Stocks

Stocks

金融

Which Crypto Firms Will Follow Coinbase, Circle Into the Public Markets?

Last week saw two crypto SPACs in two days. We asked stock analysts, “Who’s next?”

Michael Nagle/Bloomberg via Getty Images

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Reflation-Trade Rethink Keeps Bitcoin Under Pressure

Reflation bets are those that benefit from a pickup in economic growth and inflation.

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Market Wrap: Bitcoin Pushes Higher as Short Bets Unwind

Bitcoin shorts are unwinding positions into the month’s close. Traders watching for signs of capitulation.

Bitcoin 24-hour price chart, CoinDesk 20

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Paxos Adds Wedbush Securities in Quest for Same-Day Stock Settlement

Credit Suisse, Instinet and Societe Generale are also part of the program, which is meant to shrink stock settlement times to hours, not days.

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Hut 8 Mining's Underwriters Agree to Buy $82M in Stock Ahead of Nasdaq Listing

The shares are scheduled to make their debut on Nasdaq next week.

Bitcoin mining rigs

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'FOMO' Traders Rotate From Bitcoin to Meme Stocks

Meme stocks are rising as BTC stabilizes after a volatile May.

Wendy's has become the latest hot meme stock.

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Galaxy Digital Stock Gets ‘Buy’ Rating From Brokerage Firm BTIG

The investment firm gave GLXY a price target of C$31.

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Coinbase COIN Stock Hit With ‘Underperform’ Rating by Investment Bank Raymond James

According to Raymond James' definition, this stock will underperform its sector and should be sold.

Coinbase, Nasdaq, direct listing

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Analysts Seek Alternatives to Low-Return S&P 500, but Is Bitcoin the Place to Be?

"Gold is seen as a safe-haven, sleepy asset while bitcoin is viewed as a risk-on, growth asset." one analyst noted.

Analysts are debating where the bitcoin market goes from here.

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Crypto Exchange Kraken 'Still On Track' for 2022 Public Listing

Kraken’s head of growth said plans to go public in 2022 are still in the works.

Cryptocurrency prices on Kraken, May 22, 2021.