Cryptocurrency Market Analysis: Breaking the $86K-$88K Resistance
READ SOURCE businessmayor April 21, 2025
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Yahoo
a few seconds ago
- Yahoo
Analyst downgrades top S&P 500 stock after disappointing earnings
Analyst downgrades top S&P 500 stock after disappointing earnings originally appeared on TheStreet. Compass Point has lowered Coinbase's (Nasdaq: COIN) price target from $330 to $248 and downgraded the rating from "Neutral" to "Sell" after the crypto exchange reported disappointing financial results for the second quarter of 2025. The investment firm indicated receding retail interest, poor Q2 records, weak prospects for recurring revenue lines like subscriptions and custody services the next quarter, and more competition from stablecoin and decentralized finance (DeFi) platforms as the reasons it downgraded the COIN stock's rating. Compass Point also warned of Coinbase's retail trading under pressure despite a bullish crypto market. Notably, retail trading is Coinbase's main profit are two other factors that the firm highlighted as possible risks for Coinbase. One is a potential delay in the CLARITY Act, which deals with classifying the financial status of crypto assets. Another is Coinbase trailing Robinhood (Nasdaq: HOOD) and Kraken in launching stock trading. 'We see limited support for COIN's valuation if crypto markets sell off further,' said Compass Point. Founded in 2012, Coinbase is the largest crypto exchange in the U.S. The company, which went public in April 2021, joined the S&P 500 list in May 2025 — the only crypto stock to be included in the hotly contested list so far. During Q2 2025, the exchange generated $1.5 billion in total revenue, $1.4 billion in net income, and earnings per share (EPS) of $5.14 in Q2. The exchange held 11,776 Bitcoin worth $1.3 billion by the end of the quarter. The COIN stock is trading at $319.55 at the time of writing, up 1.54% a day. Analyst downgrades top S&P 500 stock after disappointing earnings first appeared on TheStreet on Aug 4, 2025 This story was originally reported by TheStreet on Aug 4, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Newsweek
a few seconds ago
- Newsweek
The Secret Deals Driving Crypto Markets...and Leeching Into Wall Street
Advocates for ideas and draws conclusions based on the interpretation of facts and data. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Crypto markets have always been volatile. For years, we've blamed speculation, low liquidity and hype cycles for the whiplash pricing of altcoins (crypto tokens outside of the leading digital assets Bitcoin, Ethereum and Solana). But there's an opaque force that exerts just as much influence: private market-making agreements. These deals often determine which tokens thrive and which collapse. And over the years, there have been far more failures than successes. Now, Wall Street firms are accelerating their exposure to crypto, investing in increasingly fringe assets and even adding them to corporate treasuries. Public companies Strategy (MSTR) and Metaplanet (3350.T) have amassed holdings of nearly $73 billion and $2 billion, respectively, and scores of other corporations have followed suit. These companies are stepping into markets governed not by transparent rules or familiar oversight, but by unseen, off-chain contracts. A failure to understand how crypto market-making works will distort valuations, mislead investors and potentially spark a backlash that could ripple across both Web3 and traditional finance. From left: Summer Mersinger, CEO, Blockchain Association; Sarah Reilly, vice president and senior tax counsel, Fidelity Investments, Alison Mangiero, head of staking policy and industry affairs, Crypto Council for Innovation; Jason Somensatto, director of policy,... From left: Summer Mersinger, CEO, Blockchain Association; Sarah Reilly, vice president and senior tax counsel, Fidelity Investments, Alison Mangiero, head of staking policy and industry affairs, Crypto Council for Innovation; Jason Somensatto, director of policy, Coin Center; and Corey Frayer, director of investor protection Consumer Federation of America, at the witness table during a House Ways and Means Oversight Subcommittee hearing on "Making America the Crypto Capital of the World: Ensuring Digital Asset Policy Built for the 21st Century" on Capitol Hill on July 16, 2025, in Washington. More AP Photo/Rod Lamkey Jr. I've Seen Behind the Market-Making Curtain Most people assume altcoins are volatile because they're illiquid or built on shaky fundamentals. That's partly true. But what's often overlooked is the influence of market makers—the firms responsible for ensuring there's enough liquidity to buy and sell these tokens in the first place. Unlike their Wall Street counterparts, crypto market makers operate with little to no regulatory oversight. Their agreements are not public. There are no standardized disclosures, no audit trails and no governing body to hold them accountable. Over the past decade, I've helped structure and manage market-making relationships at two of the largest global crypto exchanges, AscendEx and Gemini. I've also led FBG Capital, one of the major market-making firms in the space. Today, I run Forgd, a platform that helps token projects track market maker performance and negotiate better terms. Here's what I've seen: Most token founders are builders, not traders. They lack the financial background to assess how these contracts function, or how damaging they can be when incentives are misaligned. The result is often a one-sided deal, disguised as a liquidity solution, that leaves the project exposed and retail investors misled. The most common—and most problematic—structure is known as the "loan + call option" agreement. The Deal That Quietly Derails Crypto Tokens In a "loan + call option" agreement, a project lends its native tokens to a market maker, who agrees to provide liquidity. In return, the market maker receives call options: the right, but not the obligation, to repay those token loans in U.S. dollars, at a set strike price. If the token's price spikes, the market maker