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Analyst Ratings
Bitcoin Miner Iris Rises as Compass Point Upgrades on Potential Boost in Hashrate
Compass Point’s analyst upgraded Iris’ stock to a buy recommendation from a neutral.

Signature Bank’s Crypto Outflows Mitigated by Growth in Core Deposits, Wedbush Says
The bank’s spot deposits fell by $1.64 billion, driven by outflows in digital asset banking of $4.27 billion.

Coinbase Gets Hold-Equivalent Rating From Barclays on Crypto Regulatory Risk
The headwinds are set to continue for the exchange, says the investment bank.

Sell-Side Analysts Trim Targets for Bitcoin Miner Argo Blockchain
Earlier this week, Argo lowered its year-end hashrate outlook from 5 EH/s to 3.2 EH/s.

Bitcoin Miner Marathon Digital Targets Trimmed by Cowen
The bank did lift its share price target to $9, but that remains below the stock's current level of about $14.

Coinbase's Credit Rating Gets Cut by S&P, Which Warns Crypto Winter Might Prompt More Reductions
The agency dropped the crypto exchange giant's rating to BB from BB+, citing "weak earnings" and increasing competition.

Crypto-Exchange Coinbase Stock Is Not Out of the Woods as Market Uncertainty Hovers
Wall Street lacks conviction over whether or not Q2 was the bottom for the platform.

Exchange Coinbase Rallies Ahead of Q2 Results, but Major Questions Remain
Analysts expect trading volumes to have taken another hit, although a recent near-doubling in the stock price suggests markets may have discounted the bad news.

MicroStrategy Shares Surge as Michael Saylor Puts Full Focus on Bitcoin
Company operations will now be led by Phong Le, while Saylor will become executive chairman with sole focus on Bitcoin strategy.

Coinbase’s Stock at Crossroads as Cathie Wood’s Ark Sells Some
The trading platform may need more than just a rally in crypto prices to regain investor confidence.
