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Bitcoin, Ethereum, XRP, Dogecoin Flat As Iran Tensions Rise: Analyst Identifies 'Resistance To Clear' For A BTC 'Breakout' - Grayscale Bitcoin Mini Trust (BTC) (ARCA:BTC)
Benzinga· 2026-02-20 01:59
Leading cryptocurrencies moved sideways on Thursday, while commodities gained as President Donald Trump weighed a military attack on Iran.Crypto Market LanguishesBitcoin extended its sideways movement as trading volumes stayed subdued. Ethereum meandered in the high $1,900s region, awaiting a decisive breakout above $2,000.Shares of cryptocurrency-related companies, including Strategy Inc. (NASDAQ:MSTR) and Coinbase Global Inc. (NASDAQ:COIN) , closed up 3.39% and 1.15%, respectively.Over $160 million was ...
Coinbase’s Base Exits Optimism, Triggers 23% Crash To New All-Time Low
Yahoo Finance· 2026-02-19 12:29
Optimism has plunged to a new all-time low after intense selling pressure overwhelmed recent demand. OP price collapsed 23% in 24 hours, extending an already fragile downtrend. Weak liquidity and deteriorating sentiment had been weighing on the altcoin for weeks. The decline accelerated after Coinbase’s Layer-2 network Base confirmed it is transitioning away from the Optimism OP Stack. Base announced plans to develop its own unified technology stack. The decision removed a major ecosystem catalyst, amplify ...
Bitcoin Bull Bobby Lee Warns Bitcoin Could Break Below Key $60,000 Level
Youtube· 2026-02-17 00:06
FLIGHTIVE. AND BOBBY JOINS US NOW FROM CRYPTO STORAGE. I WONDER IF YOU'RE ABLE TO EXPLAIN OR RUN BACK THE RECENT PRICE ACTION WE'VE SEEN IN BITCOIN.BOBBY: YES, BITCOIN PRICE IS VERY VOLATILE AND A LOT OF IT IS DUE TO TRADING, NOT INVESTMENT BUT SOME ARE TRADING ON THE SPOT EXCHANGES, DERIVATIVES, FUTURES, AND YOU SAID THE OPTIONS MARKET AND FUTURES MARKET. SO WITH A LOT OF LONGS AND SHORT POSITION, IT BECOMES A VERY VOLATILE ASSET ESPECIALLY NOW WE SEE THE BULL MARKET IS OVER AND WE'RE IN FAIR MARKET TERRIT ...
Dogecoin surges ahead while Bitcoin, Ethereum see short-lived gains
Yahoo Finance· 2026-02-14 19:46
Bitcoin and Ethereum rose slightly on Saturday before dipping, erasing any gains they may have notched for the week. But one coin is stealing the show: Dogecoin. The ninth biggest cryptocurrency by market value and original memecoin was recently trading 11% higher over a 24-hour period, according to CoinGecko. The coin is the biggest gainer over the past day out of large cap cryptocurrencies. Dogecoin’s price stood at nearly $0.11 per coin at 2pm in New York. The reason may well be news that X — former ...
Robinhood Q4 Earnings Preview: Analyst Targets, Price Action Signals, Key Technical Signals You Need To Know - Robinhood Markets (NASDAQ:HOOD)
Benzinga· 2026-02-09 09:03
Robinhood Markets Inc. (NASDAQ:HOOD) will release earnings for the fourth quarter of 2025 after the closing bell on Tuesday. Here are the key insights for investors ahead of the event.Strong Q4 Performance Ahead?Analysts estimate the commission-free brokerage platform to announce earnings per share of $0.63, up 16% from the same period last year.The firm is expected to report quarterly revenue of $1.33 billion, up from $1.01 billion last year and 4.7% higher than the third quarter.Is The Market Underestima ...
Bithumb to write off $9 million in Bitcoin losses after giveaway gaffe
Yahoo Finance· 2026-02-08 10:53
The South Korean crypto exchange Bithumb says it will cover $9 million worth of losses with its own funds after a botched promotional event saw it hand out $40 billion worth of Bitcoin to its domestic customers on Friday. But financial regulators are taking a dim view of the so-called fat finger error, and have launched an on-site inspection, South Korean newspaper Kookmin Ilbo reported. Their ire has been stoked by the fact that Bithumb was reportedly on the verge of implementing a system that would have ...
