Bitcoin's Record Rally To $73K Overshadows Death Cross Signals In Two Crypto Mining Stocks
Bitcoin's Record Rally To $73K Overshadows Death Cross Signals In Two Crypto Mining Stocks
Bitcoin's surge to a record $73,000 has grabbed headlines, but HIVE Digital Technologies Ltd (NASDAQ:HIVE) and Bit Digital Inc (NASDAQ:BTBT), two crypto mining giants, are facing a troubling sign: the Death Cross.
比特幣飆升至創紀錄的73,000美元成爲頭條新聞，但兩家加密礦業巨頭HIVE Digital Technologies Ltd（納斯達克股票代碼：HIVE）和比特數字公司（納斯達克股票代碼：BTBT）正面臨着一個令人不安的跡象：死亡十字架。
Related: Bitcoin Tops $73,000; Toncoin, THORChain Among Top Gainers
相關信息：比特幣突破73,000美元；Toncoin、THORChain是漲幅最大的股票
HIVE Digital: Adapting Amid Challenges
HIVE 數字：在挑戰中適應
Despite hurdles such as Intel's ASIC chip discontinuation, HIVE remains innovative, focusing on energy efficiency and AI to pivot its business.
儘管存在英特爾ASIC芯片停產等障礙，但HIVE仍然保持創新，專注於能效和人工智能以調整其業務。
The company's stock has seen fluctuations, with a 15.87% rise in the past year but a 30.68% drop year-to-date.
該公司的股票出現波動，在過去一年中上漲了15.87％，但今年迄今爲止下降了30.68％。
CEO Aydin Kilic announced robust earnings for the third quarter, with revenue hitting $30.1 million, driven by mining 830 Bitcoin. The Gross Operating Margin stood at an impressive 38%, showcasing profitability.
首席執行官艾登·基利奇宣佈了第三季度強勁的收益，收入達到3,010萬美元，這得益於開採830個比特幣。總營業利潤率達到令人印象深刻的38％，顯示了盈利能力。
However, a technical signal suggests caution when considering Hive stock.
但是，技術信號表明，在考慮Hive股票時要謹慎行事。
The 50-day simple moving average (SMA) (orange line) crossed under the 200-day SMA (blue line) triggering a Death Cross.
50天簡單移動平均線（SMA）（橙線）跌破200天均線（藍線），觸發死亡交叉。
On Wall Street, traders often consider the Death Cross as a bearish signal indicating a potential downward trend or significant sell-off in the asset's price. Investors and analysts widely regard it as a warning sign.
在華爾街，交易者通常將死亡十字視爲看跌信號，表明資產價格可能出現下跌趨勢或大幅拋售。投資者和分析師普遍將其視爲警告信號。
Bit Digital: Navigating Volatility
Bit Digital：駕馭波動
Bit Digital faced challenges amidst Bitcoin's surge, with its stock price rising 91.45% in the past year but declining 47.04% year-to-date.
在比特幣的飆升中，Bit Digital面臨挑戰，其股價在過去一年中上漲了91.45％，但今年迄今爲止下跌了47.04％。
In February 2024, the company produced 128.7 BTC, slightly down from the previous month. It actively engaged in digital asset staking and mining, with around 12,784 ETH staked as of Feb. 29, 2024.
2024年2月，該公司生產了128.7比特幣，較上個月略有下降。它積極參與數字資產質押和挖礦，截至2024年2月29日，共質押了約12,784枚以太幣。
Bit Digital stock's moving averages triggered a Death Cross, spelling caution for investors considering Bit Digital stock amid the Bitcoin rally.
Bit Digital股票的移動平均線觸發了死亡十字架，這表明在比特幣上漲期間考慮Bit Digital股票的投資者謹慎行事。
Death Cross Validates Peter Schiff's Concerns
死亡十字證實了彼得·希夫的擔憂
On March 5, economist Peter Schiff highlighted concerns about the underperformance of Bitcoin mining stocks compared to Bitcoin's rally.
3月5日，經濟學家彼得·希夫強調了對比特幣礦業股與比特幣漲勢相比表現不佳的擔憂。
The Death Cross seen in these two crypto mining stocks validates Schiff's concerns.
在這兩隻加密礦業股票中看到的死亡十字架證實了希夫的擔憂。
The divergence raises questions about market corrections and Bitcoin's sustainability. Amidst this, stakeholders in the crypto mining sector must remain adaptive, seeking growth amidst market dynamics.
這種分歧引發了人們對市場調整和比特幣可持續性的質疑。在此之中，加密採礦業的利益相關者必須保持適應能力，在市場動態中尋求增長。
Photo by Morrowind on Shutterstock
照片由 Morrowind 在 Shutterstock 上拍攝
譯文內容由第三人軟體翻譯。