Morgan Stanley Sees 43% Upside for Coinbase Stock
Morgan Stanley set a $250 price target on Coinbase stock, implying 43% upside as the exchange expands beyond crypto trading.
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Grayscale Moves to Turn Its Litecoin Trust Into an ETF
Grayscale has filed with the SEC to convert its Litecoin Trust into a spot ETF, aiming to list on NYSE Arca under the ticker LTCN.
Zcash Whale Just Scooped Up $41.6M in Under a Week
A crypto whale just pulled $41.6 million worth of Zcash off exchanges in under a week, and on-chain data suggests they're not selling anytime soon.
Solana's Tokenized Grindr Stock Doubles Its Own NYSE Trading Volume
A tokenized version of Grindr's stock on Solana pulled in $31 million in trading volume in under 24 hours, almost double what the real NYSE listing saw.
Ether Rips 8% Higher, Torching $255M in Short Bets
Ethereum jumped as much as 8.3% in its biggest move in three weeks, wiping out over $255 million in short positions in a single day.
Bitcoin Shrugs Off CPI Jitters as US Inflation Holds Steady at 3.4%
US inflation held at 3.4% in August and Bitcoin bounced right back from its knee-jerk dip, with major altcoins holding gains too.
XRP Traders Can Now Go Long or Short With Leverage on Ondo Perps
Ondo's perpetuals platform has officially listed XRP, letting traders open leveraged long or short positions on Ripple's token.
Strategy Just Chipped Away at Its Debt, But the Junk Rating Clock Is Still Ticking
Michael Saylor's Strategy has cut its net debt by nearly $8 billion in under a year, but S&P's junk rating still looms over the biggest corporate Bitcoin holder.
Nubank Just Turned Your Bank Account Into a Global Stablecoin Wallet
Nubank is bringing its banking playbook to the US with Nu Global, a multi-currency account quietly powered by USDC and EURC stablecoins.