FintechZoom Plug Stock: A Comprehensive Review of the Future of Clean Energy

Economic

Summary:

Thinking about investing in Plug Power stock? We break down the pros and cons of this clean energy pioneer, from big partnerships to financial challenges, plus insights from FintechZoom and FastBull.

In a world increasingly focused on clean energy and reducing carbon emissions, companies that provide alternative energy solutions have garnered substantial attention. One such company is Plug Power Inc. (PLUG), a pioneer in the hydrogen fuel cell industry. Investors have turned to this stock with high hopes, and platforms like FintechZoom have kept a keen eye on its progress, offering detailed stock analyses and market trends.

In this article, we will explore Plug Power’s financial performance, the factors driving its stock price, and the company's future outlook. With hydrogen set to play a crucial role in the global energy transition, PLUG stock is seen as a potential leader in this sector.

Overview of Plug Power

Plug Power is a leading provider of hydrogen fuel cell systems that replace traditional batteries in electric vehicles and industrial equipment. Since its founding in 1997, the company has grown to become one of the key players in the hydrogen economy, offering solutions across various industries, including material handling, transportation, and stationary power.

At the heart of Plug Power's business model is its development of hydrogen infrastructure, from production to distribution. With growing interest in hydrogen as a green energy source, Plug Power is working to position itself at the forefront of this evolving market.

Stock Performance and Market Sentiment

Plug Power’s stock has experienced significant volatility in recent years, driven by both market optimism and challenges faced by the company. During the 2020 clean energy boom, PLUG shares skyrocketed, riding the wave of excitement around renewable energy technologies. However, as the broader market cooled and the reality of near-term profitability hit investors, the stock saw a pullback.

Looking at 2023 and early 2024, PLUG stock has been a battleground for bulls and bears. On one hand, the company is making major strides in expanding its partnerships and scaling its operations, particularly in Europe and the U.S. On the other hand, persistent challenges, such as production costs, scalability issues, and delays in achieving profitability, have weighed on investor sentiment.

According to FintechZoom, Plug Power remains a high-risk, high-reward stock. As of mid-2024, the stock has shown signs of recovery as the global focus on clean energy intensifies, and hydrogen gains more recognition as a potential long-term solution for decarbonization.

Key Drivers Behind Plug Power’s Growth

Several factors are driving Plug Power’s stock performance and growth prospects, particularly as governments and businesses around the world look to reduce their carbon footprints.

Hydrogen Infrastructure Investments

Hydrogen is considered a key technology in achieving net-zero emissions by 2050. As a result, governments across the globe, including the U.S., Europe, and parts of Asia, have announced significant investments in hydrogen infrastructure. This trend benefits Plug Power, which is at the forefront of producing and distributing hydrogen fuel.

Partnerships with Major Companies

One of the strengths of Plug Power is its ability to secure partnerships with large corporations. The company has developed long-term relationships with Amazon, Walmart, and other major retailers, providing hydrogen fuel cells for their material handling operations. Additionally, Plug Power is working on projects with automakers, positioning itself as a supplier of hydrogen-powered transportation solutions.

Expansion into International Markets

Plug Power is making aggressive moves into international markets, particularly in Europe. The company has partnered with several European energy companies to develop hydrogen production facilities and fuel cell solutions. With Europe being one of the leaders in clean energy adoption, Plug Power’s expansion into the region is seen as a major growth opportunity.

Financial Challenges and Risks

Despite its growth potential, Plug Power faces a number of financial challenges. One of the most pressing issues is profitability. While the company has shown revenue growth, it has yet to consistently achieve positive earnings. The significant capital expenditures required for scaling its operations and building out hydrogen infrastructure have put pressure on its balance sheet.

Another challenge is the high volatility of the hydrogen market. While hydrogen is seen as a key player in the future of clean energy, the technology is still in its early stages, and widespread adoption could take years. This creates uncertainty around Plug Power’s short-term prospects, as the company may face continued headwinds if the market develops more slowly than anticipated.

Outlook for Plug Power Stock

Looking forward, Plug Power’s stock could see substantial gains if the company can overcome its financial hurdles and capitalize on the growing demand for hydrogen solutions. The company’s strategic investments in hydrogen infrastructure, along with its strong partnerships, make it well-positioned to benefit from the clean energy transition.

