[TD Cowen: Strategy stock target price $585, upside potential approximately 170%] TD Cowen analysts Lance Vitanza and Jonnathan Navarrete stated that despite Strategy's mNAV recently falling below 1 and Bitcoin prices dropping to a seven-month low, this does not alter its long-term outlook. The analysts maintain a target price of $585 for MSTR, representing an upside potential of approximately 170% compared to the current stock price of around $194. They believe the current weakness mainly reflects market volatility rather than changes in the company's ability to accumulate additional Bitcoin.
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더보기 >Coinbase 将上线 Superfluid(SUP)现货交易
[Coinbase to Launch Superfluid (SUP) Spot Trading] Coinbase Markets announced that Superfluid (SUP) spot trading on the Base network will go live on November 17 (Eastern Time). The SUP-USD trading pair will be available later that day in supported regions, subject to liquidity conditions.
Bitcoin and Ethereum: Prices Further Drop Due to AI and Macroeconomic Concerns
The prices of Bitcoin and Ethereum continue to decline due to factors related to artificial intelligence and macroeconomic concerns. (Decrypt)
ETH Short term Direction Selection: Key Resistance Levels Face Breakthrough Test
The current 1-hour cycle K-line shows that the ETH price is hovering below the EMA24 and EMA52 moving averages, with slopes of -1.01% and -0.62% respectively, indicating a clear bearish signal for member indicators. Based on the distribution of chips, there is a significant concentration of transactions in the 3204 front line, and the suppression effect is significant. On a technical level, although the KDJ indicator shows a golden cross, the trading volume has shrunk to 46.44% of the average level, indicating insufficient performance. The latest candlestick chart shows a cross star, indicating an intensification of long short games, but overall it is still constrained by a downward trend. Open membership immediately, receive real-time resistance support warning, and seize the opportunity to break through! The data is sourced from the PRO member's [ETH/USDT Binance 1-hour] K-line, for reference only, and does not constitute any investment advice.
美股三大股指收跌,Coinbase 跌超7%
[The three major U.S. stock indexes closed lower, Coinbase dropped over 7%] U.S. stocks closed weak on Monday, with the Dow Jones Industrial Average preliminarily down 1.2%, the S&P 500 down 0.9%, and the Nasdaq Composite down 0.84%. Google (GOOG.O) rose 3% due to Buffett's investment, while Apple (AAPL.O) and Nvidia (NVDA.O) both fell nearly 2%. Cryptocurrency trading platform Coinbase (COIN.O) saw its stock price drop 7.06%.
21shares提交Canton网络ETF申请
[21Shares Submits Canton Network ETF Application] Bloomberg analyst James Seyffart stated that 21Shares has submitted an application for the Canton Network ETF.