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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (180042)11/6/2021 10:03:46 AM
From: Julius Wong  Read Replies (1) | Respond to of 218074
 
Crypto stocks outshine the financial sector even as Bitcoin stalls

Nov. 06, 2021 8:45 AM ET Marathon Digital Holdings, Inc. (MARA), HIVE, ALL, AON SI, TRUP, CACC, WBK, RGA, BCS By: Max Gottlich, SA News Editor 5 Comments

ipopba/iStock via Getty Images

Crypto bank Silvergate Capital (NYSE: SI) +37.4% tops this week's five biggest financial gainers (with market cap over $2B) after equity strategist Sheena Shah says the stock tracked Bitcoin ( BTC-USD) well over the past year, especially during crypto market booms.

The second largest gainer, Trupanion (NASDAQ: TRUP) +25.6% climbs after the insurer beat Q3 earnings and revenue consensus estimates.

Crypto miner HIVE Blockchain (NASDAQ: HIVE) +24.9% gains even as Bitcoin ( BTC-USD) changes hands in net negative territory in the past week.

Another crypto miner, Marathon Digital (NASDAQ: MARA) +22.2% rises after the company increased Bitcoin ( BTC-USD) production by 23% in October.