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NY investment bank says ‘crypto winter is over,’ bullish outlook for Coinbase

Analysts from the prominent New York-based investment bank H.C. Wainwright have declared an end to “crypto winter.”The bank has initiated its coverage of U.S. crypto exchange Coinbase with a “buy” rating, saying that the company stands to benefit from the growing cryptocurrency industry around the globe. In an April 26

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Blockchain Association CEO Sees ‘Bright’ Outlook for U.S. Crypto Policy

The Senator has embraced the term “anti-crypto” when describing her critical views of the space. However, her views rarely reflect that of the mainstream, even within the Democratic party. Advocates are already pushing back in preparation for the next election cycle. The Blockchain Association is building a pro-crypto army, and

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Coca-Cola Releases Q1 2023 Results, Beats Estimates & Doubles Down on Yearly Outlook

According to its Q1 2023 report, beverage giant Coca-Cola realized revenue of $10.96 billion on higher product prices and increased demand. Coca-Cola (NYSE: KO) published a Q1 2023 earnings report that beat estimates, largely by benefitting from price increases and higher demand. For the first quarter of 2023, the beverage giant pulled in

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US banking system outlook downgraded to ‘negative’ following recent bank failures

Credit rating agency Moody's, has recently downgraded its outlook on the entire US banking system from "stable" to "negative." The move comes in light of recent bank failures of Silicon Valley Bank, Silvergate Bank, and Signature Bank, which has prompted regulators to intervene with a rescue plan for impacted depositors

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Treasury Yields Climb amid Latest Investor Interest Rate Outlook Assessment

The 2-year and 10-year Treasury yields rose Tuesday as investors pondered the next Fed interest rate hikes.  Treasury yields recently climbed amid investor interest rate assessment ahead of pivotal inflation data. On Tuesday, investors and analysts weighed the outlook for Federal Reserve interest rate hikes following Silicon Valley Bank’s collapse. By 5 am Eastern

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