• September 6, 2024

Coinbase Upgraded As Both Presidential Candidates Show Crypto Support; Analyst Sees Resilience Amid Regulatory Changes

Barclays analyst Benjamin Budish upgraded Coinbase Global, Inc. (NASDAQ:COIN) from Underweight to Equal-Weight, lowering the price forecast from $206 to $169. The analyst notes that the regulatory landscape is improving, with presidential candidates showing greater support for crypto and the approval of several spot crypto ETFs. This favorable environment has helped Coinbase’s revenues remain resilient. The analyst acknowledges ongoing risks for Coinbase, such as fee compression in retail and pr

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• September 6, 2024

MicroStrategy Poised for Growth With Strong Bitcoin Exposure and Software Expansion: Analyst

Barclays analyst Ramsey El-Assal initiated coverage on MicroStrategy Inc (NASDAQ:MSTR) with an Overweight rating and a price target of $146. El-Assal flagged the company’s unique differentiated vehicle that allows public company investors to gain exposure to bitcoin, resilient capital deployment model offering a long runway for continued bitcoin accumulation and protection from black swan liquidity events, software performance backed by a fast-growing TAM and demand for next-gen technology, the

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• September 6, 2024

Escaping the Casino: How Tokenized Assets Will Save DeFi From Itself

Vitalik Buterin is right: DeFi today is a circular speculative economy. The bigger opportunity lies in bringing traditional capital markets on-chain, so that crypto reaches the mainstream, says Zach Rynes (aka ChainLinkGod), who serves as a Chainlink Community Liaison.

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• September 6, 2024

US Spot Bitcoin ETFs Experience $211 Million in Outflows, Continuing Negative Flow Trend

On Thursday, the U.S. market for spot bitcoin exchange-traded funds (ETFs) faced notable outflows, totaling $211.15 million.

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• September 6, 2024

'Blurt' Developer Thinks Crypto Makes for Better Donations to Twitch Streamers

An inside look at the big and small projects being developed at the mtnDAO hacker house in Salt Lake City.

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• September 6, 2024

Legacy Payment Processors Charge Adult Sites a Fortune; MyPeach.AI Found a Crypto Solution

Adult entertainment websites usually pay credit card companies through the nose. MyPeach.AI has found a stablecoin-powered workaround.

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• September 6, 2024

Bitcoin continues to fall as crypto-market sentiment shifts into ‘extreme fear’

Bitcoin briefly fell below $54,000 on Friday.

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• September 6, 2024

Bitcoin Pumps, Then Dumps Below $54K as Jobs Report Spurs Crypto Volatility

The broad-market CoinDesk 20 index was down 3% over the past 24 hours, with BTC, ETH, XRP, ADA posting declines of as much as 4%. Fed governor Waller said he will advocate for "front-loading rate cuts if that is appropriate." A smaller, 25 basis-point cut would be more beneficial for asset prices, Fundstrat's Sean Farrell noted.

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• September 6, 2024

12 most popular types of cryptocurrency

Here are the largest cryptocurrencies by the total dollar value of the coins in existence.

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• September 6, 2024

USD/JPY Weekly Price Forecast – US Dollar Continues to Struggle Against The Yen

The last week has seen a significant amount of selling pressure in the USD/JPY pair, but at this point, we are hanging onto the trend by a thread, with the longer-term trendline being strong so far. With this, the market continues to see a lot of volatility, but it also

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