Crypto Market Shifts as Bitcoin Miners Sell Reserves, DeepSnitch AI Raises Over $1.9M

The crypto market is undergoing a significant shift as major Bitcoin miners begin selling their reserves. This change in strategy comes as miners struggle with tight margins, volatile prices, and rising debt obligations.

Public Bitcoin mining companies have sold more than 15,000 BTC since October, marking a move away from the once-popular strategy of holding mined coins as long-term treasury reserves. Cango reportedly liquidated 4,451 BTC in February, roughly 60% of its reserves, while Bitdeer sold its entire treasury.

Meanwhile, DeepSnitch AI is gaining attention for its advanced trading intelligence platform. The project has raised over $1.9 million in its presale and offers a working product that can track whale activity, monitor market signals, and identify potential rug pulls in real-time.

Cardano price prediction models are debating the next move for established altcoins, with some analysts expecting a break above resistance to push prices towards $0.29-$0.30.