Ripe for the squeeze? Bitcoin mining stocks remain under attack from short sellers
BTC price has struggled for nearly a month, but Bitcoin miners revenue is up, calling into question the logic of short sellers betting against mining stocks.
BTC price has struggled for nearly a month, but Bitcoin miners revenue is up, calling into question the logic of short sellers betting against mining stocks.
Original source
Read on CointelegraphRelated market context
Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse
The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history t...
Bitcoin Mining Cost Model Points To $47,000 Floor, But Analysts Urge Caution
TL;DR Crypto Rover says Bitcoin has never bottomed below electrical production cost, currently estimated at $47,000. Mining-cost m...
SpaceX’s IPO exposes the first crack in tokenized stocks – fragmented ownership and allocation
SpaceX priced its IPO at $135 per share on June 11, raised $75 billion in the largest public offering in history, and opened on Na...
Ethereum Price Prediction: 3 Million ETH Rushes Into Staking as Sellers Vanish
Is nobody leaving Ethereum? A record 36 million ETH is now locked in staking, roughly 29–30% of the circulating supply, and the va...
Bitcoin Mining Difficulty Set for Steep Drop as Hashrate Slides After Price Crash
Bitcoin’s mining difficulty is on track for the second-largest downward adjustment this year, offering a reprieve to miners after...
SEC Plan to Scrap Rule 611 Could Be the Biggest Regulatory Unlock Yet for Crypto Tokenized US Stocks
The SEC just removed the single biggest legal obstacle standing between Crypto DeFi and US equity markets. On June 11, the agency...