Bernstein Cuts Price Target for Bitcoin Miners
Analysts at Bernstein have lowered their 2025 price targets for Bitcoin miners IREN, CleanSpark, and Riot Platforms, citing significant underperformance relative to Bitcoin this year.
Analysts at Bernstein have lowered their 2025 price targets for Bitcoin miners IREN, CleanSpark, and Riot Platforms, citing significant underperformance relative to Bitcoin this year.
In simple terms, Bitcoin mining is the process of creating new Bitcoins by using powerful computers to solve complex mathematical problems.
On March 20, Solana exchange-traded funds (ETFs) will make their debut on Wall Street.
The Dubai Land Department (DLD) has launched a real estate tokenization pilot program, marking a first for property registration authorities in the Middle East to use blockchain for property title deeds.
Kraken is nearing a $1.5 billion acquisition of trading platform NinjaTrader, significantly boosting its presence in the US derivatives market.
Nasdaq has requested approval from the SEC for Swiss asset manager 21Shares to list and trade shares of a Polkadot (DOT) exchange-traded fund (ETF).
Tokyo-listed investment firm Metaplanet has increased its Bitcoin holdings by purchasing an additional 150 BTC for $12.5 million at an average price of $83,508 per Bitcoin.
Xapo Bank has launched a Bitcoin-backed loan service, enabling eligible members to obtain USD loans without selling their Bitcoin.
Hashdex has filed an amendment with the US Securities and Exchange Commission to expand its cryptocurrency index ETF to include additional altcoins like XRP and Cardano (ADA).
Ripple Labs has filed a trademark application for “Ripple Custody,” signaling a move into cryptocurrency custody services.
Canary Capital Group announced on Monday its intention to secure regulatory approval for an exchange-traded fund linked to the spot price of Sui.
Chicago, United States, 17th March 2025, Chainwire
Argentina’s securities regulator has established rules for virtual asset service providers (VASPs), detailing conduct codes and custody requirements for cryptocurrency exchanges and digital asset platforms.
The Bank of Korea has opted not to include Bitcoin in its foreign exchange reserves due to its high volatility and failure to meet the International Monetary Fund’s guidelines on liquidity and risk management.
The US Commodity Futures Trading Commission (CFTC) is taking legal action against a “bogus” crypto exchange accused of defrauding investors through a pig-butchering scheme.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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