The Puell Multiple, a tool that measures one-year revenue growth among bitcoin miners, indicates there’s buying interest among investors and, with a reading of 0.5, places bitcoin in a so-called green zone for those looking to build long-term exposure to the coin, CryptoQuant analysts told CoinDesk. The metric entered the green zone in the last leg of the previous bear market, which preceded weeks of price consolidation and a subsequent revival, as reported.
Tide Capital’s Hedge Fund Acquires Strategic Investment from Hong Kong-listed Company Wealthink AI-Innovation Capital Limited
On May 14th, Hong Kong-listed company Wealthink AI-Innovation Capital Limited voluntarily issued a statement on the Hong Kong Stock Exchange,...