Analysts have a mixed outlook on PLUG stock. While some are bullish on the company’s long-term prospects, others are cautious due to its ongoing challenges with profitability and market volatility. Investors interested in Plug Power should closely monitor the company’s financial reports and developments in the hydrogen market.

FastBull Insights on Plug Power

FastBull, another trusted platform for financial insights, provides an in-depth analysis of Plug Power’s stock performance. Their coverage emphasizes the company's role in the hydrogen economy, but also highlights the importance of timing in entering this stock. According to FastBull, investors should consider both the macroeconomic conditions and the company’s earnings trajectory before making a move. With continued volatility in the energy sector, FastBull advises a cautious approach but acknowledges the significant upside potential for those with a long-term investment horizon.

FastBull’s insights also touch on the increasing importance of renewable energy investments, noting how institutional investors are beginning to favor green energy stocks like Plug Power. This trend could drive additional capital into the company, further boosting its stock price as the hydrogen economy gains traction.

Conclusion: Is Plug Power a Buy?

Plug Power represents a unique opportunity in the clean energy sector, particularly for investors looking to gain exposure to the hydrogen market. With strong partnerships, ambitious growth plans, and favorable government policies, the company is well-positioned to capitalize on the shift towards renewable energy.

However, the stock’s volatility and the company’s financial challenges should not be overlooked. Investors must be prepared for the ups and downs that come with investing in a company still finding its footing in a nascent industry.

For those with a high tolerance for risk and a long-term view, Plug Power could offer significant rewards. However, it is crucial to stay informed and consider expert insights, such as those from FintechZoom and FastBull, to make informed decisions about when to buy and sell PLUG stock.

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Warren Takunda

Economic

The global economy is “turning a corner”, according to the latest outlook from the Organisation for Economic Cooperation and Development (OECD) as it upgraded the UK’s growth forecast for this year to faster than that of Japan, Italy and Germany.

The OECD ranked Britain joint second among the G7 developed countries, behind the US, in its latest outlook on the global economy, but the UK is still expected to have the highest inflation in the group.

Describing the UK’s economic growth as “robust”, the OECD upgraded its growth for 2024 to 1.1% from a forecast of 0.4% made in May, as the country recovers from a mild recession at the end of last year. The forecast of 1.2% growth in 2025 was maintained.

In the May forecast, the UK was behind all other nations in the informal bloc but is now expected to outpace Japan, Italy and struggling Germany. Britain is now on par with Canada and France but behind the US.

However, Britons are still expected to face headwinds from rising prices, with inflation, which was 2.2% in August, at 2.7% across 2024. UK inflation is on course to remain at 2.4% for 2025, rising at the fastest rate in the G7.

Overall, the OECD said the global economy was “turning a corner” and lower inflation and cuts to the cost of borrowing by central banks would support “ongoing momentum” in most major economies. Those conditions wouldl allow the global economy to return to health after the shocks caused by the coronavirus pandemic and Russia’s invasion of Ukraine, it said.

The OECD’s chief economist, Álvaro Pereira, said he was surprised by the strength of the recovery earlier in the year after the UK economy contracted in 2023.

The OECD was among the most pessimistic economic forecasters when it made a judgment in May that low consumer spending and weak business investment would drag on Britain’s growth.

Business investment has remained low, but rising wages and low inflation boosted consumer spending by more than expected.

Pereira said the UK was in a similar situation to many European countries that needed to restrict debt levels.

“Not by introducing draconian austerity,” he said, “but it should be said that fiscal prudence is necessary.”

The Paris-based organisation reported that global trade was returning to pre-pandemic levels at a faster pace than expected after shipping firms found ways to avoid the Red Sea.

Meanwhile, weaker inflation meant real incomes had grown and consumer spending recovered in many countries.

However, the OECD said Asian ports were struggling to accommodate ships forced to take longer routes, pushing container costs up by 160% since last year.

Food prices were also stuck at much higher levels, reducing the spending power of people on low incomes.

Germany was one of the worst affected by higher food prices. Europe’s biggest economy had suffered a 16% increase in food prices above average wage growth since 2019 compared with a gap below 4% in Australia.

Workers in Germany earn 98% of their 2019 wages, while those in Australia earn more than 100%. UK workers earn almost 102% of their 2019 average wages, despite a near 9% increase in food prices above average wages.

