Crypto stocks – Bold Players

Crypto stocks plunge to record lows, GBTC at 50% discount despite Bitcoin uptick

Several crypto-related stocks have seen their values plunge to new record lows despite Bitcoin’s (BTC) value gaining upward momentum over the past 30 days. GBTC discount rises to above 50% Grayscale’s Bitcoin Trust (GBTC) traded at a record discount rate of 50% on Dec. 13 following the US SEC’s defense of its refusal to approve…

Goldman Sachs says Coinbase may need to sack more workers; downgrades its stock rating to sell

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Leading investment bank Goldman Sachs has downgraded Coinbase’s stock rating to sell from neutral and reduced its price target from $70 to $45 in its latest note, CNBC reported June 27. The downgrade was caused by the bear market, leading to…