Crypto exchange Gemini has launched a tokenized version of Michael Saylorโs Strategy (MSTR) stock for users in the European Union, allowing them to invest in the Bitcoin-buying firm onchain. โTraditional financial rails are hard to access and in need of modernization,โ Gemini said in a statement on Friday. More tokenized stocks and ETFs are coming to the platform soon โTokenized stocks solve this problem by giving investors greater access with fewer restrictions,โ it added. Traditional stock markets come with several restrictions, including limited trading hours tied to market time zones,…
Tag: Stock
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US Stock Futures Record Could Drive Bitcoin To All-Time High
US stock futures are at record highs as the countryโs largest markets are nearing their peaks, which could help propel Bitcoin to reach another all-time high, according to analysts.ย S&P 500 futures entered new all-time high territory on Thursday with the index tapping 6,145 points, surpassing Februaryโs peak. The tech-heavy Nasdaq Composite futures also hit a peak at 20,180 around the same time.ย The S&P 500 has gained 23% since its April 8 crash as trade tariff shocks ease and a ceasefire between Israel and Iran appears to hold. Stock…
Coinbase Stock Soars, Taps New Closing High
Shares in crypto exchange Coinbase Global Inc. (COIN) ended Thursdayโs trading session at a new all-time closing high, but analysts are divided on if the rally will continue. โGoing vertical now,โ Real Vision CEO Raoul Pal said in a post on Thursday in response to Coinbaseโs record close. โNext step, crypto,โ Pal said, adding, โthe liquidity spigot is wide, wide open.โ Coinbase breaks closing high it tapped almost four years ago The Nasdaq-listed Coinbase closed trading on Thursday at $369.21, up 3.89% over the day and up almost 40% on…
Coinbase Stock Jumps After $510 Target From Bernstein
Key Notes Coinbase stock hit a yearly high after Bernstein set a $510 price target. Analysts compared Coinbase to the โAmazonโ of crypto financial services. Coinbaseโs expanding business includes trading, custody, blockchain, and lending. Coinbase (COIN) shares have reached a yearly high after Bernstein analysts raised their price target from $310 to $510, citing newer earnings projections. They noted the exchangeโs dominant position in the crypto industry and called it the โAmazonโ of crypto financial services. According to CNBC, Bernstein recently highlighted Coinbase as the most misunderstood stock in their…
Lyn Alden – Bitcoin’s Bull Run Just Took a MEGA TURN!
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“I Told You It Was Coming! Crypto Is About to Get Very Wild” – Raoul Pal
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GameStop Stock Flat After $450M Capital Raise
GameStop shares have traded sideways despite another $450 million raise as part of its private convertible note offering for investments, which could include Bitcoin. The retailer disclosed to the US Securities and Exchange Commission on Monday that someone who opted into the initial $2.25 billion note offering has decided to purchase an additional $450 million. The funds have been earmarked for general corporate purposes, including investments and potential acquisitions. Bitcoin (BTC) wasnโt specifically mentioned, but the retailer has flagged plans for growing a treasury in the past. At current prices,…
Bitcoin Miners Lead Crypto Stock Rally as Profits Surge
Key Notes Crypto stocks rallied sharply on Tuesday, led by Coinbase (COIN) and Bitcoin miners like Riot Platforms (RIOT), and Marathon Digital (MARA). A Jefferies report revealed an 18.2% rise in Bitcoin mining profitability for May, driven by a 20% increase in Bitcoin’s price to $106,676.28. US-listed miners collectively produced 3,754 BTC in May, with Marathon Digital leading production at 950 BTC, a 35% month-on-month jump. Crypto stocks rallied strongly on Tuesday as geopolitical tensions dropped following the Iran-Israel ceasefire. Bitcoin mining firms like Marathon Digital (NASDAQ: MARA), Riot Platform…
Raoul Pal & CZ – “People Don’t Know How Massive the BTC & Crypto Bull Run Is About to Get”
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