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More than 71% of bitcoin supply is now in profit, approaching a level that has typically marked bear-to-bull transitions, Bitfinex said.

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Bernstein sees 31% upside for Robinhood as its new chain tops Solana in fees, generating $33 million over 15 days.

#markets #news #bitcoin #federal reserve #policy #regulation #central banks #equities #token projects #crypto ecosystems #layer 1s #analyst reports

The odds of a September Fed rate hike returned to around 60% following Friday's jobs report, with U.S. inflation data due later this week.

#markets #news #bitcoin #equities #token projects #crypto ecosystems #layer 1s #analyst reports

Glassnode is less convinced by bitcoin's recent divergence from U.S. equities, saying similar moves have previously been short-lived.

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IREN has $4 billion in contracted cloud ARR for 2026 capacity and has secured over $20M in annual revenue per IT megawatt on recent deals.

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Chainalysis estimates at least $457 billion in onchain taxable crypto activity in 2025, with CARF covering only 14%.

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Renewed spot ETF inflows and bitcoin's declining correlation with equities are also constructive signs, according to analysts.

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"Historically, bitcoin's bull markets have 'officially' begun when price crosses above its 365-day moving average," CryptoQuant said.

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Bitwise CIO Matt Hougan said Treasury Secretary Scott Bessent's recent actions provide an additional macro catalyst.

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Bernstein expects bitcoin to reach $150,000 by mid-2027 in its base case, before reaching a cycle peak of around $300,000 in 2029.

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Bernstein says Circle can sustain growth without the Clarity Act as USDC supply rebounds and stablecoin volumes continue expanding.

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U.S. spot bitcoin ETF flows have also rebounded, while Strategy's bitcoin holdings are now back above their average purchase price.

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Mizuho views the company as a "high-growth/recurring revenue business," citing a 27% year-over-year increase in the customer base.

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Bitcoin flattened under $64,000 as flat July PPI and in-line CPI both failed to spark a rally, with Glassnode flagging absent buyers.

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Bitwise CIO sees crypto valuations doubling as decentralized finance apps and protocols adopt revenue-driven token buybacks.

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Bitcoin fell under $64,000 after July CPI matched forecasts at 3.4%, with analysts saying the in-line print keeps the Fed patient.

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Elevated open interest leaves the market exposed to sharper liquidation-driven moves, K33 said, as traders await Wednesday's U.S. CPI report.

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Bitcoin eased toward $64,000 before Wednesday's US CPI report, with analysts split on whether the stall breaks higher or reverses.

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Benchmark sees over 150% upside for Bitdeer as bitcoin mining operations fund its $4.7 billion AI data-center buildout.

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The firm's analysts estimate AI colocation now accounts for 84% of Riot's target enterprise value, versus 11% for bitcoin mining.

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Standard Chartered bets Chainlink owns the rails for tokenized finance, initiating LINK coverage with a $200 target by end-2030.

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Bernstein rates CleanSpark Outperform at $24 on AI lease progress, while keeping MARA at $17 as it awaits its first commercial AI contract.

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Bernstein rates CleanSpark Outperform at $24 on AI lease progress, while keeping MARA at $17 as it awaits its first commercial AI contract.

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Analysts remain bullish on Block following Q2 earnings beat, though Mizuho questioned why spending is rising despite a 40% workforce cut.

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Analysts remain bullish on Block following Q2 earnings beat, though Mizuho questioned why spending is rising despite a 40% workforce cut.

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Bernstein said Circle's partnerships, regulatory approvals, and Arc launch provide additional revenue streams not reflected in estimates.

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Bernstein said Circle's partnerships, regulatory approvals, and Arc launch provide additional revenue streams not reflected in estimates.

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Chainalysis says more than $30M was stolen in violent crypto attacks in 2026 through mid-year, with France the top hotspot.

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Chainalysis says more than $30M was stolen in violent crypto attacks in 2026 through mid-year, with France the top hotspot.

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Bernstein keeps TeraWulf at Outperform after Q2 HPC revenue hit $32M, 71% of total, with Muskie Campus the next growth site.