Coinbase Stock Surges on Regulatory Boost
@Bernstein analysts predict @Coinbase stock could surge 72% due to pro-crypto policies from US President Trump, setting a $310 target price. #Update #Crypto $COIN (+6) ↗
@Bernstein analysts predict @Coinbase stock could surge 72% due to pro-crypto policies from US President Trump, setting a $310 target price. #Update #Crypto $COIN (+6) ↗
A crypto analyst predicts rallies as the Federal Reserve may end quantitative tightening, but warns of short-lived gains. Bitcoin trades at $83,248. #Update #Crypto $BTC (+3) ↗
VanEck’s Matthew Sigel claims S&P Global excluded crypto firms like @coinbase, @MicroStrategy, and @RobinhoodApp from the S&P 500 update despite meeting criteria, citing business model concerns. #Update #Crypto $COIN (-3) ↘
Jason Pizzino predicts a significant stock market rally that could boost $BTC and crypto assets, as US markets approach new highs. #Update #Crypto $BTC (+4) ↗
@CalSTRS invests $83M in @Strategy amid declining stock, reflecting institutional interest in crypto assets. Twelve U.S. states have invested $330M in Strategy shares. #Breaking #Crypto (+8) ↗ (Source: Hodl.Press)
@GameStop is rumored to consider adding $BTC to its balance sheet, aiming to expand its financial strategy, according to sources familiar with the matter. #Update #Crypto $BTC (+4) ↗ (Source: News.Bitcoin)
DailyHodl: @MicroStrategy announces a $563.4M stock offering to fund more $BTC acquisitions, with shares priced at $80 each and an 8% dividend rate #Update #Crypto $BTC (+6) ↗
Bloomberg Intelligence’s Mike McGlone warns gold’s strong 2024 performance could signal bearish trends for $BTC and risk assets, highlighting investor preference for safe havens amid macroeconomic concerns. Bitcoin must maintain above $100,000 to sustain its uptrend. #Update #Crypto $BTC (-3) ↘
Several billionaire investors, including Philippe Laffont and Stanley Druckenmiller, have invested $1.8 billion in AI stocks like @Broadcom, Amazon, and Taiwan Semiconductor Manufacturing. This move aligns with predictions of AI’s market growth to $15.7 trillion by 2030. #Update #AI (+6) ↗
Bitcoin’s correlation with the S&P 500 hits 0.88 amid Fed’s hawkish stance and dollar strength; @BitwiseInvest’s Andre Dragosch cites exchange supply deficit as a stabilizing factor for $BTC. • #Update • #Crypto • $BTC • (+3) • →
@cryptocom now offers stock and ETF trading in the US, starting in Pennsylvania, Ohio, Washington, and Arizona, with plans to expand nationwide. • #Update • #ETF • @cryptocom • (+4) • ↗