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Coinbase stock could tank 35% despite Bitcoin ETF approval – analyst says

2024 will likely be “a more challenging year” for Coinbase Global Inc (NASDAQ: COIN), says Kenneth Worthington – a JPMorgan analyst. Coinbase stock has downside to $80 Worthington downgraded the crypto company this morning to “underweight” and said its shares could tank to $80 – which suggests more than a 35% downside from here.   […] дальше »

2024-1-24 17:01


Why Bitcoin Investors Should Hold Their BTC Positions Despite Post-Spot ETF Approval Price Dump

Cryptocurrency investor Ash Crypto (@Ashcryptoreal on Twitter) recently posted an analysis on Twitter explaining why Bitcoin holders should hold onto their BTC despite the recent price drop. He argues that the dump has been driven primarily by outflows from the Grayscale Bitcoin Trust (GBTC) and that money will likely rotate into new Bitcoin spot ETFs […] The post Why Bitcoin Investors Should Hold Their BTC Positions Despite Post-Spot ETF Approval Price Dump appeared first on CaptainAltcoin. дальше »

2024-1-14 10:33


The Real Reason Behind Matrixport’s Dire Bitcoin ETF Predictions

Earlier today, Matrixport published a report predicting that the SEC would reject all Bitcoin ETF applications in January, causing Bitcoin’s price to plunge 9% within an hour. However, well-respected ETF analysts James Seyffart and Eric Balchunas from Bloomberg have countered Matrixport’s justification, arguing that ETF approval is actually highly likely. дальше »

2024-1-3 16:30