XRP has had a rough stretch. The token is on pace to close its fifth straight month in the red, a run …
Analysts
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Markets
Bitcoin snaps back near $69,000 but analysts warn the market may not be out of the woods yet
by shayaanby shayaanCrypto rebounds sharply from Tuesday’s lows, yet traders question whether the move marks a lasting turn or another range-bound bounce. www.coindesk.com
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Finance
Crypto custodian BitGo a potential acquisition target for Wall Street firms, analysts say
by shayaanby shayaanWall Street analysts are betting that BitGo’s push into full-service institutional crypto finance will not only fuel long-term growth but also position …
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Markets
After Extreme Pessimism, Crypto Market Conditions Begin To Stabilize: Analysts
by shayaanby shayaanCrypto markets are leaning toward their quietest mood in years, and some analysts say that could be the signal sellers have run …
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Scams
Coinbase Stock Surges After Q4 Miss as Analysts Call It ‘Too Cheap to Sell’
by shayaanby shayaanIn brief Bernstein analysts maintained a $440 price target for Coinbase. The exchange’s shares have tumbled nearly 50% in six months. The …
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Markets
Wall Street analysts cut Coinbase price targets following Q4 earnings miss
by shayaanby shayaanJPMorgan said weak crypto markets pressured fourth-quarter results, but backs Coinbase’s strategy of investing through the cycle and returning capital via buybacks. …
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Scams
Bitcoin Is Down Bad, But Hasn’t Yet Hit Its ‘Ultimate Bear Market Bottom’: Analysts
by shayaanby shayaanIn brief Bitcoin’s “ultimate bear market bottom” is $55,000, according to a new report from CryptoQuant. The firm’s market indicator also sits …
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As the crypto market recovers, Solana (SOL) has bounced from a major level trendline and momentarily reclaimed a key horizontal level. Some …
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Markets
Wall Street analysts slash Coinbase price targets after Q4 miss — but shares rally
by shayaanby shayaanBarclays, Benchmark, Clear Street, and JPMorgan all cut targets, citing weak retail trading and macro headwinds. www.coindesk.com
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Markets
Bitcoin’s $2.3 Billion Wipeout Marks Harshest Crash In 4 Years: Analysts
by shayaanby shayaanThe recent slide of Bitcoin has punched a hole in short-term holders’ wallets and left loud questions about where prices might settle …