Riot Blockchain (RIOT), Other Bitcoin-Related Stocks Climb Pre-Open

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Coinbase (COIN) Upgraded at Daiwa On Ability to Diversify Revenue

September 9, 2022 10:00 AM EDT

Shares of Coinbase (NASDAQ: COIN) were upgraded to Buy from Outperform by Daiwa analyst Carlton Lai on Friday, with the firm's price target on the stock kept at $100 per share.

The firm upgraded the stock after the recent share-price retracement, with... More

Bitcoin leaps above $21,000 as U.S. dollar sags

September 9, 2022 3:46 AM EDT

SINGAPORE (Reuters) - Bitcoin surged past the $20,000 barrier and was potentially heading for its best day in six months on Friday as the U.S. dollar fell broadly and markets found reasons to be cheerful at the end of a dour week.

Bitcoin, the biggest cryptocurrency by market value, rose more than 9% to $21,254, a two-week high. If it holds, the daily percentage gain would be the largest... More