Arcane Crypto News Today

Vinter, the crypto index provider, announces that it has partnered with digital asset brokerage K33 to build regulated financial products for their portfolio of upcoming investment products.

Analysis shows promising signs that Bitcoin and the rest of the crypto market are set to continue the current rally.

The largest cryptocurrency by market value, rose as much as 4.15% to $20,185 Tuesday

Ethereum (ETH) is predicted to hit US$5,154 by the end of 2025, according to Finder.com’s latest Ethereum Price Predictions Report.

“Public miners are still dumping their Bitcoin holdings at a higher rate than their production rate,” Jarand Mellerud, an analyst at Arcane Crypto, wrote in a research note.

In a bearish market, three of the biggest mining firms have reported a cumulative loss of $1 billion in Q2, 2022.

The largest American cryptocurrency miners lost $1 billion in the Q2. They lost a lot due to the cryptocurrency crisis.

Top three US publicly-traded miners hit by impairment charges

Australian shares are trading down 0.1pc. Redbubble dives 40pc. Downer, Santos, Domain, Magellan, CSL fall on results as Super Retail, Fletcher, Brambles gain. Santos defers Dorado oil project FID, Carnarvon Energy falls 12pc. Follow for updates.

It's not surprising that bitcoin miners were among the most repudiated stocks in what was a miserable first half of 2022 for the broader market.