Bitfarms Ltd (BITF)

[hobowilly]

Not too shabby, I'll take it

Detailed Quote:BITF
BITFARMS LTD
5.95 Up 0.82 (15.9844 %) AS OF 4:00:01PM ET 08/06/2021

. . . . and UP 42.4% for the week.

[hobowilly]

$6.00 IMHO is definitely in play today depending on how big a bite the day traders take.

A nice push through Power Hour could make every go home happy for the weekend.

[crudeoil24]

Good information bud! Options very bullish.

[hobowilly]

Bitfarms call volume above normal and directionally bullish (TheFlyOnTheWall)
BY The Fly
— 1:05 PM ET 08/06/2021
Bullish option flow detected in Bitfarms ( BITF ) with 13,788 calls trading, 4x expected, and implied vol increasing almost 13 points to 138.48%. Aug-21 7.5 calls and Feb-22 7.5 calls are the most active options, with total volume in those strikes near 7,300 contracts. The Put/Call Ratio is 0.06.

[crudeoil24]

Your information is certainly food for thought.

Go BITF.

[hobowilly]

$6.00 sounds sweeeeeeeeeeeeeeeeeeeeeeeeeeeeet. Nice way to end the week.

[hobowilly]

Yeah, agreed, I hold all three but heaviest in Bitfarms.

IMHO Hyro beats fossil, but nothing beats Geothermal especially with rivers and dams drying up all over the world.

El Salvador, their willingness to go Bitcoin and their geothermal resources should be a no brainer for miners.

World Central Banks and the IMF are trying to put the KABASH on El Salvador's bid to become unpoor and get out from under the oppressive thumb of the IMF. Need to get some miners into that country and say F**k You to the suits and bureaucratic pinheads of the IMF

Investors and concerned world citizens need to be aware of this Strawman argument the IMF is putting up. This is nothing. They have not begun to get serious, yet.

IMF ISSUES NEW WARNING AGAINST USING CRYPTO ASSETS AS NATIONAL CURRENCY
As Bitcoin gains momentum around the world, financial regulators step up their game to try and save the crumbling financial system.
https://bitcoinmagazine.com/culture/imf-issues-new-crypto-asset-warning

Imagine that, a 3rd world country trying to dig itself out of poverty and the IMF trying to deny them.

There is a wave for independence and sovereignty coming from the poor and exploited. Watch what Cardano is doing in Africa.

[crudeoil24]

MAAD, we makin Madmoney! BITF is a great $$$$$ opportunity.

[crudeoil24]

"greater than 99% green hydroelectricity."

[MADDSTACKER]

Thinking if we close 6+ and Bitcoin runs after hours we might see $7 in after hours … let’s hope we squeeze

[crudeoil24]

In my opinion, this is the best mining stock. Plus energy costs are almost zilich, taking advantage of H2O power.

[crudeoil24]

We're going to close over $6.00 with the way bitcoin has moved up in last 24 hours. Next week I want us to surpass $10.00

BITF

[MADDSTACKER]

Let’s gooo crude

[hobowilly]

Nice post

Has anyone seen anywhere an analyst or broker initiate coverage of any of the 3 Caballeros $BITF, $HUT, $HVBT and put up a price target?

Bitfarms
52-Week High
12/28/2020 10.00
52-Week Low
10/05/2020 0.2135
Price Performance (Last 52 Weeks)
08/05/2021 1,361.95%

WOW, $0.2135, I wouldn't mind having a basket of those bad boys right now.

[crudeoil24]

Bitfarms Ltd. ("Bitfarms", or the "Company") (NASDAQ: BITF // TSXV: BITF), a publicly traded Bitcoin mining company, currently powering approximately 1.5% of the Bitcoin network with greater than 99% green hydroelectricity, today announces a Bitcoin production update and the announcement date of its second quarter 2021 financial results.

Mining Production Highlights as of August 1, 2021

Bitcoin Production Update

As of August, 1, 2021, Bitfarms' year-to-date Bitcoin ("BTC") production by month was:

Month BTC
January 199
February 178
March 221
April 232
May 262
June 265
July 391
As previously noted, recent macroeconomic events in China have increased Bitfarms' market share and daily Bitcoin production rate substantially. This increase in market share offsets the reduction in Bitcoin price from a high of approximately US$63,000 in April 2021 to its July 2021 month-end value of US$41,626. In addition, these recent developments:

"We are proud to have added 96% of our 2021 year-to-date Bitcoin mined to our long-term inventory program," commented Emiliano Grodzki, Bitfarms Founder and Chief Executive Officer. "As we work to execute on our growth targets, we anticipate adding more Bitcoins to our balance sheet at a faster rate than we have in the first half of 2021," added Mr. Grodzki.

