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Bitcoin Briefly Slides to Below $60K Level for First Time Since Early March
Seeking AlphaApr 17 12:53 ET
Peter Schiff Challenges Bitcoin's $100K Prediction As Crypto-Linked Stocks Languish In Bear Zone: 'Sell Your Fool's Gold And Buy The Real Thing'
Bitcoin (CRYPTO: BTC), although recovering from Saturday's lows, settled in the red on Monday, as it pulled back below the $63,500 mark. Amid the volatility, economist and crypto skeptic Peter Schiff
BenzingaApr 16 06:05 ET
Hive Digital Technologies Sees Uptick in Bitcoin and HODL Growth in March Moving to 2,287 Bitcoins
Yahoo FinanceApr 8 07:42 ET
Sector Update: Financial Stocks Gain Pre-Bell Friday
Financial stocks were advancing premarket Friday, with the Financial Select Sector SPDR Fund (XLF) gaining 0.1%. The Direxion Daily Financial Bull 3X Shares (FAS) was 0.3% higher, while its bearish co
MT NewswiresApr 5 08:38 ET
Jobs Data Awaited as Exchange-Traded Funds, Equity Futures Rise Pre-Bell Friday
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.3% and the actively traded Invesco QQQ Trust (QQQ) was 0.40% higher in Friday's premarket activity, as traders awaited jobs
MT NewswiresApr 5 08:25 ET
Sector Update: Financial
Financial stocks were advancing premarket Friday, with the Financial Select Sector SPDR Fund (XLF) gaining 0.3%. The Direxion Daily Financial Bull 3X Shares (FAS) was 1.1% higher, while its bearish co
MT NewswiresApr 5 08:08 ET
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GNRForever : Runes was just adopted … your analysis does not have direction … people adopting or not adopting runes will not impact mining stock profitability this quarter, stop spreading doom and gloom scenarios
72812736 GNRForever:
egan1OP GNRForever: I mean just look at the graph and compare it to the stock performance of these companies, they are very correlated. I think a drop is a likely scenario. they don't make money. The underperformance compared to Bitcoin over the last year and the short interest show that investors are getting tired of always being 1 quarter away from gaap profitability. they didn't make money during the bull run of 2021 and they won't make money now especially with block rewards down from then.
GNRForever egan1OP: Why would a drop be a likely scenario when we are 2 weeks away from earnings? Why would you sell now know that since September bitcoin prices have surged? Why would you not wait until earnings and then take profits? Again, you make no practical sense … let’s get this straight … I am holding mining stocks and I am going to sell before earnings release during of the quarter with the greatest price increase of the commodity I am mining? Hmm … it is not even at any local high? Last three months this stock traded at 15-17 range, my prediction is that it will break 20 because of (1) positive earnings and (2) bitcoin will break hit 70k again.
egan1OP GNRForever: because a gold mine doesn't have their production slashed by 1/2 and they don't need to buy new shovels every 2 years. there is no barrier to entry in btc mining and the market is as close to perfect competition you can possibly get in the real world. firms in perfect competition have an avg expected profit of exactly $0.
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