Kiguel interview yesterday on Midas Letter...Go to the 10 min 50 second mark to hear Kiguel......
https://www.youtube.com/watch?v=9vikfY8huH0&t=2411s
A couple things, Kiguel says there is an 84 percent correleation of sp to price of bitcoin.
Also, that correlation may lead sp ahead of bitoin price.
ETF coming soon will be a big deal, for all bitcoin related companies, and may be tied to newly minted bitcoin....
Regarding the previous guys comment, which is just silly....
He asserts that Hut has inferior equipment. Bucko, who do you think owns 45 percent of Hut.....Bitfury...... Why in gods name would Bitfury sell Hut inferior equipment when it would hurt themselves as they own 45 percent of Hut. Save silly comments for your children.
A somewhat weird, flash crash happened across the board on all crypto this morning, but it seems to be stable now at about 7k US and is moving up.
There is no resistance till 5 dollars, and I would expect that price to be reached sometime this fall.