Bitcoin payment adoption reached a milestone as Compass Coffee became the first merchant to process a Bitcoin transaction through Square Terminal in Washington, DC. The DC coffee shop completed the…
Wall Street banking and research firm Compass Point has initiated coverage of crypto platform Bullish (BLSH), the parent company of CoinDesk, with a neutral rating and a $45 price target.Despite…
In brief
WLFI is expected to become tradable on Monday
The token could decimate retail investors, analysts at Compass Point said.
A lot of WLFI tokens were earmarked for insiders and early supporters.
Analysts…
In brief
Compass analysts lowered their price target for Coinbase shares to $248
The firm’s stock price has slid 15.5% since its Q2 miss last week.
The exchange posted a sequential drop in…
Coinbase (COIN) has been downgraded to a sell rating by Compass Point, which also cut its year-end price target from $330 to $248, citing weaker-than-expected earnings and fading interest in…
In brief
Marathon Digital’s AI strategy relies on co-developing platforms with energy firms.
The strategy is unproven, according to analysts at Compass Point.
The Bitcoin miner is also trying to grow its revenue…
In brief
Analysts at Compass Point downgraded shares of Circle (CRCL) to a "sell" rating.
The analysts cited increased stablecoin competition, Fed rate cuts, and waning retail participation as potential negative…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe.I spent a decent part of today checking out Solana Compass, an independent validator and community-built scoring platform…
In brief
Robinhood’s crypto keynote event on Monday could be a “sell the news” event, according to one analyst.
The company could make announcements surrounding tokenized stock trading, staking, and perpetual futures,…
In brief
Circle's stock dropped 6% after Compass Point initiated coverage with a neutral rating and $205 price target.
Analysts believe Circle trades at over 100x EBITDA as investors bet on stablecoin…