Signature Bank Downgraded at Jefferies Due to Shrinking Crypto Business

2023-1-9 18:36

The cut to hold by the formerly bullish analyst team comes after the stock has suffered a 67% year-over-year decline.

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decline comes → Результатов: 63


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Sharp Decline in Retail Investments As Bitcoin Braces For Tough Times

Bitcoin has been experiencing a sharp decline in retail investments for 426 days since last year’s great miner migration out of China. According to a recent network analytics report by Glassnode, the decline equates to the retail investor purge experienced for 474 days during the infamous 2018 bear market. This comes even as the Bitcoin […]

2022-9-30 23:28


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Bitcoin Sees Mounting Strength as Next Parabolic Wave Begins

Bitcoin has seen some promising signs of strength throughout the past few days and weeks The cryptocurrency has secured what appears to be a strong foothold above $50,000, which comes as many altcoins show signs of immense strength Where the market trends next will undoubtedly depend largely on whether or not BTC can maintain its present stability Any sharp decline from here could drag the entire market lower and lead to a cascading selloff However, […]

2021-2-19 23:00


Bulls Beware: Ethereum is Breaking a Crucial Trendline for the First Time in Weeks

Ethereum has seen a couple of sharp selloffs throughout the past day, with bears aiming at keeping it below $600 This comes following a strong move higher earlier this week, which allowed the crypto to rally as high as $623 The selling pressure here was intense and caused it to see a sharp decline, from which point forward it has been consolidating Where it trends in the mid-term will largely depend on its continued reaction […]

2020-11-26 00:00


Ampleforth (AMPL) Freefalls After Breaking Below $1; Will it Continue Dropping?

Ampleforth is currently caught in the throes of an intense downtrend that has caused it to decline significantly This comes as its economic structure begins having adverse impacts on its price action Analysts are widely noting that this sort of price decline is essentially by design, due to its elastic circulating supply Despite being designed to trade around $1 – a level that it has since broken below – it may not see a sharp […]

2020-7-31 23:00


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Bitcoin Just Broke a Crucial Level, Opening the Gates for a Move to $7,000

Bitcoin and the aggregated cryptocurrency market are currently flashing some signs of weakness This comes close on the heels of yesterday’s widespread Twitter breach that caused many major accounts to shill a scam in which they requested Bitcoin from their followers Although this certainly isn’t bad for Bitcoin from a technical or fundamental perspective, it may degrade the public’s trust in the digital asset Some analysts are now noting that the latest decline has caused […]

2020-7-17 21:00


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Bitcoin is Flashing Signs of Weakness as It Trades Below Crucial Level

After another failed breakout attempt, Bitcoin is once again hovering just above its crucial $9,200 support The entire crypto market is currently expressing some signs of weakness This weakness may be rooted in BTC’s decline beneath what one analyst is describing as a crucial level He notes that a daily close beneath $9,230 would make a compelling case that further downside is imminent This comes as multiple technical indicators all point to an imminent surge […]

2020-7-15 02:00


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Bitcoin at Grave Risk of Cratering to $7,400 as it Taps Multi-Month Trendline

Bitcoin is flashing some signs of weakness as it navigates towards the lower boundary of a trading range that has been firmly established over the past couple of weeks The crypto’s current weakness comes after a failed attempt by buyers to propel it towards $10,000 This decline has also led BTC down to a multi-month ascending trendline that has been guiding its price higher If it breaks below this level, analysts warn that it could […]

2020-6-8 22:00


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Ethereum Forms “Compelling” Bearish Reversal Pattern; Here’s What Could Invalidate It

An overnight decline seen by the aggregated crypto market appears to have bolstered the possibility that Ethereum is forming a potent head and shoulders (H&S) pattern This comes as analysts note that they foresee its recent highs to mark a local top It is important to note that there is one upcoming event that could be a catalyst for further bullishness One trader believes this event will help ETH establish a mid-term uptrend in the […]

2020-6-6 23:00


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Bitcoin Analysts Eye Move to $7,000 Region as Support Begins Dissolving

Bitcoin has faced some mounting downwards pressure today that has led it to its key support within the lower-$9,000 region This downtrend comes after a series of strong rejections at $10,000, and was triggered by news of a 2009 BTC wallet moving crypto around This decline has led the crypto to invalidate a previously bullish technical formation, and analysts are now expecting it to see further downside in the days ahead Bitcoin is rapidly approaching […]

2020-5-22 02:00


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Bitcoin Exchange Balances are Down $3 Billion from Mid-March; What This Could Mean

Bitcoin has entered a firm bout of sideways trading as it struggles to garner any notable near-term momentum This comes shortly after its latest rejection at $9,900, which confirmed that the heavy resistance around $10,000 may prove to be insurmountable This short-term volatility doesn’t seem to be phasing investors, as data shows that exchanges have seen a balance decline of $3 billion worth of BTC since March 12th Bitcoin and the aggregated cryptocurrency market have […]

2020-5-17 19:00


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“Simple Geometry” Shows Bitcoin is Bound to Drop Despite Healthy Consolidation

Bitcoin has stabilized above $7,500 following yesterday’s upswing Analysts are now noting that a confluence of factors suggest BTC will decline slightly before finding enough support to catalyze continuance of this uptrend This comes after a period that some traders have described as “healthy consolidation” Bitcoin has been able to maintain all of its recent gains overnight, as the benchmark cryptocurrency has begun stabilizing above the $7,500 region even in spite of the strength of […]

2020-4-26 21:00