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Wall Street analysts slash Coinbase price targets after Q4 miss — but shares rally

Wall Street analysts have reduced their price targets for Coinbase following the company's disappointing fourth-quarter earnings report. Despite the lowered expectations, Coinbase's shares experienced a rally, indicating investor optimism. Analysts cited concerns over trading volumes and market conditions as factors influencing their revised targets. However, the stock's rebound suggests that investors may be looking beyond the short-term challenges. Overall, the mixed reactions highlight the volatility and uncertainty in the cryptocurrency market.

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Bitcoin Bounces to $69K, But Charts Are Still Bearish: Analysis

Bitcoin has surged to $69,000, marking a significant rebound in its price. Despite this increase, analysts indicate that the overall market sentiment remains bearish, as technical charts suggest potential downward trends. Key resistance levels are being closely monitored, with concerns about sustainability of the recent gains. Market participants are

Clarity Act Passage Would 'Comfort' Markets Amid Bitcoin Volatility: Treasury Secretary Bessent

Treasury Secretary Bessent stated that the passage of the Clarity Act would provide much-needed comfort to markets amid ongoing Bitcoin volatility. The Act aims to establish clearer regulations for cryptocurrencies, which could help stabilize the market. Bessent emphasized that regulatory clarity is essential for fostering investor confidence and encouraging broader

Trump Media Files to Launch Truth Social-Branded Bitcoin, Ethereum, Cronos ETFs

Trump Media & Technology Group has filed to launch exchange-traded funds (ETFs) branded under its Truth Social platform, focusing on Bitcoin, Ethereum, and Cronos. The proposed ETFs aim to capitalize on the growing interest in cryptocurrency investments. This move aligns with the company's broader strategy to integrate cryptocurrency

Crypto group counters Wall Street bankers with its own stablecoin principles for bill

A coalition of cryptocurrency advocates has proposed a set of principles for stablecoins to counter the influence of Wall Street bankers in legislative discussions. This initiative aims to establish a framework that emphasizes transparency, consumer protection, and innovation in the stablecoin sector. The principles seek to ensure that stablecoins remain

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Bitcoin Bounces to $69K, But Charts Are Still Bearish: Analysis

Clarity Act Passage Would 'Comfort' Markets Amid Bitcoin Volatility: Treasury Secretary Bessent

Trump Media Files to Launch Truth Social-Branded Bitcoin, Ethereum, Cronos ETFs

Crypto group counters Wall Street bankers with its own stablecoin principles for bill