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Financial News

JPMorgan cuts Coinbase (COIN) price target to $290 ahead of earnings

JPMorgan cuts Coinbase (COIN) price target to $290 ahead of earnings

7 months ago by Crypto InsightsCrypto

The crypto market downturn has been particularly hard on leading American exchange Coinbase (COIN), which has seen its stock plunge more than 50% since bitcoin’s early October record above $126,000, including a 27% decline in 2026 alone. Attempting to catch up to that fast tumble,… Read More

Bitcoin’s U.S. demand signal flickers back after crash

Bitcoin’s U.S. demand signal flickers back after crash

7 months ago by Crypto InsightsCrypto

Bitcoin’s BTC$69.680,85 sharp rebound from last week’s plunge toward $60,000 has been accompanied by a subtle but important shift in one closely watched indicator of U.S. demand. The Coinbase Bitcoin Premium Index — which tracks the price gap between bitcoin traded on Coinbase and the… Read More

MSTR purchased $90 million of bitcoin last week

MSTR purchased $90 million of bitcoin last week

7 months ago by Crypto InsightsCrypto

Strategy (MSTR) added to its bitcoin BTC$68,765.15 holdings, but appears to have made all its purchases before the deep price plunge in the back half of the week. Led by Executive Chairman Michael Saylor, the company added 1,142 bitcoin for $90 million, or an average… Read More

$44B BTC blunder puts South Korea regulators on alert

$44B BTC blunder puts South Korea regulators on alert

7 months ago by Crypto InsightsCrypto

South Korea’s top financial watchdog is stepping up oversight of crypto markets days after a local exchange mistakenly distributed billions of dollars worth of bitcoin to users. The Financial Supervisory Service said Sunday it will launch planned investigations into “high-risk” practices that undermine market order,… Read More

Bitcoin has performed worse than a bet tracking the chance of Jesus Christ returning this year

Bitcoin has performed worse than a bet tracking the chance of Jesus Christ returning this year

7 months ago by Crypto InsightsCrypto

Traders on prediction market Polymarket have doubled the implied odds of the Second Coming of Jesus Christ occurring by year-end, turning one of the platform’s stranger contracts into a better performer than bitcoin. The market, titled “Will Jesus return in 2026,” traded around 4 cents… Read More

Forward Industries (FWDI) is well positioned to consolidate the digital asset treasury sector

Forward Industries (FWDI) is well positioned to consolidate the digital asset treasury sector

7 months ago by Crypto InsightsCrypto

Nasdaq-listed Forward Industries (FWDI) is uniquely positioned to consolidate the beaten-down digital asset treasury space because it carries no corporate debt and is completely unlevered, giving it room to play offense while peers retrench, according to Ryan Navi, the company’s chief investment officer. “Scale plus… Read More

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