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Últimas de Aoyon Ashraf
Market Rout Prompts Analyst to Slash Bitcoin Miners’ Price Targets by Average of 65%
BTIG’s analyst remains positive on the longer-term outlook for the miners, however, and is sticking with his buy ratings for the stocks.

Riot Blockchain Sells More Bitcoin, Trims Hashrate Guidance
It’s the miner’s third consecutive month of bitcoin sales.

Kevin O’Leary-Backed Bitcoin Miner to Locate HQ in North Dakota
Bitzero plans to invest about $400 million to $500 million to build 200 megawatts of data centers in the state.

Bitcoin Miner Riot Blockchain Names Its Head of Corporate Operations as New CFO
Current CFO Jeff McGonegal will retire and move into a new role as senior advisor of the miner in mid-August.

Bear Market Could See Some Crypto Miners Turning to M&A for Survival
Companies that have already survived the previous down market and have enough capital and a sound business strategy will be able to survive this cycle.

Bitcoin Miners Are Selling Off Their BTC Holdings to Cope With Market Headwinds
As the price of bitcoin falls, miners are cornered into powering off or selling their holdings.

Kava Onboards Sushi With $14M in Developer Incentive Funding
The integration will allow Sushi users and developers to have seamless access to the entire $300 billion market value of Ethereum and Cosmos from a single network.

Nvidia’s Crypto Mining Chip Revenue Now ‘Nominal’ Following Months of Decline
A drop in crypto mining chip sales dragged down the chipmaker’s OEM business unit year-over-year.

Bitcoin Miner Argo Blockchain Emerged Unscathed From Its UST Stake
The company said it was able to sell its minimal UST stake for around 93 cents per token before the price completely collapsed.

Celsius Network Files Draft S-1 Form to Take Its Mining Unit Public
The filing is expected to become effective after the SEC completes its review process, subject to market and other conditions.
