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Bank of America Upgrades Coinbase Rating to Neutral, Raises Price Target to $217

17.5.2024
Bank of America (BAC) has upgraded its rating on Coinbase (COIN) shares from underperforming to neutral. The post Bank of America Upgrades Coinbase Rating to Neutral, Raises Price Target to $217 appeared first on Cryptonews

Reddit Stock Price Jumps After OpenAI Data-Sharing Deal

17.5.2024
Social media firm Reddit's stock rose 13.5% after a data-sharing deal with OpenAI, the creator of the artificial intelligence (AI) chatbot ChatGPT. The post Reddit Stock Price Jumps After OpenAI Data-Sharing Deal appeared first on Cryptonews

Reddit shares jump after-hours on OpenAI data-sharing deal

17.5.2024
Reddit said the deal allows OpenAI’s tools to “better understand and showcase Reddit content” and sees the AI firm back new features on the social platform

Coinbase Shares Sink 9% on Report CME to Consider Listing Spot Bitcoin

16.5.2024
The stock was the second worst performing among crypto stocks on Thursday

Millennium Management and Morgan Stanley Report Significant Spot Bitcoin ETF Holdings

16.5.2024
According to 13F filings with the U.S. Securities and Exchange Commission (SEC), Millennium Management, a highly successful hedge fund, holds nearly $2 billion in spot bitcoin exchange-traded fund (ETF) shares. This week, it was further revealed that Morgan Stanley, a giant multinational investment...

Gamestop, AMC Shares Plunge as ‘Roaring Kitty’ Keeps Posting Video Clips and Memes

15.5.2024
On Wednesday, while equity markets experienced a rise following the release of the consumer price index (CPI) report, Gamestop’s stock GME tumbled 34%, and AMC’s shares fell more than 25%. Concurrently, the well-known ‘Roaring Kitty’ continued to share video clips of classic...

Top 10 US Pension Fund Invests $162 Million In Bitcoin ETFs

14.5.2024
Wisconsin's leading pension fund bought shares in both BlackRock and Grayscale's Bitcoin ETFs. The post Top 10 US Pension Fund Invests $162 Million In Bitcoin ETFs appeared first on Cryptonews

Gamestop Shares Surge 70% as Roaring Kitty Returns to Social Media

13.5.2024
Gamestop shares climbed by 70% today, representing the most significant gain since 2021, triggered by a mysterious social media post from Roaring Kitty, the figurehead of the earlier meme stock and Wall Street Bets craze. This sharp rise in the stock’s value occurred alongside pronounced...

Wells Fargo Holds Spot Bitcoin ETFs, Reveals SEC Filing of Grayscale Shares

11.5.2024
Wells Fargo, a major US banking entity, is now storing a spot bitcoin ETF for its customers, as revealed in a new SEC filing, holding 2,245 shares of the Grayscale Bitcoin Trust (GBTC), which was recently converted into an ETF. Though the value of these shares stands at $121,207, a small fraction...

JPMorgan reports holding shares of several spot Bitcoin ETFs

10.5.2024
The largest bank in the U.S. with $2.6 trillion in assets reported to the SEC that it had purchased roughly $760,000 worth of shares of Bitcoin ETFs

Exodus CEO frustrated as SEC delays listing amid celebrations

10.5.2024
Exodus hits regulatory roadblock despite previous approval as “numerous employees and their families” arrive in NYC to face disappointment

Dishonored Developer Shares The Personal Pain Of Microsoft's Studio Closures

8.5.2024
Harvey Smith, the now-former studio director at Arkane Austin, has taken to X/Twitter to express his feelings about Microsoft’s sudden and shocking closure of the beloved developer, alongside three other Bethesda-adjacent studios, Tango Gameworks, Alpha Dog Games, and Roundhouse Games. The team...

Bitcoin miner Marathon Digital to join S&P SmallCap 600, shares jump 18%

7.5.2024
Marathon Digital will officially be added to the index fund on May 8

Robinhood Shares Fall After Its Crypto Arm Gets Wells Notice From SEC

6.5.2024
The trading platform previously ended support for all tokens that were named in SEC lawsuits against Binance and Coinbase

Robert Kiyosaki Shares Crash Survival Rules — Warns ‘Crash Has Begun, It Will Be a Bad One’

5.5.2024
Rich Dad Poor Dad author Robert Kiyosaki has cautioned that a crash has begun, highlighting its severity. The famous author also shared his crash survival rules. He urged investors to invest in bitcoin, alongside gold and silver, emphasizing that they are “real money that goes up in value...

Block, Inc. Q1 results top estimates, shares jump after-hours

2.5.2024
Block’s first-quarter 2024 results beat Wall Street analyst estimates on earnings and revenue which saw its share price surge after the bell

Crypto Market Downturn Hits Coinbase, Microstrategy, and Mining Stocks Hard

1.5.2024
During the widespread downturn in the cryptocurrency markets, publicly listed companies within the sector such as Coinbase, Microstrategy, and bitcoin mining enterprises have experienced notable declines in their stock values. Shares of Coinbase have fallen by over 21% since last month, and in...