Wall Street
Crypto Stocks Continue Drop as Binance Walks Away from FTX Deal
Concerns around FTX's health along with the broader crypto ecosystem spilled into the stock market Wednesday.
Crypto Exchange Coinbase Draws Mixed Reaction on Wall Street After Weak Q3
Trading volume was down, but the company is trying to diversify its revenue.
Bitcoin Miner Argo Blockchain Loses More Wall Street Bulls After Financial Woes
Two analysts downgraded their recommendations on Argo's shares.
Goldman Still Sees Strong USD; Bitcoin Miners Downgraded Amid Bear Market Woes
A Goldman Sachs strategist wrote a peak in the U.S. dollar "feels several quarters away," which could be bad news for bitcoin (BTC). Bitcoin miners Core Scientific (CORZ) and Argo Blockchain (ARBK) were downgraded by Wall Street investment bank DA Davison due to bear market woes. Terraform Labs co-founder Do Kwon is rumored to have left Singapore for Dubai, according to Bloomberg.
BNY Mellon Says Client Demand for Crypto Led to Custody Offering
Executives from the world's largest custodial bank spoke on the company’s earnings call Monday morning.
Valkyrie Funds, Ark Invest To Offer Crypto SMAs
Valkyrie Funds and Ark Invest are the latest fund managers to announce crypto SMA plans on the heels of Franklin Templeton, a sign of the maturing crypto product industry with Wall Street involvement. Frank Downing, director of research at Ark Invest, joins Valkyrie CIO Steven McClurg to discuss the latest developments. Plus, their end-of-year crypto outlook amid recession concerns.
Crypto Bank Silvergate Capital's Shares Fall After Wells Fargo's Bearish Call
The bank's analysts say Silvergate's growth potential is limited during crypto winter.
Bitcoin Hovers Around $19K as Wall Street Sell-Off Intensifies
Wall Street is seeing a major sell-off with tech stocks like Apple leading the charge lower as recession jitters linger. Tactive Wealth Advisor Eddy Gifford discusses his crypto markets analysis and outlook as bitcoin remains rangebound between $18,000 and $20,000 despite the market slump for U.S. stocks.
Crypto Exchange Coinbase Assigned Sell-Equivalent Stock Rating by Wells Fargo on Competition Risk
Wells Fargo rated Coinbase as underweight and said it will face headwinds in its path to sustaining profitability.
Wall Street Bank CEOs Tell Congress They’re Unlikely to Finance Crypto Miners
The chief executives of Citigroup, Bank of America and Wells Fargo were questioned Wednesday at a congressional hearing.
