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.
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A flash note put out Wednesday by KBW highlighted the success SunTrust Banks, Inc. (NYSE: STI) has been experiencing in super-prime, digital-consumer lending.
Super prime is categorized as loans to consumers with FICO scores over 750.
LightStream is a division of SunTrust Banks that offers "loans for practically anything" through its website. The bank is originating $1.5 billion in loans annually in this space. While this still represents just 1.5 percent of loans at SunTrust, LightStream is seen as a "ray of sunshine" for the company.
KBW has a Market-Perform rating for SunTrust, with a price target at $45. SunTrust closed Tuesday's trading up 1.91 percent on the day at $42.67.
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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.