BTIG Initiates Coinbase Coverage With $500 Price Target
BTIG expects COIN to reach $500, calling it the "gold standard among digital asset exchanges."
Cryptocurrencies fall along with other risky assets on hint of higher interest rates.
Dispersion Holdings lists on Aquis Stock Exchange Growth Market using an auspicious ticker symbol: DEFI.
Coinbase's earnings report on Thursday will do little to shift sentiment that the exchange's shares are overvalued, according to New Constructs.
The portfolio of bitcoin and 26 companies includes PayPal, Nvidia, Canaan and Coinbase – but not MicroStrategy.
An HSBC representative said the bank has “limited appetite to facilitate products or securities that derive their value from virtual currencies.”