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As  CoinDesk reported, there are a few theories for the crash. One surrounds rumors that the U.S. Treasury is preparing to charge several financial institutions for money laundering with cryptocurrencies. Another stems from an old  CNBC report on a potential Bitcoin ban in India. Still, some analysts are attributing the selloff to a mining outage in China. According to analyst Willy Woo, everything started last week in Xinjiang when facility safety inspections triggered a blackout. Woo writes that these blackouts were significant, because Xinjiang contributes one-quarter of the global hash ...

Providing coverage of Alaska and northern Canada's oil and gas industry Beaten to pulp Kay Cashman Petroleum News Dr. Paul Craig, a veteran oil and gas investor in Alaska, told Petroleum News April 6 what other experienced North Slope operatives were only willing to say off the record: Although “88 Energy stock got beaten to a pulp on the news about the Merlin 1 well, I like the results. But the market doesn’t read between the lines. Short-term investors see ‘plug and abandon’ and assume it’s a dry hole with no commercial potential,” Craig said. Kevin Frank, a geologist and section chie...

A Texas Cold Snap Isn’t the Only Concern for Gevo GEVO stock also has economic worries to contend with Mar 3, 2021, 4:08 pm EDT March 3, 2021 InvestorPlace article regarding Gevo (NASDAQ: GEVO). However, I’ve read enough of them to arrive to two conclusions. First, the general consensus on GEVO stock – at least for the year-to-date – is that it’s becoming a risky trade. Source: Marouanesitti / Shutterstock.com Second, it seems very few if any wants to touch the low-hanging fruit as to why the underlying company is getting pessimistic coverage. It...

Buying Stem is a Big Deal for STPK Stock There are many clean energy SPAC deals out there. Why did investors get excited about this one? As InvestorPlace’s Robert Lakin discussed back in January, it may have had to do with Citron Research’s very bullish call on the stock. Citron’s best known for the stocks it’s gone short. But Andrew Left’s research operation can be quite vocal about stocks it’s bullish on as well. So, what’s Citron’s bull case on STPK stock? Assigning it a $100 per share price target, it sees renewable energy storage as a trillion-dollar opportunity. You can...

Tuscan Holdings Is Gaining Traction, But Where Is Microvast Coming From? InvestorPlace 2/11/2021 Lots of investors are excited about Tuscan Holdings (NASDAQ: Microvast public. In fact, THCB stock has become a magnet for hype. © Provided by InvestorPlace a line of AA batteries to represent battery stocks According to  InvestorPlace’s Matt McCall, this is a slam dunk for a patient investor. Similarly, contributor Robert Lakin writes that you may want to wait on the best price, but the long-term prospects are excellent. Lakin may be right. Since spiking on the announcement, THCB stock ...