The broker raised its price target on the trading platform's stock to $51 from $30.

The total market cap of the miners the bank tracks grew 33% since the end October, the report said.

A Republican sweep is the best result for the digital assets sector and could bring positive regulatory change, the report said.

Under such a proposal, bitcoin would be established as a strategic reserve asset and the government could buy up to 5% of the cryptocurrency's tota

Stablecoin and crypto-market structure bills may now see faster progress, the report said.

The company needs financing conditions to remain agreeable, and there needs to be continued investor demand for the firm's convertible debt, the re

The network's monthly average hashrate surged to a record high, the report said.

The broker raised its price target for the software company to $300 from $173 while maintaining its buy rating.

The company missed consensus revenue expectations, analysts said.