a registration statement (S-1 form) with the Securities and Exchange Commission on June 25, marking another attempt to bring blockchain exposure into mainstream financial markets. The firm’s growing exposure to layer-1 blockchains, stable assets, and financial infrastructure aligns with broader market trends. As US regulations become clearer, asset managers and institutional investors are showing more confidence in allocating capital to crypto ventures. Galaxy’s venture fund is a direct response to this shifting landscape. Traditional finance and crypto converge The fund’s objective reflects a broader shift in the crypto industry—from speculative narratives to utility-based applications. This convergence of traditional finance and decentralised networks is enabling projects to build tools that address real-world financial challenges. Galaxy’s approach targets ventures that can offer stable returns, regulatory compliance, and scalable use cases. The firm’s public market listing also allows investors to gain indirect exposure to the fund’s underlying startups. Galaxy’s shares trade on Nasdaq, providing a channel for retail and institutional investors alike to benefit from the growth of crypto startups without investing directly in high-risk tokens. The renewed push towards DeFi and stablecoin solutions suggests that Galaxy is betting on the long-term viability of blockchain-based financial systems. With more than $50 million already deployed from the new fund, the firm is actively shaping the next wave of crypto infrastructure. Galaxy doubles down amid improving US policy climate Galaxy’s decision to raise and deploy capital at this point in the market cycle follows improving regulatory clarity in the US. The firm is positioning itself to take advantage of new legislation and institutional demand for crypto assets, particularly in light of new frameworks supporting stablecoin issuance and crypto investment vehicles. The firm’s dual role as a venture investor and publicly listed entity may provide it with unique leverage. While the crypto market remains volatile, Galaxy Digital is moving decisively to capture value from early-stage blockchain projects offering long-term potential. The post Galaxy Digital launches $175 million fund to back DeFi and stablecoin startups appeared first on Invezz

26 Jun 2025, 13:26

Will India Launch Bitcoin Reserve?

The post Will India Launch Bitcoin Reserve? appeared first on Coinpedia Fintech News As the United States pushes forward to become the global leader in cryptocurrency, several other countries follow in its footsteps. Driven by new political interest and a global trend, India’s ruling party, the BJP, signals towards forming a Bitcoin Reserve. National spokesperson Pradeep Bhandari argued that India could benefit from adopting a BTC reserve. BJP Urges to Establish Bitcoin Reserve in India Recently, Pradeep Bhandari, the spokesperson of the BJP, urged that India’s financial policies must evolve to adapt more flexible and innovative framework. This method will aim to bring financial growth and prosperity to the country, according to Bhandari. He stated – “India stands at a pivotal juncture. A measured Bitcoin strategy—perhaps a reserve pilot—could strengthen economic resilience and project modernity. As the US advances and nations like Bhutan adapt, India has a unique opportunity to lead.” Bhandari’s Argument for the Possibility of BTC Reserve in India Bhandari points out several significant points that signal the possibility of a future Bitcoin reserve in India. Renewable Energy Capacity He noted that India has the full capability to mine Bitcoin, following Bhutan’s mining initiative. Bhutan mines Bitcoin, using hydropower, building a reserve exceeding $1billion by Q1 2025. Bhandari suggests that India could follow this framework, as India has even bigger renewable energy potential than Bhutan. US Model Bhandari noted that the US benefited by launching its Bitcoin Reserve and now holds over $20 billion in value. India could benefit from a pilot reserve strategy based on the US model, he proposed. [post_titles_links postid=”475206″] Urged India to Step Up While BRICS nationals and other countries are showing interest in crypto agendas, India still hesitates in the crypto space. Bhandari urged India to launch a Bitcoin reserve as it will help increase the global competition. Support From Crypto Leaders For BTC Reserve CoinDCX CEO, Sumit Gupta , thanked Bhandari for bringing this proposal of BTC reserve. He stated– “For years, many of us in the industry have advocated that crypto is more than just a financial instrument; it’s geopolitical, economic, and strategic. Seeing our policymakers engage with this reality is both validating and encouraging!” Final Note While urging the nation to build a BTC reserve, Pradeep Bhandari ensures that this is not a reckless pivot but a calculated step to embrace digital assets. While crypto experts suggest India to test Bitcoin as a sovereign asset, the central question remains unanswered– Will India establish a Bitcoin reserve? After encountering multiple crypto updates, the possibility of a BTC reserve speaks volumes. [article_inside_subscriber_shortcode title=”Never Miss a Beat in the Crypto World!” description=”Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.” category_name=”News” category_id=”6″] FAQs Is India generally considered “crypto-friendly”? India’s stance on crypto is evolving. While owning and trading crypto is legal and there’s a large user base, the government imposes high taxes (30% on gains, 1% TDS) and prohibits crypto as legal tender for payments, creating a “cautious” environment rather than fully friendly. What is India’s crypto tax in 2025? India imposes a flat 30% tax on crypto gains and a 1% TDS on transfers over ₹10,000, with no loss set-off. Are cryptocurrencies legal in India? Cryptocurrencies are not legal tender in India but are legal to hold and trade within a regulated tax and compliance framework.

