Shares of Coinbase (COIN) experienced a 6% increase on Friday following an upgrade in the stock rating by investment bank Oppenheimer. The bank raised the rating from “perform” to “outperform” and set a price target of $160 per share. Oppenheimer analyst Owen …
Bitcoin (BTC) has yet to hit its local bottom, according to Chris Burniske, a partner at venture capital firm Placeholder and former crypto lead at Ark Invest. Burniske predicts that the price of Bitcoin could drop to at least the $30,000-$36,000 range, …
Miners Lead the Way as Crypto-Linked Stocks Rally with Bitcoin Price Increase On Friday, miners took the lead in the crypto market’s outperformance, with Cipher Mining (CIFR), Mawson (MIGI), and Core Scientific (CORZ) among the biggest gainers. This surge in mining stocks …
The BlackRock iShares Bitcoin ETF (IBIT) has become the first spot bitcoin product to reach $2 billion in assets under management (AUM). This milestone does not include Grayscale’s GBTC, which had nearly $30 billion in AUM at the time of its conversion …
The launch of spot bitcoin exchange-traded funds (ETFs) has been highly anticipated in the cryptocurrency industry. However, despite the initial excitement, the approval of these products by the U.S. Securities and Exchange Commission (SEC) has actually caused a decline in the price …
believe that DAOs are the next major hub for coordinated extremism online, you are likely misinformed. This is the argument put forth by an article published by Wired, which alleges that DAOs (Decentralized Autonomous Organizations) could become the platform for neo-Nazis, jihadists, …
nitially tried opening a Lightning channel by sending on-chain bitcoin. This method involves transferring bitcoin from a regular Bitcoin wallet to the Lightning wallet. While this method is straightforward, it requires a transaction on the Bitcoin blockchain, which can be time-consuming and …
the outcome of the Manta token airdrop. Brunet reportedly lost the bet, as the airdrop was indeed disappointing. The incident highlights the risks and uncertainties associated with airdrops in the blockchain industry. Moving on to other news, Ripple Labs CTO David Schwartz …
be a long and complex process. The lack of a clear consensus on how to regulate cryptocurrencies has been a recurring theme in recent court hearings involving the U.S. Securities and Exchange Commission (SEC) and crypto exchanges Coinbase and Binance. In a …
Crypto asset manager Bitwise has become the first of the ten spot bitcoin exchange-traded fund (ETF) issuers to publicly share its digital wallet address. The San Francisco-based firm tweeted a screenshot showing the Bitwise Bitcoin ETF’s (BITB) bitcoin address, along with its …