Citi analysts upgraded Galaxy Digital stock, forecasting a 40% rally to $28 despite recent challenges from the crypto winter and technical indicators suggesting potential near-term downward pressure.
Nvidia stock faces downward pressure and potential correction toward the $212 level following Microsoft's debut of the Maia 300 chip, growing AI hardware competition, and cautious market sentiment.
Strategy's Bitcoin holdings reached a record 848,250 BTC following a $21.5 million purchase of 250 Bitcoin, even as MSTR shares dropped 1.08% and STRC preferred shares rebounded to $99.88.
Crypto analysts forecast Bitcoin, Ethereum, and XRP prices as the market reacts to rising crude oil prices and upcoming U.S. inflation data that could influence Federal Reserve interest rate decisions.
Bitcoin recovered toward $83,500 following a weekly decline, facing resistance near $85,500 on the path to $87,000. This price rebound occurred alongside over $1 billion in combined October outflows for Bitcoin and Ether exchange-traded funds.
Bitcoin price forecasts highlight mixed signals as recovering holder profitability battles weak trading volume and key resistance near $84K, keeping the cryptocurrency outlook uncertain.
Key Insights: China has proposed a national blockchain network as part of a new plan to connect digital technology with the wider economy. The proposal appears in a policy document containing 19 measures that Chinese authorities released on October 9. The document also calls for a nationwide computing network and changes to rules governing data…
Evernorth has finalized its merger with Armada Acquisition Corp. II, taking ownership of 473 million XRP and raising $300 million. The Ripple-backed treasury firm is set to debut on Nasdaq under the ticker XRPN.
Solana's price forecast turns cautious as rising ETF outflows and cooling demand weigh on the token, despite positive technical indicators like a golden cross and upcoming network upgrades.
Bitcoin prices rebounded toward $82,700 following a steep decline, driven by ongoing corporate accumulation from major treasury entities like Strategy and Metaplanet, alongside strong ETF inflows and bullish technical indicators.
MicroStrategy shares rose 1.89% to close at $154.34 after Barclays raised its price target for MSTR from $160 to $175, maintaining an Overweight rating as the company expanded its Bitcoin treasury to 848,000 BTC.
Ethereum's price hovers near $2,490 as Binance records a six-month low in ETH reserves and a historic surge in daily withdrawal transactions during a recent market correction.
MARA Holdings transferred $81 million in Bitcoin to Galaxy Digital amid growing concerns over large-scale asset movements, while U.S. government-tracked Bitcoin holdings significantly decreased.
Ethereum treasury equities BitMine and SharpLink declined alongside ETH prices and $579M in monthly ETF outflows, though technical indicators suggest potential near-term rebounds.
