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Tag: Analyst

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XRP is about to cross $3 for the first time in 7 years — analyst eyes $6 once $3 mark is breached

XRP is trading at $2.94 at the time of writing, up 6% in the past 24 hours and 29% over the last week. Following the latest rally, XRP xrp4.4%XRP may cross the crucial $3 psychological mark, a level last reached in 2018. Its seven-day range is between $2.25 and $2.95, and traders are keeping a close eye…
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Bitcoin is oversold after Israeli strike on Iran: analyst

Analysts believe that Bitcoin will likely rebound after a notable drop due to geopolitical tensions in the Middle East. The threat of a regional war in the Middle East is escalating, and crypto markets are feeling the pressure. On Friday, June 13, Bitcoin (BTC) dropped nearly 5% to a daily low of $102,822, as Israel’s early-morning strike…
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Analyst launches BTC miner M&A deal tracker

H.C. Wainwright, an investment bank that offers strategic advisory and equity research has launched a Bitcoin mining-focused deal tracker. Mike Colonnese, a managing director of equity research at H.C. Wainwright, announced the launch of the Bitcoin btc1.12%Bitcoin ‘HCW BTC Miner M&A Deal Tracker’ in a note shared with crypto.news on Sept. 4. According to the analyst, the…
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Bitcoin mining stock analyst discusses ‘Trump Bump’

Analysts from H.C. Wainwright believe the market’s positive reaction to crypto suggests increased confidence in Republican presidential candidate Donald Trump’s election prospects. This confidence comes because Trump is known for his pro-crypto stance, particularly his support for Bitcoin (BTC) mining in the U.S. Following a failed assassination attempt on Trump during a campaign rally in Butler, Pennsylvania,…
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Analyst: Bitfarm’s stock is unjustifiably discounted, sees 75% upside

Analysts from H.C. Wainright believe Bitfarm’s growth strategy is promising, and the stock could have a 75% upside. In a recent market report, the analysts expressed optimism about Bitfarms‘ potential to expand its market share and lower production costs in 2024. They cited Bitfarm’s actions to embark on a fleet upgrade and growth strategy and anticipate…
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Bitcoin Pumps Above $70K as Crypto Rally Resumes; Analyst Sets $83K Price Target

The gains were broad-based, with SOL and AVAX advancing more than 10% over the past 24 hours. Bitcoin took out the $70,000 level after a 10-day cool-off. The rally didn’t trigger mass short liquidations, suggesting there weren’t many market participants using leverage to bet on falling prices. Bitcoin could reach $83,000 after breaking upwards from…
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