Benchmark News

BANANA, the idle TON game, reaches 5 million users in just three weeks, showcasing the immense potential of the TON blockchain for gaming.

The broker raised its price target for the bitcoin miner to $16 from $13 while reiterating its buy rating on the stock.

The integration will expand the range of applications available to the TON Network’s users, including decentralized finance (DeFi), gaming, and identity solutions.

The stock lost nearly half of its value earlier this week following the tumble in altcoins and after the publication of a negative opinion piece in a crypto newsletter, the report said.

Lower interest rates in developed economies could be a tailwind for bitcoin prices.

The broker assumed coverage of the digital assets platform with a buy rating and a C$19 price target.

The New York Stock Exchange is considering switching to a 24-hour trading format, prompted by the continuous trading schedule of cryptocurrencies and changing global investment trends.

The new Hut 8 (HUT), resulting from the merger with US Bitcoin Corporation (USBTC) that closed last November, features a diversified business model with multiple revenue streams, broker Benchmark said in a research report on Monday.

Cardano Foundation CEO Frederik Gregaard announced the imminent release of an interim constitution, advancing Cardanos commitment to decentralized governance.