Marathon Digital misses Q1 estimates on bad weather, utility failures

As a researcher with experience in the Bitcoin mining industry, I find Marathon Digital’s Q1 2024 results intriguing. The company’s revenues increased by 223% year-on-year, but it missed analyst estimates due to unexpected equipment failures and weather-related curtailments. As a researcher studying the financial performance of Bitcoin (BTC) mining companies, I came across Marathon Digital’s … Read more

Polkadot: Despite a 22% drop in April, can DOT reach $10 in May?

After a rise in April, Polkadot’s network activity started to decline in May. Most market indicators looked bearish on DOT. As a seasoned crypto investor, I’ve seen my fair share of market ups and downs. April was a rollercoaster ride for Polkadot [DOT], with its price taking a significant hit, causing concern among investors. The … Read more

Diving into Bitcoin whale activity: 15K BTC snapped up in 2 days

A cohort of BTC whales have continued to fill their bags. This has happened despite the coin’s recent price action. As a researcher with a background in cryptocurrency and blockchain technology, I’ve closely monitored the Bitcoin market over the past few weeks. The recent trend of large-scale BTC whales accumulating coins despite the asset’s price … Read more