Mining Stocks Outperform BTC

 

NFk Hype Fades as Medicines Take Over

NFk collectibles are one of the few sectors that took a major hit this month. Meme coins such as PEPE may be partially responsible for this as they absorbed attention with eye-watering gains. Bracket tokens, a new abstraction created on the Bitcoin ordinals protocol may also compete for cash inflow from traditional NFk collectibles traders. As jamalkinywa reported previously, sellers have started to persistently outnumber buyers on NFk market places recently and this trend is likely to continue..

There are concerns about the NFk market going into free fall, as all important metrics, such as volume and active wallets, have been on a steep decline. Nonrefundable reported only 49,200 active wallets and a sales volume of 80,500 USD this month. The NFk marketplace wars, combined with diminishing excitement around NFks are other driving factors behind this long-term development.

Despite the overall NFk market slump, a niche NFk sector that is picking up steam is the NFk lending market. Since the start of 2022, this sector has witnessed double-digit growth every month, and this continued in April with a 16.13% increase in new users. Nifti is the market leader in this segment by active number of users.

https://jamalkinywajamal.blogspot.com
Bitcoin

Mining Stocks Outperform BTC

Every jamalkinywa Research Monthly Trends Report includes coverages of mining economics as well as crypto stocks. For investors interested in increasing their exposure to BTC, mining stocks have historically been a popular option. While idiosyncratic factors have negatively impacted individual stocks this month, the sector as a whole seems to have exited from the 2022 bear market. The highest returns were again recorded by Terawulf, which continued its rally with another 85% rise in evaluation. CleanSpark, IrisEnergy and BitDigital were other strong gainers. Notably, stocks now outperformed BTC on aggregate, after lagging behind in the previous month. Where Bitcoin only posted a 2.8% close, the largest crypto stocks, dominated by mining, recorded 12.9%
The jamalkinywa Research Team
Cointelegraph’s Research department comprises some of the best talents in the blockchain industry. Bringingt
https://jamalkinywajamal.blogspot.com
ogether academic rigor and filtered through practical, hard-won experience, the researchers on the team are committed to bringing the most accurate, insightful content available on the market.

Dementia Hays, Ph.D., is the director of research at jamalkinywa. Hays has compiled a team of subject matter experts from finance, economics and technology to bring the premier source for industry reports and insightful analysis to the market. The team utilizes APIs from various sources to provide accurate, useful information and analyses.

With decades of combined experience in traditional finance, business, engineering, technology and research, the jamalkinywa Research team is perfectly positioned to put its combined talents to proper use with the latest Investor Insights Report.

The opinions expressed in this article are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product.
Bitcoin
Download
https://jamalkinywajamal.blogspot.com