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LITB

LightInTheBox

$2.48

0.12 (5.08%)

, BITCOIN

Bitcoin

05:54
01/08/18
01/08
05:54
01/08/18
05:54

LightInTheBox accepts Bitcoin payment

LightInTheBox announced that bitcoin will now be accepted on the LightInTheBox.com and MiniInTheBox.com platforms as of January 5th, 2018. Bitcoin payments will be processed through BitPay.

LITB

LightInTheBox

$2.48

0.12 (5.08%)

BITCOIN

Bitcoin

LITB LightInTheBox
$2.48

0.12 (5.08%)

BITCOIN Bitcoin

11/29/17
STPT
11/29/17
NO CHANGE
STPT
Standpoint raises 2018 bitcoin price target to $20,000 from $14,000
Standpoint Research analyst Ronnie Moas raised his 2018 price target for bitcoin to $20,000 from $14,000. The current price is around $10,720 and the split-adjusted price is now $12,740 when factoring in Bitcoin Cash, Bitcoin Gold and Bitcoin Diamond, Moas tells investors in an intraday email. There is "no way to justify" gold investments equaling 40 times than that of bitcoin, the analyst argues. He thinks an argument can be made that bitcoin will be equal to gold in 10-15 years. Currently, gold has $7T in investments to bitcoin's $180B, according to Moas.
12/07/17
MSCO
12/07/17
NO CHANGE
MSCO
Morgan Stanley says TD Ameritrade most likely discount broker to embrace bitcoin
Given recent regulatory approval and the upcoming launch of bitcoin futures trading on CME (CME) and CBOE (CBOE), Morgan Stanley analyst Michael Cyprys said he expects discount brokers including E-Trade (ETFC), TD Ameritrade (AMTD) and Ally Financial (ALLY) to offer bitcoin futures trading within the next few months. Among them, he views TD Ameritrade as most likely to embrace bitcoin and lead the way and Charles Schwab (SCHW) as likely to be a latecomer. Cyprys added that he was surprised, given its status as a "challenger brand," that E-Trade has said it will take "a wait-and-see" approach.
12/07/17
STPT
12/07/17
NO CHANGE
STPT
Standpoint raises 2018 bitcoin price target to $28,000 from $20,000
Standpoint Research analyst Ronnie Moas this morning raised his 2018 price target for bitcoin to $28,000 from $20,000. Just over a week ago the analyst raised his 2018 target to $20,000 from $14,000. Moas points out that his longer term public target remains $50,000. He points out in an email that unlike the U.S. dollar, where the government can print money, the supply of bitcoin is capped. We are a couple of years away from being in a situation where hundreds of millions of people around the world are trying to get their hands on a few million bitcoin, Moas contends.
12/20/17
PIPR
12/20/17
NO CHANGE
Target $46
PIPR
Neutral
Piper ups Metropolitan Bank estimates on cryptocurrency exposure
Piper Jaffray analyst Matthew Breese raised his earnings estimates for Metropolitan Bank by 6% after the company detailed its exposure to a cryptocurrency exchange. Metropolitan's exposure to a cryptocurrency exchange averaged $245M in Q3, or 16% of total deposits, Breese tells investors in a research note. He estimate these items aggregate to 7% of net interest income and 9%-11% of earnings. Yesterday's disclosure is important on both the impact of earnings, the percentage of deposits tied to one customer, and that the bank has exposure to a "controversial industry," Breese tells investors in a research note. The analyst, despite raising his earnings estimates, keeps a Neutral rating on Metropolitan Bank shares with a $46 price target. He views the company's cryptocurrency exposure as a "double-edged sword for the stock." On the one hand, cryptocurrencies represent a "unique source of potential earnings growth" for Metropolitan, Breese writes. On the other, the volatility and potential regulatory concerns surrounding cryptocurrencies may cause some trepidation for traditional depository investors, the analyst adds.

TODAY'S FREE FLY STORIES

PE

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SPX

S&P 500

, VIX

Volatility Index S&P 500 Options

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Options
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VZ

Verizon

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Logitech

$37.58

0.25 (0.67%)

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Huntington Bancshares

$16.03

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TD Ameritrade

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ATI

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GPRO

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TWTR

Twitter

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NBL

Noble Energy

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  • 20

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JNJ

Johnson & Johnson

09:16
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Johnson & Johnson sees apalutamide approval in 2018 »

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  • 23

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ABEO

Abeona Therapeutics

$14.85

0.25 (1.71%)

09:16
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Initiation
Abeona Therapeutics initiated  »

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  • 23

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EOG

EOG Resources

09:15
01/23/18
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09:15
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EOG Resources analyst commentary  »

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  • 28

    Feb

FANG

Diamondback Energy

$132.21

4.64 (3.64%)

09:13
01/23/18
01/23
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Diamondback Energy analyst commentary  »

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TWTR

Twitter

09:13
01/23/18
01/23
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09:13
Hot Stocks
Twitter drops as COO Anthony Noto resigns to become SoFi CEO »

Shares of Twitter (TWTR)…

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  • 23

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AMRN

Amarin

$4.04

0.07 (1.76%)

09:12
01/23/18
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DVN

Devon Energy

09:12
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  • 21

    Feb

TWTR

Twitter

09:12
01/23/18
01/23
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09:12
Technical Analysis
Technical Take: Twitter drops on departure of COO Anthony Noto »

Shares were last down…

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  • 23

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CLR

Continental Resources

09:11
01/23/18
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HAL

Halliburton

09:10
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CXO

Concho Resources

$160.41

4.22 (2.70%)

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  • 21

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VZ

Verizon

$53.46

1.55 (2.99%)

09:09
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Technical Analysis
Technical Take: Verizon trades higher after results »

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  • 23

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ANAB

AnaptysBio

$114.78

-0.135 (-0.12%)

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XEC

Cimarex Energy

$126.80

2.76 (2.23%)

09:08
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  • 24

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DGX

Quest Diagnostics

$103.57

0.51 (0.49%)

09:08
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Quest Diagnostics to acquire MedXM for undisclosed amount »

Quest Diagnostics…

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  • 01

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VZ

Verizon

$53.46

1.55 (2.99%)

09:07
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09:07
Hot Stocks
Breaking Hot Stocks news story on Verizon »

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  • 23

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SLB

Schlumberger

$79.79

3.37 (4.41%)

09:06
01/23/18
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APC

Anadarko

$60.72

2.52 (4.33%)

09:06
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  • 07

    Feb

VZ

Verizon

$53.46

1.55 (2.99%)

09:06
01/23/18
01/23
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Hot Stocks
Breaking Hot Stocks news story on Verizon »

Verizon says 5G trials…

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  • 23

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TWTR

Twitter

$23.32

-0.34 (-1.44%)

09:05
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SoFi names former Twitter COO Anthony Noto as CEO »

SoFi announced that its…

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HAL

Halliburton

$56.40

3.39 (6.40%)

09:05
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Halliburton analyst commentary  »

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