Coinbase stock to $1,700? This crypto investor thinks so

As an experienced financial analyst, I believe that Will Clemente’s prediction of a $400 billion market cap for Coinbase is quite ambitious, given the current regulatory environment and the company’s stock performance since its initial public offering. However, if there is a significant shift in U.S. crypto regulations, Coinbase could indeed see a dramatic increase … Read more

Multicoin Capital pledges up to $1m to pro-crypto Senate candidates

As a seasoned crypto investor, I’m always keeping an eye on developments that could potentially impact the industry’s growth and regulation. The recent announcement by Multicoin Capital, one of the most prominent crypto-focused investment firms in the US, to support pro-crypto Senate candidates through Sentinel Action Fund, is a significant development that I believe bodes … Read more

Tether-Backed Firm Northern Data Sued for Tax Evasion

As a researcher with a background in financial investigations and corporate governance, I find the ongoing legal proceedings against Northern Data, a German-based AI and crypto infrastructure firm, to be of great concern. The allegations of financial misrepresentation and tax evasion leveled by former executives Joshua Porter and Gulsen Kama are serious and if proven … Read more

Only 5 Bitcoin Mining ASICs Profitable Below $55K: F2Pool

As an experienced financial analyst, I’m deeply concerned about the current state of Bitcoin mining. According to F2Pool, only five ASIC models are still profitable at present prices, and even these are barely breaking even. The market’s volatility is putting immense pressure on miners as they struggle with operational costs and revenue streams. Based on … Read more

Ethereum Price Could Drop Below $2,500 as Market Volatility Intensifies

As an experienced analyst, I’ve seen my fair share of market volatility and uncertainty in the cryptocurrency space. The recent movements in Ethereum prices have raised concerns, especially with significant transfers from large wallets and the exit of open interest from Ethereum ETFs. Ethereum prices are experiencing increased instability due to market upheaval. The earliest … Read more