1 month ago
JPMorgan Adjusts Forecasts for Circle and Coinbase Amid Hyperliquid Deal
JPMorgan has lowered its earnings forecasts for Circle and Coinbase following a new revenue-sharing agreement with Hyperliquid affecting USDC profits.
Tag: crypto news
1 month ago
Chainlink Sees 5% Price Surge Post Mantle’s $2.5B Migration
Chainlink's price increases by 5% as Mantle completes a $2.5 billion migration to its cross-chain infrastructure, enhancing demand for LINK tokens.
1 month ago
Dogecoin Defies Market Trends with Price Increase Amid Memecoin Sell-off
Despite $1.2 billion in memecoin outflows from Binance, Dogecoin's price rises over 2% following decreased US inflation.
1 month ago
Coinbase Simplifies Signup for China Users, Boosting COIN Stock
Coinbase has made it easier for users in China to register, resulting in a rise of over 2% in COIN stock as investor sentiment improves.
1 month ago
Bitcoin Approaches $65K Following Lower-than-Expected CPI Data
Bitcoin climbs toward $65K after cooling CPI data eases July Fed hike expectations, with attention on Federal Reserve Chair's upcoming testimony.
1 month ago
Mizuho Downgrades Circle to Underperform Amid Open USD Competition
Mizuho has downgraded Circle to underperform, lowering its price target to $50 due to competitive pressure from Open USD.
1 month ago
XRP ETF Activity Sparks Interest as Goldman Sells Stake
XRP ETFs see $1.5 billion in inflows after Goldman Sachs's stake sale. A projected $4 billion to $8 billion awaits pending legal clarity.
1 month ago
Ethereum Faces Crucial $1,850 Resistance Amidmarket Volatility
Ethereum struggles below $1,800 as traders brace for key inflation data, with $1,850 resistance pivotal for a potential rally toward $2,200.
1 month ago
Bitcoin Sees Supply Shift from Long-Term Holders to New Buyers
Long-term Bitcoin holders are transferring supply to new buyers amidst a stagnating market and looming Federal Reserve rate hikes.
1 month ago
Former LA Deputy Faces 18 Months in Prison for Lying in Crypto Extortion Case
A former LA sheriff's deputy was sentenced to 18 months for lying to investigators in a cryptocurrency extortion case involving Adam Iza.