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Coin Market

JPMorgan downgrades Coinbase stock to ‘underweight’ following spot Bitcoin ETF approvals

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The investment bank had previously categorized Coinbase stock as a “neutral” rating but maintained its price target of $80 by December 2024.

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Coin Market

Luxor raises $16M from CMT Digital amid AI-Bitcoin miner convergence

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Luxor aims to use the proceeds to scale its existing AI infrastructure business and expand its GPU sourcing services as global chip supply chains become constrained.

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Coin Market

Hayes details FLOP’s AI compute derivatives vision after selling his altcoins

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Arthur Hayes revealed the derivatives market design for Flop Network and how he expects its native token could transform AI compute into a tradable commodity.

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Coin Market

Bitcoin price analysis sees ‘strong rally’ as old coins become dormant

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A decline in the share of Bitcoin’s realized cap held by coins unmoved for 18 months or longer points to the ‘early stages’ of a bull market, analysis says.

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