Category: News

Bitcoin’s ‘Uptober’ Upswing Will Resume Soon: JPMorgan

JPMorgan analysts identified several key catalysts that could shape the cryptocurrency market in the coming months, highlighting a mix of seasonal trends, macroeconomic factors and technological developments. What Happened: The analysts pointed to the historical “Uptober” trend, noting that over 70% of Octobers yielded positive returns for Bitcoin (CRYPTO:...
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MicroStrategy Analyst Projects 64% Upside To Stock Based On Bitcoin Acquisition Strategy

Bernstein analysts have set a $290 price target for MicroStrategy‘s (NASDAQ:MSTR) stock, representing a potential 64% surge, based on the company’s aggressive Bitcoin acquisition strategy, according to a new report. What Happened: MicroStrategy, led by Executive Chairman Michael Saylor, has amassed a substantial Bitcoin (CRYPTO: BTC) holding worth approximately...
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Dogecoin Price On The Verge Of Massive 300x Run To $30 If This Pattern Plays Out

The Dogecoin price has been consolidating around the $0.1 mark, experiencing notable price fluctuations. Amidst this market volatility, the cryptocurrency displays a unique historical chart pattern that a crypto analyst has deemed bullish. Should Dogecoin continue to stay above this pattern, its price is expected to witness a massive...
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Trump Considers Robinhood Exec Dan Gallagher For SEC Chair If Re-Elected

Donald Trump, who has threatened to fire Securities and Exchange Commission (SEC) Chair Gary Gensler if he wins the presidential election, is reportedly considering Dan Gallagher, Chief Legal Officer at Robinhood (NASDAQ:HOOD), to fill the position. What Happened: According to Politico, Gallagher — a former SEC commissioner known for...
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Riot Platforms Explores AI Opportunities While Staying Focused On Bitcoin Mining

Riot Platforms Inc (NASDAQ:RIOT) CEO Jason Les expressed the company’s interest in artificial intelligence opportunities, contingent on the emergence of a favorable deal. What Happened: In a recent interview with Bernstein analysts, Les highlighted Core Scientific‘s (NASDAQ:CORZ) collaboration with AI Hyperscaler CoreWeave as a potential model for such ventures,...
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