Coinbase (COIN) has been downgraded to a sell rating by Compass Point, which also cut its year-end price target from $330 to $248, citing weaker-than-expected earnings and fading interest in crypto equities as key risks. COIN is trading modestly higher on Monday at $316 following last week’s earnings-related 18% plunge. “While we remain constructive on
U.S. stocks edged higher on Monday as investors began the week on an upbeat note following last week’s sharp sell-off amid weak jobs data and tariff jitters. Summary Stocks rose on Monday as investors flipped upbeat following the sharp sell-off seen on Aug. 1. Dow added 300 points, while S&P 500 and Nasdaq edged higher.
Bitcoin (BTC) dropped sharply to the $112,000 level over the weekend, triggering more than $1.5 billion in liquidations on Binance, with negative funding rates signaling extreme bearish sentiment. The latest sell-off, fueled by macroeconomic fears and ETF outflows, has left retail traders panic-selling near local lows, a pattern market watchers say often comes before a
Succinct Labs, a popular blockchain infrastructure platform, has announced a crucial step in advancing the zero-knowledge proofs (ZKPs). In this respect, Succinct Labs is introducing “Provers” to bring zero-knowledge proofs to the mainstream and make them tradeable. As the official statement from the platform discloses, this development aims to redefine and simplify ZKPs across the
Bitcoin has defended a key support zone following its recent all-time high, maintaining the bullish structure. As long as this level holds, a continuation toward higher price discovery remains likely. Summary Bitcoin is holding above key confluence support at $111,800 after a post-ATH correction Volume and structure support the potential for a bullish continuation toward
U.K-listed The Smarter Web Company completed a £8.1 million capital raise shortly after its BTC crosses over 2,050. Can BTC accumulation push stock prices up? Summary U.K-listed The Smarter Web Company’s stock has surged 208% in the past month following mass BTC acquisitions. The company recently purchase 225 BTC, boosting its total holdings to 2,050
Bitcoin, the first and largest cryptocurrency by market capitalization, just got a Shakespearean treat from Strategy cofounder and chairman Michael Saylor. In a tweet that declares Bitcoin’s value proposition, Saylor wrote, “Bitcoin—An Offer You Can’t Refuse.” Bitcoin — An Offer You Can’t Refuse. pic.twitter.com/XEWWt2ZTXu — Michael Saylor (@saylor) August 4, 2025 The phrase, borrowing the
Bitcoin’s (BTC) volatility relative to gold has plunged to an all-time low, raising red flags about the cryptocurrency’s future performance compared to the traditional safe-haven asset. As of August 1, Bitcoin’s 260-day annualized volatility stood at just 2.2 times that of gold, its lowest ratio on record, according to data shared by Bloomberg Intelligence senior