Workflow
Cryptocurrency
icon
Search documents
Trump's American Bitcoin Valuation Turns Attractive After Roth Capital Initiates 'Buy': Value Score Spikes - American Bitcoin (NASDAQ:ABTC)
Benzinga· 2025-12-12 12:19
Core Insights - American Bitcoin Corp. (NASDAQ:ABTC) is experiencing a valuation shift that is attracting data-driven investors despite recent volatility [1][2] Valuation Shift Amidst Volatility - Following a significant sell-off, ABTC's value score in Benzinga Edge's Stock Rankings increased from 27.15 to 41.59 week-on-week, indicating a more favorable alignment of the stock's market price with its assets and earnings potential compared to peers [2] - The rise in the value percentile suggests a potential entry point for investors focusing on the company's asset-heavy balance sheet rather than immediate price sentiment [3] Analyst Optimism vs. Price Trend - Roth Capital analyst Darren Aftahi initiated coverage with a "Buy" rating and a $4 price target, indicating a potential upside of over 100% from recent closing prices [3] - Aftahi's accuracy rate is noted to be 47% [4] Recent Performance and Asset Valuation - ABTC has seen a price decline of 62.88% over the last month due to the expiration of lock-up periods for early investors, including co-founder Eric Trump [4] - The company currently holds 4,783 BTC, valued at approximately $432 million [5] - Despite closing 5.67% lower at $1.83 on Thursday, ABTC has fallen by 64.47% over the last six months and 8.50% year-to-date, although it was up 1.64% in premarket trading on Friday [5]
X @Solana
Solana· 2025-12-12 12:15
BREAKING: Institutional crypto giant @inside_r3 launches Corda, an onchain RWA marketplaceAnd it's built entirely on Solana 🔥 https://t.co/qp9AtThD3L ...
Analysts flag risks for Strategy at Nasdaq's 100 index reshuffle
Reuters· 2025-12-12 09:53
Core Insights - The company Strategy, known for its significant Bitcoin holdings, may face removal from the Nasdaq 100 index during the upcoming annual reshuffle due to concerns regarding its business model and declining share price [1] Company Analysis - Strategy's business model is under scrutiny, which has contributed to a decrease in its share price [1] - Analysts have raised flags about the sustainability of Strategy's operations in the current market environment [1] Market Implications - The potential removal from the Nasdaq 100 index could have significant implications for Strategy's market perception and investor confidence [1] - The annual reshuffle of the index is a critical event that could affect the liquidity and valuation of the company's shares [1]
Bitcoin Rebounds After Third Fed Rate Cut — Is a $100K Rally Before 2026 in Play?
Yahoo Finance· 2025-12-12 09:41
Is a rally possible before the end of 2026? Key Takeaways Bitcoin rebounds despite post-Fed rate cut volatility. Fed rate cuts remain supportive long term. Technical risks still loom. Bitcoin rebounded on Friday after slipping sharply following the U.S. Federal Reserve’s third interest rate cut in as many months, as investors weighed the long-term impact of looser monetary policy. Following the cut, BTC rose more than 2% over the past 24 hours to trade around $92,291 at the time of reporting, re ...
Coins in sand: how the UAE draws in the global crypto community
Yahoo Finance· 2025-12-12 09:30
The United Arab Emirates (UAE) is rapidly cementing its position as a global leader in the digital asset sector on the back of its regulatory infrastructure and the institutional adoption of cryptocurrencies, according to industry insiders at the fourth edition of Abu Dhabi Finance Week (ADFW). Speaking at ADFW, the largest financial and investment gathering in the Middle East and North Africa, Binance co-CEO Richard Teng said the UAE had been at the industry's forefront, as capital city Abu Dhabi was the ...
X @Bybit
Bybit· 2025-12-12 07:55
@byreal_io @solana #Bybit #CryptoArk #Solana ...
Hex Trust Brings XRP to Solana, Ethereum, and Other Blockchains via wXRP
Yahoo Finance· 2025-12-12 07:22
Core Insights - XRP is expanding its utility beyond its native network through the issuance and custody of wrapped XRP (wXRP) by Hex Trust, allowing it to operate across major blockchains like Ethereum and Solana [1][2] Group 1: Wrapped XRP (wXRP) Overview - Each wXRP will be fully backed by native XRP held in segregated custody at Hex Trust, with minting and redemption available to authorized participants in a compliant environment [2] - wXRP will launch with over $100 million in Total Value Locked, providing immediate liquidity and supporting stable market activity from day one [3] - The wrapped asset utilizes LayerZero's Omnichain Fungible Token standard, enabling multi-chain participation [3] Group 2: DeFi and Cross-Chain Utility - wXRP expands XRP liquidity in DeFi and cross-chain networks, enhancing utility between XRP and RLUSD, built on trusted, compliant infrastructure [4] - The wrapped token allows users and institutions to engage in cross-chain activities, including swaps and liquidity provision within a regulated framework [5] - Each wXRP is fully backed and redeemable for native XRP, facilitating movement between blockchains without reliance on unregulated third-party bridges, thus reducing counterparty exposure [6] Group 3: Market Impact and Demand - There is a growing demand for utilizing XRP across the broader cryptocurrency ecosystem and among institutions, which Hex Trust aims to address [6] - Despite the announcement, the price of XRP saw minimal positive impact, rising just over 1% in the past 24 hours, trading at $2.04 at the time of writing [6]
Cardano Price Prediction: Can Bitwise’s ETF Listing Bring New Momentum for ADA?
Yahoo Finance· 2025-12-12 04:57
Group 1 - Cardano has gained increased visibility as Bitwise moved its Bitwise 10 Crypto Index ETF to NYSE Arca, placing ADA alongside the ten largest cryptocurrencies [1] - The inclusion of ADA in the index allows traditional investors to access it through regular brokerage accounts without needing crypto wallets or on-chain transfers [2] - ADA holds a 0.65% share of the index, which tracks the largest and most established digital assets, with monthly updates on liquidity and regulatory standards [2] Group 2 - Cardano's price has increased by approximately 6.3% over the past 24 hours, trading near $0.4254, but has faced resistance around the $0.45 mark [3] - The price movement has been characterized by a steady downtrend, with each bounce forming lower highs and pullbacks leading to lower lows [4] - Recent trading shows a rejection just under $0.46, indicating that buyers are struggling to overcome short-term resistance [5] Group 3 - If the price falls below the established support level, the downtrend may continue, potentially leading to a deeper drop [6] - Current momentum remains weak, with no clear signs of a price reversal on the chart [6]
X @CoinMarketCap
CoinMarketCap· 2025-12-12 04:08
LATEST: 🌎 Nexo has acquired Latin American crypto platform Buenbit in a deal that adds over 1 million users and a regulated footprint in Argentina, with Buenos Aires set to serve as Nexo's LATAM headquarters. https://t.co/NOX3xKDgGm ...
X @Bloomberg
Bloomberg· 2025-12-11 22:10
Terraform Labs co-founder and onetime fugitive Do Kwon was sentenced to 15 years in prison for the fraud that led to the company’s $40 billion collapse and triggered a series of crises in the crypto world https://t.co/PlMD4PAGbF ...