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Wall Street
Crypto Exchange Coinbase Assigned Sell-Equivalent Stock Rating by Wells Fargo on Competition Risk
Wells Fargo rated Coinbase as underweight and said it will face headwinds in its path to sustaining profitability.
Wall Street Bank CEOs Tell Congress They’re Unlikely to Finance Crypto Miners
The chief executives of Citigroup, Bank of America and Wells Fargo were questioned Wednesday at a congressional hearing.
EDX Markets CEO: Nasdaq Push Into Crypto ‘Great Development’ for the Market
Financial heavyweights including Charles Schwab (SCHW), Citadel Securities and Fidelity Investments announced the start of cryptocurrency exchange EDX Markets. Jamil Nazarali, former executive at Citadel Securities who will be leading the exchange, joins “First Mover” to discuss Wall Street’s move toward digital assets and the increasing institutional interest in the crypto world.
Bitcoin Miner Iris Rises as Compass Point Upgrades on Potential Boost in Hashrate
Compass Point’s analyst upgraded Iris’ stock to a buy recommendation from a neutral.
Traditional Finance Giants Start Crypto Exchange EDX Markets
Financial heavyweights including Charles Schwab (SCHW), Citadel Securities and Fidelity Investments announced the start of cryptocurrency exchange EDX Markets. “The Hash” hosts discuss how Wall Street is forging ahead in crypto despite the market downturn and what this means for mainstream adoption.
Wall Street Titans' New Crypto Exchange Aims to Seriously Cut Costs for Investors
EDX Markets, backed by major trading and investment firms like Schwab and Citadel Securities, will initially offer only a handful of cryptocurrencies such as bitcoin.
‘Wall Street’ Doesn’t Need Bitcoin; Bitcoin Doesn’t Need ‘Wall Street’
... Or any other institutions for that matter.
Coinbase Gets Hold-Equivalent Rating From Barclays on Crypto Regulatory Risk
The headwinds are set to continue for the exchange, says the investment bank.
Investment Bank Cowen Nabs 2 Crypto Hires for Digital Asset Team
Cowen's crypto-focused hires come after the bank launched its digital asset division this year.