Bitcoin mining stocks outperform BTC in 2023, but on-chain data points to a potential stall
Bitcoin mining stocks have been on a triple-digit tear in 2023, but an uptick in BTC sent to exchanges hints at waning momentum.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin mining stocks have been on a triple-digit tear in 2023, but an uptick in BTC sent to exchanges hints at waning momentum.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Reported Riot 500 BTC custody transfer exposes Bitcoin miners’ AI funding pressure
Riot Platforms' reported 500 BTC movement to NYDIG Custody gives the market a live signal for how public miners may use coin treas...
Crypto exchanges are selling stock options and tokenized stocks but users may not own what they think
Bitget launched US stock options this week and says no other major crypto exchange offers them. The product starts with the simple...
Morocco’s World Cup dominance raises questions about untapped crypto-sports potential
Morocco's World Cup success highlights the missed opportunity for crypto integration in sports, signaling untapped potential for f...
Kraken lets traders use tokenized stocks as collateral for leveraged trades
Eligible users can now use select tokenized stocks and ETFs as collateral for futures and margin trading without selling their hol...
US Jobs Data Miss Sends Dollar Lower, Boosting Bitcoin’s Macro Tailwinds
US economy added 57,000 jobs in June versus 110,000 forecast, pressuring the dollar and shifting Fed rate expectations in a move w...
Donald Trump’s Liberation Day tariffs trigger market turmoil across stocks and crypto
The tariffs' impact highlights the interconnectedness of global markets, challenging assumptions about crypto's role as a diversif...