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Stocks
Crypto Mining Stocks Rally After Bitcoin Surges Near Record, Ether Hits All-Time High
Monday’s gain in bitcoin and ether prices spurred crypto mining stocks such as Marathon Digital and Riot Blockchain to rise sharply.
Coinbase’s Q3 Crypto Trading Volumes to Be Key for Investors, Analysts Say
The largest U.S. cryptocurrency exchange has said investors should expect lower trading volume in the third quarter, given the decline in crypto prices during that period.
Greenidge Outperforms Peers as B. Riley Analyst Sees Higher Earnings Potential
The analyst raised the crypto miner’s 12-month price target to $82 from $78 and 2022 earnings estimates.
Citi Starts Coverage of Coinbase With $415 Price Target, Says ‘Buy Crypto’s General Store’
The bank’s Coinbase target is 27% higher than Monday’s closing price.
These 10 Stocks With Digital Asset Exposure Have Bullish Charts, BofA Says
Bank of America sees upside to stocks including Advanced Micro Devices, American Express and Exelon.
Hive Leads Crypto Mining Stocks Higher as Bitcoin Hits All-Time High
Shares of crypto miners continue to rally as bitcoin moves further into record territory.
Market Wrap: Bitcoin Recovering Faster Than Equities as Buyers Remain Active
By contrast, the S&P 500 is down about 4% from an all-time high in September.
Coinbase Rated Underperform in New Coverage on Lack of ‘Crypto Innovation’
Autonomous Research gave COIN a $160 price target in contrast to the much more bullish estimates from other firms.
Market Wrap: Analysts Expect Higher Bitcoin Trading Volume in October
Unlike with the S&P 500, bitcoin’s correlation with commodities has continued to decline over the past few months, mostly due to the steady rise in oil and gas prices.
Market Wrap: Traders Seek Protection as Crypto and Stocks Dip on US Debt Ceiling Impasse
Bitcoin and other cryptocurrencies were lower on the threat of yet another federal government shutdown.
