The brokerage firm lifted its rating on the crypto exchange’s shares to market perform from underperform.
Robinhood crypto trading rises 75% in Nov, CEO tips ‘9 figures' in revenue
The trading platform posted a sharp rise in monthly crypto trading volumes in November, while CEO Vlad Tenev said he hopes to eventually reel in “nine figures” in annual revenue.
MicroStrategy Shares Offer Better Exposure to Crypto Than Coinbase: Berenberg
Macro drivers of demand for bitcoin are bullish for MicroStrategy shares, the report said.
MicroStrategy Is Uniquely Positioned to Benefit From Rising Bitcoin Price: Berenberg
The bank initiated coverage of the stock with a buy rating and a $430 price target, implying 40% potential upside.
Crypto-Related Stocks Drop Alongside Bitcoin on CFTC Binance Suit
Shares of rival crypto exchange Coinbase fell by the most since Wednesday.
Bitcoin Holds Firm Above $28K, Equities Rise Amid Banking Sector Rebound
The FOMC will announce its next interest rate decision on Wednesday with markets betting squarely on a 25 basis point rate increase.
Bitcoin Holds Strong Over $23.6K to Continue Recent Consolidation
DeFi giant Maker’s MKR token surged nearly 19%. Equities turned mixed amid ongoing investor worries about inflation.
What Fat Tails and Revolutionary Ages Mean for Digital Assets
Stock market returns are overwhelmingly driven by a small group of winners. Jennifer Murphy, CEO of Runa Digital Assets, expects the same trend in digital assets.
Crypto Long & Short: Sorting Out Bitcoin’s P/E Ratio
This week, Glenn Williams Jr. taps his equity research analyst background – the land of price-to-earnings ratios and other valuation techniques – to sort out whether bitcoin is under- or overvalued. Then, Jennifer Murphy, the CEO of Runa Digital Assets, puts digital assets into very broad historical context (the year 1771 gets a mention) and explains how just a few winners tend to drive markets over the long-haul.
Bitcoin traders say $34K was the bottom, but data says it’s too early to tell
Bitcoin traders say the bottom is in, but it’s important to also consider BTC’s correlation to equities markets.
Market Wrap: Bitcoin Flat at $37K as Investors Tangle With Bulls and Bears
Positive news from El Salvador couldn’t completely overcome negative news out of China.
Market Wrap: Bullish Basel News Causes BTC Jump to Week-High $38K Level; ETH Slips
Bitcoin busted out a quick 5% gain early Thursday on positive news from that continent before losing some steam.
Market Wrap: Bitcoin in Tight $35K-$36K Range; Ether Volumes Still Beating BTC
Ether’s dominance is at 19.78%, the highest it has been since May 16.
Market Wrap: Bitcoin Falls for Second Straight Day After Tesla Action; Ether Follows
“What saddens me is the way the weak hands and recent buyers see Elon Musk as a prophet, powerhouse and decisive figure in bitcoin,” said one trader.
Market Wrap: Yearn, EOS Rise Over 30% While Ether and Bitcoin Eke Out Small Gains
The DeFi-related assets have grown by double digits so far this year.
Market Wrap: Stellar, ICP Pop as Altcoin Season Takes Ether to Fresh High
Jed McCaleb’s stellar token rides the altcoin wave as ether pushes to new levels.
Market Wrap: Bitcoin Hits Record $48.2K as CME Ether Futures at $33M Volume on First Day
With all this bullish bitcoin activity, the ETH/BTC pair has gone bearish, a sign traders are selling ether for bitcoin.
Market Wrap: The ‘Elon Effect’ Blasts Bitcoin to $44.8K While Ether Moons
Bitcoin and ether had record-breaking days while trending more together.
Market Wrap: Bitcoin Rises to $38.3K While Ether’s New High Takes Spotlight
DeFi and the prospect of trading futures have crypto investors scooping up ETH.
Market Wrap: Bitcoin Drops to $36.3K as DeFi Jumps to $32B on Ether FOMO
The amount of crypto in USD values locked in decentralized finance has reached $32.8 billion, a new high.