Tag: RIOT

  • Mining Stocks Exploding After Bitcoin Halving

    Mining Stocks Exploding After Bitcoin Halving

    “Keep an eye on Bitcoin mining stocks, especially with the halving on April 20,” we noted on April 17. “That includes Marathon Digital (MARA), Riot Platforms (RIOT), and Hut 8 Mining (HUT). As we saw in prior BTC halving events – in 2012, 2016 and 2020 – most of the miners pushed aggressively higher before…

  • Bitcoin Miners Have Historically Run with Halving Events

    Bitcoin Miners Have Historically Run with Halving Events

    Keep an eye on Bitcoin mining stocks, especially with the halving on April 20.  That includes Marathon Digital (MARA), Riot Platforms (RIOT), and Hut 8 Mining (HUT). As we saw in prior BTC halving events – in 2012, 2016 and 2020 – most of the miners pushed aggressively higher before and after. This time around,…

  • Here’s Why Bitcoin Miners Could See Higher Highs

    Here’s Why Bitcoin Miners Could See Higher Highs

    Investors may want to keep an eye on oversold Bitcoin mining stocks, we noted on Jan. 30. Especially with Bitcoin bouncing back from excessively oversold conditions. Analysts at JP Morgan are saying that outflows from Grayscale’s covered spot Bitcoin ETF is largely behind us. “This would imply that most of the downward pressure on bitcoin…

  • It May be Time to Go Long Bitcoin Miners Again

    It May be Time to Go Long Bitcoin Miners Again

    Investors may want to keep an eye on oversold Bitcoin mining stocks. Especially with Bitcoin bouncing back from excessively oversold conditions. Analysts at JP Morgan are saying that outflows from Grayscale’s covered spot Bitcoin ETF is largely behind us. “This would imply that most of the downward pressure on bitcoin from that channel should be…

  • Three Top Ways to Trade the Bitcoin Bounce

    Three Top Ways to Trade the Bitcoin Bounce

    Bitcoin is just beginning to recover. Days ago, Elon Musk sent the digital currency screaming lower after saying Tesla would no longer accept Bitcoin for auto purchases, citing “rapidly increasing use of fossil fuels for Bitcoin mining,” as quoted by CNBC. In addition, Musk tweeted, “We are also looking at other cryptocurrencies that use <1%…