Kbw
EToro Third-Quarter Results Top Estimates on Crypto Trading Strength, KBW Says
The trading platform’s adjusted Ebitda beat expectations as higher crypto trading and net interest income offset weaker equities and commodities results.
Newly Public Crypto Exchange Gemini Gets Lukewarm Reception From KBW
Though liking the long-term prospects for the Winklevoss-led company, KBW placed a market perform rating on the stock, expecting GEMI to remain unprofitable for the time being.
Figure Gets Mixed Wall Street Debut as KBW, BofA Diverge on Outlook
The newly public blockchain lender earns praise for market share in tokenized credit, but concerns remain over scaling and regulation.
Bullish Shares Jump as Citi, Canaccord Praise IPO Debut and BitLicense Win
Wall Street analysts see upside in Bullish’s early execution, citing accelerating SS&O growth, regulatory progress and options trading on the horizon.
Bullish Gets a New $55 Price Target from KBW With U.S. Entry Seen as Key Catalyst
The bank assumed coverage of the crypto exchange with a market perform rating and a $55 price target.
Galaxy Digital Slips 8% Post-Earnings as Investors Take Profits Following Big Run Higher
Helmed by CEO Mike Novogratz, the firm secured the entire 800MW of HPC capacity at Helios after CoreWeave exercised its final option.
CoreWeave’s All-Stock Bid for Core Scientific Likely to Draw Shareholder Scrutiny: KBW
Deal valued at $20.40/share marks second acquisition attempt; KBW sees limited upside for Core Scientific shareholders.
Coinbase Shares Could See $16B of Buying Pressure From S&P 500 Index Inclusion: Bernstein
The exchange is the first and only crypto company to join the S&P 500 index.
U.S. Strategic Bitcoin Reserve, Crypto Stockpile a 'Pivotal Moment' for Industry: KBW
Bitcoin is the real winner as it is exclusively being treated as a reserve asset, the report said.
KBW Starts Strategy Coverage With Outperform, Says Firm Offers Leveraged Bitcoin Exposure
The stock could be eligible for S&P 500 index inclusion once it adopts updated FASB accounting standards, the report said.
