CryptoQuant CEO calls rising Bitcoin hashrate ‘indirect bullish signal’ from institutions
Public miners backed by major TradFi players are coming back online, boosting Bitcoin’s hashrate, a positive sign for BTC’s fundamentals, according to CryptoQuant’s Ki Young Ju.
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What happened
Public miners backed by major TradFi players are coming back online, boosting Bitcoin’s hashrate, a positive sign for BTC’s fundamentals, according to CryptoQuant’s Ki Young Ju.
Reported details
- TL;DR Bitcoin’s hashrate has increased by approximately 45% since July, rising from 726 EH/s to around 1,050 EH/s. CryptoQuant CEO Ki Young Ju considers the increase in computing power an indirect bullish signal of institutional support for Bitcoin miners. NIP Group announced the acquisition of mining equipment with 4.47 EH/s of capacity, although shares of … Read more
Why this matters
CryptoQuant CEO is a factual update rather than a structural change to tokenized assets. Its value to a desk is the sourced detail and the timing, so read it next to the linked reporting and treat any figure the sources do not state as unknown.
Evidence boundary
On CryptoQuant CEO, the scope is limited to what the linked 2 reports state, and where they diverge both positions are recorded without either being picked in advance; the headline figure is what to check first.
What to verify
Corroborate CryptoQuant CEO with one independent dated source, and treat any figure the linked reports do not state as unknown rather than inferred.
Sources and editorial check time
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Cointelegraph: https://cointelegraph.com/markets/cryptoquant-rising-bitcoin-hashrate-indirect-bullish-signal
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Crypto Economy RWA: https://crypto-economy.com/cryptoquant-ceo-highlights-rising-bitcoin-hashrate-signaling-institutional-confidence-in-miners/
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Editorial source check time: 2026-10-22T19:28:42.134Z
This information is educational and is not financial, legal, or tax advice.