The business has a number of positive catalysts including its smart wallet Coinbase Prime, layer-2 network Base and its growing international offering, the analysts said.
Bitcoin short liquidations spiked above $24 million in the past 24 hours as the price rebounded from a multi-month low.
After falling below $57,000 earlier this week, BitMEX co-founder Arthur Hayes expects bitcoin to rally back to the $60,000 to $70,000 range.
CEO Sui Chung sees South Korea and Israel as the next markets to list crypto ETFs.
Dutch investigators searched the suspect’s home for physical and digital evidence, and seized assets worth over $12 million.
The three spot bitcoin exchange-traded funds in Hong Kong saw inflows of 174.73 BTC ($10.3 million) into the three products on their second trading day.
Early Friday, Friend.Tech airdropped its native token, FRIEND, while debuting version 2 of the platform.
Understanding basic crypto trading analysis methods is a fundamental skill for any trader in the cryptocurrency market.
The token airdrop happened simultaneously with the launch of Friend.Tech’s v2, which offers users new features, such as “Clubs.”
The 11 U.S. spot bitcoin exchange-traded funds recorded a total daily net outflow of $34.4 million on Thursday.
