Global Stock News

Trump-Xi Meeting, SEC Tokenization Rule Seen as Near-Term Catalysts for Crypto Stocks, B. Riley Says — TradingView News

Trump-Xi Meeting, SEC Tokenization Rule Seen as Near-Term Catalysts for Crypto Stocks, B. Riley Says — TradingView News

B. Riley on Tuesday raised its price targets on six crypto-linked stocks, pointing to President Donald Trump’s upcoming meeting with Chinese President Xi Jinping and the SEC’s new framework for tokenized stocks as key near-term catalysts for the sector.

The firm raised its targets on SharpLink Gaming (SBET), Nakamoto (NAKA), Strategy (MSTR), Forward Industries (FWDI), Bitmine Immersion Technologies (BMNR) and Strive (ASST), while maintaining ‘Buy’ ratings on all six stocks.

Crypto Equities Lag Bitcoin Rally

The target changes come after a sharp weekend rally in cryptocurrencies. Bitcoin (BTC) climbed above $86,000 on Tuesday morning, while gains in crypto equities lagged behind.

In a note to investors cited by TheFly, B. Riley…

Source link

Share this article

Scroll to Top