Analysts

Analysts

Markets

Ether Resurgence Gains Steam Backed by Spot ETF Demand and On-Chain Growth: Citi

Spot ether ETFs have seen growing demand with cumulative net inflows now more than $13 billion, up from $2.6 billion in April, the report said.

Ether spot ETFs to see same sources of demand as bitcoin versions but on lower scale: Bernstein. (Rob Mitchell/CoinDesk)

Markets

Crypto Bull Market Could Run Till 2027, With Major Upside for HOOD, COIN, CRCL: Bernstein

Bernstein reiterated its outperform rating on Robinhood and lifted its price target on the stock to $160 from $105.

Crypto market breadth improves. (ArtTower/Pixabay)

Markets

Core Scientific Faces Valuation Disconnect; PT Hiked to $22: Jefferies

The bank reiterated its buy rating on CORZ and raised its price target for the bitcoin miner to $22 from $16 to reflect the CoreWeave acquisition.

Celsius and Core Scientific hope to raise millions via mining rig vouchers (alvarez/Getty Images)

Markets

Bitcoin Network Hashrate Rose 4% in First Two Weeks of August: JPMorgan

The combined hashrate of the 13 U.S.-listed miners the bank tracks now accounts for a record high 33.6% of the global network.

Rows dedicated to miners at the Bitcoin 2022 Conference in Miami. (Aoyon Ashraf/CoinDesk)

Markets

Bitcoin Mining Profitability Rose 2% in July Amid BTC Price Rally, Jefferies Says

A rising bitcoin price is seen as most favorable for Galaxy's digital assets business, while miners fight a rising network hashrate, the report said.

Bitcoin mining machines

Markets

Ether-Led Rally Pushed Crypto Market Cap to $3.7T in July: JPMorgan

Ether outperformed last month as volumes, ETF flows hit records, the report said.

Ether spot ETFs to see same sources of demand as bitcoin versions but on lower scale: Bernstein. (Rob Mitchell/CoinDesk)

Markets

Ether Price Target Lifted to $7.5K at Year-End and $25K in 2028 at Standard Chartered

Analyst Geoff Kendrick cited surging institutional demand, favorable regulation and network upgrades.

A finger draws an upward trending line on a chart (Unsplash)

Markets

Bitcoin Miner MARA Steps Into HPC With Majority Stake in EDF Subsidiary: H.C. Wainwright

The broker has an outperform rating on MARA stock with a $28 price target.

Data Center Server Room Bitcoin Mining

Markets

Coinbase Is Becoming a Major Ethereum-Focused Player, Bernstein Says

The broker has an outperform rating on Coinbase shares with a $510 price target.

Coinbase app on a mobile phone screen.

Markets

Decentralized Finance and Tokenization Growth Still Disappoints: JPMorgan

Total value locked (TVL) in DeFi remains below 2021 highs, the report noted.

Lending money, bills on a person's hands (Christian Dubovan/Unsplash)