Bitcoin clears $56k as spot ETFs see sustained inflows
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Singular Research Starts Coinbase Global Inc. (COIN) at Buy, 'Accelerating Web3 Adoption'
February 28, 2024 11:05 AM ESTSingular Research analyst Edward Engel initiates coverage on Coinbase Global Inc. (NASDAQ: COIN) with a Buy rating and a price target of $263.00.
The analyst comments "COINs 4Q23 revenue increased 41% QoQ alongside a broader rebound in crypto prices. Yet cryptos recovery has... More
Bitcoin rally continues: Price climbs above $60k for the first time since November 2021
February 28, 2024 10:41 AM ESTThe price of bitcoin has pushed above the $60,000 mark during the US session on Wednesday, the first time it has risen above the level since November 2021.
There has been a strong rally in the cryptocurrency this week, driven by strong inflows into US-based ETFs, which has been noted... More
Bernstein digital asset portfolio outperforming Bitcoin for first time
February 27, 2024 5:00 PM ESTBernstein said Tuesday that its digital asset portfolio is outperforming Bitcoin for the first time as the crypto rally momentum continues.
According to analysts at the firm, the Bernstein Digital asset portfolio is up 94% (since the July 31, 2023 inception). Meanwhile, Bitcoin is up 77% in the same period.... More
Updated Bitcoin prices outlook for 2024
February 27, 2024 1:44 PM ESTWith the price of Bitcoin on the rise once again, cryptocurrency is once again becoming a key talking point amongst investors and analyst
Bitcoin prices
After sizeable gains over the last few weeks, Bitcoin has continued to push higher this week, topping $57,000 on Tuesday. The latest move saw it reach its highest level since November 2021.
For the year-to-date, the premier cryptocurrency has risen 35%, while Tuesdays more than 4% gains (so far) add to its over 142% climb in the last 12 months.
Research firm Compass Point said in a recent note that BTC... More
Microstrategy (MSTR) initiated with buy rating at Benchmark on $125k Bitcoin forecast
February 27, 2024 12:53 PM ESTMicrostrategy, Inc. (NASDAQ: MSTR) was initiated with a Buy rating and $990 per share price target at Benchmark in a note to clients from the firm on Tuesday.
They stated the stock is a timely play for the upcoming Bitcoin halving. The firm's price target for the stock is based on its assumption that the price of bitcoin will reach... More