26 Jun 2025, 13:00

Tether Aims to Dominate Bitcoin Mining While Powering AI Economy with USDT

Tether is doubling down on its strategic expansion beyond stablecoins, with CEO Paolo Ardoino announcing plans for the company to become the largest Bitcoin miner by the end of the year while also predicting a future where trillions of AI agents will use USDT and Bitcoin for machine-to-machine transactions. Ardoino outlined Tether’s investments in mining, artificial intelligence, and self-custodial tools as part of a broader push to position the firm at the heart of an increasingly automated, blockchain-driven digital economy. Tether CEO Says Company Could Become World's Largest Bitcoin Miner by Year-End Tether CEO Paolo Ardoino revealed in a recent podcast episode that the stablecoin giant could emerge as the world’s largest bitcoin miner by the end of 2025. The claim signals the company’s accelerating pivot beyond digital currency issuance into deep infrastructure investment — a strategy Ardoino says is designed not for profit alone, but for the security of the Bitcoin network itself. Tether, known globally for issuing the USDT stablecoin, is operated by a relatively small team of under 200 people. Yet, the company reported a staggering $13 billion in profits during 2024, primarily from its massive holdings in US Treasuries, Bitcoin, and other reserve assets. That war chest has given Tether ample financial firepower to pursue an aggressive expansion strategy. In recent years, Tether has diversified across multiple sectors, ranging from artificial intelligence and telecommunications to data centers and energy infrastructure. But perhaps the most significant and ambitious move has been into the world of bitcoin mining — a sector typically dominated by long-established industrial firms. While the profits of mining companies have drawn many players into the industry, Ardoino made it clear that Tether's ambitions are rooted in strategic alignment, not pure ROI. Tether currently holds more than 100,000 BTC, valued at over $10 billion at current prices. “I think that is clear that if you have $1 million and you have to decide where to put it — either in bitcoin mining or in buying bitcoin directly — you would always make more money buying bitcoin directly,” Ardoino explained. “But in our case, I think given the exposure that we have to bitcoin, it's important to be part of the security of the network.” In Ardoino’s view, bitcoin mining is not just a business but a responsibility — a way to directly protect and support the network on which the company’s core assets depend. “Realistically, by the end of this year, Tether will become the biggest bitcoin miner out there,” he declared. $2 Billion Invested Across Latin America While exact figures for Tether’s current hashrate remain undisclosed, the company’s footprint has grown rapidly. Since 2023, Tether has invested more than $2 billion in energy and mining infrastructure across 15 sites in Uruguay, Paraguay, and El Salvador. This includes the development of renewable energy projects, construction of substations, and minority stakes in already-operational mining farms. The initial $500 million investment in late 2023 marked the beginning of a long-term strategy. Ardoino indicated that the expansion is ongoing, with additional capital earmarked for future development. The locations Tether has chosen are known for having abundant hydropower and favorable regulatory environments — two critical factors for sustainable mining growth. To put Ardoino’s claim in perspective, the top bitcoin mining firms by current hashrate include Marathon Digital (MARA) at 57.3 EH/s, CleanSpark at 50 EH/s, Iris Energy (IREN) at 38.4 EH/s, Riot Platforms at 33.7 EH/s, and Core Scientific at 19.1 EH/s. Bitcoin’s total network hashrate is currently estimated at 810 EH/s. Surpassing those firms would require Tether to operate or control tens of exahashes per second (EH/s) in computing power. While this target is ambitious, Tether’s substantial capital and rapid infrastructure buildout make the goal not entirely implausible — especially if acquisitions or strategic partnerships are involved. Yet, the lack of transparency regarding Tether’s exact mining hashrate metrics raises some skepticism. Without public disclosures, observers can only estimate the company’s current position within the broader mining ecosystem. An Emerging Energy Giant? Ardoino’s comments also reinforce Tether’s long-term ambition to become more than a stablecoin issuer. By embedding itself into the physical infrastructure layers of society — energy, data, and intelligence — Tether seems to be positioning itself as a backbone for the decentralized digital economy. With a CEO focused on Bitcoin’s longevity, a multi-billion-dollar budget, and an