Strategy's larger cash reserves and improving institutional demand in bitcoin futures are "encouraging signs" for bitcoin, JPMorgan said.
"Within the next few years the majority of money will live and move on blockchain in one form or another," according to Polygon Labs.
Separately, Securitize announced a partnership with Cantor Fitzgerald to support blockchain-based IPOs and secondary offerings.
The firm seeks to offer tokenized long-term investments like "Treasury funds, iShares ETFs, and even private markets."
William Blair expects Coinbase's earnings to bottom in the second half of 2026 before rebounding next year.
Bitmine generated $45.7 million from Ethereum staking, which accounted for 98% of quarterly revenue as the company expanded MAVAN.
Mizuho downgraded the stock and JPMorgan lowered earnings estimates, citing concerns that USDC is coming under pressure.
Benchmark raised Hut 8's target to $165, citing $16.8 billion in AI data center contracts and Beacon Point commercialization.
Analysts from Benchmark and TD Cowen maintained Buy ratings and price targets of $570 and $260, respectively.
Standard Chartered forecasts Morpho at $60 by 2030, citing vault growth, TradFi adoption and a projected 37x DeFi expansion.
According to the investment firm, Hyperliquid's user base grew from roughly 300,000 to 923,000 during 2025.
Franklin has filed for two new ETFs that would reinvest stock dividends into BTC, with an expected effective date as early as Sept. 1, 2026.
Strategy's preferred STRC stock closed again under $90 for the second consecutive day at $88.59, having drifted as low as $82.50.
Bitcoin holds near $64,000 as BTC ETFs post an $82.2 million net outflow, and Glassnode said improving liquidity may be forming a floor.
The trades came as Coinbase's stock closed down 2.57% at $164.92 on Wednesday, while Robinhood gained 8.78%.
Coinbase is preparing an offshore tokenized equities push that would use 1:1 backed stock tokens rather than simple synthetic exposure.
BTC trades below $65K, with the Fed expected to hold rates while inflation sits near a three-year high ahead of Warsh's first FOMC meeting.
Benchmark reiterated its Buy rating on Coinbase, citing an expansive product rollout pushing it beyond a "cyclical crypto brokerage."
K33 said stabilizing conditions and trading activity falling back to yearly lows reflect a market where holders are reluctant to sell.
Both rivals like Robinhood and Kraken and traditional financial institutions have shown an interest in offering tokenized shares.
Bitcoin held above $66,000 after the Iran truce as HYPE hit a fresh ATH above $76, but Wintermute and Bitfinex flagged thin ETF conviction.
Bitwise CIO Matt Hougan said Galaxy, NYDIG, and Standard Chartered disagree on bitcoin's bottom, but all three expect another bull cycle.
Benchmark said the SEC's proposal last week to rescind Rules 611 and 610(e) is the year's "most consequential" U.S. crypto rule.
Bernstein projects Robinhood’s prediction market revenue to increase from $150 million in 2025 to $586 million in 2026.
The rally reflected improving risk sentiment following reports that the U.S. and Iran have reached a peace agreement, analysts said.
Bitwise's Dragosch sees up to 20% more bitcoin downside, with the long-term holder cost basis at $48,000 the "max pain" scenario.
The company intends to accelerate the growth of the Avalanche ecosystem and plans to acquire over $1 billion worth of AVAX over time.
Figure said moving Kiavi assets onchain could reduce costs while maintaining a capital-light, high-margin business model.
SpaceX setting aside up to 30% of IPO shares for retail investors could prompt investors to exit crypto assets like Bitcoin and Ethereum.
Fold Holdings shares surged over 70% as the bitcoin fintech firm paid off its collaterized debt in full through a $45 million bitcoin sale.