Revenue for Bitcoin miners is under strain as competition intensifies and Bitcoin’s price declines. A recent report from The Miner Mag shows that the network’s computing power has […]
BlackRock Sees Undervalued Gold Miners Despite High Prices
Evy Hambro, BlackRock’s Global Head of Thematic and Sector Investing, has highlighted the undervaluation of gold mining companies despite record gold prices. This sentiment reflects a potential for […]
Gold Mining Stocks Soar Amidst Gold Price Surge
In the US stock market this year, gold mining stocks have outperformed other sectors like AI or Bitcoin-related companies. Driven by soaring gold prices exceeding $4,000 per ounce, […]
Gold Opportunity Amidst Fed’s Dilemma: Examining Top Mining Stocks
Following Chair Powell’s speech at the Jackson Hole Economic Policy Symposium, Fed funds futures indicate an 81% probability for a 25 basis point interest rate cut in September. […]
Crypto Market Sees Rebound Despite Miner Stocks Slump: Fed Uncertainty Fuels Volatility
The cryptocurrency market experienced a surprising rebound today, with its global capitalization surging to $3.56 trillion after a dramatic 24-hour shift. This rally defied early fears despite the […]
Bitcoin’s Stability Can’t Stop Mining Stocks from Losing $12 Billion
Crypto mining stocks have experienced a significant downturn, losing over $12 billion in market value and falling back to levels seen in early 2024. This decline has occurred […]