- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
Bernstein: Crypto Bull Market Cycle Still 'Early Stage'
BlockBeats News, July 31st, according to The Block, Bernstein stated that the current crypto bull market cycle is still in its early stages, and trading platforms such as Robinhood and Coinbase are poised to benefit from the increased trading volume and mainstream market adoption. Bernstein reiterated its "outperform" rating for both companies, maintaining confidence in their performance.
The report shows that Robinhood's second-quarter performance, announced on Wednesday, was impressive and continues to expand its cryptocurrency products. In July, its trading volume soared to a six-month high, benefiting from the resurgence in market volatility and factors such as the listing on Circle. Investors' interest in ETH, SOL, and DeFi tokens is growing, and it is expected that cryptocurrency trading volume will significantly increase in the second half of the year. Additionally, the report mentioned Coinbase's strategic partnership with JPMorgan Chase, which has greatly promoted the mainstream adoption of digital assets. Bernstein believes that the current crypto bull market is still early, with recent developments supporting this view, stating that there is currently "no need to take action."
You may also like
Why Does Ethereum Urgently Need ZK Rollups?
Truebit Protocol Hack Drains $26.5 Million in Major DeFi Exploit
Key Takeaways Truebit faced a major security breach, losing approximately $26.5 million in ETH. An attacker exploited a…
Fed Interest Rate Cuts Expected to Be Delayed, Say Multiple Financial Institutions
Key Takeaways Several major financial institutions have adjusted their forecasts, predicting delays in the timing of Federal Reserve…
Bitfinex Report Highlights Potential Bitcoin Break-Even Pressure
Key Takeaways Bitfinex’s report indicates Bitcoin’s cost basis is between $92,100 and $117,400, suggesting possible break-even selling pressure.…
Binance Lists United Stables as a New Trading Option
Key Takeaways Binance is adding United Stables (U) to its platform, expanding its offerings in digital currencies. United…
Whale Transfers $12.54 Million in LINK to Multisig Wallets
Key Takeaways An unidentified whale or institution has transferred approximately $12.54 million worth of LINK tokens. These transfers…
Standard Chartered Predicts Ethereum’s Remarkable Surge by 2026
Key Takeaways Standard Chartered forecasts Ethereum (ETH) will reach $7,500 by the end of 2026. BitMine bolsters its…
What Is the Next Step for DeFi?
a16z Raises $15 Billion in New Fund: Long Criticized, Why Has It Become the "Best Storytelling" Venture Capitalist?
Most US debanking cases stem from government pressure, says report
Key Takeaways A report from the Cato Institute indicates that most debanking incidents in the US originate from…
Coinbase May Withdraw Support for CLARITY Act Amid Stablecoin Rewards Ban Debate
Key Takeaways Potential Withdrawal: Coinbase is considering withdrawing support for the CLARITY Act if it restricts stablecoin rewards.…
X to Introduce ‘Smart Cashtags’ for Tracking Real-Time Crypto and Stock Prices
Key Takeaways Smart Cashtags Integration: X is set to launch a new feature, Smart Cashtags, allowing users to…
Russian Pension Fund Overwhelmed by Crypto Inquiries as Mining Income Discussion Intensifies
Key Takeaways In 2025, Russia’s Social Fund received approximately 37 million inquiries, with a significant portion focused on…
Why is the Hong Kong RWA Market Attracting Global Capital in Droves?
2025's Biggest Miscalculation: Bitcoin Peaks in Q4, HODLing No Longer Effective
Trove ICO Oversubscription Controversy, Ethereum ERC-8004 Standard Released, What's the Overseas Crypto Community Buzzing About Today?
North Korean Hackers Enjoy 'Fat Years': Stole Record Amount in 2025, With Money Laundering Cycle of About 45 Days
Why Is On-Chain Fixed-Rate Lending Hard to Come By? "Basis Swap" Trading Is the Way Out
Why Does Ethereum Urgently Need ZK Rollups?
Truebit Protocol Hack Drains $26.5 Million in Major DeFi Exploit
Key Takeaways Truebit faced a major security breach, losing approximately $26.5 million in ETH. An attacker exploited a…
Fed Interest Rate Cuts Expected to Be Delayed, Say Multiple Financial Institutions
Key Takeaways Several major financial institutions have adjusted their forecasts, predicting delays in the timing of Federal Reserve…
Bitfinex Report Highlights Potential Bitcoin Break-Even Pressure
Key Takeaways Bitfinex’s report indicates Bitcoin’s cost basis is between $92,100 and $117,400, suggesting possible break-even selling pressure.…
Binance Lists United Stables as a New Trading Option
Key Takeaways Binance is adding United Stables (U) to its platform, expanding its offerings in digital currencies. United…
Whale Transfers $12.54 Million in LINK to Multisig Wallets
Key Takeaways An unidentified whale or institution has transferred approximately $12.54 million worth of LINK tokens. These transfers…
App