A graded Pokémon card locked inside a secure vault can now change hands hundreds of times without ever leaving the shelf. That’s becoming one of Solana’s fastest-growing real-world asset markets. From trading cards and comic books to whisky, wine and luxury watches, a new generation of applications is using Solana to tokenize ownership of physical
Shares of Circle Internet Group fell sharply in premarket trading on Monday after Morgan Stanley downgraded the stablecoin issuer, while TD Cowen initiated coverage with a bullish rating, highlighting a growing divide on Wall Street over the company’s long-term prospects. Circle stock declined 6% to $58.81 in premarket trading following the contrasting analyst calls. Meanwhile,
Bitcoin is holding near its 200-week moving average after buyers defended support around $62,000. The short-term rebound remains intact, but $BTC must clear resistance between $65,000 and $70,000 to confirm a broader bullish reversal. Bitcoin Tests Weekly 200MA as Major Resistance Builds Above Bitcoin is trading near its weekly 200-period moving average, leaving the market
Strategy Liquidation Weighs on Early Sentiment Bitcoin nearly tapped $64,000 on Monday as the cryptocurrency looked poised to kick-start the new week on a high note after ending July with modest gains. Yet the cryptocurrency’s ascent to a daily peak of just above $63,900 was not straightforward. Market data show it initially trended downward, sliding
Intesa Sanpaolo, Italy’s largest banking group, cut the underlying-share amount of its reported iShares Bitcoin Trust ETF call position by 99.3% in the second quarter, while a 500,000-share-equivalent held put row appeared and its staked Ethereum ETF balance roughly tripled. The changes mark a reset in the Italian bank’s disclosed quarter-end crypto ETF positions. They
Cantor Fitzgerald has lowered its price target on Strategy (formerly MicroStrategy) to $186 from $212, while maintaining an Overweight rating on the stock. The adjustment reflects a more conservative near-term outlook for Bitcoin, the company’s primary treasury asset, according to a note from Walter Bloomberg. Why the price target was cut The investment bank revised
Citigroup has revised its price target for Coinbase Global (COIN), lowering it to $210 per share from the previous $235. The adjustment reflects a more cautious outlook on the cryptocurrency exchange’s near-term earnings potential amid a challenging market environment. What the Price Target Cut Means The new target still implies a modest upside from Coinbase’s
Hyperscale Data, a U.S.-listed Bitcoin treasury company trading under the ticker DAT, has secured a $30 million Bitcoin-backed loan through the decentralized finance (DeFi) lending protocol Morpho. The funds are earmarked for expanding its AI data center in Michigan, according to a report by The Block. The move underscores a growing trend among Bitcoin-accumulating companies