Analysts
Bitcoin Could Drop Further to as Low as $50K, Standard Chartered Says
The cryptocurrency is now trading below the average spot ETF purchase price of about $58K, and this could trigger liquidations, the bank said in a report.
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.
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.
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.
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.
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.
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.
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.
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.
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.
