Analysts

Analysts

Markets

Crypto Exchange Gemini Gets Price Target Cut at Citi, While Bullish Earns Hike

Gemini’s trading growth is slowing despite strong card sign-ups and app downloads, said Citigroup, while Bullish momentum is accelerating.

Up and Down (CoinDesk archives)

Markets

Bitcoin Miner Core Scientific Upgraded to Buy as HPC Momentum Builds: B. Riley

The bank also reaffirmed TeraWulf (WULF) as its top pick in the sector.

Racks of mining machines.

Markets

Galaxy Digital Price Targets Hiked Across Street Following Record 3Q Earnings

Cantor, Canaccord and Benchmark all raised their Galaxy price objectives.

Galaxy Digital CEO Mike Novogratz (Danny Nelson/CoinDesk)

Markets

Strategy Gets Buy Rating From Citi on Bullish Bitcoin Outlook

The Wall Street bank initiated coverage of Strategy with a buy/high risk rating and a $485 price target.

Michael Saylor, Executive Chairman of Strategy (MSTR)

Markets

Bitcoin Miner Bitdeer's AI Pivot Earns Price Target Hike at Benchmark

The company's move to bring data center development in-house strengthens its AI and mining strategy, and accelerates monetization, said analyst Mark Palmer

Bitcoin mining machines (Shutterstock, modified by CoinDesk)

Markets

Wall Street Bank Citi Sees Stablecoins Powering Crypto’s Next Growth Phase

Stablecoins are growing alongside crypto, lifting Ethereum while new networks loom and the dollar stays dominant.

Stablecoin networks (Unsplash, modified by CoinDesk)

Markets

JPMorgan Says Crypto-Native Investors Are Likely Driving the Market Slide

Limited bitcoin outflows and heavier ether selling pointed to crypto-native liquidations as the driver of the drop.

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay, modified by CoinDesk)

Markets

Citizens Sees Ether Primed for $10K as Supply Tightens and Institutional Demand Surges

The bank sees growing adoption, tighter supply and rising institutional inflows driving a sharp ether rally within two years.

Ethereum Logo

Markets

Bitcoin Network Hashrate Took Breather in First Two Weeks of October: JPMorgan

The total market cap of the 14 U.S.-listed bitcoin miners that the bank covers rose 41% from the end of last month to a record $79 billion.

Bitcoin mining machines (Shutterstock, modified by CoinDesk)

Markets

Stablecoins Surge to Record $314B Market Cap as Institutional Race Heats Up: Canaccord

Regulation and new players are driving stablecoin momentum and paving the way for a new internet “money layer,” the broker said

DeFi networks are global. (NASA/Unsplash, modified by CoinDesk)