Core Scientific, one of the largest publicly traded crypto mining companies in the U.S., is filing for bankruptcy. The company still generates positive cash flow, and plans to continue mining while repaying debtholders. The stock is down 98% this year as plunging crypto prices and rising energy prices made mining a much harder business. How will Bitcoin miner revenue effect BTC price in 2023?
Guest: Gareth Soloway Chief Market Strategist of InTheMoneyStocks.com
website ➜ https://bit.ly/InTheMoneyStocksite
#Bitcoin #Crypto #binance
~Bitcoin Miners Bankrupt | Crypto Market Technical Anlaysis w/ Gareth Soloway~
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12 Comments
Love it! I think we'll see 6-7% rates.
Go garyyyyy goooo
EW Tesla is affected of a electricity price witch hav quadrupled the last year.
Goaway Solaway
TSLA going from a 420 top to a 69 bottom.
The economy is bifurcated. It’s really the haves vs the have nots. If you have a job and money, you eat bacon one less day a week. If you’re in debt and not much money, good luck. Powell and the Fed want some cushion and maintain high interest rates so they have the ability to tackle future problems. One thing very few are thinking, the 2024 Presidential race begins early next year. The Dems will take a definite beating if the economy continues to sour. Politics will begin to sway economic policy very shortly l
Hahah 40yr old with a man-bun is who I get my advice from
I’m all in now future miljonair here
We need gold and silver coins. Checks and credit cards. Nothing else or I will but and trade real money.
We the people will rebel against the government! The fed isn't federal and the reserve doesn't reserve anything. We have been secretly taxed by lies. Protest people gather and protest now.
Always a treat to see G$ on your channel.
Thanks Paul. ❤
<I have learned in recent months is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. i advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses. The market is very unstable and you can not tell If it's going bearish or bullish. while myself and others are trading without fear of making a loss others are being patient for the price to skyrocket,i would say trading has been going smoothly for me, I started with 2.3 BTC and i have accumulated over 8 BTC in just three weeks, with the trading strategy given to me by expert trader Glenn Adams.