Coinbase Stock a Buy With Over 60% Upside Amid Trump’s New Crypto Regime: Bernstein
The crypto industry is expected to join the financial mainstream in the U.S. as the regulatory environment improves, and Coinbase (COIN) is well positioned to benefit from these tailwinds, broker Bernstein said in a report Monday. Bernstein initiated coverage of the crypto exchange with an outperform rating and a...
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DOGE, XRP Down 3% as Bitcoin Traders Eye Wednesday Fed Decision
The crypto market was little changed-to-lower on Tuesday, with dogecoin (DOGE) and XRP leading declines among major tokens with losses of just over 3% in the past 24 hours. The CoinDesk 20 Index (CD20), a measure of the broader crypto market, fell 2%. The lack of volatility comes as...
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Stablecoin Protocol Level Aims to Expand $80M DeFi Yield Token With Fresh Capital Raise
Stablecoin protocol Level raised a fresh round of venture capital to expand its $80 million yield-paying stablecoin as yield-generating digital asset offerings are increasingly in demand with a cooldown in crypto prices. Peregrine Exploration, the development firm behind Level, received another $2.6 million led by early backer Dragonfly Capital...
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ETH price prospects dim as Ethereum DEX volumes drop 34% in a week
Ether (ETH) price fell below $2,200 on March 9 and has struggled to recover since. The altcoin is down 14% in March and the decline has hurt investor sentiment, especially as the broader crypto market only dropped 4% in the same period. Adding to the bearish sentiment, traders are...
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Cardano’s ADA lands spot in US Digital Asset Stockpile — Will it generate value?
On March 2, President Donald Trump mentioned Cardano’s ADA (ADA) token among the cryptocurrencies to be included in the US strategic crypto reserve. Trump’s March 6 executive order clarified that altcoins would be part of the Digital Asset Stockpile (DAS) under the “responsible stewardship” of the Treasury. ADA’s potential...
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83% of institutions plan to up crypto allocations in 2025: Coinbase
Institutional investors are increasingly bullish on cryptocurrency, with 83% saying they plan to up crypto allocations in 2025, according to a March 18 report by Coinbase and EY-Parthenon. Already, nearly three-quarters of firms surveyed said they hold cryptocurrencies other than Bitcoin (BTC) and Ether (ETH), and a “significant majority”...
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Ethereum price in ‘cursed’ downtrend which could continue well into 2025 — Analyst
Ethereum’s native token, Ether (ETH), has ventured into oversold territory multiple times against Bitcoin (BTC) in recent months, but the altcoin has yet to show any signs of finding a price bottom. The trading situation is actually quite similar to a previous scenario, and ETH’s market structure suggests that...
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Solana CME futures volumes reach $12.1M: Was the launch a dud, or is more to come?
Solana futures (SOL) on the Chicago Mercantile Exchange (CME) went live on March 17, with a trading volume of $12.1 million on day 1, which fell short compared to Bitcoin (BTC) and Ethereum’s (ETH) CME futures debut. CME Crypto futures comparison by Vetle Lunde. Source: X.com Vetle Lunde, Head...
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‘We are worried about a recession,’ but there’s a silver lining — Cathie Wood
ARK Invest CEO Cathie Wood believes the White House is underestimating the recession risk facing the US economy stemming from US President Donald Trump’s tariff policies — an oversight that will eventually force the president and Federal Reserve to enact pro-growth policies. Speaking virtually at the Digital Asset Summit...
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Dogecoin millionaires are buying dips as DOGE price eyes 30% rally
Dogecoin (DOGE) price has crashed by over 70% after hitting $0.48 in December 2024. Interestingly, the memecoin’s richest holders have accumulated during the price declines, indicating their confidence in a potential rebound in the coming weeks. Dogecoin onchain metrics hint at price rebound Onchain data from Santiment shows that...
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