Second Quarter 2021 Financial Results

The Company also announces that it will report its second quarter 2021 financial results on Monday, August 16, 2021, after the market close.

Management will host a conference call on Monday, August 16, 2021, at 5:30 p.m. ET to review financial results. Following management's formal remarks there will be a question-and-answer session where management will address questions. Interested parties may submit questions in advance for management's consideration at [e-mail] through August 12, 2021.

Conference call access

The conference call will be available through a live webcast found here:

https://services.choruscall.com/mediaframe/webcast.html?webcastid=ksgqlgVN

Participants are asked to pre-register for the call through the following link: https://dpregister.com/sreg/10159337/ec19bc7656

Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after the call start time.

Those without internet access or unable to pre-register may dial in by calling: 1-866-777-2509 (domestic), 1-412-317-5413 (international). All callers should dial in approximately 10 minutes prior to the scheduled start time and ask to be joined into the Bitfarms call.

A webcast replay of the call will be available approximately one hour after the end of the call through November 15, 2021, at the above webcast link.

About Bitfarms Ltd.

Founded in 2017, Bitfarms is a Bitcoin mining company, running vertically integrated mining operations with onsite technical repair, proprietary data analytics and Company-owned electrical engineering and installation services to deliver high operational performance and uptime.

Having demonstrated rapid growth and stellar operations, Bitfarms became the first Bitcoin mining company to complete its long form prospectus with the Ontario Securities Commission and started trading on the TSX-V in July 2019. On February 24, 2021, Bitfarms was honoured to be announced as a Rising Star by the TSX-V. On June 21, 2021, Bitfarms started trading on the Nasdaq Stock Market.

Bitfarms has a diversified production platform with five industrial scale facilities located in Quebec. Each facility is over 99% powered with environmentally friendly hydro power and secured with long-term power contracts. Bitfarms is currently the only publicly traded pure-play mining company audited by a Big Four audit firm.

To learn more about Bitfarms' events, developments, and online communities:

Website: www.bitfarms.com

https://www.facebook.com/bitfarms/

https://twitter.com/Bitfarms_io

https://www.instagram.com/bitfarms/

https://www.linkedin.com/company/bitfarms/

Cautionary Statement

Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), Nasdaq, or any other securities exchange or regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") that are based on expectations, estimates and projections as at the date of this news release. The information in this release regarding expectations in respect to its future rate of Bitcoin production, its future accumulation of Bitcoin, its expansion plans, and about other future plans and objectives of the Company are forward-looking information. Other forward-looking information includes, but is not limited to, information concerning: the intentions, plans and future actions of the Company, as well as Bitfarms' ability to successfully mine digital currency, revenue increasing as currently anticipated, the ability to profitably liquidate current and future digital currency inventory, volatility of network difficulty and digital currency prices and the potential resulting significant negative impact on the Company's operations, the construction and operation of expanded blockchain infrastructure as currently planned, and the regulatory environment for cryptocurrency in the applicable jurisdictions.

Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.

This forward-looking information is based on assumptions and estimates of management of the Company at the time they were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, risks relating to: the global economic climate; dilution; the Company's limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the ability of the Company to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors that could impact future results of the business of Bitfarms include, but are not limited to: the construction and operation of blockchain infrastructure may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; the digital currency market; the ability to successfully mine digital currency; revenue may not increase as currently anticipated, or at all; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; the anticipated growth and sustainability of hydroelectricity for the purposes of cryptocurrency mining in the applicable jurisdictions, the ability to complete current and future financings, any regulations or laws that will prevent Bitfarms from operating its business; historical prices of digital currencies and the ability to mine digital currencies that will be consistent with historical prices; an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19 on the price of digital currencies, capital market conditions, restriction on labour and international travel and supply chains; and, the adoption or expansion of any regulation or law that will prevent Bitfarms from operating its business, or make it more costly to do so. For further information concerning these and other risks and uncertainties, refer to the Company's filings on www.SEDAR.com including the annual information form for the year ended December 31, 2020, filed on April 7, 2021. The Company has also assumed that no significant events occur outside of Bitfarms' normal course of business. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those expressed in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on any forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.

