On Mar 11, the largest crypto-currency Bitcoin (BTC) achieved a milestone trading above 72,000 for the first time. Bitcoin recorded its all-time high at 72,841.37. The cryptocurrency market started 2024 on a positive note after an impressive rally last year.The much-hyped reformation in the cryptocurrency space took place on Jan 10. The U.S. Securities and Exchange Commission (SEC) approved rule changes to allow the creation of spot Bitcoin exchange-traded funds (ETFs). As many as 11 spot Bitcoin ETFs were ...

CleanSpark Inc (NASDAQ: CLSK) has close to tripled already since its year-to-date low in January but technicals suggest the stock could push further up from here.Technical indicators that suggest buying $CLSKCopy link to sectionShares of the Bitcoin miner may extend gains as its Stochastic Oscillator pulled out of the oversold zone on Monday. Such a move is broadly seen as a bullish signal. $CLSK also had its 10-day moving average recently cross above its 50-day moving average which also suggests upward mom ...

There’s no stopping the Bitcoin (BTC) rally as the world’s most popular cryptocurrency topped the $70,000 mark for the first time on Mar 8 to hit an all-time high. Although it remained above $70,000 briefly before hovering around $69,350, Bitcoin has maintained its all-time high and is poised to rally further.The recent rally is being driven by a surge in demand for spot bitcoin exchange-traded funds (ETFs) and optimism surrounding the likely drop in interest rates globally in the near term.The approval of ...

CleanSpark (CLSK) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, CLSK broke through the 20-day moving average, which suggests a short-term bullish trend.The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages.Similar to ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about CleanSpark (CLSK) .CleanSpark currently has an average brokerage ...

Leading cryptocurrency mining specialists saw skyrocketing stock returns in February 2024. According to data from S&P Global Market Intelligence, Riot Platforms (RIOT -1.24%) posted a 29.5% gain while Marathon Digital Holdings (MARA -3.62%) rose by 46.1%. CleanSpark (CLSK 7.51%) led the charge with a 107.7% jump.All three rode the coattails of Bitcoin (BTC 1.34%), the largest and oldest cryptocurrency on the market and the actual digital asset Marathon, CleanSpark, and Riot are generating in their daily ope ...

When we talk about stocks that have been overlooked, it usually means that they haven’t been receiving a lot of buzz. It could also mean these stocks have underperformed their peers or the benchmark S&P 500, and likely have some catching up to do. When it comes to investing, it often pays to look at companies that others are overlooking. The three stocks we’ve chosen for this article span a wide range of industries. We believe that despite how they have performed so far this year, there is a lot more upside ...

Why would you settle for the average return the stock market offers by investing in diversified indexes such as the S&P 500 or even the Nasdaq? Well, some people just don’t have the time to go hunting for the best growth opportunities out in the market. Instead, they buy an index to get exposure to whatever the market is going to do.However, all the hunting and homework for the best stocks to double your money has been done for you. Analysts are confident the following list of companies has significant upsi ...

U.S. stocks rallied in February, with the S&P 500 and the Nasdaq Composite Index recording the best month in nearly a decade. Meanwhile, the Dow Jones Industrial Average logged a four-month winning streak for the first time since May 2021. For the month, the Nasdaq gained 6.1%, while the S&P 500 added 5.2%. The Dow Jones was up 2.1%.The rally was broad-based, with consumer discretionary being the top-performing sector of February. The surge was driven by the wide-ranging appeal of stocks geared toward consu ...

Hashrate grows 60% in a single month to exceed 16 EH/s with over 131,000 operational miners Monthly bitcoin production increased 12%; Treasury increased to 4,218 bitcoin LAS VEGAS, March 1, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending February 29, 2024. "What a month this has been for us. Our teams have been hard at work and that work is paying off," said Zach Bradford, CEO. "Even though ...