analyst ratings

Wall Street gears up for digital asset securities (Sophie Backes, Unsplash)
Crypto Exchange Coinbase Assigned Sell-Equivalent Stock Rating by Wells Fargo on Competition Risk
Wells Fargo rated Coinbase as underweight and said it will face headwinds in its path to sustaining profitability.
Wall Street gears up for digital asset securities (Sophie Backes, Unsplash)

Core Scientific CEO Mike Levitt
Bitcoin Miner Core Scientific Should Weather Crypto Storm, Analyst Says
Compass Point cites the company's access to capital as it rates the stock at buy with a $4 price target.
Core Scientific CEO Mike Levitt

CDCROP: A bitcoin mining farm
Bitcoin Miner Marathon Digital Downgraded at BTIG on Headwinds From Compute North’s Bankruptcy
Marathon Digital’s primary mining hosting provider, Compute North filed for Chapter 11 protection Thursday afternoon.
CDCROP: A bitcoin mining farm

Wall Street gears up for digital asset securities (Sophie Backes, Unsplash)
Jack Dorsey’s Block Draws Analyst Downgrade on Bitcoin Sentiment
Mizuho cuts its rating on the stock to neutral from buy, citing slowing growth for Cash App and management's attention on BTC.
Wall Street gears up for digital asset securities (Sophie Backes, Unsplash)

Mining, Bitcoin miners, fans (Michal Bednarek/Shutterstock)
Bitcoin Miner Iris Rises as Compass Point Upgrades on Potential Boost in Hashrate
Compass Point’s analyst upgraded Iris’ stock to a buy recommendation from a neutral.
Mining, Bitcoin miners, fans (Michal Bednarek/Shutterstock)

Signature-Bank-CEO
Signature Bank’s Crypto Outflows Mitigated by Growth in Core Deposits, Wedbush Says
The bank’s spot deposits fell by $1.64 billion, driven by outflows in digital asset banking of $4.27 billion.
Signature-Bank-CEO

Wall Street gears up for digital asset securities (Sophie Backes, Unsplash)
Coinbase Gets Hold-Equivalent Rating From Barclays on Crypto Regulatory Risk
The headwinds are set to continue for the exchange, says the investment bank.
Wall Street gears up for digital asset securities (Sophie Backes, Unsplash)

Argo Blockchain's Helios facility in Dickens County, Texas. (Argo Blockchain)
Sell-Side Analysts Trim Targets for Bitcoin Miner Argo Blockchain
Earlier this week, Argo lowered its year-end hashrate outlook from 5 EH/s to 3.2 EH/s.
Argo Blockchain's Helios facility in Dickens County, Texas. (Argo Blockchain)

CDCROP: Marathon Digital CEO Fred Thiel interview at Bitcoin conference in Miami
Bitcoin Miner Marathon Digital Targets Trimmed by Cowen
The bank did lift its share price target to $9, but that remains below the stock's current level of about $14.
CDCROP: Marathon Digital CEO Fred Thiel interview at Bitcoin conference in Miami

CDCROP: Coinbase CEO Brian Armstrong (CoinDesk archives)
Coinbase's Credit Rating Gets Cut by S&P, Which Warns Crypto Winter Might Prompt More Reductions
The agency dropped the crypto exchange giant's rating to BB from BB+, citing "weak earnings" and increasing competition.
CDCROP: Coinbase CEO Brian Armstrong (CoinDesk archives)