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Category Archives: Cryptocurrency

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Bitcoin mining stocks are far riskier than Bitcoin itself

Key Takeaways Bitcoin mining stocks have underperformed Bitcoin heavily over the last year Greater competition among miners and higher amounts of energy required means margins are thinner Rising electricity costs and lower value of Bitcoin have also hurt miners immensely  Greater number of variables beyond

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CleanSpark acquires two Bitcoin mining facilities for $9.3 million

CleanSpark will complete the $9.3 million all-cash deal for the two turnkey Bitcoin mining facilities this week. The facilities in Dalton, Georgia, will host 6,000 Antminer S19 XPs and S19J Pro+ rigs. CleanSpark CEO Zach Bradford says the deal puts the miner on track to

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Kaspa (KAS) price rising after CoinPal integration

Kaspa (KAS) price has surged 31% in the last 7 days and 4% in the last 24 hours. Kaspa was on June 22 integrated on CoinPal. CoinPal is a leading cryptocurrency payment service provider. While yesterday’s Kaspa integration with CoinPal is not the sole reason

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BTC hits $31k as SEC approves first leveraged Futures Bitcoin ETF

Bitcoin rose to above $31,450 on Friday, its highest level since June 2022. BTC price spiked to the year-high level after the SEC allowed the Volatility Shares 2x Bitcoin Strategy ETF, or BITX. This is the first leveraged Bitcoin Futures ETF in the US and

Here’s why the Bitcoin Cash (BCH) price has just gone parabolic

Bitcoin Cash price has been in a strong bullish trend in the past few days. The coin has surged by over 150% from the lowest level in May. This rally is being supported by the Bitcoin ETF applications. Bitcoin Cash price continued surging on Monday

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Bitcoin’s correlation with Nasdaq 100 falls to 3-year low

Bitcoin’s correlation with the Nasdaq 100 has fallen to just 3% in June, down from the overall 60% in 2022. BTC price has outperformed the stock index year-to-date and over the past year. Bitcoin price jumped to a year high last week after news of

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