Last week saw a noticeable uptick in cryptocurrency activity, reflected in a roughly 3% increase in global crypto market capitalization. With improving sentiment in the broader crypto market and a series of ecosystem updates, investors are turning their attention to related stocks that could benefit from this momentum. HIVE Digital Technologies Ltd. (HIVE) The Bitcoin
While some analysts are waiting for the FED’s interest rate cut decision for Bitcoin to rise, some analysts think that the FED’s interest rate decision will not be enough to boost BTC. While analysts say that spot ETF inflows need to turn positive for the rise, CoinShares published its weekly cryptocurrency report and said that
Robinhood (HOOD) stock soared 15% on Monday following the company’s inclusion in the S&P 500, the widely tracked benchmark for U.S. equities. The announcement was made after markets closed on Friday and takes effect with the index’s September 22 rebalance. The trading platform, which has seen its stock price nearly triple this year, has long
Tetra Digital Group, a digital asset custodian based in Alberta, Canada, said on Monday it has raised around $10 million to develop and issue a regulated stablecoin pegged to the Canadian dollar. Backers of the project include Shopify, Wealthsimple, Purpose Unlimited, Shakepay, ATB Financial, National Bank and Urbana Corporation, which has held a majority stake
Nasdaq, the U.S. exchange where the tech sector’s biggest names list their stocks, is seeking to put stocks on the blockchain, asking the U.S. Securities and Exchange Commission on Monday to bless its effort even as others in the securities world are sprinting toward the same tokenization goal. If the SEC filing is approved, the
Bakkt Holdings (BKKT) is trying to reboot after a turbulent few years, Wall Street broker Benchmark said in a Monday report initiating coverage of the stock. Benchmark started coverage of the firm with a buy rating and a $13 price target. The shares climbed 1.3%, trading around $8.63 at publication time. Under new CEO Akshay
This is a segment from the Empire newsletter. To read full editions, subscribe. If you’re waiting for the conversation to shift away from Digital Asset Treasury companies, prepare to wait longer. Same goes for those anticipating a cascade of implosions. “ You probably end up having an evolution of these DATs, where instead of just putting
An advanced AI model from CryptoQuant is predicting a choppy and slightly bearish month for Bitcoin (BTC), forecasting a potential drop to $108,000 over the next 30 days. However, the model also signals a high probability of a major volatility spike at the end of the month, a period that coincides with the critical September
Tokyo-listed firm Metaplanet (MTPLF) has added an additional 136 bitcoin BTC$112,238.27 to its treasury, after earlier this month taking its holdings to over 20,000 coins. The acquisition was made at an average purchase price just under $112,000 per bitcoin and lifts the total the firm spent on BTC to more than $2 billion. Metaplanet tracks
BitMine Immersion Technologies (BMNR) has announced its cryptocurrency holdings now near $9 billion, which the firm says makes it the second-largest crypto treasury firm in the world behind Strategy (MSTR), which holds 638,460 BTC worth over $71 billion. It also fueled a 1,000% surge in a stock looking to accumulate WLD. The company according to