The OECD is concerned that governments will seek to reduce spending deficits by increasing borrowing at huge cost when interest rates remain high.

“The bigger the debt, the bigger the amount is needed to pay interest bills,” Pereira said. “This will mean there is less money to spend on health, education and things like promoting growth,” he added.

The UK chancellor, Rachel Reeves, said: “Faster economic growth figures are welcomed, but I know there is more to do and that is why economic growth is the number one mission of this government.

“Next month’s budget will be about fixing the foundations, so we can deliver on the promise of change and rebuild Britain.”

Andrew Bailey, the governor of the Bank of England, said this week that he expected interest rates to be reduced “gradually” as inflation eased.

Source: TheGuardian

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Glendon

Economic

Investing in stocks can be a rewarding venture, especially for those who prioritize income generation through dividends. Dividends provide shareholders with a portion of a company's profits, serving as a reward for their investment and ownership. Understanding how and when dividends are paid out is essential for both current and potential investors. This article delves into the intricacies of stock dividends, including their definitions, types, payment schedules, and important dates associated with dividend payments.

What Are Stock Dividends?

A stock dividend is a payment made by a corporation to its shareholders, usually in the form of cash or additional shares of stock. This payment is derived from the company’s earnings, and it reflects the firm's profitability and commitment to sharing profits with its investors.

Dividends are typically expressed as a fixed amount per share. For example, if a company declares a dividend of $1 per share, shareholders will receive $1 for each share they own.

Types of Dividends

Cash Dividends: These are the most common type of dividends. Cash dividends are paid directly to shareholders in cash and are often deposited into the investor's brokerage account.

Stock Dividends: Instead of paying cash, a company may issue additional shares to shareholders. For example, a company might declare a 10% stock dividend, which means that a shareholder with 100 shares would receive 10 additional shares.

Property Dividends: These are less common and involve the distribution of assets other than cash or stock. This could include physical assets or securities from another company.

Special Dividends: Occasionally, companies may issue a special dividend, which is a one-time payment made outside of the regular dividend schedule. This usually occurs when a company has excess cash and wants to reward shareholders.

How Are Dividends Declared?

The process of paying dividends begins when a company's board of directors declares a dividend. This declaration is a formal announcement that specifies the dividend amount, the payment date, and the record date. Once declared, dividends become a legal obligation for the company, and they must be paid to shareholders on the specified date.

Key Dates in the Dividend Payment Process

Several important dates are associated with the dividend payment process. Understanding these dates is crucial for investors who wish to receive dividends.

Declaration Date: This is the date on which the board of directors announces the dividend. During this announcement, they will specify the dividend amount, the record date, and the payment date.

Ex-Dividend Date: This date is set by the stock exchange and typically falls one business day before the record date. To qualify for the dividend, investors must purchase the stock before the ex-dividend date. If you buy shares on or after the ex-dividend date, you will not receive the upcoming dividend payment.

Record Date: The record date is the cutoff date established by the company to determine which shareholders are eligible to receive the dividend. Only shareholders who are on the company’s books as of this date will receive the dividend.

Payment Date: This is the date on which the dividend will be paid to shareholders. Cash dividends are usually credited to shareholders' brokerage accounts, while stock dividends are added to their holdings.

The Dividend Payment Process

Company's Earnings: The process begins with the company generating profits. A portion of these profits may be retained for reinvestment, while another portion may be allocated for dividends.

Board Approval: The board of directors evaluates the company’s financial situation and decides whether to declare a dividend. They consider factors such as profitability, cash flow, and future investment opportunities.

Declaration: Once the board approves the dividend, it is officially declared, and the relevant dates are set.

Ex-Dividend Date: After the declaration, the stock begins trading with the ex-dividend status. This affects the stock price, as it typically drops by the amount of the dividend on the ex-dividend date.

Record Date: On this date, the company reviews its shareholder list to determine who will receive the dividend.

Payment: Finally, on the payment date, dividends are distributed to eligible shareholders, either through cash deposits or additional shares.

Factors Influencing Dividend Payments

Several factors influence a company's decision to pay dividends:

Earnings Stability: Companies with stable and consistent earnings are more likely to pay regular dividends. Firms in volatile industries may be less likely to commit to dividends due to fluctuating profits.

