Stocks

Bitcoin Soared to an All-Time High. So Why Aren't Miners Blasting Off, Too?

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Bitcoin Soared to an All-Time High. So Why Aren't Miners Blasting Off, Too?

[ad_1] Bitcoin soared after the last halving in May 2020, and miners joined in. At the time, there weren’t many large-scale miners. This time around, though, the market is crowded with many large-scale miners, who will compete for bitcoin rewards that will be cut to 3.125 from 6.25 bitcoin. On top of that, the difficulty … Read more

Crypto-Linked Stocks Rise With Bitcoin as Analyst Says 'Not The Time to Turn Bearish'

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Crypto-Linked Stocks Rise With Bitcoin as Analyst Says 'Not The Time to Turn Bearish'

[ad_1] Crypto-linked stocks rallied Friday after bitcoin (BTC) price rose more than 3% in the last 24 hours, ending the week in the green. Bitcoin mining companies, which generally are more exposed to the price fluctuations, were the biggest gainers, with many of the stocks rising from 5% to 15%, including Cipher Mining (CIFR), Mawson … Read more