Investment Bank Stifel Downgrades Twitter to 'Sell' Amid 'Full-Blown Elon Circus'
The bank issued its updated guidance this morning following news that Tesla CEO Elon Musk had filed paperwork with the SEC to take Twitter private in a $43 billion bid.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Slowing ETF demand and corporate treasury selling are breaking the math behind Wall Street’s $16 trillion Bitcoin target
Bitcoin market cap must rise to ARK Invest's roughly $16 trillion 2030 base case, requiring about 78.6% annual growth from the cur...
This Nasdaq-listed Bitcoin treasury diluted shareholders 18-fold to survive a $212 million crypto loss without selling its stash
GD Culture Group reported a $211.8 million first-half unrealized Bitcoin loss on its holdings while its split-adjusted share count...
Trump-linked World Liberty Financial wins OCC bank approval as $112 million DeFi position sits near liquidation
The Office of the Comptroller of the Currency (OCC) gave World Liberty Financial, a DeFi venture associated with President Donald...
Paul Tudor Jones’ investment firm increases stake in BlackRock's bitcoin ETF after year of selling
Calls fell 85.2% to 148,000 underlying shares, while puts slipped 1.4% to 715,000.
Israel’s largest bank taps Galaxy to offer Bitcoin, Ether, Solana trading
Bank Leumi customers will be able to buy, hold and sell three major cryptocurrencies directly through the bank’s investment app be...
Israeli Bank Leumi to Debut Bitcoin Trading With Galaxy Digital
Bitcoin Magazine Israeli Bank Leumi to Debut Bitcoin Trading With Galaxy Digital Israel’s biggest bank, Bank Leumi, will become th...