Analysts


Markets

Ether ETFs Are Unlikely to Be Approved in May: Standard Chartered

The bank reiterated its year-end bitcoin and ether targets of $150,000 and $8,000, respectively.

SEC headquarters in Washington, D.C. (Nikhilesh De/CoinDesk)

Finance

Galaxy Digital's Strong Earnings Will Carry Into Current Quarter, Analyst Says

Improved crypto market conditions due to anticipation of spot bitcoin ETF approval helped boost earnings, Stifel Canada said in a report.

Mike Novogratz, Founder and CEO, Galaxy Digital (Shutterstock/CoinDesk)

Finance

Bitcoin Miner Bitdeer Is 'Differentiated' From Peers, Shares Are Cheap: Benchmark

The miner's stock appears undervalued given the wide gap between the company’s valuation and its growth prospects, the report said.

(Bitdeer Group)

Finance

MicroStrategy ‘Not Resting on Its Laurels’ as Bitcoin Hits All-Time High: Canaccord

The investment bank almost doubled its price target on the stock to $1,810 from $975, highest among Wall Street analysts.

MicroStrategy Executive Chairman Michael Saylor (Getty Images)

Finance

Bernstein Is 'Now More Convinced' That Bitcoin Will Hit $150K After Massive Rally

Spot bitcoin ETF inflows have surpassed expectations, the broker said in the report.

Bulls against a background of snow.

Finance

Bitcoin Soared to an All-Time High. So Why Aren't Miners Blasting Off, Too?

One explanation: Investors are pouring money into spot ETFs while avoiding miners due to risks related to the Bitcoin halving.

16:9CROP Miners (Library of Congress)

Finance

Bitcoin Could Slide to $42K After Halving Hype Subsides, JPMorgan Says

The bitcoin production cost has historically acted as a lower boundary to the cryptocurrency’s price, the report said.

A bear looking at the trees. (Olen Gandy, Unsplash)

Finance

Bitcoin Miner Marathon's Shares Outperform Peers Ahead of Possible 'Strong' Earnings Report

The miner is expected to report a "strong acceleration in Q/Q revenue growth" due to the rally in bitcoin prices, a Jefferies analyst said.

Marathon Digital CEO Fred Thiel (CoinDesk)

Finance

Ether's Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein

The amount of ether held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up for DeFi, the report said.

Ethereum co-founder Vitalik Buterin. (CoinDesk)

Finance

Retail Investors Were Likely Behind The Crypto Market Rally in February, JPMorgan Says

Increased retail activity comes ahead of the three main catalysts in the coming months: the bitcoin halving, the Dencun upgrade of the Ethereum blockchain and the potential approval of spot ether ETFs, the report said.

(Shutterstock)