Bitcoin miners have been increasing their Bitcoin reserves at the end of July, indicating a bullish market sentiment. This article discusses the influence of miners on the cryptocurrency market and how their decisions affect supply and demand. The data from July shows a notable shift in miners’ positions, with a sudden accumulation of over 451 BTC within four days. The article also mentions the benefits of being a CryptoSlate Alpha member and provides information about connecting a Solana self-custody wallet. Other topics briefly mentioned include Worldcoin’s mainnet launch, Elon Musk’s influence on market sentiments, a CBDC-related job position at the Federal Reserve Bank of San Francisco, difficulties in selling NFTs, and the upcoming criminal trial of the former CEO of FTX.
AI Sentiment: Positive