Cash Flow: A company must have sufficient cash flow to cover its dividend payments. Even if a company is profitable, it may not have enough liquid assets to distribute dividends.

Reinvestment Opportunities: Companies may choose to retain earnings for reinvestment in growth opportunities rather than pay out dividends. High-growth companies often prefer to reinvest profits to fuel expansion.

Debt Obligations: Companies with significant debt may prioritize paying off obligations over issuing dividends. They may be less inclined to pay dividends if it compromises their financial stability.

Shareholder Expectations: Companies that have established a history of paying dividends may feel pressured to continue the practice to meet shareholder expectations.

The Importance of Dividends for Investors

Dividends play a crucial role in investment strategies for several reasons:

Income Generation: For income-focused investors, dividends provide a reliable source of passive income, which can be especially appealing during retirement.

Total Return: Dividends contribute to a stock's total return, which includes both capital appreciation and dividend payments. Over time, reinvesting dividends can significantly enhance total returns through the power of compounding.

Market Signal: Consistent dividend payments can signal a company's financial health and stability. A company that regularly increases dividends may be viewed positively by investors.

Reduced Volatility: Dividend-paying stocks often experience less price volatility compared to non-dividend-paying stocks. Investors may be less likely to sell during market downturns, providing a degree of stability.

Conclusion

Understanding how and when stock dividends are paid out is essential for investors looking to maximize their investment strategies. By familiarizing themselves with key dates and the payment process, investors can make informed decisions about their portfolios. Whether seeking passive income or aiming to reinvest dividends for growth, being knowledgeable about dividends allows investors to navigate the stock market more effectively. As you consider your investment choices, keep dividends in mind as a potential source of income and a vital component of your overall investment strategy.

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Glendon

Economic

Alibaba Group Holding Limited (NYSE: BABA), one of China’s largest e-commerce companies, has faced a rollercoaster ride over the past few years. Once hailed as a tech giant with unparalleled growth potential, BABA stock has seen significant fluctuations, influenced by various factors, including regulatory crackdowns, economic conditions, and market sentiment. This article delves into the current state of Alibaba's stock, the factors affecting its performance, and what the future may hold for investors.

Understanding Alibaba's Business Model

Alibaba operates a diverse range of businesses, primarily focusing on e-commerce, cloud computing, digital media, and entertainment. The company's core platforms—Taobao, Tmall, and AliExpress—cater to different segments of the market, from individual consumers to large enterprises. Additionally, Alibaba's cloud computing division has shown substantial growth, positioning the company as a significant player in this rapidly expanding sector.

Recent Performance Overview

In the past year, BABA stock has experienced significant volatility. After reaching an all-time high of $319.32 in October 2020, the stock plummeted, driven by regulatory pressures from the Chinese government, which initiated a series of investigations into tech companies, including Alibaba. As of late September 2024, BABA stock trades at approximately $95, reflecting a significant decline from its peak.

Financial Highlights

Revenue Growth: Alibaba reported a revenue of $143 billion for the fiscal year ending March 2024, reflecting a 10% year-over-year increase. This growth was largely driven by its e-commerce and cloud computing segments.

Profit Margins: The company has maintained robust profit margins, with a net income of $22 billion for the same fiscal year. However, this represents a decline from previous years, indicating the impact of increased competition and regulatory costs.

Market Position: Despite the challenges, Alibaba remains a dominant player in the Chinese e-commerce market, holding over 50% market share. Its competitive advantages, such as extensive logistics networks and strong brand recognition, continue to provide a solid foundation for future growth.

Factors Influencing BABA Stock

Regulatory Environment

One of the most significant factors impacting BABA stock has been the regulatory environment in China. The government has intensified its scrutiny of tech companies, leading to fines and restructuring requirements. While these measures are aimed at curbing monopolistic practices, they have also created uncertainty for investors.

Economic Conditions

China's economic slowdown has also affected BABA's performance. With GDP growth decelerating and consumer spending under pressure, Alibaba's revenue growth could be impacted in the short term. Analysts are closely monitoring economic indicators to gauge potential recovery in consumer sentiment and spending.

Competition

Competition in the e-commerce space is fierce, with rivals like JD.com and Pinduoduo gaining market share. Alibaba's ability to innovate and adapt to changing consumer preferences will be crucial in maintaining its competitive edge.

