Citigroup Predicts Major Crypto Rally: Bitcoin to Hit $143K, Ethereum $4.3K
Citigroup forecasts bitcoin reaching $143,000 and ethereum $4,304 within 12 months, citing regulatory improvements and growing adoption despite recent market volatility.
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Analyst Moves: Celsius, Robinhood, Airbnb, and Rigetti in Focus
A simple breakdown of recent analyst ratings and price targets for Celsius, Robinhood, Airbnb, and Rigetti Computing, highlighting growth drivers and key risks.
Robinhood Slumps as November Trading Activity Drops Across All Major Segments
Robinhood reported a sharp slowdown in November trading volumes, with equities, options, and crypto all declining month over month. Only prediction markets showed strong growth.
Robinhood Builds New Futures & Derivatives Exchange to Boost Prediction Markets
Robinhood is launching a new futures and derivatives exchange and clearinghouse—powered by a joint venture with Susquehanna and enhanced by the acquisition of MIAXdx—to expand and innovate its fast-growing Prediction Markets.
Coinbase Downgraded to Hold as Valuation Concerns Rise
Argus downgrades Coinbase to Hold, citing high valuation, slower expected growth, and rising expenses. Shares fall over 3% as the firm trims long-term earnings forecasts.
DraftKings Misses Targets and Slashes 2025 Forecast Amid Competition Pressures
DraftKings reports disappointing Q3 results with revenue missing estimates by $80M, cuts full-year guidance by $300M, and faces rising competition from prediction markets.