The post BREAKING: Wells Fargo Discloses Huge Crypto Holdings in Bitcoin, ETH, SOL, MSTR, BMNR appeared on BitcoinEthereumNews.com.
Wall Street giant Wells Fargo revealed massive crypto holdings via exchange-traded funds (ETFs) and stocks. The banks revealed exposure to Bitcoin, Ethereum (ETH), Solana, Strategy (MSTR), Bitmine (BMNR) and other crypto stocks. Wells Fargo Reveals Bitcoin, ETH, Solana ETFs Exposure In its latest SEC filing, $2.5 trillion AUM Wells Fargo disclosed 6.5 million shares in BlackRock Bitcoin ETF (IBIT). It also revealed a new call position and an increase in put position in IBIT amid growing uncertainty during the US-Iran war. IBIT holdings dropped by 75,102 shares compared to the Q4 quarter. Moreover, the Wall Street giant cut its exposure to the Invesco Galaxy Bitcoin ETF (BTCO), Ark 21Shares Bitcoin ETF, and the Fidelity Bitcoin ETF (FBTC). While Wells Fargo decreased holdings in IBIT, Bitcoin exposure increased in Grayscale Bitcoin Mini ETF, Bitwise’s BITB,
The post Wall Street sets Amazon stock price for the next 12 months appeared on BitcoinEthereumNews.com.
As Amazon.com, Inc. (NASDAQ: AMZN) stock signaled an end to June’s correction in early July, John Blackledge, a Wall Street analyst from TD Cowen, maintained a bullish outlook for the next 12 months. Blackledge reiterated a Buy rating for Amazon stock over the next 12 months, according to a note sent to clients analyzed by Finbold on July 9. He further lowered his 12-month price target for AMZN shares from $350 to $340, thus signaling a potential 40.6% upside. The analyst signaled bullish sentiment on Amazon stock, following a similar move from Eric Sherida, an analyst at Goldman Sachs Group Inc. (NYSE:GS). Earlier this week, Sherida reiterated a Buy rating for AMZN shares and raised his 12-month price target to $335 from $325. Meanwhile, Laura Martin, an analyst at Needham, maintained a Buy rating on Amazon stock, as Finbold reported. As such, 45 Wall Street analysts surveyed by Ti
The post Solana price prediction: Why analysts see more upside for SOL appeared on BitcoinEthereumNews.com.
Solana (SOL) is up 18.5% over the past 30 days. Analysts are watching the $85–$90 resistance zone. B3 futures and FullSend add to Solana’s momentum. Solana has regained momentum after a difficult stretch earlier this year, with the token climbing back above the $77 mark and extending its monthly recovery. At the time of writing, SOL is trading at $77.73, up 0.8% over the past 24 hours after moving between $76.25 and $78.62 during the session. Over the past month, the cryptocurrency has gained 18.5%, while its two-week performance stands at 21.6%. The recent recovery has renewed interest in Solana’s outlook, particularly as technical indicators, institutional activity, and network developments begin to align. While the token remains well below its all-time high of $293.31, several analysts believe the current trend has created room for further upside if key resistance levels are c
The post Bitcoin Needs a Daily Close Above $64,700 to Seal Its Latest Rebound, Says Trader appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) saw intraday highs after Thursday’s Wall Street open as US stocks rebounded on fresh Iran peace hopes. Key points: Bitcoin joins a risk-asset rebound as US President Donald Trump said that Iran “wants to make a deal” after the ceasefire breakdown. Crypto short liquidations near $100 million over 24 hours. Traders see important BTC price levels coming as soon as the daily close. Crypto, stocks rise as Trump teases new Iran “deal” Data from TradingView showed BTC/USD rising back above $63,000, up by nearly 1.5% on the day. BTC/USD one-hour chart. Source: Cointelegraph/TradingView US stocks were in the green across the board, helping to erase Wednesday’s downside as US President Donald Trump said that the Iran peace deal was “over.” “They called a little while ago; they want to make a deal so badly,” Trump subsequently said in comments quoted by tra
The post Ethereum’s newest nonprofit wants to become Wall Street’s guide to crypto appeared on BitcoinEthereumNews.com.
For Ethereum Institutional’s founders, becoming an independent nonprofit rather than remaining within the foundation was a deliberate choice. “The EF has always been quite vocal about its principle of subtraction,” Dawson said, referring to the organization diving up responsibilities for the network to other organizations . “This is an example of that increasing decentralization, and the number of nodes participating in representing Ethereum.” Operating outside the foundation also gives the organization greater freedom, Walsh said. “We feel like we have a lot more autonomy and freedom to work as an independent entity,” he said. “We can get a bit more opinionated, and a bit more aggressive, in terms of being able to support these teams.” For years, the Ethereum Foundation has walked a careful line in how much influence it exerts over the ecosystem. Its mandate has larg
Institutional blockchain adoption via private networks could undermine Bitcoin's value by bypassing public chains, affecting its growth potential.
The post JPMorgan says Bitcoin’s real threat isn’t Strategy’s massive holdings, it’s blockchain adoption that skips public chains entirely appeared first on Crypto Briefing.
The post Robinhood launched a Wall Street layer 2 chain and the market crowned a $150M cat coin first appeared on BitcoinEthereumNews.com.
Robinhood launched the public mainnet of Robinhood Chain this month, describing it as a permissionless Layer 2 built on Arbitrum for tokenized stocks, real-world assets, DeFi lending, and AI-native finance. One week in, the chain’s loudest retail activity is driven by CASHCAT, a memecoin built on Robinhood’s own discarded “CashCat” name. The token reached nearly $150 million in market cap and over $159 million in 24-hour volume. CASHCAT gained liquidity, price charts, and social attention through Uniswap V3 pools and third-party launch and routing infrastructure, including Noxa.fun and Pump.fun, rather than through Robinhood’s own app-listing process. An explainer graphic outlines six steps showing how CASHCAT gained liquidity, price charts, and trading volume on Robinhood Chain without a formal listing. Behind an unapproved listing Robinhood built
The Bitcoin miner's shares climbed about 15% after announcing it's acquiring a Texas site with up to 2 GW of power capacity to expand its AI and digital infrastructure strategy.