stocks News

H.C. Wainwright has initiated coverage on Galaxy Digital Holdings stock, offering a Buy rating and a price target of C$24. Analyst Mike Colonnese states that the U.S.-based digital asset-focused financial services firm’s shares offer the diversified exposure investors seek when…

A new study shows young investors are increasingly favoring crypto over traditional U.S. stocks, reflecting a generational divide in investment strategies. As the first members of Generation X approach their 60th birthdays, a significant transfer of wealth is reshaping American…

Leverage Shares has launched the first leveraged and inverse exchange-traded product tied to the performance of MicroStrategy stock. These new investment products, now available on the London Stock Exchange, include the 3x Long MicroStrategy exchange-traded product (ticker symbol ‘$MST3’) and…

Vice President Cevdet Yilmaz confirmed that Turkey will not implement a tax on profits from crypto or stock trading this year. The government previously considered such a tax but has focused on reducing existing tax exemptions, according to Bloomberg reporting.…

H.C. Wainwright analysts believe Bitfarms’ stock is set for growth following a settlement with Riot Platforms that ends a six-month-long hostile takeover attempt. Earlier on Sept. 23, Bitfarms and Riot Platforms reached an agreement to end Riot’s bid to take…

The Swiss stock exchange is considering launching a crypto trading platform in Europe, aiming to attract traditional investors by leveraging Switzerland’s crypto-friendly laws. The Swiss stock exchange operator, SIX Group, is considering establishing a new platform in Europe for crypto…

Institutional interest in Bitcoin mining stocks is surging, analysts at H.C. Wainwright said after hosting an investment conference in New York.  The HCW Annual Global Investment Conference gathered major publicly traded Bitcoin (BTC) miners and industry leaders like MicroStrategy’s Michael…

PayPal stock has moved into a bull market, rising by over 26% from its lowest point this month.  PayPal USD stablecoin’s market cap PayPal USD (PYUSD), the company’s stablecoin launched in August 2023, has been performing well. Data shows that…

CleanSpark stock has the potential for an upside despite the mixed earnings in its most recent financial report. H.C. Wainwright analyst Mike Colonnese reiterated the firm’s “buy” rating with a $27 target price for the shares of the Bitcoin (BTC)…

Many U.S.-based crypto mining stocks are reflecting Bitcoin’s weakness and are trading down to end the week. At the time of writing, Hut 8 is down 11.2% to $12.34 a share. CleanSpark is now $13.35 a share, down 11.35%, while…

Coinbase stock price has been in a freefall, dropping for eight consecutive days, but one analyst believes that it could rebound to $295, ~40% above its Friday’s open.  Coinbase’s retreat happened as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and other…

Bitcoin showcased its correlation to traditional markets on Aug. 1 as the cryptocurrency slumped alongside stocks and market indexes. Bitcoin (BTC) has declined over 10% since July 29, when the cryptocurrency surged toward $70,000 and reached a two-month high after…

Bitcoin miner Riot Platforms’ stock is a buy due to its significant organic growth opportunities, H.C. Wainwright analyst Mike Colonnese said in a note. The Riot Platforms stock is down 34% year-to-date amid a broader correction for Bitcoin (BTC) and…

Bitcoin fintech company Fold has agreed to go public by merging with FTAC Emerald Acquisition.

Backed, a tokenization platform, has announced the launch of five new tokenized equities. These offerings include stocks from Microsoft (bMSFT), GameStop (bGME), MicroStrategy (bMSTR), Tesla (bTSLA), and Alphabet’s Class A shares (bGOOGL).  These tokens are available to eligible non-US investors,…

Following the attempted assassination of former President Donald Trump on Saturday, early-market trading on Monday saw a 53% surge in the shares of Trump Media & Technology Group (DJT) as well as increases for crypto-related stocks. The price of Bitcoin…