All articles tagged with #crypto stocks
Crypto-linked stocks jumped after the SEC announced a five-year exemption allowing tokenized stocks to trade on approved platforms, creating a regulatory framework for blockchain-based versions of public securities; leaders included MSTR (~7%), MARA (~6%), COIN, GLXY and CRCL (~6%), with HOOD up ~3%.
Bitcoin jumped over 5% to about $72,384, its highest since June, with a two-day gain near 12% as Treasury yields fell and a short squeeze boosted crypto trading; Coinbase and Circle rose roughly 7% as crypto executives pressed Congress to pass a fair Clarity Act before year-end, a move seen as a key catalyst for regulation and the market’s exit from the crypto winter, though partisan divides over ethics rules threaten timing and a Senate vote; Bitcoin remains about 40% below its October 2025 high of around $126,000.
Bitcoin’s price slipping below Strategy’s average cost basis near $76,000 creates a near-term psychological hurdle for the stock, but the piece argues this is a structural reset rather than a disaster. Strategy has a modular capital stack—issuing stock above NAV and a suite of perpetual preferreds (STRC, STRF, STRK, STRD)—plus about $2.25 billion in cash, which cushions dilution and funds ongoing Bitcoin acquisitions. With a Strong Buy consensus and substantial upside if crypto recovers, the long-term bull case remains intact despite near-term volatility.
Famed investor Michael Burry warned that a Bitcoin selloff could intensify into a self-reinforcing “death spiral,” potentially harming corporate holders, miners, and crypto stocks, per Bloomberg via his Substack post.
Jim Cramer criticized the market's overreaction to strong US GDP data, which caused panic selling in high-growth sectors like Nvidia, AI, and crypto stocks, calling the reaction 'stupid' despite positive economic indicators.
Bitcoin reached a two-month high near $120,000 amid a broader crypto rally, with Bakkt Holdings soaring 150% this week after restructuring and strategic moves, signaling a positive shift in the digital asset infrastructure sector.
Cathie Wood has invested $23 million in crypto stocks and has reduced her stakes in Roku, DraftKings, and Teradyne, reflecting a strategic shift in her investment portfolio.
Bitcoin reached new all-time highs, surpassing $118,000, fueling a record week for Coinbase, major miners, and crypto stocks, driven by institutional interest, market optimism, and supportive comments from President Trump, with related ETFs also hitting new highs despite a slight decline in broader equity indexes.
Bitcoin surged past $72,000, boosting U.S. crypto-related stocks like Coinbase and MicroStrategy, while meme coins like dogwifhat and pepe also rallied. Altcoins are seen as undervalued, with potential for further gains as bitcoin dominance peaks pre-halving. Technical analysis suggests bitcoin could reach new record highs, with BlackRock's bitcoin exchange-traded fund attracting more authorized participants, including Goldman Sachs and Citigroup. Additionally, the bitcoin-to-gold ratio remains below its 2021 high despite bitcoin setting new fiat currency highs.
U.S. crypto-related stocks, including Coinbase, MicroStrategy, and BlackRock's bitcoin exchange-traded fund, saw gains as bitcoin surpassed $72,000 for the first time since March ahead of its upcoming reward halving on April 20. The CoinDesk 20 Index, reflecting the broader crypto market, also rose 3.1% over 24 hours. As a result, companies like Marathon Digital, Hut 8, and Argo Blockchain experienced stock increases, indicating a positive start to the week for the crypto market.
U.S.-listed crypto companies surged as bitcoin surpassed $51,000, reaching a $1 trillion market cap, with Ether also hitting a high of $2,754 and the total crypto market cap reaching $2 trillion. Coinbase, MicroStrategy, BlackRock’s bitcoin ETF, and Robinhood all saw gains, while miners like Iris Energy, Marathon Digital, and Riot Platforms also experienced significant increases.
Crypto stocks, including COIN, MSTR, CLSK, RIOT, and MARA, rallied in pre-market trading as Bitcoin surged past $46,000 for the first time in nearly a month. Mining firm CleanSpark led the way with a nearly 20% increase, attributed to positive Q3 2023 results. Other cryptocurrency-related publicly traded companies also showed healthy gains, with Bitcoin's rally boosting its advance for the week to almost 10%.
Bitcoin and other cryptocurrencies experienced a significant drop, with bitcoin falling back to $40,000 and ether also declining. This downward trend in the crypto market also affected related stocks, with companies like Coinbase and Microstrategy seeing losses. According to experts, this correction is linked to the recent ETF launch and significant selling by short-term traders and large bitcoin holders, as well as a risk-off attitude in the market.
On the first trading day of U.S. exchange-traded funds holding the largest digital currency, Bitcoin and crypto stocks experienced mixed performance, with Bitcoin rising 1% to near $45,000 after initially surging to about $49,000. Ether also saw a 7% jump to about $2,600. However, Bitcoin mining stocks fell, and crypto exchange Coinbase Global, which serves as the bitcoin custodian for eight of the 11 funds, fell 7%, while MicroStrategy, a bitcoin-buying software intelligence firm, was down 6%.
Bitcoin bounced back above $43,000, leading a rally in the crypto market and digital asset-focused stocks, as the Federal Reserve projected interest rate cuts for next year. The Fed's dovish projection caused bond yields and the U.S. dollar index to fall, supporting a broad-market rally for risk-assets. Bitcoin's surge of almost 5% pushed it past $43,000, while altcoins like Avalanche, Cardano, and Injective posted gains of nearly 10%. Crypto-related stocks, including Coinbase, MicroStrategy, Marathon Digital, Riot Platforms, and CleanSpark, also saw significant increases. The Fed's decision to hold or reduce interest rates injected optimism among investors, extending to cryptocurrencies as well.