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Are there too many crypto treasury companies?

How many crypto treasury companies (DATs) can there be? According to Coinbase research chief David Duong, fewer than expected. As the cycle matures and competition increases, smaller DATs could merge or be acquired by larger ones, Duong told Cointelegraph. “Companies…

Bitcoin rally: JPMorgan announces new price target

US banking giant JPMorgan says Bitcoin should rise to around $165,000 on a volatility-adjusted basis relative to gold. The firm's models suggest the reserve cryptocurrency would need to rise by about 40 percent from current levels. The sharp rise in…