WGMI News

Quick Take The ongoing miner capitulation, driven by a falling Bitcoin price, declining hash rate, and a meager hash price, has significantly impacted publicly traded Bitcoin miners. Despite this challenging environment, public miners have shown...

The New York Stock Exchange is considering switching to a 24-hour trading format, prompted by the continuous trading schedule of cryptocurrencies and changing global investment trends.

Jamie Dimon once again lashed out at Bitcoin in a recent interview despite JP Morgan’s role as one of the authorized participants for BlackRock’s iShares Bitcoin ETF.

Shares of Bitcoin (BTC) mining companies have underperformed their average in recent weeks, but short-term weakness could present a buying opportunity. The investment firm Bernstein pointed out this in a research report on the 15th. Mining stocks...

Quick Take The correlation between Bitcoin and the Bitcoin mining ETF, WGMI, although strong through much of 2022 and 2023, has seen significant divergence since July 2023. Despite Bitcoin carving a year-to-date high north of $37,000, mining stocks...

SNEAK PEEK Thomas Mancini, founder of WGMI, has sold the company to Floor. Floor is looking forward to the future success with WGMI firm. On the leading NFT site, OpenSea, Floor users accounted for 8% of sales. Thomas Mancini tweeted about the...