Contacts

Investor Relations:

CORE IR

[phone]

[e-mail]

US Media:

CORE IR

Jules Abraham, Director of Public Relations

[e-mail]

YAP Global

Mia Grodsky, Account Executive

[e-mail]

[crudeoil24]

BITF > Shares of several cryptocurrency-related stocks are trading higher in sympathy with the price of Bitcoin and Ethereum.

[crudeoil24]

As long as bitcoin stays above 40k, BITF will move towards its 10.00+ > 52 wk. hi.

[corvatsch]

you are a winner !!!!

[LUPO BIANCO]

I already bought 50k shares @ 2.8699..too late sorry LOL

[SurgeGuy2.0]

SCAM!!!

[crudeoil24]

Coinbase users can now buy crypto with Apple Pay
August 05 2021 - 02:15PM
Cointelegraph

Coinbase has added additional user-friendly payment options to its platform.

https://ih.advfn.com/stock-market/COIN/BTCUSD/crypto-news/85768793/coinbase-users-can-now-buy-crypto-with-apple-pay

BENJAMIN PIRUS
53 MINUTES AGO
Coinbase users can now buy crypto with Apple Pay

Coinbase has added additional user-friendly payment options to its platform.

Crypto exchange Coinbase announced on Thursday that users can now use Apple Pay to purchase crypto assets on its platform, with Google Pay integration to follow.

“Today we’re introducing new and seamless ways to enable crypto buys with linked debit cards to Apple Pay and Google Pay, and instant cashouts up to $100,000 per transaction available 24/7,” said a Coinbase blog post on Thursday.

“If you already have a Visa or Mastercard debit card linked in your Apple Wallet, Apple Pay will automatically appear as a payment method when you’re buying crypto with Coinbase on an Apple Pay-supported iOS device or Safari web browser,” the Coinbase blog post mentioned.

Coinbase expects to enable Google Pay functionality “later this fall.”

In the same post, Coinbase announced “instant cashouts via Real Time Payments (RTP), enabling customers in the U.S. with linked bank accounts to instantly and securely cash out up to $100,000 per transaction.”

Digital asset exchange Gemini made a similar move back in April, integrating Google Pay and Apple Pay cash transfer options on its platform.

This story is developing and will be updated.

https://cointelegraph.com/news/coinbase-users-can-now-buy-crypto-with-apple-pay

[crudeoil24]

Bitfarms Says Mined 391 New Bitcoin During July. > $15,000,000+

[hobowilly]

Day Traders.

Well, in the words of the famous philosopher "The Outlaw" Josey Wales
"Buzzards gotta eat too."

I was actually in the black here for a couple of hours.

No pasa nada. Just keep stair steppin' it up to $10 and beyond

Damn, The 3 Caballeros are smokin' it After-Hours.

[MERCURIAL]

Bout time. Let's go.

[MADDSTACKER]

About to leap $hut

[hobowilly]

One of the 3 Caballeros, $BITF, $HUT, $HVBT should break from the pack and chase down $MARA and $RIOT.

Like many here, I'm invested in all 3. Heaviest here in Bitfarms. I think they're most capable of catching MARA and RIOT

Go git em Bitfarms

Nice Volume
Volume 4,714,743
Volume (10 day Average) 3,301,896
Volume (90 day Average) 1,704,086

[bUrRpPPP!]

Solid move today.......

[MADDSTACKER]

Let’s move :)

[BIGJJB]

Easily the most transparent co out there. 69 million in the pile @41k easy math . This stock should be much much higher.

[MADDSTACKER]

https://www.forbes.com/sites/anthonytellez/2021/08/04/fidelity-buys-74-of-bitcoin-mining-company-marathon-digital-holdings-across-multiple-funds/amp/?__twitter_impression=true

[MADDSTACKER]

Let’s get a squeeze going new high sense Nasdaq listing …

[stockguard]

Believe due to there page on holdings they bought $BITF on Nasdaq:
Marathon Digital Holdings (NASDAQ: MARA): 10.8% of assets

Bitfarms (NASDAQ: BITF): 9.4%

Hut 8 Mining (NASDAQ: HUT): 9.4%

Samsung Electronic: 7.6%

NVIDIA Corporation (NASDAQ: NVDA): 6.2%

DMG Blockchain Solutions (OTC: DMGGF): 4.4%

Riot Blockchain (NASDAQ: RIOT): 4.4%

Hive Blockchain Technologies (NASDAQ: HVBT): 4.4%

Cleanspark (NASDAQ: CLSK): 4.4%

Advanced Micro Devices (NASDAQ: AMD): 4.3%

Argo Blockchain (OTC: ARBKF): 4.2%

Taiwan Semiconductor (NASDAQ: TSM): 4.2%

[corvatsch]

interesting, even if they bought the BITFs in Canada ...
I would have bought at the Nasdaq !!!

