The bank assigned overweight ratings to Cipher Mining and TeraWulf and a more cautious underweight rating to Marathon Digital.
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From 2020 to 2024, Strategy’s shares surged 3,500% as its stock appealed to investors that didn’t want to directly deal with bitcoin.
The cryptocurrency market has lost half a trillion dollars in value since last Thursday, according to CoinGecko data.
Tether seems to be prioritizing buying gold because its value isn’t tied to governments as tightly as fiat currencies are.
The US’s biggest crypto exchange has been an active force in shaping crypto laws and a major spender in congressional races.
Bitcoin ETFs just notched $697 million worth of inflows on Monday, their biggest gain since early October.
Innovative as the tokenized funds may be for JPMorgan, the bank is actually chasing an existing trend on Wall Street.
As bitcoin struggles to recoup some of this year’s dramatic losses, ETFs based on Ethereum and Solana are gaining ground.
Slumping Bitcoin has held above the key $80,000 threshold that would put many investors underwater, but the test of its resilience isn’t over.
Digital asset treasury companies are grappling with the law of diminishing returns in the midst of a cryptocurrency swoon. What’s next?
Bitcoin has entered “death cross” territory, meaning its 50-day moving average has fallen below its 200-day moving average.
Bitcoin has so far fallen 20% from its 2025 peak this cycle; in previous bear markets, it fell as much as 30% to 40%.
While digital assets are feeling the chill heading into fall, it’s too early to say it’s the start of a full-blown crypto winter.
PayPal’s PYUSD is the world’s sixth-largest stablecoin with a current market cap of $2.7 billion, all fully-backed by US dollar deposits.
Cryptocurrency markets still remain somewhat volatile, so indexing adds the appeal of smoothing out exposure.
A $500 billion valuation would put Tether on par with OpenAI and SpaceX — not to mention dwarfing its next closest direct rival, Circle.