Bitcoin Shares Surge on Strong IPO Debut
@Citi raises Bullish’s price target to $70 after strong Q2 results and BitLicense approval, boosting investor confidence. Shares up over 8% to $58.18. #Update #Crypto $BLSH
@Citi raises Bullish’s price target to $70 after strong Q2 results and BitLicense approval, boosting investor confidence. Shares up over 8% to $58.18. #Update #Crypto $BLSH
@KBW initiated coverage of @Bullish (BLSH) with a market perform rating and $55 price target, citing U.S. expansion and institutional interest as growth catalysts. Shares at $51.81. #Update #Crypto $BLSH
Gemini’s Nasdaq debut sees strong investor demand and rapid price swings, marking a new era for crypto market integration. #Update #Crypto
Bitcoin ETFs saw a $757M inflow Wednesday, led by @Fidelity, @BlackRock, and Ark 21Shares, while ether ETFs gained $172M. #Update #Crypto $BTC
Ether ETFs saw a $44 million inflow on Tuesday, breaking a six-day outflow streak, while Bitcoin ETFs had $23 million in net inflows, driven by BlackRock’s IBIT. #Update #Crypto $ETH
XRP ETF approval odds are rising, signaling a potential 2025 crypto investing shift as regulatory and institutional factors align. #Update #Crypto $XRP
Cathie Wood’s @ARKInvest invested over $23.5M in BitMine Immersion Technologies and Bullish across its ETFs, while trimming stakes in other firms. BitMine holds 1.87M ETH valued at $8B. #Update #Crypto $ETH
@Coinbase’s David Duong warns of a potential long-term crypto bear market as $BTC and COIN50 dip below their 200-day moving averages, signaling bearish trends. #Update #Crypto $BTC (-4) ↘
DailyHodl: Michaël van de Poppe predicts altcoin market cap could reach $2.8 trillion by 2025, with $BTC poised for a potential 10% rise this month. #Update #Crypto $BTC (+4) ↗