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Promising Cryptocurrency Stocks To Watch Today - October 3rd

HIVE Digital Technologies logo with Finance background

Key Points

  • HIVE Digital Technologies, Bitfarms, and Galaxy Digital are highlighted as key cryptocurrency stocks to monitor, based on their recent trading volumes.
  • HIVE Digital Technologies specializes in mining various cryptocurrencies such as Ethereum Classic and Bitcoin, operating in Canada, Sweden, and Iceland.
  • Galaxy Digital provides a wide range of financial services in the digital asset space, including trading, investment management, and mining activities.
  • MarketBeat previews the top five stocks to own by November 1st.

HIVE Digital Technologies, Bitfarms, and Galaxy Digital are the three Cryptocurrency stocks to watch today, according to MarketBeat's stock screener tool. Cryptocurrency stocks are shares of publicly traded companies whose core business involves blockchain or digital‐asset activities—such as mining operations, exchange platforms, wallet and hardware providers, or firms holding tokens on their balance sheets. Stock market investors use these equities to gain indirect exposure to the crypto sector within the familiar regulatory framework of traditional exchanges. These companies had the highest dollar trading volume of any Cryptocurrency stocks within the last several days.

HIVE Digital Technologies (HIVE)

HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. The company engages in the mining and sale of digital currencies, including Ethereum Classic, Bitcoin, and other coins. It also operates data centers; and offers infrastructure solutions. The company was formerly known as HIVE Blockchain Technologies Ltd.

Read Our Latest Research Report on HIVE

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.

Read Our Latest Research Report on BITF

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.

Read Our Latest Research Report on GLXY

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Should You Invest $1,000 in HIVE Digital Technologies Right Now?

Before you consider HIVE Digital Technologies, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HIVE Digital Technologies wasn't on the list.

While HIVE Digital Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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