Recently, Coinbase, the prominent US-based cryptocurrency exchange, has experienced a significant boost in its market share following the introduction of multiple spot Bitcoin exchange-traded funds (ETFs) in January. This surge has led to analysts at Goldman Sachs upgrading their rating on Coinbase shares from selling to neutral. Additionally, they have adjusted their price target to
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After reaching an all-time high of $69,000, Bitcoin experienced a sharp decline of over 10%. However, the subsequent rebound to $68,000 has reignited positive sentiments among investors, with forecasts of a potential rally to unprecedented heights. Analyst Matthew Hyland has identified a key trend that may trigger a bullish surge for Bitcoin, with a projected
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The surge in the cryptocurrency market has brought about a renewed interest in Ethereum-based altcoins. According to on-chain data analyzed by Santiment, several altcoins have recently experienced a significant increase in whale activity. This activity is reflected in the whale transaction count, which tracks transfers valued at $100,000 or more on the network. In this
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