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Goldman Sachs Reevaluates Coinbase, Eyes Neutral Stance Amid Crypto Surge


In a significant shift, Goldman Sachs has upgraded its rating on Coinbase shares from selling to neutral, citing a surge in crypto prices and record-breaking daily volumes. The adjustment to a $282 price target reflects the bank’s reassessment of the San Francisco-based crypto...

NYCB Shares Plunge 42% Before Rebound on $1 Billion Capital Raise


New York Community Bancorp (NYCB) made headlines on Wednesday as its stock experienced a dramatic plunge of 42% before staging a rebound following the announcement of a $1 billion capital raise.    The post NYCB Shares Plunge 42% Before Rebound on $1 Billion Capital Raise appeared first...

AI Tokens to Democratize Access To Artificial Intelligence Models


Artificial Intelligence (AI) is set to be one of the most transformative technologies of the century. A new report from ResearchAndMarket.com projects the global AI Market is expected to be valued at around $1,057.47 billion by 2030. Unsurprisingly, this potential has fueled immense growth...

Justin Sun Shares HTX Screenshot of His Account Holding $1.6B Bitcoin


Tron founder Justin Sun showcased his Bitcoin holdings using the social media platform X -- in a screenshot, Sun shared that his HTX account contained 28,614 BTC which is worth $1.6 billion. The post Justin Sun Shares HTX Screenshot of His Account Holding $1.6B Bitcoin appeared first on Cryptonews

Cathie Wood’s Ark Invest Sells $7M Shares Each in Coinbase, Robinhood


Cathie Wood-led Ark Invest sold 35,509 Coinbase shares worth $6.89 million, 444,853 Robinhood shares worth $6.94 million, and 2,724 Nvidia shares worth $2.15 million on Feb. 26. The post Cathie Wood’s Ark Invest Sells $7M Shares Each in Coinbase, Robinhood appeared first on Cryptonews

Dechat Accidentally Shares Honeypot Scam Link in Token Announcement


New Web3 project Dechat has drawn attention after unintentionally sharing a honeypot scam link during its token announcement on February 26. This mistake was brought to the project’s notice by popular crypto investigator ZachXBT. The post Dechat Accidentally Shares Honeypot Scam Link in Token...

FTX Cleared to Sell Its Stake in AI Startup Anthropic: Report


Bankrupt cryptocurrency exchange FTX has been permitted to sell its shares in the artificial intelligence firm Anthropic, according to an issue ordered by U.S. Federal Judge John Dorsey on Thursday, reports Reuters. The post FTX Cleared to Sell Its Stake in AI Startup Anthropic: Report appeared...

Cathie Wood’s ARK Sells More Coinbase Stock Amid Bitcoin Surge


ARK Invest, the asset management firm led by prominent Bitcoin (BTC) advocate Cathie Wood, has sold a significant amount of Coinbase stock ahead of the crypto exchange’s impressive earnings report. According to a filing on Thursday, ARK Invest sold $34.3 million worth of Coinbase shares from...

Bitcoin ETFs May Hurt Coinbase’s Bottom Line In 2024: Analyst


Senior Researcher at Leverage Shares, Sandeep Rao, believes that Coinbase’s dominant market position as “the dominant venue for all things crypto” faces a new challenge. In a recent interview with Cryptonews, Rao warned that the company’s medium-to-long-term performance could suffer...

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