PANews reported on October 25th that Coinglass data showed that over the past 24 hours, the cryptocurrency market saw $132 million in liquidated contracts across the network, including $71.7537 million in long positions and $60.3353 million in short positions. The total amount of BTC liquidations was $14.4638 million, and the total amount of ETH liquidations was $17.9655 million.

Smaller Bitcoin miners surge in hashrate and debt as competition intensifies post-halving, reshaping the industry’s balance of power. The Bitcoin mining industry is becoming increasingly competitive, with so-called tier-2 operators closing the gap on established leaders in realized hashrate — a sign of a more level playing field following the 2024 halving.According to The Miner Mag, companies such as Cipher Mining, Bitdeer and HIVE Digital have rapidly expanded their realized hashrate after several years of infrastructure growth, narrowing the distance to top players like MARA Holdings, CleanSpark and Cango.“Their ascent highlights how the middle tier of public miners — once trailing far behind — has rapidly scaled production since the 2024 halving,” The Miner Mag wrote in its latest Miner Weekly newsletter. Read more

