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Stocks
Bitcoin’s Near 40% Slide Weighs on Crypto Stocks While Coinbase Outperforms
Some institutions use crypto equities as a proxy for cryptocurrencies, one value investor said.
Crypto Miners Are Better Investments Than Bitcoin Even After Sell-Off: Analysts
Wall Street analysts see “compelling” opportunities in the stocks of miners as sell-off is not driven by fundamentals.
Bitcoin Slides Toward $46K, Dropping Alongside US Stock Market
New data on bitcoin's price chart over the past week reveals bitcoin fell for a second straight day, touching its lowest price in nearly two weeks. This comes as a barrage of bearish factors hitting cryptocurrencies and risky traditional market assets like stocks. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bakkt Shares Fall After Crypto Firm Posts Third-Quarter Loss
The digital asset exchange said it had a loss in the third quarter, though revenue rose from last year’s third quarter.
Crypto Mining Stocks Rally After Bitcoin Surges Near Record, Ether Hits All-Time High
Monday’s gain in bitcoin and ether prices spurred crypto mining stocks such as Marathon Digital and Riot Blockchain to rise sharply.
Coinbase’s Q3 Crypto Trading Volumes to Be Key for Investors, Analysts Say
The largest U.S. cryptocurrency exchange has said investors should expect lower trading volume in the third quarter, given the decline in crypto prices during that period.
Greenidge Outperforms Peers as B. Riley Analyst Sees Higher Earnings Potential
The analyst raised the crypto miner’s 12-month price target to $82 from $78 and 2022 earnings estimates.
Citi Starts Coverage of Coinbase With $415 Price Target, Says ‘Buy Crypto’s General Store’
The bank’s Coinbase target is 27% higher than Monday’s closing price.
These 10 Stocks With Digital Asset Exposure Have Bullish Charts, BofA Says
Bank of America sees upside to stocks including Advanced Micro Devices, American Express and Exelon.
Hive Leads Crypto Mining Stocks Higher as Bitcoin Hits All-Time High
Shares of crypto miners continue to rally as bitcoin moves further into record territory.
