Stocks
Crypto-Exposed Stocks Sink Amid Bitcoin’s Decline, Broader Market Rout
The stock declines come as the price of bitcoin has fallen almost 11% in the past 24 hours, trading below $40,000 for the first time in months.
eToro Expands US Offerings to Include Stocks, ETFs
eToro is increasing its U.S. investment offerings to include stocks and ETFs. The Israel-based financial services firm also expects to go public through a SPAC merger with Fintech Acquisition Corp. V in June. Guy Hirsch, managing director of eToro USA, shares insights into the expansion and forthcoming IPO. Plus, crypto market predictions for 2022.
Market Wrap: Bitcoin and Equities Stabilize as Sentiment Improves
Buyers are starting to return, at least over the short term.
Bitcoin’s Near 40% Slide Weighs on Crypto Stocks While Coinbase Outperforms
Some institutions use crypto equities as a proxy for cryptocurrencies, one value investor said.
Crypto Miners Are Better Investments Than Bitcoin Even After Sell-Off: Analysts
Wall Street analysts see “compelling” opportunities in the stocks of miners as sell-off is not driven by fundamentals.
Bitcoin Slides Toward $46K, Dropping Alongside US Stock Market
New data on bitcoin's price chart over the past week reveals bitcoin fell for a second straight day, touching its lowest price in nearly two weeks. This comes as a barrage of bearish factors hitting cryptocurrencies and risky traditional market assets like stocks. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bakkt Shares Fall After Crypto Firm Posts Third-Quarter Loss
The digital asset exchange said it had a loss in the third quarter, though revenue rose from last year’s third quarter.
Crypto Mining Stocks Rally After Bitcoin Surges Near Record, Ether Hits All-Time High
Monday’s gain in bitcoin and ether prices spurred crypto mining stocks such as Marathon Digital and Riot Blockchain to rise sharply.
Coinbase’s Q3 Crypto Trading Volumes to Be Key for Investors, Analysts Say
The largest U.S. cryptocurrency exchange has said investors should expect lower trading volume in the third quarter, given the decline in crypto prices during that period.
Greenidge Outperforms Peers as B. Riley Analyst Sees Higher Earnings Potential
The analyst raised the crypto miner’s 12-month price target to $82 from $78 and 2022 earnings estimates.
