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3232Report Highlights Short-Term Bitcoin Holders Facing Heightened Unrealized Losses
https://www.digit.info/report-highlights-short-term-bitcoin-holders-facing-heightened-unrealized-losses/
Sat, 07 Sep 2024 13:30:14 +0000https://www.digit.info/report-highlights-short-term-bitcoin-holders-facing-heightened-unrealized-losses/Read more]]>A recent report from Glassnode, led by researchers Ukuriaoc and Cryptovizart, highlights growing stress among short-term bitcoin (BTC) holders. As market pressure mounts, these investors experience heightened unrealized losses, suggesting they may drive future sell-side activity. Glassnode: Unrealized Losses Climb for Short-Term Bitcoin Investors According to Glassnode’s onchain analysis, short-term bitcoin (BTC) holders are currently […]
]]>Goldman Sachs Analyst Says Consumers Under Severe Pressure as Stagflation Intensifies
https://www.digit.info/goldman-sachs-analyst-says-consumers-under-severe-pressure-as-stagflation-intensifies/
Sun, 12 May 2024 14:20:11 +0000https://www.digit.info/2024/05/12/goldman-sachs-analyst-says-consumers-under-severe-pressure-as-stagflation-intensifies/Read more]]>Goldman Sachs analyst Scott Feiler warns of a bleak outlook for consumers as stagflation looms, with a bearish stance on consumer cyclicals and defensive stocks. Amidst the administration’s troubled Bidenomics, heavily indebted consumers face mounting pressures as pandemic savings dry up and economic growth falters. “Our desk is getting bearish on consumer and our soft […]
]]>Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs
https://www.digit.info/massachusetts-based-bankprov-to-end-loan-offerings-secured-by-cryptocurrency-mining-rigs/
Wed, 01 Feb 2023 01:45:03 +0000https://www.digit.info/2023/02/01/massachusetts-based-bankprov-to-end-loan-offerings-secured-by-cryptocurrency-mining-rigs/Read more]]>The Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident Bancorp, has announced that it will no longer provide loans secured by cryptocurrency mining rigs. In a filing with the U.S. Securities and Exchange Commission (EX-99.1), Bankprov stated that revenue from its digital asset loan portfolio will continue to decrease as the company has discontinued new loan […]
A recent report from Glassnode, led by researchers Ukuriaoc and Cryptovizart, highlights growing stress among short-term bitcoin (BTC) holders. As market pressure mounts, these investors experience heightened unrealized losses, suggesting they may drive future sell-side activity. Glassnode: Unrealized Losses Climb for Short-Term Bitcoin Investors According to Glassnode’s onchain analysis, short-term bitcoin (BTC) holders are currently […]
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Goldman Sachs analyst Scott Feiler warns of a bleak outlook for consumers as stagflation looms, with a bearish stance on consumer cyclicals and defensive stocks. Amidst the administration’s troubled Bidenomics, heavily indebted consumers face mounting pressures as pandemic savings dry up and economic growth falters. “Our desk is getting bearish on consumer and our soft […]
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The Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident Bancorp, has announced that it will no longer provide loans secured by cryptocurrency mining rigs. In a filing with the U.S. Securities and Exchange Commission (EX-99.1), Bankprov stated that revenue from its digital asset loan portfolio will continue to decrease as the company has discontinued new loan […]