Stock Market Today, Feb. 6: Robinhood Rises With Crypto as Volatility Drives Trading
The Motley Fool· 2026-02-06 22:54
Core Viewpoint - Robinhood Markets has seen a rebound in its stock price due to rising cryptocurrency prices, which has positively impacted trading engagement ahead of its earnings report [2][6]. Company Performance - Robinhood's stock closed at $82.82, reflecting a 13.95% increase for the session, recovering from recent weakness [2]. - The trading volume reached 53.8 million shares, approximately 97% higher than the three-month average of 27.4 million shares [3]. - Since its IPO in 2021, Robinhood has experienced a growth of 138% [3]. Market Context - The S&P 500 and Nasdaq Composite also saw gains, with increases of 1.97% and 2.18% respectively, indicating a broader positive market sentiment [4]. - Other financial services companies, such as Charles Schwab and Interactive Brokers, also experienced stock price increases, suggesting a growing investor interest in retail brokerages [5]. Investor Sentiment - Investors are closely monitoring whether the recent rise in cryptocurrency prices will lead to sustained trading activity or if it is merely a short-term fluctuation [7]. - The volatility in Robinhood's shares is largely driven by expectations around trading engagement rather than long-term fundamentals [7].
Crypto-Related Stocks Surge Following Thursday's Bloodbath - Coinbase Global (NASDAQ:COIN)
Benzinga· 2026-02-06 12:39
Group 1: Market Recovery - Cryptocurrency-exposed stocks experienced a recovery in premarket trading after significant losses, with Bitcoin rebounding 7.86% to $65,760.87 [1] - Mining stocks led the recovery, with MARA Holdings Inc surging 7.88% to $7.26 after an 18.72% decline on Thursday [2] - Strategy Inc, known for its substantial Bitcoin holdings, jumped 8.36% to $115.93 following a 17.12% selloff despite beating analyst estimates [2] - Hut 8 Corp led the recovery with an 8.68% gain to $48.34 after a 17.89% decline [2] Group 2: Market Concerns - Bitcoin approached critical levels, touching $60,074.20, raising concerns among market watchers [3] - Investor Michael Burry warned that miners could go bankrupt and be forced to sell their Bitcoin reserves if BTC falls below $50,000 [3] Group 3: Broader Market Trends - U.S. stock futures advanced, with the SPDR S&P 500 ETF Trust up 0.37% at $680.10 in premarket trading [4]
MYX Finance Price Outshines Bitcoin After 32% Rally Amid Sell-Off
Yahoo Finance· 2026-02-06 09:00
Core Insights - MYX Finance has experienced a significant rally, gaining 32% over the past six days, trading near $6.40, despite broader market weaknesses and Bitcoin's decline towards $65,000 [1][7] - Investor confidence remains strong, as indicated by steady capital inflows and positive Chaikin Money Flow (CMF) readings, suggesting accumulation and increased participation [2][3] - However, derivatives data indicates caution, with a sharp drop in MYX's funding rate into negative territory, reflecting a dominance of short positions, which may pressure price stability [5][6] Market Performance - MYX's price has outperformed the broader market, maintaining above the key support level of $5.99, which has acted as a significant demand zone [7] - The immediate objective for MYX is to reclaim $6.87 as support, which could facilitate a further advance towards the $7.49 resistance zone [8] Investor Sentiment - Sustaining the current momentum is contingent on continued investor conviction and inflows to counteract skepticism from derivatives markets [8] - A renewed sell-off in Bitcoin could negatively impact MYX, despite a limited correlation, and failure to hold the current support may lead to a gradual pullback [9]
Robinhood, Coinbase, Circle shares slide after Bitcoin crash
Yahoo Finance· 2026-02-05 18:14
Market Overview - Bitcoin (BTC) dropped below $70,000, losing approximately 8% in 24 hours, marking its steepest decline since early November 2024, trading at $69,398.37 [1] - The sell-off caused significant volatility in the crypto sector, negatively impacting major blockchain and fintech stocks as the U.S. market opened [1] Company Performance - Robinhood Markets (NASDAQ: HOOD) opened down 2.68% at $78.46, with investors awaiting its Q4 and full-year 2025 earnings report [2] - Coinbase (NASDAQ: COIN) fell 5% to $160.08 amid a new legal challenge from the Nevada Gaming Control Board regarding its prediction market platform [4] - Circle Internet Group (NASDAQ: CRCL), issuer of the USDC stablecoin, decreased by 4.66% to $52.54 [4] - Block (NYSE: XYZ), led by Jack Dorsey, was down 2.61% trading at $55.90 [5] - TeraWulf (NASDAQ: WULF) saw a decline of 5.63% to $13.10 after a previous day’s 11% increase [5] - Riot Platforms (NASDAQ: RIOT), a major Bitcoin mining company, dropped 5.94% to $13.30 [6] Analyst Insights - Truist Securities maintained a "Buy" rating for Robinhood with a price target of $155, while Piper Sandler highlighted near-term challenges such as declining crypto trading volumes and fading retail momentum [3]