Future Outlook for BABA Stock

Looking ahead, analysts have mixed opinions on the future of BABA stock. Some predict a recovery as the regulatory landscape stabilizes and economic conditions improve. According to a report by FintechZoom, the stock could reach $120 by the end of 2024 if the company successfully navigates regulatory hurdles and capitalizes on growth opportunities in its cloud and international e-commerce segments.

Investment Considerations

Investors considering BABA stock should weigh the potential risks and rewards. The stock's current valuation may present a buying opportunity for long-term investors, particularly if they believe in Alibaba's growth story and its ability to overcome regulatory challenges.

FastBull's Insights

While BABA stock has faced numerous challenges, its fundamental strengths remain intact. Investors looking for guidance on how to navigate this complex landscape can turn to FastBull, which provides expert analysis and actionable insights. With a focus on market trends and stock performance, FastBull is an invaluable resource for those looking to invest in Alibaba and other high-potential stocks.

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Glendon

Economic

The San Juan Basin Royalty Trust (SJT) has garnered significant attention among income-focused investors due to its attractive dividend payouts and its unique position within the energy sector. In this review, we'll break down the key aspects of SJT stock, analyzing its performance, risks, and potential for future growth, especially in light of the current energy market dynamics.

What Is the San Juan Basin Royalty Trust (SJT)?

Established in 1980, the San Juan Basin Royalty Trust (SJT) is a publicly traded trust that derives income from oil and natural gas interests in the San Juan Basin, which spans portions of northwestern New Mexico. The Trust was created to collect and distribute royalty income from these energy production activities to its shareholders.

San Juan Basin Royalty Trust differs from typical stocks, as it operates more like a pass-through entity. The Trust doesn't actively engage in exploration or drilling activities but rather receives royalty payments from third-party operators that extract oil and gas from the underlying properties. These payments are then distributed to SJT shareholders in the form of monthly dividends, making it an appealing choice for investors seeking passive income from natural resource assets.

Historical Stock Performance

Historically, SJT has experienced periods of high volatility, largely tied to fluctuations in oil and natural gas prices. During times of rising commodity prices, the stock tends to perform well as the royalty income increases, leading to higher dividend payouts. However, during periods of declining energy prices or reduced production, San Juan Basin Royalty Trust shares tend to suffer.

For example, in early 2020, as global oil and gas prices collapsed due to reduced demand from the COVID-19 pandemic, SJT’s stock saw a significant decline. As oil prices rebounded in 2021 and 2022, so too did the stock, as higher commodity prices translated into increased cash flows for the Trust. By 2023 and into 2024, SJT benefited from the ongoing recovery in natural gas prices, particularly in the U.S., given the high demand for energy.

Dividend Yield: A Key Attraction

One of the most appealing aspects of SJT for investors is its dividend yield. As a royalty trust, the majority of the income SJT receives from the San Juan Basin properties is passed directly to shareholders in the form of dividends. These payouts are not fixed, however, and depend on the revenue generated from oil and gas production in any given period.

Historically, San Juan Basin Royalty Trust has provided strong dividend yields, sometimes reaching double digits, which is rare in the stock market. The monthly payouts make it an attractive option for income investors looking for regular returns, especially during times when energy prices are rising.

It is important to note that SJT’s dividend can fluctuate greatly, depending on factors like:

Commodity Prices: Changes in oil and natural gas prices have a direct impact on SJT’s cash flow and, subsequently, its dividends.Production Levels: The volume of oil and gas produced from the underlying properties plays a crucial role in determining how much royalty income the Trust receives.Operating Expenses: Royalty trusts are subject to operating and administrative expenses, which can also affect the amount of distributable income.

Potential Growth Drivers

Despite the risks, there are several potential catalysts that could drive growth for SJT in the future:

Increasing Natural Gas Demand As global economies transition towards cleaner energy sources, natural gas is often seen as a bridge fuel. With less carbon emissions compared to coal, natural gas could see sustained demand growth in the coming decades. As long as the San Juan Basin maintains steady production, SJT is well-positioned to benefit from this trend.

Rising Commodity Prices The price of oil and natural gas has been steadily climbing due to increased demand and geopolitical factors. Higher energy prices could translate into better cash flows for San Juan Basin Royalty Trust, leading to higher dividends and improved investor returns.

