Cantor slashes Strategy target by 60%, tells clients forced-sale fears are overblown

Cantor slashes Strategy target by 60%, tells clients forced-sale fears are overblown

Cantor Fitzgerald slashed its Strategy price target, but remains bullish on the stock despite fears over potential exclusion by the MSCI Index and forced liquidation concerns, the FT said. US-based financial firm Cantor Fitzgerald slashed its price target on Michael Saylor’s Bitcoin-heavy company, Strategy, but kept a bullish stance on the cryptocurrency’s long-term upside, downplaying…

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Here’s what happened in crypto today

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto: Strategy CEO Phong Le says Bitcoin would only be sold if the company’s stock falls and funding options disappear, Nasdaq is aiming to move…

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Here’s what happened in crypto today

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto: Strategy CEO Phong Le says Bitcoin would only be sold if the company’s stock falls and funding options disappear, Nasdaq is aiming to move…

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Here’s what happened in crypto today

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto: Bitcoin community’s backlash against JP Morgan grows with calls to boycott, Bloomberg’s Eric Balchunas says Zcash could dilute political and cultural support for Bitcoin,…

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3 reasons why Bitcoin struggles to overcome each new overhead resistance level

3 reasons why Bitcoin struggles to overcome each new overhead resistance level

Bitcoin’s momentum loss continues as long-term holders add to the market selling pressure, and rising US dollar strength leads investors to reduce their exposure to risk. Key takeaways: Dormant Bitcoin holders moving large sums to exchanges raise concerns about long-term confidence amid growing concerns about the potential impact of quantum computing. Strong inflows into Bitcoin…

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