Search results for Capriole Investments
Crypto
Bitcoin miner \'capitulation\' signal seen again, but bottom not yet in
Bitcoin mining profitability has fallen below 5 percent, drawing renewed attention to a “miner capitulation” signal as spot prices lag difficulty and production costs. On-chain indicators show a pattern similar to past bear markets, when miner stress raised selling pressure but also marked accumulation zones for long-term investors. Capriole Investments founder Charles Edwards said bitcoin is trading near production cost, with mining margins at 4.67 percent. Some analysts say it is too early to call a final bottom, citing potential broader financial market corrections.
Crypto
Bitcoin mining profits plunge, putting $60,000 support under test
Bitcoin mining profitability has fallen to a record low, fueling market unease over whether bitcoin can hold the $60,000 support level. As the price slipped toward $62,000, on-chain activity cooled and miner revenue sank. Miners and pools still hold more than $110 billion worth of bitcoin, raising concerns about potential selling. Industry concentration has increased, while some miners shift power infrastructure toward AI computing.
Crypto
Mining cost, realized price and MVRV warn bitcoin may retest $50,000
Bitcoin has held the $60,000 level recently, but it is too early to say a bottom is in, an analysis said. Multiple indicators including mining cost, realized price, MVRV bands and weekly technical signals point to the possibility that bitcoin could slide toward around $50,000 in the coming weeks. Analysts noted downside risks remain despite a rebound, with attention focused on support near $60,000 and $62,000.
