This stock is a good way to play the crypto market bull run, Piper says

Cryptocurrency price cycles have often revolved around Bitcoin's"halving" events, which occur roughly every four years. Throughout history, Bitcoin and other digital assets tend to experience price surges in the 12 to 18 months leading up to and following these events.

These tokens, except for PEPE, had been previously delisted due to SEC lawsuits but have now returned to Robinhood's trading platform. This move to enhance its crypto offerings is part of Robinhood's strategy to capitalize on the current bull market in cryptocurrencies. For Robinhood, analysts project that the platform could see approximately a 40% sequential increase in its crypto volumes in the first half of 2025 compared to the second half of 2024. This forecast is based on the assumption that the current Bitcoin cycle will mirror previous ones.

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Piper Sandler says build positions in this stock into next week's earningsPiper Sandler says build positions in this stock into next week's earnings
แหล่ง: Investingcom - 🏆 450. / 53 อ่านเพิ่มเติม »

'Extremely attractive' risk/reward on this stock into earnings, Piper Sandler says'Extremely attractive' risk/reward on this stock into earnings, Piper Sandler says
แหล่ง: Investingcom - 🏆 450. / 53 อ่านเพิ่มเติม »