Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 3.1% in the afternoon session after momentum improved in the crypto space with strong uptrend in Bitcoin and Ethereum.
Shares of financial services company Robinhood (NASDAQ:HOOD)
jumped 4.3% in the afternoon session after an analyst at Piper Sandler significantly raised their price target on the stock. The investment firm boosted its price target on the online brokerage to $110 from $70, while maintaining an "overweight" rating on the shares. This move signals strong confidence from the analyst in the company's future performance.
Shares of radiopharmaceutical company Lantheus Holdings (NASDAQ:LNTH)
fell 7.7% in the morning session after the stock hit a new 52-week low amid persistent investor concerns over rising competition and the company's recent financial results.
Bitcoin has been on a tear lately, with prices recently hovering around $12K and investor momentum accelerating into $6.3 B in spot ETF inflows. In this bullish climate, investors are increasingly turning to cloud mining for a more predictable way to earn crypto.
According to a report by Bloomberg, which cited people familiar with the matter, President Trump has toned down his confrontation with China compared to his presidential campaign, as he seeks to achieve quick wins.
As "Cryptocurrency Week" officially kicked off in the United States, the price of Bitcoin broke through $120,000, setting a new high for the year. The CLARITY Act, GENIUS Act and Anti-CBDC Act, which were intensively reviewed by Congress, sent a strong compliance signal to the entire crypto industry, driving a comprehensive recovery in market sentiment. Funds are shifting from the spot market to the computing power market, and cloud mining has become the best channel for passive income. As the world's leading cloud mining platform, BJMINING is rapidly attracting a large number of XRP, BTC and other mainstream currency holders to start smart mining mode, doubling the value without selling assets.
San Diego, California — July 16, 2025 (iCrowdNewswire) — With Bitcoin (BTC) falling more than 5% from its high of $123,000 and XRP experiencing a sharp 8% correction before the launch of the ETF, the crypto market has recently entered a phase of high volatility and high uncertainty. The ProShares Ultra XRP Futures ETF (UXRP) is about to be listed and traded this week, triggering institutional capital position adjustments; at the same time.
ETF investors can ride or hedge against banking sector volatility through financial sector funds like XLF and KBE, which hold top banks like JPM and BofA.
The Fed Governor also stated that while easier banking rules help drive risk-taking during economic booms, they also exacerbate weaknesses, and a subsequent downturn makes the situation more painful.
