Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Coinbase Global, Inc. (NASDAQ:COIN) shares are trading higher amid strength in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). Josh Brown on CNBC also announced a new long position in the stock.
Bitcoin was trading about 1% higher at around $57,096 on Thursday.
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Ethereum was trading about 8% higher at around $3,776 on Thursday.
On CNBC's 'Fast Money Halftime Report,' Josh Brown explained why he bought into Coinbase. Says Over the next 12-16 months, $1 trillion in new capital will come into digital assets.
Brown also said Gemini and Coinbase will be the 2 biggest beneficiaries from this trend.
Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy.
Coinbase shares were trading about 5.8% higher at $261.15 per share on Thursday at the time of publication. The stock has a 52-week high of $429.54 and a 52-week low of $208.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.