Bernstein


Markets

Bitcoin, Crypto-Related Stocks Are Ripe for Institutional Adoption: Bernstein

Spot bitcoin ETFs are expected to be approved by major wirehouses and large private bank platforms in the third and fourth quarters, the report said.

Bernstein forecasts new crypto cycle ( Hans Eiskonen/Unsplash)

Markets

MicroStrategy Is Pioneering Bitcoin Capital Markets, Bernstein Says

Michael Saylor’s firm is the only corporation that has developed institutional demand for bitcoin linked convertibles, the report said.

MicroStrategy attempted to make its case as the superior alternative in a fourth quarter earnings presentation to shareholders. (Source: MicroStrategy)

Markets

First Mover: Bitcoin Struggles Near $67,000 as Cryptos Lag Behind Stocks

The latest price moves in crypto markets in context for June 14, 2024.

Bitcoin price on June 14 (CoinDesk)

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.

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