MicroStrategy Inc. (MSTR) is a global leader in enterprise analytics and mobility software. The company provides software solutions and expert services that empower organizations to make informed decisions based on data-driven insights. MicroStrategy’s analytics platform delivers high-performance business intelligence, including data mining, predictive analytics, and interactive dashboards, to help companies analyze trends, patterns, and relationships […]
Read MoreCleanSpark (CLSK) is America’s Bitcoin Miner™. They own and operate data centers that primarily run on low-carbon power. Their infrastructure responsibly supports Bitcoin, the world’s most important digital commodity and an essential tool for financial independence and inclusion. www.cleanspark.com. Cleanspark has expanded its operations into the cryptocurrency mining sector, specifically Bitcoin mining. The company uses […]
Read MoreBitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, […]
Read MoreRiot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. It operates through Bitcoin Mining, Data Center Hosting, and Engineering segments. RIOT $18.6400 0.1700 % 0.9200 Riot Platforms Inc Sector : Business Services Industry : Technology Services Signal Short Term Trend Long Term Trend BUY UP UP Day: 0.92% […]
Read More(Bloomberg) — MicroStrategy Inc. shares touched the lowest level since August 2020 after the enterprise-software firm, better known in recent years as the largest corporate buyer of Bitcoin, disclosed its first ever sale of the token. The stock fell 1.1% to $136.63 on Thursday, and is down 75% this year. Bitcoin rose less than 1% […]
Read More(Bloomberg) — Coinbase Global Inc., the largest public digital-asset exchange in the US, is trailing behind meme cryptocurrency Dogecoin in terms of market value. The exchange now has about $8 billion in market capitalization while the value of Dogecoin — originally created as a joke in 2013 — is topping $9 billion. The measurement does […]
Read More(Bloomberg) — Speculators cleaving to the view that the crypto rout is mostly over are at risk of a rude awakening in 2023, according to Standard Chartered. A further Bitcoin plunge of about 70% to $5,000 next year is among the “surprise” scenarios that markets may be “under-pricing,” the bank’s Global Head of Research Eric […]
Read More(Bloomberg) — In the wake of the spectacular meltdown of Sam Bankman-Fried’s crypto empire, many investors are looking for early warning signs that may have foretold the contagion that was about to unfold. One possibility? Coinbase Global Inc.’s junk bonds. The largest US digital-asset trading platform has seen the price of its bonds plunge this […]
Read More(Bloomberg) — Wall Street’s waning conviction in Coinbase Global Inc. has done little to deter Cathie Wood. Instead, she’s been scooping up shares of the struggling cryptocurrency exchange in the wake of the collapse of Sam Bankman-Fried’s FTX. Wood’s Ark Investment Management funds have bought more than 1.3 million shares of Coinbase since the start […]
Read More(Bloomberg) — Bitcoin’s movements in relation to other assets may indicate that investors see it becoming a haven again, after a stretch where it’s traded basically as a risk asset, according to Bank of America Corp. The largest cryptocurrency has a 40-day correlation with gold of about 0.50, up from around zero in mid-August. While […]
Read More(Bloomberg) — Bitcoin bulls beware: Wall Street expects the cryptocurrency’s crash to get a whole lot worse. The token is more likely to tumble to $10,000, cutting its value roughly in half, than it is to rally back to $30,000, according to 60% of the 950 investors who responded to the latest MLIV Pulse survey. […]
Read More(Bloomberg) — It’s a perennial exercise whenever an asset is mired in a prolonged and deep drawdown: People look at the charts, they go over this or that indicator and they get their checklists out to try to figure out when it might find a floor. For Bitcoin, there’s plenty of such action happening right […]
Read More(Bloomberg) — A public dispute between a longtime crypto investor and a digital-asset exchange is the latest in a series of mini-crises that have rocked crypto markets in recent weeks. CoinFlex, a crypto exchange, on Tuesday named Roger Ver as the counterparty who failed to pay $47 million of stablecoin in a margin call. CoinFlex […]
Read More(Bloomberg) — Bitcoin resumed a fall on Wednesday, moving in tandem with weakening stocks amid mounting concerns about a global recession. The largest cryptocurrency declined as much as 2.9% to $20,244, holding right above the key $20,000 level. Ether fell by a maximum 3.3% to $1,084.80. Shiba Inu, the 14th-biggest cryptocurrency by market cap, rallied […]
Read More(Bloomberg) — Bitcoin fell below $20,000 for the first time since December 2020 as evidence of deepening stress within the crypto industry keeps piling up against a backdrop of monetary tightening. Bitcoin fell as much as 6% to $19,377.08 at 2:54 pm Hong Kong on Saturday. The largest token by market value has fallen for […]
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