Sunday, August 24, 2025
Coin Insights
No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

    $3.62B Already Sold in 2025

    $3.62B Already Sold in 2025

    Who Needs 280 Bitcoin Domain Names? Massive BTC Bundle Goes Up for Auction

    Who Needs 280 Bitcoin Domain Names? Massive BTC Bundle Goes Up for Auction

    Texas judge backs Logan Paul’s bid to escape CryptoZoo lawsuit

    Texas judge backs Logan Paul’s bid to escape CryptoZoo lawsuit

    NFT market cap drops by $1.2B as Ether rally loses steam

    NFT market cap drops by $1.2B as Ether rally loses steam

    From Apes to Punks, NFTs roar back with triple the buyers

    From Apes to Punks, NFTs roar back with triple the buyers

    What’s Behind the Price Surge

    What’s Behind the Price Surge

  • Gaming
    Crypto Gaming Handheld Shipments Delayed Over ‘Excessive’ Import Duties

    Crypto Gaming Handheld Shipments Delayed Over ‘Excessive’ Import Duties

    Why AI NFT Companion Coins Could Be the Key to NFT Market Revival

    Why AI NFT Companion Coins Could Be the Key to NFT Market Revival

    Google Unveils Pixel 10 Lineup With AI Features, New Watch and Earbuds

    Google Unveils Pixel 10 Lineup With AI Features, New Watch and Earbuds

    Immutable & Koin Games Unveil Fast-Paced, Collector-Driven Project O

    Immutable & Koin Games Unveil Fast-Paced, Collector-Driven Project O

    Wilder World Launches FPS at Gamescom with Samsung Partnership and $100K Prize Pool

    Wilder World Launches FPS at Gamescom with Samsung Partnership and $100K Prize Pool

    ‘Wilder World’ Launches First-Person Shooter Game With $100K Tournament

    ‘Wilder World’ Launches First-Person Shooter Game With $100K Tournament

    ‘Pirate Nation’ Ethereum RPG Shutting Down as Crypto Gaming Graveyard Grows

    ‘Pirate Nation’ Ethereum RPG Shutting Down as Crypto Gaming Graveyard Grows

    What the Borussia Dortmund Team-Up Means for ‘FIFA Rivals’ Players

    What the Borussia Dortmund Team-Up Means for ‘FIFA Rivals’ Players

    KuCoin Spotlight Launches AKEDO Token Sale to Drive AI Gaming Innovation

    KuCoin Spotlight Launches AKEDO Token Sale to Drive AI Gaming Innovation

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What is Cloud Mining? A Beginner’s Guide

    What Is Cloud Mining in Crypto? Everything You Need to Know to Start

    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What Is Crypto Arbitrage and How to Use It in Trading?

    What Is Crypto Arbitrage and How to Use It in Trading?

    What’s the Difference & Which Is Better to Trade?

    What’s the Difference & Which Is Better to Trade?

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

    $3.62B Already Sold in 2025

    $3.62B Already Sold in 2025

    Who Needs 280 Bitcoin Domain Names? Massive BTC Bundle Goes Up for Auction

    Who Needs 280 Bitcoin Domain Names? Massive BTC Bundle Goes Up for Auction

    Texas judge backs Logan Paul’s bid to escape CryptoZoo lawsuit

    Texas judge backs Logan Paul’s bid to escape CryptoZoo lawsuit

    NFT market cap drops by $1.2B as Ether rally loses steam

    NFT market cap drops by $1.2B as Ether rally loses steam

    From Apes to Punks, NFTs roar back with triple the buyers

    From Apes to Punks, NFTs roar back with triple the buyers

    What’s Behind the Price Surge

    What’s Behind the Price Surge

  • Gaming
    Crypto Gaming Handheld Shipments Delayed Over ‘Excessive’ Import Duties

    Crypto Gaming Handheld Shipments Delayed Over ‘Excessive’ Import Duties

    Why AI NFT Companion Coins Could Be the Key to NFT Market Revival

    Why AI NFT Companion Coins Could Be the Key to NFT Market Revival

    Google Unveils Pixel 10 Lineup With AI Features, New Watch and Earbuds

    Google Unveils Pixel 10 Lineup With AI Features, New Watch and Earbuds

    Immutable & Koin Games Unveil Fast-Paced, Collector-Driven Project O

    Immutable & Koin Games Unveil Fast-Paced, Collector-Driven Project O

    Wilder World Launches FPS at Gamescom with Samsung Partnership and $100K Prize Pool

