Upcoming U.S. policy changes, 401(k) access, and pro-crypto regulatory momentum create a stronger medium-term backdrop for bitcoin, K33 said.
American Bitcoin co-founder Eric Trump said volatility was expected from the expiration and that he will hold onto his shares.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Sacks' legal team claimed the outlet ignored ethics guidance and relied on debunked allegations to sustain a predetermined narrative.
Analysts pointed to Coinbase's expanding product lines, token launches, and new consumer apps as examples of "transformative" shifts.
The inflows marked a rebound following a four-week negative streak totaling $5.7 billion, but came ahead of the latest market slump on Monday.
Bitcoin's underperformance to equities signals a disconnect from fundamentals, making it a strong relative buy, K33's Vetle Lunde said.
The Bernstein analysts also expect Coinbase to unveil its own prediction-markets platform at its Dec. 17 event.
With JPMorgan's instrument, investors get a chance at a 1.5x upside, a fixed return if IBIT is flat in a year, and some downside protection.
Benchmark says W3C gives Exodus meaningful card-issuing scale that could drive longer-term growth.
TD Cowen analysts still expect Strategy (MSTR) to outperform if bitcoin recovers and maintain their $535 price target.
"Amid ongoing market uncertainty, demand for deeply liquid, regulated crypto risk management tools is accelerating," CME Group said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin ETF outflows are still heavy, but analysts say long-term holders are quietly accumulating while traders reset positions.
JPM's update leans on miners’ ability to convert power assets into long-term HPC revenue, with several expected to flip capacity by 2026.
The four-week negative streak now totals $4.9 billion — the third largest since 2018, Head of Research James Butterfill said.
ETH is trading around $2,730 on Friday, indicating BitMine’s multiple to Net Asset Value has fallen below 1.0x.
Strategy, the Bitcoin treasury pioneer (ticker MSTR) is currently included in major indices such as the Nasdaq-100, MSCI USA, and MSCI World.
Retail investors have sold about $4 billion of spot BTC and ETH ETFs in November — the main driver of the latest crypto market correction.
Strategy could see about $2.8B in outflows if MSCI removes it from its indices, and another $8.8B if other index providers follow.
Nvidia reported Q3 earnings and guidance above expectations, sending both the price of Bitcoin and mining stocks higher late Wednesday.
Analysts say growing adoption of Cash App credit features and early improvements at Square could help support the company’s forecast.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Cantor analysts lowered their price target for Bullish shares to $56 from $59, though maintained their overweight rating.
Perpetual futures traders have rapidly added leverage during bitcoin's decline, forming a setup K33 says has preceded further drawdowns.
Hougan argues that rising institutional demand for that service underpins Bitcoin's long-term trajectory despite market pullback concerns.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Coinbase is entering the token launch space, a marked shift in business strategy — could the move usher in a new ICO wave?
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
TD Cowen analysts said potential catalysts like possible S&P 500 inclusion and clearer U.S. bitcoin rules could help steady investor demand.