expansive view of technological sovereignty, Tether’s mining play is not just about hashing power. It’s a philosophical statement about decentralization, resilience, and the future of money. Whether the company can truly claim the crown of the world’s largest bitcoin miner by year’s end remains to be seen. But one thing is clear: Tether is no longer just a fintech firm. It is rapidly becoming an industrial force in the age of digital infrastructure. Tether’s Paolo Ardoino Sees Trillion-Bot Economy, with USDT and Bitcoin as the Native Money In Ardoino’s view of the not-so-distant future, billions of autonomous software bots will negotiate, pay, and settle with one another every second—without a human in sight. And when they do, the Tether CEO expects two assets to power that machine-to-machine (M2M) economy: USDT and Bitcoin. Ardoino made perhaps his most ambitious prediction yet during the podcast appearance: “We are going to have one trillion AI agents in 15 years, and each one will need a self-custodial wallet.” In such a world, he argued, traditional banks will be ill-equipped—or simply unwilling—to treat autonomous bots as customers. Stablecoins and permissionless crypto networks, by contrast, can provide immediate, always-on settlement rails. AI agents—autonomous pieces of software able to interact with other machines, APIs, and blockchains—are already taking on narrow tasks such as negotiating bandwidth prices, allocating cloud resources, or rebalancing liquidity pools. Their numbers remain tiny today, but Ardoino foresees exponential growth as large-language models mature and on-chain identities become cheaper and faster to spin up. “I don’t think JPMorgan will open a bank account for any AI agent,” he told the podcast host, adding that self-custody is the only workable model for non-human economic actors. “That’s why USDT and Bitcoin make the most sense—they’re the assets traders already use every day, and they’re trust-minimized.” Data backs up Ardoino’s confidence. A US Treasury study last year found that the majority of crypto volume is routed through stablecoin pairs, and more than half of the $243 billion stablecoin float is USDT. On centralized exchanges, USDT remains the deepest quote currency, especially for emerging-market traders who lack access to US dollars. Tether’s edge, Ardoino argued, lies in a blend of liquidity and tooling: Wallet Development Kit (WDK):Launched in November 2024, the open-source WDK lets any developer embed non-custodial wallets in apps—or in AI agents—within minutes. Ubiquity Across Chains:USDT circulates on more than a dozen blockchains , providing instant bridges between high-throughput environments like Solana and security-focused networks like Bitcoin via Omni. Battle-Tested Liquidity Reserves:With a circulating supply above $155 billion, USDT offers order-book depth that few competitors can match. Regulatory Tailwinds—or Headwinds? Ardoino’s prediction lands as US lawmakers debate two headline stablecoin bills: the Digital Asset Market CLARITY Act in the House and the GENIUS Act in the Senate. Treasury Secretary Scott Bessent recently told lawmakers that clear rules could propel stablecoin capitalization past $2 trillion by 2028. For Tether, regulatory clarity could cement USDT’s role as the de facto lubricant for M2M trade. But stricter reserve-disclosure demands—or outright caps on algorithmic issuance—could also tighten the operating window for all stablecoin issuers. Tether’s push into artificial intelligence began in earnest last year: April 2024 – Tether Data:A research arm focused on open-source AI models, emphasizing transparency and auditability—traits Ardoino says are “non-negotiable in finance-grade software.” May 2024 – Tether AI:Announced as a peer-to-peer network that will “enable an unstoppable mesh of AI agents,” Tether AI aims to provide inference marketplaces where bots can buy and sell compute and data using—naturally—USDT and Bitcoin. The company’s new headquarters in El Salvador gives it a regulatory sandbox and proximity to the geothermal power that now fuels some of its Bitcoin-mining experiments. Reaching Ardoino’s trillion-agent milestone will test the limits of today’s crypto stack: Throughput & FinalityEven the fastest L1s handle only a few thousand transactions per second. Tether’s answer is multi-chain USDT issuance paired with Bitcoin’s Lightning Network for rapid settlement. Key ManagementSelf-custody at machine scale demands robust, automated key-rotation schemes. Tether’s WDK supports hardware-based enclaves and threshold signatures to minimize single points of failure. On-Chain IdentityAI agents will need verifiable credentials to avoid Sybil attacks. Here, Ardoino notes, Soul-Bound Tokens and zero-knowledge proofs may play starring roles.

