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Bitcoin mining output falls in July despite price rising to nearly $63,000

Market News
17 Aug 2026
Crypto Briefing
View Source
Neutral
Bitcoin mining output falls in July despite price rising to nearly $63,000

In July 2026, three major publicly traded Bitcoin miners—CleanSpark, BitFuFu, and Canaan—reported declines in Bitcoin production even as Bitcoin's price rose from about $58,500 to nearly $63,000. This drop in output is attributed to network difficulty adjustments, operational factors, and maintenance, which reduce the number of coins mined despite higher prices. CleanSpark is accumulating Bitcoin reserves, while BitFuFu is selling more than it mines, reducing its holdings significantly. The situation highlights the challenges miners face balancing production costs and market conditions amid rising Bitcoin prices.

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Amazon cargo jet crashes at Miami airport runway, killing 5 and injuring 5 others

Amazon cargo jet crashes at Miami airport runway, killing 5 and injuring 5 others

An Amazon cargo plane operated by 21 Air overran the runway at Miami International Airport on Sept. 6, 2026, crashing into vehicles and killing at least five people while injuring five others. The Boeing 767-300, arriving from San Juan, Puerto Rico, ...

Market News
Bearish
4 hours ago
XLM nears $0.20 as Stellar adds Tether's USDT0 stablecoin to boost network liquidity.

XLM nears $0.20 as Stellar adds Tether's USDT0 stablecoin to boost network liquidity.

XLM crypto price rose 1.45% to approach the key $0.20 level, extending recovery from August lows near $0.155. Stellar recently integrated Tether's USDT0 stablecoin, enhancing liquidity and payment options on its network. This addition aims to increas...

Market News
Bullish
4 hours ago
Kamino Finance enables borrowing USDC using bridged Zcash (ZEC) on Solana.

Kamino Finance enables borrowing USDC using bridged Zcash (ZEC) on Solana.

Kamino Finance has launched a new borrowing market on the Solana blockchain that allows users to use bridged Zcash (ZEC) as collateral to borrow USDC stablecoins. This move expands Kamino's lending platform into non-native and privacy-focused assets,...

Protocol Fundamentals
Bullish
4 hours ago
Crude oil hits six-week high amid US-Iran tensions, but US gas prices may drop this fall.

Crude oil hits six-week high amid US-Iran tensions, but US gas prices may drop this fall.

Crude oil prices surged to their highest in six weeks due to renewed US-Iran conflicts and attacks on Saudi Aramco facilities, raising concerns over Middle East energy supplies. Brent crude reached $97.73 per barrel, and US West Texas Intermediate hi...

Market News
Bearish
4 hours ago
QQQ ETF fee dropped after shareholders approved a structural change in 2025.

QQQ ETF fee dropped after shareholders approved a structural change in 2025.

The Invesco QQQ Trust ETF charged a steady 0.20% fee for years due to its unit investment trust structure, even as cheaper rivals emerged. This fee only decreased after shareholders approved a reclassification to an open-end fund structure at the end...

Market News
Bullish
4 hours ago
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