-
More Than 90% Of All Bitcoin Now In Circulation; So What's Next For The Miners
Sunday, April 3, 2022 - 4:09pm | 287Over 90% of all Bitcoin (CRYPTO: BTC) is now in circulation after the 19 millionth Bitcoin was mined on Friday. What Happened: According to reports, there are just over 19 million Bitcoin circulating as of April 1st, 2022, out the total supply of 21 million. A block in the Bitcoin...
-
Kazakhstan Proposes 500% Take Hike For Crypto Miners
Wednesday, February 9, 2022 - 9:28am | 442Bitcoin (CRYPTO: BTC) miners in Kazakhstan could soon face a five-fold increase in taxes. What Happened: According to reports from local publications in the country, Kazakh authorities intend to raise the tax rate imposed on miners from 1 Kazakh tenge to 5 Kazakh tenges per kWh. The current rate of...
-
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...
-
Why This Bitcoin Mining Stock Is Trading Higher Wednesday
Wednesday, October 6, 2021 - 11:52am | 457LM Funding America Inc (NASDAQ: LMFA) shares are trading slightly higher Wednesday after the company further expanded its cryptocurrency mining business. The company announced it purchased an additional 4,000 S19J Pro Antminer Machines for a price of $25.3 million to further expand...
-
Miami's Crypto-Friendly Mayor Suarez Urges Miners To Set Up Operations Near Nuclear Plant
Monday, September 27, 2021 - 5:15pm | 343Miami Mayor Francis Suarez recently told the Wall Street Journal that he has been pitching Bitcoin (CRYPTO: BTC) mining firms to set up their operations near South Florida's Turkey Point nuclear power plant. Turkey Point is not part of Suarez's jurisdiction, but he has...
-
Junior Miners: New Yearly Lows! Will We See A Further Drop?
Wednesday, July 21, 2021 - 6:43pm | 44745It seems that choosing GDXJ to short the PMs was a good decision – juniors closed the day at new 2021 lows. Will our profits only grow from now on? Gold’s yesterday’s intraday attempt to rally was not bullish. On the contrary, it was what usually happens right before a big slide....
-
Canada's Gratomic Enters EV Battery Supply Chain With Forge Nano
Wednesday, March 31, 2021 - 10:53am | 505Gratomic Inc. (OTC: CBULF) has inked a deal with Forge Nano, Inc., a leader in surface engineering and precision nano-coating technology used for lithium-ion batteries. What Happened: A Toronto-based graphite mining company, Gratomic announced Wednesday it had engaged in a...
-
Will Marathon Patent Group Or Riot Blockchain Stock Grow More By 2022? (Update)
Saturday, January 9, 2021 - 12:39pm | 524Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. We surveyed a group of over 500 Benzinga investors on whether shares of Marathon Patent Group Inc (NASDAQ: MARA) or...
-
With Gold And Silver On Fire, 23 Metals & Mining Executives Set To Give Investor Update This Week
Wednesday, July 29, 2020 - 1:14pm | 1357The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The metals market is as hot as it’s been in a long time. Spot gold just made a new all-time high for the first time since 2011, and...
-
Highlights From The OTCQX Resources Conference (Part 2)
Thursday, June 13, 2019 - 11:40am | 1028Fifteen metals and mining companies recently presented their property positions, development schedules, and market opportunities at the OTCQX Resources Virtual Conference. Here’s Part 2 of our recap. For Part 1, click here. Eastmain Resources Inc. (OTCQX: EANRF) Eastmain is a Canadian junior...
-
Highlights From The OTCQX Resources Conference (Part 1)
Wednesday, June 12, 2019 - 12:15pm | 776Though they find themselves in the midst of a long-term bear market, there have been clear winners and losers in the precious metals industry over the last several years. For example, since the start of 2016, gold has outperformed both platinum and silver by 30 percentage points and 15 percentage...
-
Despite Commodity And Resources Rally, Metals Pricing Recovery Is Not Immanent
Thursday, May 26, 2016 - 1:53pm | 433In a sector battling overcapacity, a Wall Street Journal report says miners are not seeing the imminent recovery in commodity prices or resources that rallied through much of this year, and unfortunately, this month's figures headed still lower. A Rally, But No Recovery? "From lows hit as early as...
-
Axiom: Stay Away From Mining Stocks
Monday, May 23, 2016 - 11:04am | 379It may still be too early to be bullish on metals and mining stocks. Axiom analyst Gordon Johnson believes the Federal Reserve’s hawkish commentary last week will trigger another leg down for a number of global metals, mining and mining equipment stocks. According to Johnson, the biggest...
-
Goldman: 2 Upgrades, 2 Downgrades For Gold Miners
Wednesday, May 11, 2016 - 9:59am | 403The worst part of the three-year decline in gold prices may be over. Goldman Sachs analyst Andrew Quail has raised the firm’s price target for gold and issued two stock upgrades and two downgrades among gold miners. Goldman has upped its 2017 gold price forecast from $1,000/oz to $1,150/oz....
-
A Reason Not To Trust The Coal ETF's Rally
Thursday, March 10, 2016 - 2:26pm | 551"Don't fight the tape." It is sound advice. So, with that in mind, the point here is not to tell readers to be quick to short the Market Vectors-Coal ETF (NYSE: KOL), but rather to be informed and make decisions accordingly based upon what is right for an individual's portfolio. Calling KOL...