Finance
Clear Street Sees 44% Upside for Bakkt, Rates Stock as a Buy
Bakkt has been rated as a buy with a projected price target of $14, highlighting its shift towards a blockchain-native payments platform.
Crypto
Wall Street Predicts U.S. Entry Will Propel Bullish's Growth
Analysts from various brokerage firms have initiated coverage of the crypto exchange Bullish, emphasizing its potential after a recent IPO.
Business
CoreWeave's Acquisition of Core Scientific Raises Bitcoin Miners' Valuation Expectations
Analysts at JPMorgan believe that CoreWeave's buyout of Core Scientific sets a new valuation benchmark for bitcoin mining companies, although they caution it may be a unique event.
Finance
Core Scientific Downgraded Following CoreWeave Acquisition
Analysts predict shareholder approval for Core Scientific's acquisition by CoreWeave, proceeding without expected delays.
Finance
Citi Initiates Coverage on Circle, Valuation Remains Stable with Buy Rating
Citi offers a bullish perspective on Circle's stock, highlighting a significant potential upside based on their analysis.
Crypto
JPMorgan Initiates Circle Coverage with Underweight Rating and $80 Target
JPMorgan's analysts have started coverage on Circle, the stablecoin issuer, assigning it an underweight rating and setting a target price of $80 as the market cap appears inflated post-IPO.
Finance
Canaan's Bitcoin Mining Ventures Could Yield Fivefold Gains, According to Industry Analyst
Recent insights suggest that Canaan's innovations in bitcoin mining could dramatically increase its market value.
Crypto
Coinbase Set to Gain from Rising Institutional Demand for Crypto: Benchmark Insights
Recent analysis suggests that Coinbase is poised to benefit from growing institutional interest in cryptocurrencies, with a targeted stock price of $252.
Crypto
JPMorgan Upgrades Bitcoin Miner IREN to Overweight and Downgrades Cipher Mining
JPMorgan adjusts its price targets for bitcoin miners, upgrading IREN and downgrading Cipher Mining while maintaining cautious optimism for other stocks.