[stockguard]

Bought this new ETF as it has a large holding in $BITF.
RIGZ- Viridi Clean Energy Crypto Mining & Semiconductor ETF: Taking a different approach to Bitcoin farmers as this ETF owns all the clean energy mining companies plus add on the clean semiconductor plays for a more versatile holding. This is a new ETF that just became public in July: https://viridifunds.com/rigz-etf/

[Katloose]

I’m with 37k shares

[hobowilly]

Maybe this had more to do with the Bitcoin Spike than anything Jeff Bozo did or didn't do or Who Gives a F*** about?

Massive Short Squeeze Pushes Bitcoin Closer to $40K, Crypto Economy Jumps 9% Higher
https://news.bitcoin.com/massive-short-squeeze-pushes-bitcoin-closer-to-40k-crypto-economy-jumps-9-higher/

[hobowilly]

Bitcoin holding at around $40k. Looks like folks think Bozo is full of shite.


OK, I'm willing to speculate

Gimme 2 to 1?
I say Amazon is accepting crypto by August 1, 2022

Gimme 10 to 1?
I say Amazon has their own branded crypto coin by December 31, 2022

If you believe it's all a big lie, then it's easy money, right?

[chestnut42]

Speculation, is not an investment strategy.

[hobowilly]

Here, I'll help you out.

Amazon: No, We Have No Plans to Accept Bitcoin Payments
"The speculation that has ensued around our specific plans for cryptocurrencies is not true," a spokesperson said.

"I did not have sex with that woman." "Well it depends on what your interpretation of the word 'sex' means. "Well it depends on what your definition of 'is' is."

Yeah, so they wait a week and allow the news to circulate and then say "Hey we just noticed this."

Then instead of making an immediate and blanket denial they wait a week and carefully refute specific claims.

Here's the job ad posting, directly from the Amazon Website. Unless the site was hacked and the ad is phony. Yeah, that´s it, Amazon just hasn't realized it because they all took a week off.
Read the post and decide for yourself.

Digital Currency and Blockchain Product Lead
Job ID: 1644513 | Amazon.com Services LLC
DESCRIPTION
Do you want to innovate on behalf of customers within the payments and financial systems of one of the largest e-commerce companies in the world? As one of the largest e-commerce companies in the world, Amazon processes billions of secure on-line transactions via numerous payment methods and capabilities around the globe. The Amazon Payment Acceptance & Experience Team is responsible for how Amazon’s customers pay on Amazon’s sites and through Amazon’s services around the globe.

The Payments Acceptance & Experience team is seeking an experienced product leader to develop Amazon’s Digital Currency and Blockchain strategy and product roadmap. You will leverage your domain expertise in Blockchain, Distributed Ledger, Central Bank Digital Currencies and Cryptocurrency to develop the case for the capabilities which should be developed, drive overall vision and product strategy, and gain leadership buy-in and investment for new capabilities. You will work closely with teams across Amazon including AWS to develop the roadmap including the customer experience, technical strategy and capabilities as well as the launch strategy.

You’ll need to operate with a high level of autonomy and operate analytically, working backwards from data and customer insights to build new and innovative solutions to unsolved problems. As a product leader you will have a proven track record of creating a strong vision and roadmap and successfully delivering results. In this role, you will:
· Own the vision and strategy for Amazon’s Digital Currency and Blockchain strategy and product roadmap
· Write documents that work backwards from customer and partner needs
· Dive deep into customer and system data to perform analysis
· Partner effectively with other leaders in product, design, marketing, engineering, science and business intelligence to influence priorities and drive alignment
· Maintain excellent judgment on prioritization between focusing features, architectural improvements and operational excellence
· Monitor project execution and ensuring that the project delivery is to the appropriate levels of quality and in line with target dates


