Bernstein

A new report estimates a $20 billion revenue opportunity in Bitcoin (CRYPTO: BTC) mining chips and hardware over the next five years. What HappenedL The introduction of new U.S.-based players, such as Block and Auradine, is poised to diversify the supply chain and enhance competition, potentially...

Analysts at Bernstein suggest that Vice President Kamala Harris‘ recent outreach to the crypto industry may be insufficient to sway voters in the upcoming U.S. presidential election. What Happened: The report indicates that Harris’ campaign is seeking a “reset” with crypto...

The Bitcoin (CRYPTO: BTC) mining industry is being reevaluated as a potential powerhouse in the energy sector, according to a new Bernstein report. What Happened: Bernstein analyst Gautam Chhugani and his team propose a novel perspective: “We believe bitcoin miners by focusing on an active...

In the run-up to the upcoming 2024 elections, analysts from research and brokerage firm Bernstein have suggested that Bitcoin (CRYPTO: BTC) traders may not have fully considered the possible victory of former President Donald Trump, an event that could significantly shake up the cryptocurrency...

Analysts at research and brokerage firm Bernstein have initiated coverage on Core Scientific (NASDAQ:CORZ) and Iren Energy (NASDAQ:IREN) with an outperform rating and reiterated their $200,000 price target for Bitcoin (CRYPTO: BTC). What Happened: The analysts, Gautam Chhugani and Mahika Sapra,...

Bernstein analysts suggest that if election sentiment shifts more Republican, crypto could become a primary “Trump trade.” What Happened: In a note to clients on Monday, analysts Gautam Chhugani and Mahika Sapra highlighted a recent downturn in market sentiment following significant...

Spot Bitcoin ETFs are on the cusp of gaining approval at major wirehouses, according to Bernstein analysts who maintain a bullish $200,000 Bitcoin target for the end of 2025. What Happened: As reported by The Block, Bernstein analysts Gautam Chhugani and Mahika Sapra refuted the claims of Bitcoin...

On Friday, in an appearance on CNBC’s Squawk Box, Bernstein analyst Toni Sacconaghi shared his insights on the future of Tesla Inc. (NASDAQ:TSLA) and the implications of CEO Elon Musk’s newly approved pay package. What Happened: Sacconaghi views the approval of Musk’s...

The idea that a political shift led to the SEC’s approval of spot Ethereum ETFs last month has been called into question after President Joe Biden vetoed a bill aimed at overturning SAB 121. What Happened: According to research from brokerage firm Bernstein, this recent veto undermines the...

The recent slowdown in bitcoin (CRYPTO: BTC) exchange-traded fund (ETF) inflows is a temporary pause, not a negative trend, according to a report by broker Bernstein. What Happened: Bernstein’s research report suggests that the current slowdown in bitcoin ETF inflows is merely a short-term...

A research report found that Solana (CRYPTO: SOL) has emerged as the new leader in the realm of blockchain payments. What Happened: In its new report, Bernstein, a research and brokerage firm, attributes Solana’s success to its streamlined architecture, The Block reported. Compared to...

The Tesla, Inc. (NASDAQ:TSLA) rally has paused and the stock is poised to open slightly higher after the nearly 5% rally on Monday. A duo of analysts on Monday questioned the very premise on which the stock advanced. Unexciting: Tesla investors will not get excited about the August 8 robotaxi...

Trading platform company Robinhood Markets (NASDAQ:HOOD) saw shares trade higher Wednesday after market close on the heels of data showing higher February trading and account activity. Here's what analysts are saying about the latest for the company and how Robinhood could be a cryptocurrency and...

As Bitcoin (CRYPTO: BTC) continues its upward trajectory, Bernstein analysts have doubled down on their prediction that the cryptocurrency will reach a staggering $150,000 by 2025, following a recent price surge that saw it hit new highs. What Happened: Bernstein analysts strengthened their...

Shares of Li Auto Inc (NASDAQ: LI) tanked in premarket trading on Thursday amid reports of electric vehicle (EV) deliveries continuing to decline in China. The recent pullback in the company’s stock was likely triggered by the order intake for MEGA, its high-tech flagship family MPV, being...