Summer sparks Bitcoin miner capitulation: a recurrent seasonal trend

By CryptoSlate July 18, 2023 In Bitcoin, Cryptocurrencies, Mining

Quick Take The Hash Ribbon, a market indicator defined by Glassnode, operates on the assumption that Bitcoin tends to bottom out when miners capitulate, which happens when the cost of mining Bitcoin exceeds the potential return. The Hash Ribbon historically signals the end of the miner capitulation phase when the 30-day moving average (MA) of […]

To access this insight, connect your Solana wallet or learn more about CryptoSlate Alpha.

Unlock this insight with CryptoSlate Alpha

This insight is only available for CryptoSlate Alpha members. CryptoSlate Alpha is a membership designed to empower you with cutting-edge insights and knowledge, built on top of Access Protocol.

👋 Hey, connecting to CryptoSlate Alpha requires authentication using Access Protocol. CryptoSlate is a launch partner of Access Protocol and we are also invested in the project through a grant we received. For more information, see our terms page.

Advertisement

To access CryptoSlate Alpha, you will need

1. Solana Wallet

Connect a Solana self-custody wallet (Phantom, Solflare or Torus).

2. Stake ACS

Stake 20k ACS (native token of Access Protocol) to the CryptoSlate pool.

Included in your membership Already holding ACS? Connect & stake now →

Get Alpha

Disclaimer: By choosing to lock your ACS tokens with CryptoSlate, you accept and recognize that you will be bound by the terms and conditions of your third-party digital wallet provider, as well as any applicable terms and conditions of the Access Foundation. CryptoSlate shall have no responsibility or liability with regard to the provision, access, use, locking, security, integrity, value, or legal status of your ACS Tokens or your digital wallet, including any losses associated with your ACS tokens. It is solely your responsibility to assume the risks associated with locking your ACS tokens with CryptoSlate. For more information, visit our terms page.

Still confused and need more information? Learn more about CryptoSlate Alpha →

Published on

CryptoSlate

View the full article

You may also like