Using that approach, the firm said Applied Digital (APLD), TeraWulf (WULF) and Cipher Mining (CIFR) appear to offer the largest disconnect between their contracted business and current valuations. In each case, Compass Point argues the market is assigning little, if any, value to additional AI… Read More
The term “HODLing,” crypto slang for buying and holding an asset for a long time, has historically been associated almost exclusively with bitcoin BTC$62,870.50 and ether (ETH). One trader has now applied the same long-term approach to perpetual futures tied to the euro-dollar pair (EUR/USD)… Read More
In bitcoin BTC$61,712.51’s 4-year cycles, there has always been a distinct driver of selling pressure. In 2018, we saw the promise of crypto running ahead of its skis; the market drove up valuations of crypto projects far beyond their nascent stages of development that led… Read More
The yen is trading near its weakest level in four decades, and Japanese companies are moving crypto onto their balance sheets to escape it. SBI VC Trade on Tuesday said corporate demand for bitcoin and XRP is climbing as the currency’s slide pushes firms to… Read More
“There is no major negative fundamental catalyst that we can see,” Dorman said. “These kinds of big movements are common after SPACs because the entire investor base turns over from fixed-income-oriented SPAC buyers to new, fundamentally driven long-term equity owners.” SPAC merger tickers are often… Read More
Wall Street analysts have begun coverage of SpaceX (SPCX) following the expiration of the 25-day quiet period after the company’s June initial public offering (IPO), with nearly every major brokerage launching their coverage with a bullish rating. The aerospace and satellite company, which held 18,712… Read More
