Tag: MARA.Q
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Neptune Digital Assets (NDA.C) bucks the specialization trend
Usually trying to be all things for all people is a bad business strategy. Mostly it stretches your operation too thin. You might be really good at one or two things, and only so-so on others, but if you spread out to include all the operations you can manage, you can usually expect mediocrity across…
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The Crypto Climate Accord and a carbon free future for cryptocurrency
We need to talk about cryptocurrency’s carbon problem. Right now the Bitcoin network alone gobbles up more power than the entire nation of Sweden. That’s a big network. It spits a new block reward of 6.25 bitcoin every ten minutes, each worth approximately $61,568.60 at the time of writing, and Bitcoin is presently down a…
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This Week in Crypto: Typical Bubble edition
It’s getting a little hard to keep track of who does and who doesn’t like Bitcoin. This week, George Soros offered an endorsement whereas three years ago he panned it, calling it a “typical” bubble. The head of Soros Fund Management argued thi sweek that it has even more long term potential. “I’m not sure…
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This week in crypto: The China Side-Eye Edition
The biggest spate of news actually happened last Friday and it’s China again. Now all cryptocurrency related transactions are effectively banned in China. The effects were immediate: Coinbase Global (COIN.Q) and Robinhood took a 3.5% dive, while MicroStrategy (MSTR.Q) lost 6.7%. Marathon Digital Holdings (MARA.Q) lost %8.1. It didn’t stop there, though. The commentary from…
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This Week in Crypto: News You Can Trust Edition
Because we’re all about value let’s start this out with some fake news. Walmart (WMT.NYSE) decidedly did not partner with Litecoin, despite news published earlier this week that did the rounds with multiple sources. Charlie Lee, the brain behind Litecoin and leader of its peoples, said the news was fake. Walmart quickly quashed it on…
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This Week in Crypto: A cryptocurrency and blockchain roundup featuring LNK.C, MARA.Q, CSTR.C, HUT.T, BTCS.OTCQB, CWRK.C, GLXY.T, APP.C, GBLC.C
Most of the news you’re going to find on public companies in the crypto and blockchain space is going to be on mining. Sometimes you’ll see a company on the periphery of decentralized finance, or in the burgeoning sub-sector of cryptocurrency custodianship, but mostly it’s miners. This week isn’t much different. But mining itself also…
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Hive Blockchain Technologies (HIVE.V) and Marathon Digital Holdings (MARA.Q): object lessons in bitcoin mining scaling
Crypto doesn’t really have the same appreciable metrics as other assets in determining value. The closest asset we have for comparison is gold, so much in fact that Bitcoin (and Ethereum) actually possesses a lot of the same characteristics—such as their shared tendency to act as a safe haven asset. But gold is in limited…
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DJIA drops 600 points, Bitcoin (BTC-USD) falls USD $2,000, Fear Index (VIX) surges 61%, as Biden hits a wall of anti-vaxxers
According to the “collective wisdom of the markets,” the DJIA is worth 50% more today than it was in March 2020.