TD Cowen Cuts Sharplink Price Target to $13 on Softer ETH Forecast
The cut ties to a lower 2026 ether forecast of $2,371, but TD Cowen's long-term Ethereum thesis is unchanged despite flagging slower tokenization progress.
Crypto business news — institutional moves, funding rounds, payments, partnerships, and country-level adoption.
The cut ties to a lower 2026 ether forecast of $2,371, but TD Cowen's long-term Ethereum thesis is unchanged despite flagging slower tokenization progress.
Q2 2026 crypto transaction revenue fell 38% YoY to $100M while options, event contracts and equities built a six-times-larger non-crypto stack, exposing how much of Robinhood's "crypto story" now…
A BitLicense predecessor that predates the state's crypto licensing regime gives Circle the same USDC-custody standing as a regulated US trust, a structural edge in institutional dollar stablecoin…
The $20B World Cup print is five times the 2024 U.S. election cycle and validates Polymarket and Kalshi as the venues where sports and politics meet on-chain.
When Wintermute's first-half OTC book flipped from retail-led to institution-led, broad altcoin beta broke. The trade has moved from screen to OTC, and the tape shows it.
The $160 price target on Outperform hinges on Robinhood expanding beyond spot trading into tokenized assets and event contracts, where volume margins are wider.
The poll ties Trump's crypto push to voter pain on affordability, framing it as personal enrichment rather than policy, which keeps the political-risk spotlight on presidential crypto ties.
Open USD launches day-one on Ethereum with 140+ partners including BlackRock, Visa, Mastercard, Stripe and BNY, routing all reserve yield back to the issuers that grow it.
The amended filing formalizes executive compensation ahead of a planned Nasdaq listing under XRPN, anchoring a $1B treasury plan that would absorb roughly 0.8% of XRP's circulating supply.
Two crypto-treasury firms are liquidating ETH and BTC at a loss to chase AI data-center capex, a signal that the public-company playbook now bleeds crypto to fund compute.
An 18% intraday spike is a generational move for one of Asia's largest equity benchmarks, and the risk-on ripple into crypto and regional tech is what global investors will price next.
The lawsuit targets event-contract trading as unlicensed gambling. Kalshi's CFTC-regulated status is the legal fulcrum the case will turn on, and rivals like Polymarket are watching.
The $32M private placement backing Blockstream co-founder Adam Back's 30,021 BTC Bitcoin treasury SPAC has lapsed, with Cantor and BSTR now negotiating revised terms on a bare demand test.
Armstrong framed the milestone around custody and stablecoin dominance, the two businesses institutions actually plug into first.
Roughly 500 wallet addresses were drained in a pattern tied to a Mk3 firmware bug, putting the total stolen above $35M and forcing Coinkite to flag every device that ever generated a seed on 4.0.1 or…
The gap between the announced half-billion-dollar AI commitment and a $4.1M balance sheet is now the trade; VanEck warns the premium miners are getting for pivots has outrun actual capacity delivered.
A Block Research walk-through of the rails, settlement layers, and FX corridors that turned stablecoins into a working cross-border payment primitive.
The venue is solvent on paper but insolvent on cash, a wedge that widens whenever an illiquid altcoin treasury is the only thing standing between a balance sheet and payroll.
Altman's model attaches probability-weighted targets to ETF flows, the US Strategic Bitcoin Reserve, and macro liquidity, but the chart has been stuck in the same $60K-$82K range for six months.
The Nasdaq listing unlocked trading, not liquidity. Holders will wait through the bankruptcy estate's distribution schedule before any of those shares can be converted to cash.