EddieJayonCrypto

 19 Jul 24

tl;dr

Grayscale has announced significant changes to its fee structure for the Ethereum ETF, making its ETH mini-trust the cheapest among competitors. The fee has been reduced to 15 basis points with a complete waiver for the first $2 billion in inflows or six months, whichever comes earlier. This move ha...

Grayscale has announced significant changes to its fee structure for the Ethereum ETF, making its ETH mini-trust the cheapest among competitors. The fee has been reduced to 15 basis points with a complete waiver for the first $2 billion in inflows or six months, whichever comes earlier. This move has been praised by industry experts, and the Ethereum price has remained stable around $3,400 as the ETF launch approaches.

Ethereum options worth $0.48 billion are set to expire, and the market sentiment is predominantly bullish. With just four days left until the launch of the spot Ethereum ETF, Grayscale's strategic shift has garnered praise, with Nate Geraci commending the move as an advantageous position in the spot crypto ETF category.

More about Iris Energy Ltd

Iris Energy Ltd

Sector: Technology

Industry: Services - Computer Processing & Data Preparation

Revenue: $2,103,717,000

EPS: $-0.06

PE Ratio: 2.179

ROE: -0.0532

Volume: 165,535,000

Market Cap: $16.93

Dividend Yield: 0%

Beta: 3.798

More about C3 Ai Inc

Stock Market Analysis: C3 Ai Inc (C3)

C3 Ai Inc (C3) operates in the Technology, Services-Prepackaged Software sector with a market value of $3,634,700,000.

The stock exhibited a price change of -2.34, closing at $29.35. The Relative Strength Index (RSI) stands at 2.602, indicating a bearish trend. The stock's volatility is at -0.901.

With a trading volume of 310,582,000, C3 faces a resistance level at $29.35. The stock shows no clear breakout indication and a potential support level at $29.15.

Caution is advised as the stock's performance suggests a bearish trend with a slight incline of 0.196.

More about Core Scientific Inc. Common Stock

Stock: Core Scientific Inc. Common Stock

Description: Core Scientific, Inc. provides blockchain and artificial intelligence (AI) infrastructure services in the United States. The company is headquartered in Austin, Texas.

Sector: Technology

Industry: Services-Computer Processing & Data Preparation

Market Cap: 542,047,000

Dividend Yield: None

Price to Earnings (P/E) Ratio: None

EPS: 1.323

Profit Margin: -0.491

Revenue: 502,400,000

Debt to Equity: 6.75

Return on Equity: 0

Price to Book (P/B) Ratio: 0.171

More about Riot Blockchain Inc
Riot Blockchain Inc Summary

Riot Blockchain Inc Summary

Riot Blockchain, Inc. focuses on the cryptocurrency mining operation in North America. The company is headquartered in Castle Rock, Colorado.

Industry

Life Sciences, In Vitro & In Vivo Diagnostic Substances

Financial Data

Market Cap: 3162196000

Stock Price: 26.07

Dividend Yield: None

P/E Ratio: 0.42

EPS: 1.448

Beta: 0.501

Volume: 286738000

Revenue: 17.91

Net Income: 6.36

EBITDA: 0.083

More about Bitfarms Ltd

Bitfarms Ltd Stock Analysis Summary

Company: Bitfarms Ltd

Sector: Technology

Industry: Services-Computer Programming, Data Processing, etc.

Market Cap: 1,227,009,000

Dividend Yield: None

P/E Ratio: None

EPS: -0.4

ROE: 0.577

ROI: -0.638

Volume: 166,633,000

Current Ratio: 3.94

Quick Ratio: 0

LT Debt/Equity: 0.674

More about Marathon Digital Holdings Inc

Company: Marathon Digital Holdings Inc

Description: Marathon Digital Holdings, Inc. is a cryptocurrency mining digital asset technology company with a focus on the blockchain ecosystem and digital asset generation in the United States. The company is headquartered in Las Vegas, Nevada.

Industry: Real Estate & Construction, Patent Owners & Lessors

Market Cap: 7225208000

Price: 15.97

Dividend Yield: None

P/E Ratio: 1.6

EPS: 2.402

Beta: 0.956

Volume: 501574000

Prev. Close: 23.56

Short Ratio: 0.764

Book Value: 2.231

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 22 Nov 24
 22 Nov 24
 22 Nov 24