Bernstein Labels Current Bitcoin Correction as ‘Weakest in History’
The current downturn is the "weakest bear scenario" in the history of the leading cryptocurrency, analysts at Bernstein stated.Content related to Bernstein.
Bernstein Labels Current Bitcoin Correction as ‘Weakest in History’
The current downturn is the "weakest bear scenario" in the history of the leading cryptocurrency, analysts at Bernstein stated.
Cryptocurrency Trading Volume in November Falls to Lowest Since June at ~$1.6 Trillion
In November, the spot trading volume on centralized cryptocurrency exchanges fell to $1.59 trillion, marking the lowest level since June, according to data from The Block.
Bitcoin’s 25% Correction Deemed Short-Term by Bernstein Analysts
The nearly 25% drop in Bitcoin's price from its ATH near $126,000 is considered short-term and not the start of a major downtrend, according to Bernstein researchers.
Bernstein Affirms Resilience of USDC Issuer
Shares of Circle fell by 12.2% despite a strong third-quarter report. Bernstein analysts consider investors' concerns unfounded.
Bernstein Predicts USDC Market Cap to Triple
Circle is set to be the main beneficiary of new U.S. stablecoin regulations. Bernstein forecasts nearly a threefold increase in USDC supply over two years.
Bernstein Predicts Bitcoin Surge to $200,000 by 2027
The current bullish trend in the cryptocurrency market is expected to continue until 2027, according to analysts at Bernstein.
Coinbase Poised to Benefit Most from Ethereum’s Surge, Says Bernstein
American cryptocurrency exchange Coinbase stands to gain the most from Ethereum’s rally and the onset of altcoin season, according to analysts from research firm Bernstein, as reported by The Block. At the time of writing, Ethereum is trading at $4288. On August 11, the coin’s price reached $4300, marking a multi-year high. Hourly chart of […]
Bernstein Hails SEC’s Crypto Initiative as ‘Revolutionary’
Bernstein analysts have described Project Crypto as “the boldest and most transformative vision for cryptocurrencies ever articulated by the SEC.” This was reported by The Block. Experts predict that the project will bring innovation back to the country and transform the U.S. into a global hub for blockchain finance. Project Crypto was introduced by SEC […]Bernstein flags a new driver of Ethereum’s rally
Analysts at Bernstein highlighted two drivers of Ethereum’s 55% rise over the past 30 days: record inflows into spot ETFs and the emergence of a new class of investor, The Block reported. Companies have begun building corporate reserves in the world’s second-largest cryptocurrency to earn staking income. Bernstein estimates that firms such as SharpLink Gaming, […]
GENIUS Act Spurs Ethereum Rally, Say Analysts
The adoption of the GENIUS Act and demand for Ethereum from major corporations are acting as catalysts for the cryptocurrency’s continued growth, according to analysts at Bernstein, reports The Block. On July 18, U.S. President Donald Trump signed the GENIUS Act. The law sets regulatory requirements for the stablecoin segment. Experts believe this will strengthen […]
Bernstein Identifies Three Catalysts for Ethereum’s Rally
Analysts at Bernstein have pinpointed three primary factors that have driven Ethereum’s approximately 60% surge over the past month, according to The Block. The brokerage firm’s experts noted that the ETH/BTC pair ratio has dropped by 45% over the past year, as Bitcoin has dominated as a store of value and a corporate reserve asset. […]
Bernstein Estimates $9 Billion Demand for Coinbase Shares Following S&P 500 Inclusion
Index funds may generate approximately $9 billion in demand for Coinbase shares following their inclusion in the S&P 500, according to calculations by Bernstein, reports The Block. Investments from active funds tracking the popular benchmark are expected to reach around $7 billion. Matthew Sigel, head of digital asset research at VanEck, estimated the total purchase […]We use cookies to improve the quality of our service.
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