Advances in Extraction Technology New technologies in oil and gas extraction may help prolong the production life of the San Juan Basin. Improvements in drilling and fracking techniques could lead to increased production from the basin, providing SJT with additional revenue for an extended period.

Environmental Incentives for Natural Gas With a global focus on reducing carbon emissions, the growing demand for natural gas as a cleaner energy source compared to coal or oil could be a tailwind for the San Juan Basin Royalty Trust. This shift could lead to increased natural gas prices, benefiting SJT and its shareholders.

Conclusion: Is SJT a Good Investment?

San Juan Basin Royalty Trust offers an attractive opportunity for income-focused investors seeking exposure to the energy sector. Its high dividend yield and pass-through structure make it an appealing option for those looking to generate passive income. However, like all investments in the energy space, SJT comes with significant risks, particularly regarding the volatility of oil and natural gas prices.

Before investing in SJT, it is crucial to consider the impact of fluctuating commodity prices, the potential for declining production in the San Juan Basin, and the broader risks associated with the energy industry. Investors who can tolerate these risks may find SJT to be a valuable addition to a diversified income portfolio, especially if they believe in the long-term demand for natural gas.

Ultimately, San Juan Basin Royalty Trust offers a unique way to invest in energy without the need to directly own oil and gas companies. For investors who are willing to navigate the complexities of the sector, SJT presents a compelling opportunity with the potential for steady dividends and capital appreciation.

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Owen Li

Economic

Moody’s Ratings cut Alaska Air Group Inc.’s credit grade to junk status after the company said it plans to issue secured debt to refinance borrowings from its acquisition of Hawaiian Holdings Inc., according to a statement on Tuesday.

The credit grader lowered the airline’s issuer rating to Ba1, the highest junk level, from Baa3, the lowest investment-grade score, and changed its outlook to negative from stable, signaling more downgrades could be coming in the medium term.

At the same time, Moody’s gave Alaska Air’s planned secured debt obligations a rating of Baa2, the second lowest investment-grade score. The airline said on Monday that it plans to borrow $1.5 billion, secured by the company’s loyalty program, to help refinance Hawaiian Airlines debt.

Late last year, Alaska Air agreed to buy rival Hawaiian Holdings for $1.9 billion, snatching up a company that had been hit by rising competition from Southwest Airlines Co., among other factors. Alaska Air closed its acquisition on Sept. 18. Based on financials at that time, and accounting for Hawaiian’s loyalty notes getting repaid, about 90% of Alaska Air’s debt will be secured, Moody’s estimated.

“Alaska Air is establishing a capital structure which will be made up primarily of secured debt, which is credit negative as it reduces the company’s financial flexibility,” Moody’s analyst Peter Trombetta wrote in the bond grader’s statement. “The secured debt will have a higher priority of claim than any unsecured debt, resulting in the downgrade of the company’s issuer rating.”

The ratings firm expects planned capital expenditure for the combined company to burn more than $500 million of cash in 2025, according to the statement. Alaska Air’s standalone cash was about $2.5 billion as of the end of June, according to Moody’s. The company also has access to an $850 million revolving credit facility that expires in September 2029, the ratings firm said.

Source: Theedgemarkets

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Warren Takunda

Cryptocurrency

Bitcoin sellers are now “minimal” despite prices hovering within 15% of all-time highs.

Data from onchain analytics platform CryptoQuant shows that sell-side risk is at its lowest since the start of 2024.

Bitcoin sell-side risk hits “minimum zone”

Bitcoin may have seen episodes of knee-jerk sell-offs during bouts of BTC price volatility in recent months, but overall, hardly anyone appears “willing” to capitulate.

Analyzing the sell-side risk ratio metric, CryptoQuant contributor Axel Adler Jr. revealed that would-be seller numbers have collapsed since March’s all-time high on BTC/USD.

“Since the $73K peak, the number of people willing to sell Bitcoin has dropped to a minimum zone over the past 6 months,” he commented in a post on X on Sept. 25. Bitcoin Sell-Side Risk Hits 2024 Low, Just $10K From BTC Price Record_1

Bitcoin Sell-Side Risk Hits 2024 Low, Just $10K From BTC Price Record_1

Bitcoin sell-side risk ratio. Source: Axel Adler Jr./X

Sell-side risk ratio sums all onchain realized profits and losses per day and divides that by Bitcoin’s realized cap. The result is a quantified picture of potential selling pressure, and currently, its values are below 20,000. By comparison, during the March high, the metric measured nearly 80,000.

