Stock appears undervalued given the wide gap between the company’s valuation and its growth prospects, the report said.
The strongest sector growth this year has emerged from non-serious tokens, and the rally shows no signs of stopping.
COPA took Craig Wright to court last month to secure such a ruling that he wasn’t the pseudonymous creator of the world’s largest digital asset in an effort to prevent him from suing other developers or claiming intellectual property rights over the technology.
Crypto investors made $37.6 billion in estimated total gains last year, recovering from 2022’s losses of $127.1 billion, Chainalysis said.
The latest price moves in bitcoin (BTC) and crypto markets in context for March 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The memecoin market cap has increased by over 9% in the past 24 hours, significantly outperforming the rest of the cryptocurrency market.
Growth will be led by the Bitcoin and Ethereum ecosystems amid “unprecedented” institutional adoption, the analysts said.
Polyhedra Network, the developer of zkBridge, has reached a valuation of $1 billion following a new $20 million strategic funding round.
Go to Source Author: Will Canny
Phase 2 of the e-HKD pilot will be supported by the recently launched regulatory sandbox for testing wholesale CBDCs and tokenization, the Hong Kong Monetary Authority said.
