financial news

Shares of Canaan Inc., a Singapore-based company that’s already on the Nasdaq, could rise at least five times, an analyst predicted. The company, which makes ASIC chips used for mining Bitcoin and is expanding its own self-mining operations, has seen its stock struggle recently. Despite this, even in the midst...

Riot Platforms, a leading Bitcoin mining company, has sold 475 Bitcoin in April for $38.8 million, according to their recent production and operations update. The Colorado-based architectural firm creatively sold its pipeline of monthly production to pay for future expansion and operations. Even Riot Platforms has seen a significant and...

Bitcoin’s most recent rally has sent its price over the $90k mark, a fact that’s added to the speculation and thrill coursing through the crypto space. After two years of bearish tightening—crypto’s winter—the rally has investors excitedly anticipating a potential retest of that record $109,000 all-time high set back in...

Riot Platforms has become the new kingpin of the Bitcoin mining industry. Earlier this month, they sold 475 BTC for about $38.8 million, with an average sales price of $81,731 per Bitcoin in April 2023. This change has sparked a firestorm of discussion in the crypto space. They’re wondering whether...

Ethereum isn’t the only thing getting people excited right now. Mutuum Finance (MUTM) has everybody talking as its presale heats up. Ethereum’s price has grown 32% to $1,835 as it heads towards a $4,000 price prediction by 2025. Meanwhile, Mutuum Finance (MUTM) is currently in phase 4 of its 11-phase...

Okay, let's be real. We’ve all been trained to expect Bitcoin to be a bull market every four years, if for no other reason than the halving cycle. When supply gets reduced, price increases – it’s that easy. What if that's wrong? What if we’re holding onto yesterday’s paradigm when...

We all know how erratic the crypto market is at the moment. Bitcoin is in serious combat, fighting the good fight to stay above $95k. Other altcoins, like Dogecoin, were doing quite well in holding above major moving averages. In comparison, like BNB, other cryptos are fighting to hold their...

Today, the crypto world is abuzz and not in a good way. Glassnode's analysis is making the rounds, painting a picture of Bitcoin teetering on a knife's edge at $99.9K. Why? Since that’s where the Bitcoin whales, the Long-Term Holders (LTHs), could potentially call it quits. And when whales spout,...

Or, Bitcoin long-term holders (LTHs) would start offloading their BTCs more aggressively. Given their unrealized profit margins are nearing 350%, this may drive BtC’s price as high as $99,900. In the past, LTHs have shown a propensity to sell when unrealized profit margins hit this type of threshold. This sort...

Cryptocurrency is known for its rollercoaster price movements. Bitcoin typically leads the way in these surges. Bitcoin is again generating a lot of news as it skyrockets past $72,700. It’s almost there, reaching its highest level of March! MetaBlock X is here to decode this comeback, exploring the factors driving...