Coin
Coverage of Coin in the Nexus archive.
- Bitcoin Stocks, Led By Strategy (MSTR), Take a Beating as BTC Price Sells Off
Bitcoin's price dropped below $67,000 for the first time since early April, causing a decline in crypto-linked stocks like Strategy (MSTR), Coinbase Global (COIN), and Strive, Inc. (ASST). Strategy sold 32 Bitcoin in a SEC filing, marking its first net reduction in holdings since December 2022, while Mt. Gox moved 10,422 BTC worth $739 million. Geopolitical tensions between Iran and the U.S. further suppressed market sentiment.
- Benchmark joins others in reiterating Buy rating on Coinbase stock despite lackluster Q1 earnings
Benchmark equities analysts have reiterated their Buy rating for Coinbase's stock and raised their price target to $270. The decision was made despite Coinbase's lackluster Q1 earnings. The new price target is an increase from the previous target of $260.
- Building community and looking for tips
A community-based coin project launched three months ago and experienced initial success, but its market capitalization has stalled after reaching $100k. The project has implemented a community buy and burn initiative, destroying 13% of supply. The community is seeking advice to increase momentum and relevance.
- Scientists baffled by mysterious 1,200-year-old coin linking Vikings to Jesus
A 1,200-year-old coin has sparked confusion among scientists due to its apparent connection between Vikings and Jesus. The artifact's discovery challenges existing historical narratives, prompting further investigation into its origins and significance.
- Scientists baffled by mysterious 1,200-year-old coin linking Vikings to Jesus
Scientists are baffled by a 1,200-year-old coin linking Vikings to Jesus, challenging historical narratives. The discovery has sparked debate about ancient connections between Norse cultures and early Christianity.