JPMorgan downgrades Coinbase, calls Bitcoin ETF 'disappointing'
JPMorgan analysts downgraded Coinbase to underweight on Tuesday.
JinseFinanceJPMorgan analysts downgraded Coinbase to underweight on Tuesday.
JinseFinanceThe cryptocurrency market faces uncertainties as the bitcoin ETF catalyst loses its previous luster, impacting major players like Coinbase. Investors should tread carefully amidst potential market deflation.
SanyaBitcoin Whales Trigger Concerns: 70,000 BTC Sell-Off Sparks Price Correction Fears. Analyst Ali Martinez warns of potential retracement to $32,700 based on historical patterns. Current market volatility and $3 billion sell-off prompt caution among investors.
EdmundSharing insights into his diversified crypto portfolio, primarily consisting of Bitcoin and Ethereum, Hayes emphasizes the poor liquidity of other altcoins and their derivatives. He foresees the market initiating a substantial correction around March 12th if his projections materialize as expected.
Huang BoBitcoin faces short-term correction risks as sell pressure from short-term holders and a holiday-induced illiquid market persist. Analysts, including Bitfinex's Jag Kooner, highlight the potential for a pullback above $44,000, emphasizing the role of profit-taking by medium-term holders. Despite a prolonged streak of bitcoin profitability, historical market behavior suggests pullbacks before a projected $3.2 trillion high by 2024. The current valuation parallels past trends, indicating a potential pullback after reaching the $44,000-$45,000 zone.
SanyaDamage from FTX fallout has been widespread and Robinhood’s near-term outlook appears to be gloomy.
cryptopotatoThe bitcoin mining difficulty had dropped over the month of September, which led to a large increase in the bitcoin hashrate.
BitcoinistData shows the recent Bitcoin hashrate downtrend has lead to the largest negative adjustment in the mining difficulty during the ...
BitcoinistBitcoin mining difficulty has been adjusting for a while now. With the hashrate falling as more miners go offline due ...
BitcoinistThe new analytical reason shows that the derivatives have changed a lot in half a year, and the price increase of Bitcoin is more sustainable.
Cointelegraph