Galaxy Digital's Strong Earnings Will Carry Into Current Quarter, Analyst Says
[Mar 26 12:14 PM] Improved crypto market conditions due to anticipation of spot bitcoin ETF approval helped boost earnings, the report said.
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Bitcoin Miner Bitdeer Is 'Differentiated' From Peers, Shares Are Cheap: Benchmark
[Mar 14 7:30 AM] Stock appears undervalued given the wide gap between the company’s valuation and its growth prospects, the report said.
MicroStrategy ‘Not Resting on Its Laurels’ as Bitcoin Hits All-Time High: Canaccord
[Mar 12 9:42 AM] The investment bank almost doubled its price target on the stock to $1,810 from $975, highest among Wall Street analysts.
Bernstein Is 'Now More Convinced' That Bitcoin Will Hit $150K After Massive Rally
[Mar 11 10:24 AM] Spot bitcoin ETF inflows have surpassed expectations, the broker said in the report.
Bitcoin Soared to an All-Time High. So Why Aren't Miners Blasting Off, Too?
[Mar 5 1:09 PM] Investors are pouring money into spot ETFs while avoiding miners due to risks related to Bitcoin's halving event.
Bitcoin Could Slide to $42K After Halving Hype Subsides, JPMorgan Says
[Feb 29 11:00 AM] The bitcoin production cost has historically acted as a lower boundary to the cryptocurrency’s price, the report said.
Bitcoin Miner Marathon's Shares Outperform Peers Ahead of Possible 'Strong' Earnings Report
[Feb 28 10:36 AM] The miner is expected to report a "strong acceleration in Q/Q revenue growth" due to a rally in bitcoin prices, said a Jefferies analyst.
Ether's Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein
[Feb 26 11:29 AM] The amount of ether held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up for DeFi, the report said.
Retail Investors Were Likely Behind The Crypto Market Rally in February, JPMorgan Says
[Feb 22 12:42 PM] Increased retail activity comes ahead of the three main catalysts in the coming months: the bitcoin halving, the Dencun upgrade of the Ethereum blockchain and the potential approval of spot ether ETFs, the report said.
Vibe Check: The Bullish Bounce Back: CoinDesk Indices' Todd Groth
[Jan 31 8:00 AM] Periodic observations and market musings from Todd Groth, Head of Research, CoinDesk Indices.
Vibe Check: Ether Finds Support: CoinDesk Indices' Todd Groth
[Jan 26 8:05 AM] Periodic observations and market musings from Todd Groth, Head of Research, CoinDesk Indices.
Many Retail Investors See Bitcoin Price Dropping Below $20K by Year End: Deutsche Bank
[Jan 25 8:58 AM]
Bernstein Says Buy the Dip in Bitcoin Mining Stocks Ahead of BTC Price 'Inflection'
[Jan 17 11:39 AM] The broker says it prefers outperform rated mining stocks Riot Platforms (RIOT) and CleanSpark (CLSK).
Dormant Bitcoin Awakenings: $958 Million in ‘Sleeping Coins’ Stir in 2023
US Inflation Climbs to 3.2% in July, Stoking Concerns and Dividing Market Opinions
[Aug 10, 2023 11:30 AM] The most recent data from the Bureau of Labor Statistics reveals a growingly intricate inflationary scenario for the U.S. economy. Disclosed on Thursday, the Consumer Price Index for All Urban Consumers (CPI-U) exhibited a 3.2% annual increase in…
JPMorgan Analysts Say Spot Bitcoin ETF Approval Is ‘Unlikely to Be a Game Changer for Crypto Markets’
[Jul 8, 2023 2:00 PM] In a report published on Thursday, JPMorgan analysts suggest that the approval of a spot bitcoin exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC) is “unlikely to be a game changer for crypto markets.”…
Fed Pauses Interest Rates After 10 Consecutive Hikes; Committee Likely to Raise Rates ‘Somewhat Further’ This Year
[Jun 14, 2023 1:20 PM] In accordance with market predictions, the U.S. Federal Reserve decided to halt its rate hike this month after ten consecutive hikes since last year. The members of the Federal Open Market Committee (FOMC) asserted that the U.S. banking system is…
US Inflation Cools to 4% Annual Rate, Setting Stage for Fed’s Decision on Interest Rates
[Jun 13, 2023 10:30 AM] The U.S. Bureau of Labor Statistics’ consumer price index (CPI) report, released on Tuesday, reveals that inflation in the United States has eased to a yearly rate of 4%. The latest development arrives just ahead of the upcoming Federal Open…
Silver Set to Shine: Citigroup Analysts Forecast $30 Value in Next 6-12 Months
ChatGPT and AI the newest vector for malware: Meta security team
[May 3, 2023 7:43 PM] Security researchers at Meta said “bad actors” have flocked to generative AI because it’s the latest tech to capture “people’s imagination and excitement.”
Prominent Analysts Vouch For Crypto As The Banking Stocks Nosedive
Why This Top Financial Expert Is Saying ‘Buy Bitcoin’ Amid Looming Bank Failures
[Apr 28, 2023 12:47 AM] The traditional banking system is facing major challenges, and according to top financial expert Bernstein, Bitcoin (BTC) could be a savior. Bernstein analysts foresee Bitcoin’s long-awaited mainstream adoption could be potentially triggered…
Citi Analysts Predict ‘Near-Perfect Conditions’ for Silver’s Ongoing Bull Market; Experts Suggest $30 an Ounce a Possibility
[Apr 22, 2023 9:30 AM] The price of silver fell 2.85% against the U.S. dollar last week. However, taking a broader perspective, the precious metal has made significant gains this year. Over the past six months, silver has risen more than 29% against the greenback, and as…
Bank of Russia Analysts Note Ditching US Dollar Is ‘Hardly Possible’ Without Structural Changes to Foreign Trade
[Apr 14, 2023 12:00 AM] A report from the research department of the Bank of Russia shows that, due to the structure of foreign trade contracts, it will be difficult to ditch the usage of the U.S. dollar to settle payments. The analysts found that contracts are often…
Ethereum’s Shapella Upgrade to Enable Staking Withdrawals Set to Go Live on April 12
Market Strategist Michael Wilkerson Believes US Inflation Could Rise to 12% by Year-End Despite Predictions of Decrease
[Feb 26, 2023 1:30 PM] While several market strategists and analysts expect U.S. inflation to drop considerably in 2023 compared with last year, Michael Wilkerson, founder of Stormwall Advisors, thinks the inflation rate could climb as high as 12% by the end of this…
Bitcoin price more correlated to FTX developments than macro events: Research
[Feb 9, 2023 10:58 PM] While inflation has an effect on the price of Bitcoin, researchers were bewildered by bitcoins resilience to other macroeconomic factors.
Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say
[Feb 3, 2023 2:00 AM] Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring fees, analysts have predicted. The benefits for consumers using the new digital currency are not that obvious as they may not be…
Coinbase cut costs and bolstered rep, but profits remain challenged: Analysts
[Jan 23, 2023 12:16 AM] Analysts from Moody’s and JPMorgan hailed the exchange for its strong reputation but said it wouldn’t be enough to solve its profitability woes.
Report: Egyptian Pound Reaches New Low Against US Dollar Despite Flexible Exchange Rate Regime
[Jan 16, 2023 12:30 AM] The exchange rate of the Egyptian pound versus the U.S. dollar fell to a new low on Jan. 11 after it tapped 32.14 per greenback. The currency’s latest significant depreciation came just a few months after it adopted a flexible exchange rate…