    Wilder World Launches FPS at Gamescom with Samsung Partnership and $100K Prize Pool

    ‘Wilder World’ Launches First-Person Shooter Game With $100K Tournament

    ‘Wilder World’ Launches First-Person Shooter Game With $100K Tournament

    ‘Pirate Nation’ Ethereum RPG Shutting Down as Crypto Gaming Graveyard Grows

    ‘Pirate Nation’ Ethereum RPG Shutting Down as Crypto Gaming Graveyard Grows

    What the Borussia Dortmund Team-Up Means for ‘FIFA Rivals’ Players

    What the Borussia Dortmund Team-Up Means for ‘FIFA Rivals’ Players

    KuCoin Spotlight Launches AKEDO Token Sale to Drive AI Gaming Innovation

    KuCoin Spotlight Launches AKEDO Token Sale to Drive AI Gaming Innovation

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What is Cloud Mining? A Beginner’s Guide

    What Is Cloud Mining in Crypto? Everything You Need to Know to Start

    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What Is Crypto Arbitrage and How to Use It in Trading?

    What Is Crypto Arbitrage and How to Use It in Trading?

    What’s the Difference & Which Is Better to Trade?

    What’s the Difference & Which Is Better to Trade?

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
No Result
View All Result
Coin Insights
No Result
View All Result
Home Mining

Wall Street Crypto Miner’s Stocks Collapse as BTC Price Slips Below $90K

February 26, 2025
in Mining
27
Wall Street Crypto Miner’s Stocks Collapse as BTC Price Slips Below $90K
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

Shares of major publicly listed Bitcoin (BTC) mining companies tumbled this week as the oldest cryptocurrency continued its retreat below the critical $90,000 threshold. Widening net losses and increasing competition led the worst-performing stock to lose nearly 30% in a single day.

READ ALSO

Bitcoin miner Foundry hits 0.07% jackpot mining eight consecutive BTC blocks

Theminermag Bitcoin Mining Update – July/August 2025

Industry leaders were also unable to resist the negative trend, as the index tracking the condition of BTC mining stocks dropped to its lowest levels since September 2024.

Cipher Mining Inc. (NASDAQ: CIFR) shares declined despite reporting fourth-quarter net earnings of $18 million, or $0.05 per diluted share. The company’s adjusted earnings reached $51 million ($0.14 per diluted share), but investors appeared more focused on longer-term concerns about profitability as Bitcoin’s price fluctuations continue to impact mining economics.

Tyler Page, CEO of of Ciper Mining

“We had an extremely productive fourth quarter at Cipher, as we continued the on-time execution of our growth and expansion plans,” said Tyler Page, CEO of Cipher Mining, highlighting the company’s increased hashrate to approximately 13.5 EH/s following upgrades to its Odessa fleet.

However, the net result interests shareholders the most, which turned out to be worse than last year. The loss deepened to nearly $45 million, up from just under $26 million reported a year earlier.

Meanwhile, Bitdeer Technologies Group (NASDAQ: BTDR) faced steeper declines after reporting more disappointing numbers. The Singapore-based blockchain and high-performance computing company posted a substantial net loss of $599.2 million for 2024, compared to $56,7 million. Total revenue dropped to $349.8 million from $368.5 million year-over-year.

See also  Bitcoin Price Faces Uphill Task But Indicators Signal More Upsides

Matt Kong, Chief Business Officer at Bitdeer

“Last year, we strategically prioritized resources to the development of our proprietary ASIC technology, which temporarily limited our hashrate growth and impacted our financial performance,” Matt Kong, Chief Business Officer at Bitdeer, commented.

Wall Street Reacts with Declines to Miners’ Earnings and Bitcoin Price

In stark investors reaction, Bitdeer shares dropped 29% on Nasdaq during Tuesday’s session, closing at $9.26 and testing their lowest levels in three months. Cipher Mining fell more than 17% in response to its latest report, declining to $4.10 and reaching a four-month low.

BITDR vs. CIFR vs. BTC price. Source: Tradingview.com

BITDR vs. CIFR vs. BTC price. Source: Tradingview.com

The decline extended across the entire sector, not just companies releasing new financial results. A notable example is MARA (NASDAQ: MARA), the largest publicly traded miner on Wall Street by market cap, whose shares fell 11% to $12.42, their lowest since November 2023.