BASIC QUALIFICATIONS
· Bachelor's Degree
· 10+ years of experience in product or program management, product marketing, business development or technology
· Deep understanding of the digital / cryptocurrency ecosystem and related technologies
· Experience with end to end product delivery
· Experience overseeing roadmap strategy and definition
· Experience with feature delivery and tradeoffs of a product
· Experience contributing to engineering discussions around technology decisions and strategy related to a product
· Demonstrated ability to decompose significantly complex technical propositions into straightforward solutions, and understand core technologies utilized in your product
· Strong analytical and quantitative skills with the ability to use data (including SQL) and metrics to back up assumptions evaluate outcomes and challenge conventional wisdom
· Excellent written and verbal communications to technical and non-technical stakeholders and experience presenting to very senior executives

PREFERRED QUALIFICATIONS
· MBA or equivalent experience
· A keen, flexible and aggressive intellect with superb conceptual thinking, analytical and problem-solving skills
· Proven track record of taking ownership and delivering results in a fast-paced, dynamic environment.
· Ability to thrive in an ambiguous and constantly changing environment.
· Proactive attitude, natural curiosity, and willingness to roll up sleeves to achieve goals and deliver great experiences for customers

It's called business "strategy." Amzon is not going to allow anyone else to announce their intentions but Amazon.

Wish I had a Bitcoin for every vehemently denied "rumor" that turned out to be true a short time later. OH, did we deny that rumor. Oh well. We changed our minds

[hobowilly]

Of course you are. That's blatantly obvious. So just stick to NewsMax, FOXNews(?) One America News and the like and all you'll hear is the raw truth. Stay away from anything that claims to be written by a journalist. You´ll be perfectly cocooned in the Conspiracy Bubble.

It is clear to me that not only is it logical to assume that Amazon would venture into the Crypto/Blockchain space, it´s surprising that they do not already hold a dominating and influential position within it.

I sent you 6 separate reports from reliable sources stating in one form or another that Amazon is moving in that that direction. I am willing to bet that in the world of 240 character attention spans you didn't bother to follow, let alone read, any of the links I went out of the way to provide you. All you saw was "insider" in a headline and that was it.

It's clear we're not in sync. We view the world from two different prospectives.

There is life beyond 240 characters. Trust me, I live there. Lots of good information out here I rather read than burn books, imagine that?

In other news, The Three Caballeros, $HVBT, $HUT, $BITF all uuuuuuup Pre-Market

[chestnut42]

I , myself, am sick and tired of people who believe everything the media tells them to believe. Lemmings being led into the abyss.

[hobowilly]

You know I am getting fed up with one brain celled creatures attempting to destroy the progress Homo Sapiens have made over the past 100,000 of years.

Not me, I refuse to turn in my "I'm an Intelligent Human Being" Club Membership and give in to the knuckle dragging, mouth breathing faction that wishes to burn books, destroy higher education, ridicule and condemn advances in science and technology and need a nice long firearm to make up for their short comings.

Is it any wonder that this faction is centralized and strongest in the States with the lowest levels of education standards.

Please, please don´t take the vaccine you people, it´s a Communist plot. Just resist until you contract Delta and then, then, just go away and Darwin and science, will be proven right, again.

Not only does the vaccine save the more intelligent among the species, it culls the herd of the weak minded and hopeless because they are not smart enough to survive. Imagine it this same misguided mentality existed during the development of the polio and small pox vaccines. The ancestors of these idiots would have already passed on.

If only.

It´s the journalists!!!!! Those damn Journalists!!! Has nothing to do with an individual´s ability to think and reason, it´s the damn Journalists!!!!!!

[chestnut42]

Claims an insider is what it says. NOT the company. AMAZON HAS DENIED, the story. HOBO, like I said, never believe "journalists ", they lie.

[hobowilly]

Are you serious? Quoted directly from an Amazon source. Do you actually read anything or just assume everything is a lie or rumor?

