Jun 23, 2022
Over the last couple of weeks, the miner capitulation has been discussed on several blogs and podcasts. The term is very popular and it describes a scenario where miners are forced to sell their Bitcoins to keep up with the production costs and eventually have to face bankruptcy if they run out of cash. In every bear market, the miner capitulation comes into play since many mining businesses are founded under the impression of the last bull market. This time it’s different, one of the bigger mining companies had to sell 3.000 BTC. Why did this happen and is this the capitulation?
Jun 22, 2022
Is someone criticizing Bitcoin and/or claiming that the price will go to zero? As of this week, you can refer them to a new short ETF: a financial instrument that allows traders to speculate on a drop in the price of Bitcoin. Peter Schiff, put your money where your mouth is!