Leverage Shares Announces Meeting for 3x Long Coinbase ETP Securityholders
Leverage Shares PLC has issued a notice of a meeting for holders of its 3x Long Coinbase (COIN) ETP Securities to vote on a proposed consolidation of the securities.
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Keefe Bruyette & Woods and Rothschild & Co Redburn Adjust Coinbase Price Targets
Financial firms Keefe Bruyette & Woods and Rothschild & Co Redburn updated their price targets for Coinbase Global, Inc. following the company's recent earnings report.
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Will Crypto Rally After the Midterm Elections? If History Is Any Guide, This Happens Next.
Historically, equities and cryptocurrencies have rallied after midterm elections due to reduced policy uncertainty. Bitcoin has gained an average of 54% in the year following past midterms (excluding 2010). However, the article cautions that crypto's short history provides limited data, and Bitcoin's performance may be influenced more by its four-year halving cycle than midterm politics. The regulatory environment under Trump has been favorable for crypto, though potential Democratic control could require more concessions on legislation.