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CleanSpark Nears Death Cross As Bitcoin Production Slows: More Pain Ahead?
Thursday, September 5, 2024 - 3:53pm | 563Read More...Cleanspark Inc. (NASDAQ:CLSK), a well-known Bitcoin (CRYPTO: BTC) miner, has had a roller coaster of a year. While the stock is still up 87% over the last year, it's taken a sharp nosedive recently — down 22.1% year-to-date and a staggering 30.48% in just the last month. And things might be about...
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What Happened With Cipher Mining Stock Today?
Monday, July 15, 2024 - 5:17pm | 346Read More...Cipher Mining Inc. (NASDAQ:CIFR) shares traded higher Monday as the price of Bitcoin (CRYPTO: BTC) climbed above $63,000. The Details: Bitcoin began its recent rally over the weekend after Germany completed the liquidation of its Bitcoin holdings which reduced the selling pressure on the...
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What Happened With Bitcoin Miner Hut 8's Stock Today?
Monday, July 15, 2024 - 4:24pm | 621Read More...Hut 8 Corp. (NASDAQ:HUT) shares traded higher Monday as the price of Bitcoin (CRYPTO: BTC) climbed above $63,000. The Details: Bitcoin has rallied nearly 6% over the past 24 hours as investors interpret the increasing odds of a second term for former President Donald Trump as a positive...
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Bitcoin's Record Rally To $73K Overshadows Death Cross Signals In Two Crypto Mining Stocks
Wednesday, March 13, 2024 - 12:51pm | 625Read More...Bitcoin’s surge to a record $73,000 has grabbed headlines, but HIVE Digital Technologies Ltd (NASDAQ:HIVE) and Bit Digital Inc (NASDAQ:BTBT), two crypto mining giants, are facing a troubling sign: the Death Cross. Related: Bitcoin Tops $73,000; Toncoin, THORChain Among Top Gainers HIVE...
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Celsius, Core Scientific To Settle Existing Litigation: What Are The Terms?
Friday, September 15, 2023 - 3:02pm | 474Read More...Crypto mining providers Celsius Mining, the Bitcoin mining subsidiary of Celsius (CRYPTO: CEL), and Core Scientific (OTCMKTS: CORZQ) have reached a settlement deal for a long-standing legal dispute. The agreement between the two companies is to sell Core Scientific’s Ward County,...
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Congress Members Call On Treasury Department, IRS To Ink Rules For Taxing Crypto
Wednesday, June 7, 2023 - 1:24pm | 375Read More...Democratic Congress members Brad Sherman and Stephen Lynch have publicly called for the U.S. Treasury Department and the Internal Revenue Service (IRS) to swiftly present forthcoming rules for cryptocurrency taxation. They argue this would foster complete compliance from the fast-growing industry,...
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Bitcoin Miner GoMining Reacts To Narrowly Avoiding Biden's 30% Tax
Monday, June 5, 2023 - 6:02pm | 919Read More...On May 28, U.S. lawmakers released a draft of a bill allowing the U.S. to increase its debt ceiling. This bill also included a number of add-on taxes, such as the Digital Assets Mining Energy (DAME) excise tax which proposed taxing crypto miners 10% of the cost of the electricity used for...
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5 Stocks To Watch After Thursday's Inflation, Jobless Data: Why Netflix, 2 Gold Miners Are Moving
Thursday, April 13, 2023 - 11:45am | 890Read More...Economic figures released at the start of trading on Thursday showed that producer price inflation (PPI) fell by 0.5% in March, below expectations of a flat number, and weekly jobless claims increased more than expected by 11,000 to 239,000. The two readings suggest that a...
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Crypto Analyst Still Bullish On Bitcoin Miners, Names 4 Top Stock Picks
Tuesday, June 21, 2022 - 2:11pm | 497Read More...Plummeting cryptocurrency prices have made life difficult for Bitcoin (CRYPTO: BTC) miners in 2022, but Canaccord Genuity analyst Joseph Vafi said Monday that he maintains his bullish long-term outlook for crypto miners Argo Blockchain ADR (NASDAQ: ARBK), HIVE Blockchain Technologies Ltd (NASDAQ:...
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Power Outage In China's Xinjiang Region May Have Triggered Bitcoin Selloff
Sunday, April 18, 2021 - 4:38pm | 507Read More...As Bitcoin (CRYPTO: BTC) plunged by about 9% of its value over the last 24 hours, experts suggest that news of a power outage in China may be to blame. What Happened: A blackout in China’s Xinjiang region — where a significant portion of worldwide Bitcoin mining is done...











