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Crypto Clash In Texas: Will Senate Bill Crush The State's Bitcoin Gold Rush?
Wednesday, April 5, 2023 - 1:39pm | 533A new bill in Texas is expected to make the state less appealing for Bitcoin (CRYPTO: BTC) miners. Republican Senators Lois Kolkhorst, Donna Campbell, and Robert Nichols propose eliminating tax breaks and requiring miners using over 10 megawatts (MWs) to register as flexible load operators...
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This State Just Passed A Bill Protecting Crypto Miners From Discriminatory Utility Rates
Friday, February 24, 2023 - 11:04am | 329The Montana State Senate has approved a bill to protect cryptocurrency miners from a range of possible actions against the industry, including discriminatory utility rates and zoning restrictions. The proposed legislation passed 37-13 in the Senate and now awaits approval in the state's House....
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Why This Argo Blockchain Analyst Is No Longer Bullish
Tuesday, November 1, 2022 - 12:57pm | 488The lower price of Bitcoin (CRYPTO: BTC) and increased mining costs have weighed on mining stocks including Argo Blockchain PLC - ADR (NYSE: ARBK). Here's why an analyst downgraded shares until more clarity is reached. The Argo Blockchain Analyst: Canaccord Genuity analyst Joseph...
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Coinbase Says Bitcoin Miners Selling $19M Coins Daily Doesn't Matter
Tuesday, July 5, 2022 - 3:30am | 487A report from Coinbase Global Inc (NASDAQ: COIN) finds that even if all the newly issued Bitcoin (CRYPTO: BTC) was sold into the market every day, it would only equate to a minimal amount of selling pressure. What Happened: In a report published last week, research analysts at Coinbase...
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Bitcoin Expert Explains How And Why Governments Could Censor Apex Crypto
Sunday, June 26, 2022 - 3:59am | 1411Giacomo Zucco, a famous Bitcoin (CRYPTO: BTC) maximalist intimately familiar with the blockchain's network infrastructure, offered his insights into the world's first cryptocurrency and how governments around the world could stop or limit its operation. What Happened:...
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Crypto Analyst Still Bullish On Bitcoin Miners, Names 4 Top Stock Picks
Tuesday, June 21, 2022 - 2:11pm | 497Plummeting 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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Bitcoin Miners Sold $6.3B Tokens In May To Cover Costs
Monday, June 6, 2022 - 6:21am | 410Bitcoin (CRYPTO: BTC) miners have been sending large amounts of mined tokens to exchanges as their profit margins decline. What Happened: The crypto bear market has forced a number of miners into selling their coins, according to a report from Bloomberg on Sunday. CoinMetrics data...
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Goldman Sachs Could Offer Hedge Funds And Bitcoin Miners A New Way To Boost Yields
Thursday, March 10, 2022 - 3:58am | 303Wall Street banking giant Goldman Sachs Group Inc (NYSE: GS) reportedly plans on expanding its cryptocurrency product offerings to include over-the-counter (OTC) bilateral crypto options. What Happened: Sources familiar with the matter revealed that the bank is in the early stages of discussions to...
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This Bitcoin And Ethereum Miner Is Seeing A Strong Green Day: Here's Why
Friday, February 4, 2022 - 5:30pm | 432Marathon Digital Holdings Inc (NASDAQ: MARA) shares are trading higher Friday as the Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) mining stock is trading in sympathy with those cryptocurrencies. The cryptocurrency market is seeing a green day as many cryptos are starting to...
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Bitcoin Miner Griid Infrastructure Lands SPAC Deal: What Investors Should Know
Tuesday, November 30, 2021 - 12:48pm | 335A profitable Bitcoin (CRYPTO: BTC) mining company is going public with a SPAC deal announced Tuesday morning. The SPAC Deal: Griid Infrastructure announced a merger with Adit Edtech Acquisition Corp (NYSE: ADEX). The deal values Griid at an enterprise value of $3.3 billion. Public ADEX shareholders...
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Cryptocurrency Mining Company Bitdeer Gets $4B SPAC Deal: What Investors Should Know
Thursday, November 18, 2021 - 6:10pm | 496A leading technology company helping the cryptocurrency mining community is going public with a SPAC deal announced Thursday. The SPAC Deal: Bitdeer, which operates five proprietary mining datacenters in the United States and Norway, announced a merger with Blue Safari Group Acquisition Corp (...
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5 Short Squeeze Candidates To Watch: Huadi Tops List, Altimeter Group And Bit Digital Rejoin Leaderboard
Monday, November 15, 2021 - 10:28am | 612Potential short squeeze plays have gained steam in 2021 with new retail traders looking for the next GameStop Corp (NYSE: GME) or AMC Entertainment Holdings Inc (NYSE: AMC). A short squeeze can occur when a heavily shorted stock rises in value instead of falling. Short sellers could be looking to...
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There Isn't A Bitcoin ETF Yet, But This New Crypto Mining ETF Offers An Alternative
Thursday, July 22, 2021 - 5:10pm | 593Investors are still waiting on a Bitcoin (CYRPTO: BTC) ETF, but may have an alternative with a new actively managed clean energy crypto mining ETF launched this week. About The ETF: The Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF (NYSE: RIGZ) is a new launch that gives investors...
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Marathon Digital To Begin Signaling For Bitcoin Taproot Activation: Here's What That Means
Tuesday, June 1, 2021 - 1:22am | 538Marathon Digital Holdings, Inc (NASDAQ: MARA) a large Bitcoin (BTC) miner which operates the Mara Pool, will implement the latest Bitcoin Core 0.21.1 software on its mining hardware, signaling support for Taproot soft fork. What Happened: The Nevada-headquartered company said in a statement...
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This Cryptocurrency Company Could Help Mine Dogecoin
Monday, April 19, 2021 - 4:11pm | 429Dogecoin is one of the hottest cryptocurrencies of 2021 with retail traders pouring into the meme crypto. A publicly traded company could be capitalizing on the growth of Dogecoin with plans to create a mining business for the cryptocurrency. What Happened: Ebang International Holdings (NASDAQ:...