Crypto Gloom

Short-sellers are targeting Bitcoin miners as their rewards are cut in half, putting $2 billion of their stake on the line.

Short-sellers are targeting Bitcoin miners as their rewards are cut in half, putting $2 billion of their stake on the line.A recent report highlights that the collective short interest in the stocks of 15 Bitcoin mining companies has reached $2 billion. The performance of these mining stocks has declined compared to their strong start to the year, consistent with just 663 blocks remaining until the next reward halving. Bitcoin halving is imminent (…)