A new report shows bitcoin mining stocks have generated greater returns than the crypto-asset since the start of the bull market. According to a new report from Fundstrat Global Advisors, bitcoin mining stocks have outpaced the gains for BTC. The report, led by vice president of digital asset strategy Leeor […]
More than 12,000 bitcoins, worth about $500 million, have been withdrawn from Coinbase according to data by CryptoQuant and our analysis. This follows a withdrawal of 30,000 bitcoin in the past two days, bringing total reserves on exchanges to a new low of 2.3 million bitcoin. More than 14,000 bitcoin […]
While the Moroccan government has since placed a blanket ban on bitcoin (BTC) and other cryptocurrencies, residents are increasingly buying and trading these digital assets via peer-to-peer channels. Crypto adoption is also on the rise in other African countries including Nigeria, according to a report onMarch 22, 2021. Moroccans in […]
Shares of digital wallet and payments company Mogo Inc. (MOGO) are rising more than 8% Tuesday morning Tuesday morning after reporting narrower loss and rise in revenue for the fourth quarter. Fourth quarter net loss narrowed to C$2.8 million, from net loss of C$6.2 million last year. Revenue for the […]
Shares of medical device company, Soliton, Inc. (SOLY) are up more than 11% Tuesday morning. There are no company-specific news today, that could be attributable to the upward movement of the stock price. SOLY touched a new high of $19.65 this morning, before sliding to trade at $17.84 currently. Source: […]
Bitcoin investors keen to profit from Joe Biden’s presidency have received another bullish update from the oval office: a $3 trillion government spending package. According to two sources in the White House, Mr. Biden is considering a plan from his top advisors to boost infrastructure, clean energy, childcare, and education […]
Bitcoin whales have seemingly kept on accumulating BTC as the price of the flagship cryptocurrency consolidates between the $55,000 to $59,000 range. On-chain fundamentals have been improving over the last few weeks. As first reported by Cointelegraph, data from on-chain analytics firm Santiment shows that BTC whales have been mostly […]
Italian soccer club Juventus has honored their star player Cristiano Ronaldo by presenting him with 770 Juventus Fan Tokens ($JUV) on behalf of the clubs fan token holders around the world. The tokens were presented to him for the record 770 goals he scored in official matches. Ronaldo becomes the […]
History repeats itself once again, as market liquidations force Bitcoin to make a swift downturn. Market observers noted this when the benchmark cryptocurrency lost traction after its upswing above $60,000. Bitcoin shaved over 5% off its value in the same day, dropping to a daily low of $58,213. The Bitcoin […]
Bank of America analyst Francisco Blanch has slammed the flagship cryptocurrency bitcoin using various criteria in a review of the bull argument for BTC. Per Blanch, bitcoin has many flaws including its volatility and practicality. Bitcoin’s supply is capped at 21 million which protects it from quantitative easing and other […]
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