News with the tag "analyst"

The popular Bitcoin treasury strategy, adopted by numerous firms to hold the digital asset as a reserve, may face a significantly shorter lifespan than many anticipate, especially for new market entrants. This warning comes from James Check, lead analyst at Glassnode, who suggests that the era of ea...

Ethereum (ETH) is showing signs of entering a highly anticipated “liftoff” phase, according to some crypto analysts, who are utilizing the Wyckoff Accumulation pattern to predict a potential parabolic price surge. Despite recent fluctuations, with ETH trading in the mid-$2,500 range, a significant s...

Crypto exchange Coinbase (COIN) is moving beyond its role as a USDC distributor, positioning itself as a key driver of stablecoin adoption across payments and financial services, Wall Street broker Bernstein said in a research report Wednesday. The company recently launched Coinbase Payments , built...

Circle (CRCL) has the opportunity to be a prime facilitator of stablecoin adoption, Wall Street bank Citigroup said in a research report Monday assuming coverage of the stock. Despite the stock's outsized rally since going public, Circle's valuation is not stretched, the report said. The stablecoin ...

The cryptocurrency market is abuzz with heightened anticipation as leading Bloomberg ETF analysts, James Seyffart and Eric Balchunas, have significantly raised the approval odds for spot Exchange-Traded Funds (ETFs) tracking Solana (SOL), Litecoin (LTC), and XRP. Their latest assessment puts the pro...

Benchmark analyst Mark Palmer initiated coverage of Metaplanet (3350.T) with a buy rating and a ¥2,400 price target, calling the company "Japan's answer to MSTR" due its aggressive bitcoin (BTC) acquisition strategy. That's about 50% upside from the stock's close of ¥1,650 overnight. ADRs for the sh...