Crypto


Markets

Crypto Mainstream Adoption Has Increased in Recent Months, Canaccord Says

The broker raised its Galaxy Digital price target to C$23 from C$17, while maintaining its buy rating.

Galaxy Digital CEO Mike Novogratz (Danny Nelson/CoinDesk)

Finance

Robinhood’s Acquisition of Bitstamp Expands Its Global Reach: Architect Partners

Crypto is becoming an increasingly important part of Robinhood’s business, accounting for 20% of total revenue in the first quarter, the report said.

Robinhood app on a smartphone (Shutterstock)

Policy

Craig Wright Should Pay Plaintiffs' Legal Bill After Found Posing as Satoshi, COPA Says

The COPA vs Craig Wright trial made a resurgence on Friday to determine what costs and penalties Wright might suffer.

Craig Wright heading to COPA trial on March 1  (Camomile Shumba/CoinDesk)

Markets

Big Friday Crypto Selloff Pulls Bitcoin Below $70K

Ideas about lower U.S. interest rates were foiled again and a plunge in shares of speculative favorite GameStop soured the mood in crypto.

Crypto carnage could be warning sign for equities (Getty Images)

Finance

Customers Bank Said to Debank Some Digital Asset Hedge Funds

The move is not a widespread debanking of hedge-fund clients, but rather the offboarding of inactive accounts, one person said.

A Customers Bank poster at Consensus 2022.

Markets

Robinhood’s Bitstamp Deal Is Strategic and Brings Added Institutional Exposure: Bernstein

The acquisition will potentially allow the trading platform to offer a wider range of crypto products to a more institutional client base, the report said.

Robinhood app on a smartphone (Shutterstock)