Is Bitfarms Ltd. (BITF) the Best Cryptocurrency Stock to Buy According to Wall Street? [Yahoo! Finance]
Bitfarms Ltd. (BITF)
Company Research
Source: Yahoo! Finance
Post Donald Trump's victory in the US presidential elections, the price of bitcoin rose above $80,000 for the first time ever. Other cryptocurrencies such as dogecoin which is the favorite coin of Elon Musk, a strong Trump supporter, are also posting gains, as reported by BBC. On November 12, Bitcoin neared a record $90,000. While Trump has revealed his plans to make America the crypto capital of the world, he has stated that he would be sacking the current chair of the Securities and Exchange Commission, Gary Gensler, who has led the SEC's crackdown on the crypto market. Gensler tried to regulate the market which he believed, was at least partially made up of securities trading illegally. Market analyst at StoneX Financial, Matt Simpson, emphasized that bitcoin prices could go as high as $100,000 in case the Trump administration deregulates crypto. Although Trump was once railing against cryptocurrencies, he later embraced crypto as he started a new crypto business called World
Show less
Read more
Impact Snapshot
Event Time:
BITF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BITF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BITF alerts
High impacting Bitfarms Ltd. news events
Weekly update
A roundup of the hottest topics
BITF
News
- Do Redditors Think That Bitfarms Ltd. (BITF) Has a Big Upside Potential? [Yahoo! Finance]Yahoo! Finance
- Tribunal rules crypto company’s takeover defence offside [Investment Executive - News]Investment Executive - News
- Bitfarms Announces Results of Special Meeting of Shareholders [Canadian Business Journal (Canada)]Canadian Business Journal
- Bitfarms Announces Results of Special Meeting of ShareholdersGlobeNewswire
- Market movers: Stocks seeing action on Wednesday - and why [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
BITF
Sec Filings
- 11/13/24 - Form 6-K
- 11/12/24 - Form 6-K
- 11/7/24 - Form 144
- BITF's page on the SEC website