The original notion was that cryptocurrencies operated independently of the traditional financial system, but recent trends suggest that investor behavior may have inadvertently created a link between the two.
JinseFinanceTD Cowen analysts say MicroStrategy stock’s premium over BTC will compress but not disappear as spot Bitcoin funds come online.
JinseFinanceExplore the strategic depth in Bernstein's analysis of Bitcoin mining stocks. Understand the recent underperformance, uncover potential buying opportunities, and discover why Bernstein recommends a bullish stance on Riot Platforms and CleanSpark ahead of Bitcoin's next halving event.
WeiliangETF, Bitcoin ETF will hit these three crypto stocks hard Golden Finance, each company is dealing with its own unique challenges.
JinseFinanceThe stock market showed positivity today, with the Nasdaq Composite gaining 112 points. Dow Jones Industrial Average rose by 0.45% to 37,695.73, NASDAQ increased by 0.75% to 14,969.65, and the S&P 500 marked a 0.57% gain, reaching 4,783.45. Individual stock highlights include Riot Blockchain (RIOT) -1.21%, Coinbase Global (COIN) -0.46%, NVIDIA Corporation (NVDA) +2.28%, MicroStrategy Incorporated (MSTR) -2.01%, and Tesla (TSLA) -0.43%. Factors influencing these stocks range from Bitcoin ETF approvals to regulatory developments and global market competition in the EV sector.
EdmundThese three stocks, MicroStrategy (MSTR), Cipher Mining (CIFR), and WisdomTree (WT), are poised for potential gains with Bitcoin ETF approval. MicroStrategy, led by Michael Saylor, remains a Bitcoin proxy with an aggressive acquisition strategy. Cipher Mining's cyclical dynamics and WisdomTree's ETP focus contribute to their appeal. However, investors should exercise caution due to crypto market volatility and regulatory uncertainties.
SanyaCore Scientific concludes a $55 million equity offering, showcasing a positive step towards financial recovery. Despite facing challenges leading to bankruptcy in 2022, the company strategically plans to relist on NASDAQ post-bankruptcy proceedings. Shareholders and noteholders are expected to benefit from the restructuring, with new shares and competitive returns on convertible notes. The successful fundraising enhances Core Scientific's liquidity, setting the stage for executing growth plans.
SanyaInvestors witness a shift as Bitcoin mining stocks, led by Marathon Digital and Riot Platforms, outperform Bitcoin's growth, marking gains over 800%. Amidst this surge, strategic moves and market predictions underscore the promising trajectory of crypto-related stocks amidst sector challenges.
JoyJinseFinanceSmaller bitcoin whales are still resisting the urge to sell amid bitcoin “whale” sell-offs, data shows.
Cointelegraph