Analyst Ratings

Iris Energy is poised to become one of the biggest listed bitcoin miners with HPC optionality: Canaccord. (Shutterstock)
Iris Energy Is Positioned to Become One of the Biggest Listed Bitcoin Miners: Canaccord
The broker raised its price target for the shares to $15 from $12 and reiterated its buy rating.
Iris Energy is poised to become one of the biggest listed bitcoin miners with HPC optionality: Canaccord. (Shutterstock)

Coinbase upgraded to buy from neutral on improving regulatory risk: Citi. (Coinbase)
Coinbase Upgraded to Buy From Neutral on Improving Regulatory Risk: Citi
The Wall Street bank increased its price target on the crypto exchange’s shares to $345 from $260.
Coinbase upgraded to buy from neutral on improving regulatory risk: Citi. (Coinbase)

Core Scientific upgraded to buy from neutral to reflect HPC expansion: B Riley (Eliza Gkritsi/CoinDesk)
Core Scientific Upgraded to Buy From Neutral to Reflect HPC Expansion: B Riley
The bitcoin miner will be a leader in hosting high-performance computing due to its lucrative deals with CoreWeave and management’s deep experience in operating enterprise dat...
Core Scientific upgraded to buy from neutral to reflect HPC expansion: B Riley (Eliza Gkritsi/CoinDesk)

Defi Technologies sell-off is overdone, reiterate Buy: Benchmark (sergeitokmakov/Pixabay)
DeFi Technologies Stock Sell-Off Is 'Attractive Buying Opportunity,' Benchmark Says
The stock lost nearly half of its value earlier this week following the tumble in altcoins and after the publication of a negative opinion piece in a crypto newsletter, the re...
Defi Technologies sell-off is overdone, reiterate Buy: Benchmark (sergeitokmakov/Pixabay)

Michael Saylor (CoinDesk)
Bitcoin Could Hit $1M Within 10 Years, Bernstein Says as It Initiates Coverage of MicroStrategy
The broker assigned the software company an outperform rating and a $2,890 price target.
Michael Saylor (CoinDesk)

Bank of America (Taylor Simpson/Unsplash)
Coinbase Upgraded to Neutral From Underperform at Bank of America on Positive Crypto Market Dynamics
The current macro backdrop has been positive for crypto market cap growth and trading volumes, the report said.
Bank of America (Taylor Simpson/Unsplash)

Robinhood reported a large earnings beat driven by crypto trading. (Shutterstock)
Robinhood Delivers Big Earnings Beat Driven by Booming Crypto Trading: Analysts
The positive momentum seen in the first quarter has continued, with the platform taking in a record $5 billion in deposits in April, the analysts said.
Robinhood reported a large earnings beat driven by crypto trading. (Shutterstock)

President Trump Delivers Remarks in New Orleans; Jan 14, 2019
Bitcoin Could Benefit From a Trump Win and U.S. Fiscal Dominance: Standard Chartered
A Trump election victory could be positive for crypto as his administration would likely push for a more supportive regulatory environment, the report said.
President Trump Delivers Remarks in New Orleans; Jan 14, 2019

Coinbase CEO Brian Armstrong (Coinbase video)
Crypto Exchange Coinbase Had a Blowout First Quarter: Analysts
The business has a number of positive catalysts including its smart wallet, Coinbase Prime, layer-2 network Base and its growing international offering, the analysts said.
Coinbase CEO Brian Armstrong (Coinbase video)

MicroStrategy Executive Director Michael Saylor (CoinDesk)
MicroStrategy Could Merit S&P 500 Inclusion If It Adopts New Accounting Rules: Benchmark
Early adoption of new accounting standards means the company could report a gain of more than $300 per share for the first quarter and meet the remaining requirement for index...
MicroStrategy Executive Director Michael Saylor (CoinDesk)