Marathon Digital Holdings, Inc. (MARA - Get Rating) in Las Vegas, Nev., operates as a digital asset technology company that mines cryptocurrencies, emphasizing the blockchain ecosystem and the generation of digital assets. HIVE Blockchain Technologies Ltd. Vancouver, Canada-based (HIVE - Get Rating), in comparison, functions as a cryptocurrency mining company in Canada, Sweden, and Iceland.
Recently, investors have retreated from cryptocurrencies on concerns over the Federal Reserve’s interest rate increases to control soaring inflation, and a weakening economic outlook. Last month, Bitcoin fell below $26,000 for the first time in 16 months, amid a broader sell-off that erased more than $200 billion from the crypto market in a single day.
However, after accounting for all the negative factors that fueled the volatility, the market recently staged a recovery from its low. And on the heels of cryptocurrencies’ rising popularity and acceptability, President Biden’s signing of an...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...