Analysts
Crypto Market Cap Could Balloon to $10T by 2026 Under Trump Administration: Standard Chartered
A Republican sweep is the best result for the digital assets sector and could bring regulatory and other positive changes, the report said.
Trump's Biggest Boon to Crypto Would Be Passing the Bitcoin Act: CoinShares
Under the proposal, bitcoin would be established as a strategic reserve asset and the government could buy up to 5% of the cryptocurrency's total supply, the report said.
Crypto Friendly SEC and Senate Banking Committee Expected Under Trump: Bernstein
Stablecoin and market structure bills may now both see faster progress, the report said.
MicroStrategy's Ambitious $42B Bitcoin Acquisition Plan Is Not Without Risks, CoinShares Says
The company requires financing conditions to remain agreeable, and there needs to be continued investor demand for the firm's convertible debt, the report said.
Bitcoin Mining Revenue, Profit Fell in October for a Fourth Consecutive Month: JPMorgan
The network's monthly average hashrate surged to a record high, the report said.
MicroStrategy Remains One of the Best Ways to Gain Exposure to Bitcoin Given Its Intelligent Leverage Strategy: Canaccord
The broker raised its price target for the software company to $300 from $173 while maintaining its buy rating.
Robinhood's Stock Tumbles After Earnings Miss, While JMP Analyst Remains Bullish
The company missed consensus revenue expectations, Wall Street analysts said.
Coinbase's Earnings Miss Makes U.S. Election Even Bigger Catalyst: Analysts
The market will now be watching the U.S. presidential election as an important short-term catalyst for Coinbase and the wider industry.
Coinbase Revenue May Be Hurt by Lower Trading Volumes, Regulatory Uncertainty, Analysts Say
The crypto exchange may also see lower staking revenue when it reports its Q3 earnings as ether underperformed in the quarter.
MicroStrategy’s Current Premium Relative to Its Bitcoin Stack Is Unlikely to Last: Steno Research
The launch of options on spot bitcoin exchange-traded funds in the U.S. will reduce the incentives for investors to hold MicroStrategy stock over these ETFs, the report said.