26 Jun 2025, 12:42

Bitcoin Miner Revenues Hit Two-Month Low, Selling Activity Remains Muted: CryptoQuant

Bitcoin miner revenues have fallen to their lowest levels in two months, according to analysts at on-chain and market data CryptoQuant . On June 22, daily earnings dropped to $34 million, a level not seen since April 20, 2025. The downturn is mainly being attributed to reduced transaction fees and a decline in the market price of Bitcoin. The combination of these factors is leading to an environment where miners are experiencing some of the lowest compensation rates recorded in the past year. As reported in CryptoQuant’s weekly analysis, miners are currently “the most underpaid they have been in the last year.” Bitcoin miners just saw their worst payday in a year. Daily revenue slipped to $34 million in June, the lowest since April. Falling fees and Bitcoin’s price drop are crushing margins. pic.twitter.com/TXdN06CU1F — CryptoQuant.com (@cryptoquant_com) June 26, 2025 Hashrate Falls, But Miner Selling Stays Low Despite the drop in revenue, miners have not responded with increased selling. CryptoQuant reports that Bitcoin outflows from miner wallets have steadily decreased, falling from a peak of 23,000 BTC per day in February to around 6,000 BTC today. This represents a significant reduction in selling activity, especially given the recent price volatility. Notably, the network’s hashrate has experienced a 3.5% drawdown since June 16, marking the largest decline in nearly a year. However, this drop in computational power has not translated into heightened liquidations by miners. In addition, so-called “Satoshi-era” miners have sold only 150 BTC so far in 2025, compared to nearly 10,000 BTC in 2024. Miner Reserves Grow Despite Lower Income CryptoQuant analysts also note that instead of selling, miners are increasing their reserves. Addresses holding between 100 and 1,000 BTC have grown their combined holdings from 61,000 BTC on March 31 to 65,000 BTC as of late June. This is the highest level of reserve accumulation by this group of miners since November 2024. The steady accumulation trend suggests that most miners are not facing immediate financial stress, even amid falling revenues. Their continued reserve growth indicates a long-term outlook and confidence in future price recovery, rather than capitulation under current market conditions. Overall, while Bitcoin miner revenues have declined to a two-month low, there is no evidence of widespread selling pressure in response. CryptoQuant’s findings portray a mining sector that, though underpaid by recent standards, remains resilient and strategically focused on long-term accumulation. The post Bitcoin Miner Revenues Hit Two-Month Low, Selling Activity Remains Muted: CryptoQuant appeared first on Cryptonews .