US customs may have thought Bitcoin miners were radio frequency devices: Luxor

US Customs and Border Protection (CBP) authorities may have mistakenly seized thousands of Bitcoin miners under the impression that they were illegally imported radio frequency devices. Thousands of Chinese-made Bitcoin (BTC) miners had reportedly been seized at US ports of entry since around September and only began being released again as of a few weeks ago.   The CBP’s move to seize the Bitcoin miners came at the request of the US Federal Communications Commission Agency, industry players have said. However, Bitcoin mining firm Luxor Technology’s chief operating officer, Ethan Vera,…

This Bitcoin Price Range Could Be The Bulls’ Final Defense Line, Report Says

Este artículo también está disponible en español. A report from the on-chain analytics firm Glassnode has revealed a Bitcoin price region that could prove to be crucial for the bulls. Several Key Bitcoin Metrics Are Pointing At The Same Price Range Right Now In its latest weekly report, Glassnode has discussed the Bitcoin investor cost basis from various angles. The first indicator that the analytics firm has shared is the “UTXO Realized Price Distribution” (URPD), that basically tells us about how the BTC supply is distributed among the different price…