Hindenburg Research LLC is a short seller known for exposing fraud. Currently, it is in the news for its scathing report on India’s Adani Group, accusing it of stock manipulation and accounting fraud. The Nathan Anderson-founded company sniffs out accounting regularities, iffy management, undisclosed related-party transactions, and other such irregularities, according to its website. Hindenburg’s latest report on companies headed by Asia’s richest man, Gautam Adani, led to a bloodbath in their s

After a tumultuous 2022, impacted by multiple negative developments culminating in the FTX debacle that sent the crypto space into further meltdown, 2023 has started with a bang for the industry. As ever, leading the charge, bitcoin has put in an excellent rally, up by 38% since the turn of the year. And as is customary, other tokens have mimicked BTC’s behavior and have surged ahead too. Of course, the rally has also bled over to the stock market, with crypto-focused stocks benefiting from the

Shares of the Chinese Bitcoin miner Riot Platforms (NASDAQ: RIOT) traded more than 10% higher earlier today. Shares of Hut 8 Mining Corp (NASDAQ: HUT) traded as much as 19% higher today but now only trade about 8% higher, while shares of HIVE Blockchain Technologies (NASDAQ: HIVE) were up about 14% but now are only up about 4.5%. Riot, Hut 8, and HIVE Blockchain are all Bitcoin miners, meaning their business model involves trying to mine as many Bitcoin as possible in the most efficient manner...

Bitcoin has risen more than 15% thus far this year, and is holding above $19,000 for the first time in a month.

Riot closed the day almost 15% higher, while Silvergate cruised to a nearly 13% increase. Riot and Silvergate are rather different animals. Silvergate is in many ways a traditional bank but is often lumped in with other crypto assets since its Silvergate Exchange Network (SEN) is a real-time payments platform that services users from cryptocurrency exchanges and institutions.

In a bull market, the rally in stocks is broad-based. Even fundamentally weaker stocks trend higher in sync with market sentiments. However, when there are multiple macroeconomic headwinds, it’s unlikely that the bull market will be back in 2023. Having said that, I believe that it’s a year of careful stock selection. Undervalued blue-chip and growth stocks are likely to surge even if the market is sideways. The focus of this column is on growth stocks that can double in 2023. Last year was wort

As of 2:45 p.m. ET, RIOT stock has rocketed 15.4%, among the leaders in the tech-heavy Nasdaq. The price of Bitcoin (CRYPTO: BTC) has continued to move higher, appreciating 2.3% over the past 24 hours. For Bitcoin miners such as Riot, this is a key fundamental metric, which is typically the directional driver for price movements on a given day.

Riot Platforms, Inc. ( NASDAQ:RIOT ) is possibly approaching a major achievement in its business, so we would like to...

Shares of Riot Blockchain (NASDAQ: RIOT) popped as much as 26.3% this week, according to data from S&P Global Market Intelligence. On Jan. 4, Riot Blockchain gave an update on its operations for the month of December. The Bitcoin miner produced 659 coins for the month, up 55% year over year, and sold 600 Bitcoin for a total price of $10.2 million.

Riot Achieves Numerous Key Milestones and Produces All-Time High of 659 Bitcoin in December 2022 Riot's Rockdale Facility The Company is pleased to announce that Building D has reached completion, with the final installation of indoor water cooling frames and completion of electrical testing, and miners deployed. Progress continues in Building E, where Riot’s construction and engineer teams remain focused on the installation of the air-cooling rack system, electrical installation and testing. Ri