Tag: Crypto

Why Is BitMine Stock Sliding Today?

BitMine Immersion Technologies Inc (NYSE:BMNR) shares fell on Monday as the company announced its cryptocurrency holdings have reached 4.24 million Ethereum (CRYPTO: ETH) tokens, representing 3.52% of the total ETH supply. $12.8 Billion in Total Holdings BitMine announced on Monday that its crypto plus total cash holdings and “moonshots”...
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Bitcoin Bulls Eye Dollar Weakness As Yen Intervention Rumors Build

Bitcoin traders are once again anchoring to FX, after intervention rumors around USD/JPY revived a familiar tug-of-war: short-term shock risk from a strengthening yen versus the longer-horizon bid that typically follows a softer dollar and easier global liquidity. The spark over the weekend was a viral X thread (2.9...
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BlackRock files S-1 to launch Bitcoin income-focused ETF

BlackRock files for iShares Bitcoin Premium Income ETF to provide Bitcoin exposure with monthly income through a covered call strategy. The post BlackRock files S-1 to launch Bitcoin income-focused ETF appeared first on Crypto Briefing....
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Gold Smashes $5,000, But Here’s Why Bitcoin Below $90,000 Is The Real Steal

Bitcoin‘s (CRYPTO: BTC) underperformance against gold continues to spur debate among crypto commentators. Why Bitcoin Looks Cheap Against Gold Satsuma’s Chief Bitcoin Strategist Mark Moss says Bitcoin looks “cheap” in gold terms, noting BTC tends to revisit its 200-week moving average against gold roughly every four years, historically a...
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Ripple (XRP) and Cardano (ADA) Show Deeper Undervaluation Than Bitcoin (BTC)

Bitcoin (BTC) came under significant pressure over the weekend amidst deteriorating macro sentiment. Following the retrace, several crypto assets are back in undervalued territory. Fresh data suggest that Ripple (XRP) and Cardano (ADA) are among the altcoins that are more undervalued than Bitcoin. XRP Ahead of Bitcoin on Value...
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