cashes in, buying tokens at a steep discount and selling into the rally. But even if the token flounders, the market maker may still profit by selling the borrowed tokens early, withdrawing support, or shorting the asset outright. The project suffers, but the counterparty walks away profitable. If this happened in traditional equity markets, it would be a scandal. Imagine a company IPO'ing on the NYSE, while a private actor had a backroom deal to dump discounted shares—without any disclosure to the public. Equities have protections for this exact reason. The Securities Exchange Act of 1934 outlines clear boundaries designed to prevent manipulation during public offerings: Regulation M governs stabilization activity and passive market making, helping to ensure that prices aren't artificially inflated, while Rule 10b-18 provides a safe harbor for stock buybacks, shielding companies from accusations of market manipulation when repurchasing their own shares. Crypto has no equivalent safeguards. And as more institutional capital enters the space, this lack of structure is becoming a systemic risk. Wall Street Is Next It's no longer just crypto-native funds or retail investors buying these assets. We're now seeing mainstream firms and institutional allocators adding altcoins to their balance sheets, sometimes without full visibility into how these markets actually function. That's dangerous. When token prices are being influenced by off-chain, through asymmetric contracts that no one outside the deal has access to, it undermines the integrity of the asset and misleads downstream investors. A market's fundamentals might appear sound, when in fact they're propped up by short-term gamesmanship and opaque incentives. If left unchecked, this could discredit digital assets at a moment when they're finally being taken seriously. It also opens the door to backlash from regulators and shareholders if firms suffer losses tied to undisclosed risk mechanics they never knew existed. For crypto to mature as a credible, investable asset class, we need to bring these agreements out of the shadows and into the realm of professional accountability. Founders need tools to benchmark proposed deals, simulate different scenarios, and negotiate on informed terms. Regulators, fund managers and institutional allocators should insist on basic transparency before engaging with new assets. At a minimum, every market-making arrangement should include standardized disclosures that outline the structure of the agreement governing liquidity. These disclosures should make clear whether call options are involved, specify the strike prices and loan tenor associated with those options, and describe any hedging policies that may impact token performance. Without this level of transparency, investors and project teams are left to navigate blind, with little understanding of the dynamics shaping token markets. These are table stakes. Without them, we're asking sophisticated firms to operate in the dark, and exposing retail investors to risks they never signed up for. If digital assets are going to sit on the balance sheets of public companies, the rules that govern those assets can't be locked behind NDAs. They need sunlight, structure and scrutiny. Otherwise, we risk importing the worst parts of crypto into the heart of Wall Street—and learning too late that we could have done better. Shane Molidor is the founder and CEO of Forgd, a token advisory and optimization platform that provides seamless access to essential tools for blockchain projects.
Business Upturn
6 minutes ago
- Business Upturn
Maximize Your Gains with 100x Leverage, Double Deposit Bonus, and No KYC at BexBack
By GlobeNewswire Published on August 4, 2025, 22:56 IST SINGAPORE, Aug. 04, 2025 (GLOBE NEWSWIRE) — As Bitcoin continues to hit new all-time highs and the bull market returns, BexBack is helping traders build wealth quickly with a range of limited-time offers: 100x leverage, a double deposit bonus（Deposit 1 BTC and receive 2 BTC. The bonus can only be used as margin and cannot cover losses）, and no KYC required, enabling traders to easily maximize their gains in this volatile market. Advantages of 100x Leverage Crypto Futures Amplified Profits: Control large positions with a small amount of capital, capturing more profits from market fluctuations. Low Capital Requirement: Participate in high-value trades with minimal investment, lowering the entry barrier. Increased Market Opportunities: Profit quickly from price fluctuations, especially in volatile markets. High Capital Efficiency: Leverage enables better use of your capital, expanding your investment potential. Profit from Both Up and Down Markets: Adapt to any market conditions, with opportunities to profit whether the market goes up or down. What Is 100x Leverage and How Does It Work? Simply put, 100x leverage allows you to open larger trading positions with less capital. For example: Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC. One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%. With BexBack's deposit bonus BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%. Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks. How Does the 100% Deposit Bonus Work? The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation. About BexBack? BexBack is a leading cryptocurrency derivatives platform offering up to 100x leverage on futures contracts for BTC, ETH, ADA, SOL, XRP, and over 50 other digital assets. Headquartered in Singapore, the platform also operates offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. Like many top-tier exchanges, BexBack holds a U.S. MSB (Money Services Business) license and is trusted by more than 500,000 traders worldwide. The platform accepts users from the United States, Canada, and Europe, with zero deposit fees and 24/7 multilingual customer support, delivering a secure, efficient, and user-friendly trading experience. Website: Contact: [email protected] Contact:Amanda [email protected] Disclaimer: This content is provided by Bexback. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. 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