Crypto stocks rally as Bitcoin price continues to climb

Coinbase (COIN) upgraded at JPMorgan following Bitcoin rally

February 15, 2024 7:46 AM EST

Coinbase (NASDAQ: COIN) was raised to neutral from Underweight at JPMorgan on Thursday, with the bank citing the surge in the Bitcoin price as its reason. Analyst Kenneth Worthington maintained an $80 price target on the stock.

He told investors that the Bitcoin... More

Peter Thiel's VC firm injected $200 million in bitcoin and ether before bull run

February 13, 2024 9:11 AM EST

According to Reuters, Peter Thiels Founders Fund has made a new investment in bitcoin and ether before the beginning of the ongoing crypto bull run.

Amidst a resurgence of interest in the cryptocurrency sector from Silicon Valley, the venture capital firm reportedly allocated $200 million towards purchasing these... More

Peter Thiel's Bought $200M of Bitcoin and Ether Last Year - Reuters

February 13, 2024 5:54 AM EST

Peter Thiel's Founders Fund purchased $200 Million of Bitcoin and Ether last year - Reuters

The investment took place right before the current crypto bull run.... More

Bitcoin breaks above $50k as spot ETFs see strong inflows

February 13, 2024 4:31 AM EST

Investing.com-- The price of bitcoin hit an over two-year high on Tuesday, with the worlds largest cryptocurrency crossing key levels amid consistent capital flows into the recently approved spot exchange-traded funds. 

Bitcoin rose 3.2% to $50,160.2 by 20:13 ET (05:13 GMT), crossing the $50,000 mark for the first time since December 2021. The token was now about $19,000 away from making new record highs.

Gains in bitcoin came amid consistent capital flows into the recently-approved spot ETFs, which saw net inflows of over $1 billion in the past week, digital asset management firm CoinShares said in a report on... More

Bitcoin Briefly Tops $50,000

February 12, 2024 12:22 PM EST

Bitcoin Briefly Tops $50,000

... More

Prepare for a Bitcoin FOMO rally to record highs - Bernstein

February 12, 2024 7:21 AM EST

On Friday, Bitcoin crossed the $48,000 mark, registering a 13% increase over the past week and edging closer to the key $50,000 resistance level.

Despite a significant upturn in 2023, with a 160% increase, and maintaining resilience in 2024, the current interest in Bitcoin still falls short of the peaks seen in 2017 and 2021.

However, Bitcoins best days are yet to happen as the ETF-driven market fuels fears of missing out (FOMO), Bernstein analysts Gautam Chhugani and Mahika Sapra said in a note. In this... More