Coinbase Analysts Turn More Bullish on Crypto Exchange After Earnings Beat; Shares Climb
Higher crypto prices will have a positive effect on the exchange’s revenue, the analysts said.
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How Bitcoin Benefits From Global Stresses
An asset that gains from disorder is surely worth having in one’s portfolio, says Jennifer Murphy, CEO of Rune Digital Assets.
How the ‘Halving’ Could Impact Bitcoin
Bitcoin halvings have generally been good for the network. But price increases have decreased over time, says Todd Groth, head of research at CoinDesk Indices.
JPMorgan Survey Shows Over Half of Institutional Traders Don’t Want Crypto Exposure
The bank’s survey of over 4,000 traders found that 78% of the participants do not plan to trade cryptocurrencies, while just 12% plan to do so in the next five years.
Whales Grab $50M in Chainlink’s LINK as Price Climbs 40% in a Month
LINK is one of the year’s top-performing tokens, driven largely by hype around the tokenization of real-world assets.
Bitcoin ETFs See $700M Net Inflows as BlackRock, Fidelity Gains Offset GBTC Outflows: CoinShares
New U.S. bitcoin ETFs have amassed $7.7 billion in funds since debut, offsetting the $6 billion outflows from incumbents, according to CoinShares veri.
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Chainlink’s LINK Token Taps 22-Month High of $18, Ending Three-Month Breather
Analysts consider LINK as the safest bet to profit from the tokenization narrative.
Tether Reports Record $2.85B Profit as Biggest Stablecoin Nears $100B Market Cap
The stablecoin issuer held over $5.4 billion in excess reserves as of 2023 year-end, according to its latest attestation.
dYdX Foundation Requests $30M Budget, Pledges to Issue Annual Spending Report
The Foundation wants to preserve an 18-month runway through at least mid-2026.