Cryptocurrency Stocks To Research – August 11th

Robinhood Markets, Galaxy Digital, BTCS, Bitdeer Technologies Group, and Bitfarms are the five Cryptocurrency stocks to watch today, according to MarketBeat’s stock screener tool. Cryptocurrency stocks are shares of publicly traded companies whose core businesses involve cryptocurrencies and blockchain technology—such as mining firms, trading platforms, or infrastructure developers. They let investors gain exposure to the crypto sector through regulated equity markets and standard trading hours rather than by holding digital coins directly. Because their performance depends both on cryptocurrency price swings and broader stock-market and regulatory developments, these stocks often exhibit a different risk-return profile than owning tokens outright. These companies had the highest dollar trading volume of any Cryptocurrency stocks within the last several days.

Robinhood Markets (HOOD)

Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.

NASDAQ:HOOD traded up $1.69 during mid-day trading on Monday, hitting $116.32. 20,062,634 shares of the company’s stock were exchanged, compared to its average volume of 41,714,855. Robinhood Markets has a one year low of $18.11 and a one year high of $117.38. The business has a fifty day moving average price of $91.32 and a 200 day moving average price of $64.19. The company has a market cap of $103.37 billion, a PE ratio of 59.10, a P/E/G ratio of 4.37 and a beta of 2.36.

Galaxy Digital (GLXY)

Galaxy Digital Holdings Ltd. is a financial services and an investment management company, which engages in the digital asset, cryptocurrency, and block chain technology sectors. It operates through the following segments: Trading, Principal Investment, Asset Management, Investment Banking, Mining, and Corporate & Other.

NASDAQ:GLXY traded up $2.60 during mid-day trading on Monday, hitting $30.38. 6,778,246 shares of the company’s stock were exchanged, compared to its average volume of 3,176,299. Galaxy Digital has a one year low of $8.20 and a one year high of $33.17. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.34 and a quick ratio of 1.34. The company has a fifty day moving average price of $22.95.

BTCS (BTCS)

BTCS Inc. operates in blockchain technology sector the United States. Its blockchain-infrastructure secures and operates validator nodes on disruptive blockchain networks, as well as validates transactions for crypto holding delegations on dPoS blockchains. The company offers StakeSeeker, a cryptocurrency dashboard and staking-as-a-service platform that allows crypto asset holders to earn rewards by participating in network consensus mechanisms; and Builder+, a Ethereum block builder offered to maximize validator earnings by utilizing algorithms to construct optimized blocks for on-chain validation.

BTCS stock traded up $0.06 during trading hours on Monday, hitting $5.06. The stock had a trading volume of 5,939,303 shares, compared to its average volume of 3,701,343. The stock has a market capitalization of $241.93 million, a P/E ratio of -3.00 and a beta of 1.17. BTCS has a 12-month low of $0.95 and a 12-month high of $8.49. The stock’s 50-day moving average price is $3.68 and its 200-day moving average price is $2.69.

Bitdeer Technologies Group (BTDR)

Bitdeer Technologies Group operates as a technology company for blockchain and computing. It offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining machine hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining; as well as mines cryptocurrencies for its own account.

Bitdeer Technologies Group stock traded up $0.69 during trading hours on Monday, hitting $13.26. The stock had a trading volume of 2,227,099 shares, compared to its average volume of 5,416,646. The stock has a market capitalization of $1.48 billion, a P/E ratio of -3.26 and a beta of 2.23. Bitdeer Technologies Group has a 12-month low of $5.40 and a 12-month high of $26.99. The stock’s 50-day moving average price is $12.96 and its 200-day moving average price is $12.42.

Bitfarms (BITF)

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada.

Bitfarms stock traded up $0.04 during trading hours on Monday, hitting $1.28. The stock had a trading volume of 12,964,692 shares, compared to its average volume of 25,718,904. The company has a quick ratio of 2.58, a current ratio of 2.64 and a debt-to-equity ratio of 0.03. The stock’s 50-day moving average price is $1.01 and its 200-day moving average price is $1.07. Bitfarms has a 12-month low of $0.67 and a 12-month high of $2.76. The stock has a market capitalization of $710.87 million, a P/E ratio of -6.71 and a beta of 3.50.