Key highlights: Morgan Stanley initiated coverage of SpaceX (SPCX) with an Overweight rating and a $300 price target The target is among the highest on Wall Street and implies roughly 87%-90% upside from recent trading levels Analysts believe AI infrastructure, Starlink, and orbital computing could become major long-term revenue drivers Morgan Stanley has become one […]
Category: News
Key highlights: Binance has launched a product offering Bitcoin holders a weekly yield However, Binance warned that investors can suffer large losses as principal is not protected Bitcoin yield products are surging in popularity with several service providers racing to launch their own versions The Binance crypto exchange has unveiled BTC Yield, a new product […]
Key highlights: BitMine acquired 42,197 ETH, worth about $73 million, last week The purchase comes amid the recent Ethereum price surge While BitMine continues to purchase ETH, Strategy has sold $216 million in BTC Besides ETH, BitMine also has other holdings, including Bitcoin. According to the available data, the firm holds 206 BTC, $527 million […]