Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

banner
Flash
11:33
The Bhutan government address transferred 250 BTC to a new wallet, worth approximately $18.05 million.
Foresight News reports that, according to Onchain Lens monitoring, the Royal Government of Bhutan address has transferred 250 BTC to a newly created wallet, with a value of approximately 18.05 million US dollars.
11:32
Institutions: Credit ratings of oil-importing countries are at risk of downgrade
```htmlGolden Ten Data reported on April 10 that Chris Iggo, an analyst at AXA Investment Managers, stated in a report that due to tight energy supplies and high prices, the credit ratings of major oil-importing countries face the risk of being downgraded. Since the outbreak of the Middle East war, oil prices have remained high due to supply disruptions caused by the closure of the key oil shipping route, the Strait of Hormuz. Investors are awaiting the outcome of talks between the US and Iran this weekend on the possibility of a permanent resolution to the conflict.```
11:28
TD Cowen lowers the target price for Strategy to $350 and assigns a Buy rating to Sharplink and three other crypto treasury companies
BlockBeats news, April 10, according to The Block, TD Cowen has lowered Strategy’s (MSTR) target price by 20.5% from $440 to $350, while maintaining a buy rating. Analysts Lance Vitanza and Jonathan Navarrete attributed this adjustment to a “lowered Bitcoin price outlook” and a reduction in the valuation multiple for the company’s Bitcoin earnings. The two analysts have revised down Strategy’s “BTC earnings” forecast for FY2026 to $7.87 billion, below the $10.17 billion forecast for 2025, but still believe the company’s core investment thesis lies in transforming market demand for volatility into Bitcoin via “effective leverage.” TD Cowen’s base case for Strategy assumes Bitcoin reaches $140,000 by December 2026, with the company adding approximately $500 million in Bitcoin to its holdings each quarter; the bull case sees Bitcoin rising to $175,000 with acquisitions exceeding $500 million per quarter; while in the bear case, Bitcoin falls to $25,000 and, due to market conditions or limited financing channels, the company will pause additional purchases. Additionally, TD Cowen covers four digital asset treasury companies, all given buy ratings: Sharplink, Strive, Nakamoto Holdings, and The Smarter Web Company. The respective target prices are $16 for Sharplink, $26 for Strive, $1 for Nakamoto Holdings, and £1 (approximately $1.34) for The Smarter Web Company.
Markets