Reason to trust
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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…
The BRICS response to US strikes has become a defining moment in global politics right now, with Iran’s president Masoud Pezeshkian leading massive protests in Tehran while BRICS nations rally…
Key Points:The BOMB TGE requires 238 Alpha points for participation.Participation consumes 15 Alpha points.This event potentially leads to increased liquidity and trading activity.
Market reactions focus on the positive sentiment and…
The Financial Stability Board (FSB) is sounding the alarm on growing risks from the crypto sector, warning that interlinkages with traditional finance are nearing a critical threshold.Speaking in Madrid on…
Nvidia (NVDA) CEO Jensen Huang is growing more bullish about quantum computing, which has invited similar sentiment among investors in quantum stocks. Speaking at Nvidia’s GTC Paris developer conference on…
Bitcoin's (BTC)
price climbed back above the $110,000 level this week after four consecutive
days of gains, reigniting investor and analyst optimism. The latest forecasts
from Bitwise suggest that Bitcoin’s fair value could…
Key points:Bitcoin (BTC) passed $104,000 at the June 6 Wall Street open as strong US labor market data contrasted with fresh calls for interest-rate cuts.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin edges…
In brief
Compass Point analysts believe that USDC’s DeFi-centric market share is unlikely to wane as Wall Street firms enter the space.
USDC relies on proprietary tech that makes it easier to…
