Bernstein


Markets

Bitcoin Could Hit $1M Within 10 Years, Bernstein Says as It Initiates Coverage of MicroStrategy

The broker assigned the software company an outperform rating and a $2,890 price target.

MicroStrategy Executive Chairman Michael Saylor (CoinDesk)

Markets

Bitcoin and Ether ETF Markets Expected to Grow to $450B: Bernstein

Crypto ETFs could see over $100 billion of inflows in the next two years, the report said.

Scrabble tiles spelling out "ETF GROWTH"

Finance

Bitcoin ETF Slowdown Is a Short-Term Pause Not the Beginning of a Negative Trend: Bernstein

Investment platforms will take some time to establish the necessary compliance framework to sell bitcoin ETF products, the report said.

Time on clock stop by nail delay concept. (Dimj/Shutterstock)

Markets

Bitcoin Miners Have Raked in Abnormal Transaction Fees Since Halving: Bernstein

The spike in network fees was driven by speculative activity to mint new meme tokens following the launch of the Runes protocol, the report said.

Bitcoin miners (Shutterstock)

Markets

Buy Bitcoin Miners' Stocks Ahead of the Halving, Bernstein Says

Bitcoin’s bullish trajectory is expected to resume after the halving once mining hashrates have adjusted to the lower rewards and ETF inflows resume, the report said.

A close-up of one of Riot's mining rigs. (Riot Blockchain)

Markets

Robinhood to Benefit From ‘Monster’ Crypto Cycle, Initiated Outperform by Bernstein

Total crypto market cap is expected to almost triple to $7.5 trillion by 2025, the report said.

Robinhood website on laptop (Unsplash)

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.

Markets

Bernstein Expects DeFi to Make a Big Comeback

Six out of the top 10 revenue-generating protocols are DeFi applications, the report said.

Decentralized finance activity is starting to pick up. (Alina Grubnyak/Unsplash)

Finance

Bernstein Says Buy the Dip in Bitcoin Mining Stocks Ahead of BTC Price 'Inflection'

The broker says it prefers outperform rated mining stocks Riot Platforms (RIOT) and CleanSpark (CLSK).

Bitcoin's price will go up if the SEC approves spot bitcoin ETFs, Matrixport said. (Unsplash)

Markets

Bitcoin Fundamentals Have Never Looked Better: Bernstein

The world’s largest cryptocurrency is expected to benefit from a number of positive catalysts in 2024, the report said.

stepwise increasing stacks of coins pictured against a chart of rising price candles

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