An accompanying chart uploaded by Adler describes thus sell-side risk as “minimal.” Bitcoin Sell-Side Risk Hits 2024 Low, Just $10K From BTC Price Record_2

Bitcoin Sell-Side Risk Hits 2024 Low, Just $10K From BTC Price Record_2

Bitcoin realized profit and loss (USD). Source: Axel Adler Jr./X

Continuing, a further X post nonetheless showed healthy network activity when measured in US dollar terms.

Onchain realized profit and loss figures show a net daily tally of around $500 million — albeit still a faction of March’s $3.6 billion record.

“If you think the network is dead, you're mistaken,” Adler summarized.

“On average, Bitcoin generates around $571M in profits each day, compared to $115M in losses. The net average profit investors are making is measured at $456,000,000 per day.”

BTC price support clinches a comeback

As Cointelegraph continues to report, the aggregate cost basis of various Bitcoin investor cohorts plays a key role in defining BTC price support and resistance.

Bitcoin speculators, or short-term holders (STHs), are currently “in the black” after experiencing an extended period of uncertainty — and distributing their holdings to the market, often at a loss, as a result.

The STH cost basis currently sits at around $62,250, per data from statistics resource BGeometrics. Bitcoin Sell-Side Risk Hits 2024 Low, Just $10K From BTC Price Record_3

Bitcoin Sell-Side Risk Hits 2024 Low, Just $10K From BTC Price Record_3

Bitcoin STH realized price. Source: BGeometrics

Earlier this week, X account The Bitcoin Researcher offered further details on the current composition of STH entities’ BTC exposure, describing the market as being in a “pivotal state.” Bitcoin Sell-Side Risk Hits 2024 Low, Just $10K From BTC Price Record_4

Bitcoin Sell-Side Risk Hits 2024 Low, Just $10K From BTC Price Record_4

Source: The Bitcoin Researcher

Source: Cointelegraph

Risk Warnings and Disclaimers

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FintechZoom Plug Stock: A Comprehensive Review of the Future of Clean Energy

Overview of Plug Power

Stock Performance and Market Sentiment

Key Drivers Behind Plug Power’s Growth

Hydrogen Infrastructure Investments

Partnerships with Major Companies

Expansion into International Markets

Financial Challenges and Risks

Outlook for Plug Power Stock

FastBull Insights on Plug Power

Conclusion: Is Plug Power a Buy?

UK Economy to Grow Faster Than Japan, Italy, and Germany This Year, Says OECD

Source: TheGuardian

When and How Do Stock Dividends Get Paid Out?

What Are Stock Dividends?

Types of Dividends

How Are Dividends Declared?

Key Dates in the Dividend Payment Process

The Dividend Payment Process

Factors Influencing Dividend Payments

The Importance of Dividends for Investors

Conclusion

Exploring FintechZoom's Insights on BABA Stock: What's Next for Alibaba?

Understanding Alibaba's Business Model

Recent Performance Overview

Financial Highlights

Factors Influencing BABA Stock

Regulatory Environment

Economic Conditions

Competition

Future Outlook for BABA Stock

Investment Considerations

FastBull's Insights

Is San Juan Basin Royalty Trust (SJT) Stock a Buy

What Is the San Juan Basin Royalty Trust (SJT)?

Historical Stock Performance

Dividend Yield: A Key Attraction

Potential Growth Drivers

Conclusion: Is SJT a Good Investment?

Moody’s Downgrades Alaska Air to Junk on Plan to Borrow More

Source: Theedgemarkets

Bitcoin Sell-Side Risk Hits 2024 Low, Just $10K From BTC Price Record

Bitcoin sell-side risk hits “minimum zone”

Bitcoin sell-side risk ratio. Source: Axel Adler Jr./X

Bitcoin realized profit and loss (USD). Source: Axel Adler Jr./X

BTC price support clinches a comeback

Bitcoin STH realized price. Source: BGeometrics

Source: The Bitcoin Researcher

Source: Cointelegraph

Risk Disclosure