By Marco Piccolo Key highlights: Goldman Sachs upgraded Coinbase (COIN) to a Buy rating, citing diversification into structural crypto services. The bank raised its 12-month price target for COIN to $303, implying 17% upside from current levels. The bullish outlook is supported by Coinbase’s expansion into tokenization, prediction markets, and infrastructure services. Shares of publicly-traded […]
Tag: CFA
By Emir Abyazov Key highlights: Blockchain data shows that Bitcoin whale accumulation is widely overstated due to exchange wallet consolidation rather than genuine buying. When exchange-related distortions are removed, large Bitcoin holders are still distributing supply, not accumulating it. U.S. spot Bitcoin ETFs now control a meaningful share of supply, reshaping market structure and price […]
By Emir Abyazov Key highlights: Anthony Pompliano says we should expect Bitcoin to occasionally display 30%+ dips. While they may feel extreme from a traditional markets perspective, they’re normal for Bitcoin. Pompliano says market scares should be used as opportunities to revisit conviction rather than panic-sell. New participants may trigger larger moves due to unfamiliarity […]