Amazon plans to accept Bitcoin payments this year, claims insider
https://cointelegraph.com/news/amazon-plans-to-accept-bitcoin-payments-this-year-claims-insider

Amazon Set to Accept Bitcoins, Develop Crypto Strategy
https://www.tomshardware.com/news/amazon-set-to-accept-cryptocurrency

Amazon may soon allow users to pay in cryptocurrencies like Bitcoin
https://www.businessinsider.in/cryptocurrency/news/amazon-may-soon-allow-users-to-pay-in-cryptocurrencies-like-bitcoin/articleshow/84724732.cms

AMAZON IS GETTING SERIOUS ABOUT ACCEPTING BITCOIN FOR PAYMENT
https://bitcoinmagazine.com/business/amazon-bitcoin-payment-product-lead

Amazon ‘definitely’ lining up Bitcoin payments and token, confirms insider
https://www.cityam.com/amazon-definitely-lining-up-bitcoin-payments-and-token-confirms-insider/

Cheeses man, of course they are and the question is not "when" but WTF took them so long, they should gotten in years ago.

Hey, unconfirmed rumor just in. Bozo deployed a Bitcoin ATM while he took his joyride. You know in case the Starman, cruising around in his Tesla Roadster needs some Bitcoin!!!

Please link to the Amazon denial?

[chestnut42]

And Amazon has denied that they will accept BTC as a payment option. RUMOR is all it was about. I think everyone was hoping that reading between the lines, Amazon was saying something that they weren't. I still think a lot of creative writing went into the story. I'm sure the writer got a lot of page views, which is all it was really written for. Journalists cannot be trusted EVER.

[MADDSTACKER]

Let’s get to $20 where we belong

[hobowilly]

The early arriving lemmings are not waiting for the late arrivals and are already charging over the Pre-Market cliff. Fortunately or unfortunately, their fall will be broken by the pile of Anti-Vaxers that have perished. Somebody needs to get down there and get all those bodies out of the way.

[hobowilly]

Could this be what you're referring to as a "rumor" which in fact is an actual job posting. Note the article includes "quoted" comments from an Amazon spokesperson. "quoted" I think it's a fairly well written and even handed description of events.

Amazon posted a crypto job. Bitcoin surged 14%

New York (CNN Business)Amazon listed a job opening for a digital currency and blockchain product lead, sending cryptocurrencies soaring Monday.

Bitcoin (XBT) climbed to a six-week high of nearly $39,043, while ethereum reached $2,363. Dogecoin was last trading at about 22 cents per coin, giving it a $28.8 billion market cap. As of Monday afternoon, both bitcoin and dogecoin had soared more than 14% over the past 24 hours, according to Coinbase. And ethereum went up nearly 12% over that period.
Typically, when Amazon is rumored to enter a new market, stocks of soon-to-be rivals tumble. But Amazon's job listing had the opposite effect Monday, generating buzz about the tech company's future involvement with cryptocurrencies and its potential to further legitimize the nascent digital currency sector.

In Amazon's (AMZN) listing, which was posted Thursday, the company says it is looking for someone with a "deep understanding" of the "cryptocurrency ecosystem and related technologies."
The role would be part of Amazon's payment acceptance and experience team, according to the job description, perhaps implying that the e-commerce giant could accept cryptocurrencies as payment in the near future.
"We're inspired by the innovation happening in the cryptocurrency space and are exploring what this could look like on Amazon," a spokesperson for the company told CNN Business. "We believe the future will be built on new technologies that enable modern, fast and inexpensive payments, and hope to bring that future to Amazon customers as soon as possible."
Cryptocurrencies are having a roller coaster year, and they rallied Monday, just a few days after Amazon posted the job opening.
The conversation surrounding cryptocurrencies has become more prominent in corporate America this year. Although Tesla founder and CEO Elon Musk's tweets have incited whiplash in the crypto space, the company's initial $1.5 billion investment in bitcoin helped legitimize cryptocurrencies as an investment. Musk recently said he's invested in bitcoin and wants to "see it succeed." And during earnings conference calls this year, Wall Street analysts have peppered executives at high-profile companies about possibly entering the bitcoin space.
Amazon's stock was up a little more than 1% Monday.

According to the article writer's bio she is a CNN Business Writer and Editor. So what's the issue? She seems to have done a good job at reporting a newsworthy event, backed up by "quotes" and facts.

[chestnut42]

BTC is up on the rumor about Amazon accepting it as payment in the not to distant future. Just a rumor by some liberal writer calling themselves journalists

[hobowilly]

Bitcoin @ $37k is up 9.55% over the last 72 hours.

Bitcoin @ $37k is down 2.58% over the last 24 hours.

Lemmings waking up and strapping on their Nikies, saying good-bye to friends and family and heading out early so they can get a good spot in line.