Among the steepest decliners were Canaan (NASDAQ: CAN), which dropped 17% to $1.29, and IREN (NASDAQ: IREN), down 13.6% to $8.78.

The negative sentiment was fueled in part by Bitcoin’s sharp two-day decline. On Tuesday, its price closed well below $90,000, briefly testing levels closer to $86,000—the lowest since November.

The Bitcoin Mining Stock Index, provided by Hashrate, also saw a steep drop, sliding to levels not seen in five months.

Source: Hashrate Index

A notable example is Riot Platforms (NASDAQ: RIOT), which also released its financial results this week. The company reported record revenue of nearly $377 million and a net income of $109 million. Despite these strong numbers, shareholders focused more on Bitcoin’s performance, leading the stock to drop to multi-month lows.

See also  Ethereum's whales make their play - Is a price reversal next?

This highlights that, for many investors, mining stocks remain an indirect way to gain exposure to Bitcoin on regulated exchanges, with their prices closely tracking Bitcoin’s movements.

Tags: 90KBTCCollapseCryptoMinersPriceSlipsStocksStreetWall

Related Posts

Bitcoin miner Foundry hits 0.07% jackpot mining eight consecutive BTC blocks
Mining

Bitcoin miner Foundry hits 0.07% jackpot mining eight consecutive BTC blocks

August 22, 2025
Theminermag Bitcoin Mining Update – July/August 2025
Mining

Theminermag Bitcoin Mining Update – July/August 2025

August 21, 2025
Nasdaq-listed Bitdeer unveiled plans to expand its U.S. crypto mining rig manufacturing operations
Mining

Nasdaq-listed Bitdeer unveiled plans to expand its U.S. crypto mining rig manufacturing operations

August 21, 2025
APAC Bitcoin Mining Goes Green Despite China Underground Activity
Mining

APAC Bitcoin Mining Goes Green Despite China Underground Activity

August 21, 2025
‘US tariffs on mining rigs are rising sharply’ as CleanSpark, IREN report massive liabilities
Mining

‘US tariffs on mining rigs are rising sharply’ as CleanSpark, IREN report massive liabilities

August 20, 2025
Riot Platforms’ Crucial $15.1M Bitfarms Shares Sale: A Strategic Shift
Mining

Riot Platforms’ Crucial $15.1M Bitfarms Shares Sale: A Strategic Shift

August 20, 2025
Next Post
5G Base Station Market – Current Impact to Make Big Changes by 2032

5G Base Station Market - Current Impact to Make Big Changes by 2032

Comments 27

  1. kyn34 says:
    3 months ago

    get clomiphene prices clomiphene tablet price how can i get clomiphene price clomid without dr prescription can i get clomiphene for sale clomid rx clomiphene for sale in mexico

    Reply
  2. can cialis pills cut half says:
    3 months ago

    More articles like this would make the blogosphere richer.

    Reply
  3. c diff treatment flagyl dosage says:
    2 months ago

    I am in point of fact enchant‚e ‘ to coup d’oeil at this blog posts which consists of tons of of use facts, thanks representing providing such data.

    Reply
  4. 3x0yo says:
    2 months ago

    zithromax for sale – buy ciprofloxacin sale metronidazole 400mg sale

    Reply
  5. of6rp says:
    2 months ago

    oral rybelsus 14 mg – order cyproheptadine pill cyproheptadine order online

    Reply
  6. vc78y says:
    2 months ago

    how to buy domperidone – buy tetracycline 250mg generic flexeril usa

    Reply
  7. 9gggi says:
    2 months ago

    buy clavulanate online – atbioinfo ampicillin sale

    Reply
  8. syues says:
    2 months ago

    order esomeprazole online – https://anexamate.com/ cost nexium

    Reply
  9. ocr3t says:
    2 months ago

    medex buy online – cou mamide cozaar 25mg pills

    Reply
  10. 8ilsw says:
    2 months ago

    buy mobic 7.5mg without prescription – moboxsin.com meloxicam drug

    Reply
  11. vjakk says:
    2 months ago

    deltasone 10mg usa – https://apreplson.com/ order prednisone for sale

    Reply
  12. v950b says:
    2 months ago

    free ed pills – fast ed to take pills for ed

    Reply
  13. e4hy0 says:
    2 months ago

    amoxicillin order online – combamoxi.com purchase amoxicillin online

    Reply
  14. 90mrm says:
    2 months ago

    fluconazole oral – https://gpdifluca.com/# diflucan 200mg cost

    Reply
  15. ivr8l says:
    1 month ago

    buy cenforce medication – cenforcers.com order cenforce online cheap

    Reply
  16. uw4no says:
    1 month ago

    best price for tadalafil – where to get generic cialis without prescription cialis prescription assistance program

    Reply
  17. Connielet says:
    1 month ago

    ranitidine 300mg generic – https://aranitidine.com/ order ranitidine 300mg pills

    Reply
  18. k1usq says:
    1 month ago

    order viagra usa – strong vpls buy viagra cialis levitra

    Reply
  19. Connielet says:
    1 month ago

    The thoroughness in this section is noteworthy. https://gnolvade.com/

    Reply
  20. r6h28 says:
    1 month ago

    This is the stripe of glad I take advantage of reading. cost gabapentin 800mg

    Reply
  21. Connielet says:
    1 month ago

    I couldn’t hold back commenting. Well written! https://ursxdol.com/amoxicillin-antibiotic/

    Reply
  22. y4t23 says:
    1 month ago

    This website positively has all of the bumf and facts I needed there this case and didn’t know who to ask. https://prohnrg.com/product/orlistat-pills-di/

    Reply
  23. y5vxm says:
    1 month ago

    Thanks for putting this up. It’s evidently done. https://aranitidine.com/fr/ivermectine-en-france/

    Reply
  24. Connielet says:
    3 weeks ago

    Thanks on sharing. It’s acme quality. https://ondactone.com/simvastatin/

    Reply
  25. Connielet says:
    2 weeks ago

    The sagacity in this ruined is exceptional.
    plavix price

    Reply
  26. Connielet says:
    1 week ago

    With thanks. Loads of expertise! https://experthax.com/forum/member.php?action=profile&uid=124578

    Reply
  27. Connielet says:
    2 days ago

    buy generic forxiga online – https://janozin.com/ order forxiga 10mg sale

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

October 28, 2023
Tezos 2023 Outlook: An Overview of Tezos (XTZ)

Tezos 2023 Outlook: An Overview of Tezos (XTZ)

November 2, 2023
UK risks regulating NFTs the wrong way, says Mintable CEO

UK risks regulating NFTs the wrong way, says Mintable CEO

October 30, 2023
Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

August 3, 2024
How to Earn Keys to Boost Your HMSTR Airdrop

How to Earn Keys to Boost Your HMSTR Airdrop

September 10, 2024

Don't miss a single story

Subscribe to our free Newsletter

EDITOR'S PICK

Former Monero Developer Launches New Crypto Mining App

Former Monero Developer Launches New Crypto Mining App

September 22, 2024
Bitcoin miners under selling pressure: How will this affect BTC?

Bitcoin miners under selling pressure: How will this affect BTC?

May 11, 2024
Crypto Degens Search for Next ‘Ponzi Game’ After ‘Bigcoin’ Price Craters

Crypto Degens Search for Next ‘Ponzi Game’ After ‘Bigcoin’ Price Craters

April 17, 2025
Agnostic Nature of Blockchain Technology ‘Makes It the Ideal Foundation for Global Travel Industry’ — Pablo Castillo

Agnostic Nature of Blockchain Technology ‘Makes It the Ideal Foundation for Global Travel Industry’ — Pablo Castillo

October 18, 2023

About

Dive into the world of cryptocurrency. Our news site offers insights, trends, and updates to guide your journey into the realm of digital finance.

Follow us

Categories

  • AI
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • DeFi
  • Ethereum
  • Gaming
  • Guides
  • Metaverse
  • Mining
  • NFT
  • Other
  • Web 3

Recent Posts

  • NFT sales drop 25% to $134m, CryptoPunks plunge 59%
  • What Is Impermanent Loss? How It Works, and How to Avoid It
  • What Is an Algorithmic Stablecoin? How It Works and Why It Matters

Newsletter

Don't miss a single story

Subscribe to our free Newsletter

  • Contact
  • Disclosure
  • Privacy Policy
  • Terms & conditions

© 2023 Coininsights.com - All rights reserved.

No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
  • Metaverse
  • NFT
  • Gaming
  • Blockchain
  • AI
  • Guides
  • Analysis
  • Coin Marketcaps

© 2023 Coininsights.com - All rights reserved.