Well, well, well… last week, the crypto markets took a bit of a nap. With a 3% dip in global crypto market capitalization, it looks like traders decided to head for the hills rather than risk losing their shirts.
But, as always, there are some brave souls still holding onto their crypto stocks. They’re being propped up by institutional adoption and ecosystem developments that could bring about a *comeback*-you know, the kind that gets people talking. Keep an eye on COIN, MIGI, and ELWS this week. 🎯
Coinbase (COIN)
Coinbase ended last Friday’s session at $312.59, up by a modest 1.92%. So, what’s the buzz this week? Well, institutional adoption news might just give the stock a little extra muscle. 💪
On September 23, Caliber, a company that manages digital assets, picked Coinbase Prime as its go-to platform for institutional trading and custody. In other words, Coinbase is playing in the big leagues now. 🏆
With Coinbase Prime offering liquidity and institutional-grade custody, Caliber’s decision is like giving a shot of adrenaline to the crypto world. If the buying continues, COIN’s price could creep up to $329.26. (Cross your fingers, folks.)
Want more juicy token gossip like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter right now! (Don’t miss out, you never know what’s coming next.)
But if the bears wake up and start selling, COIN might be heading back down to $293.61. Yikes. 🐻
Mawson Infrastructure Group Inc. (MIGI)
MIGI wrapped up Friday at $0.50 per share, with an 8.54% jump for the day. Clearly, some people are feeling a bit more optimistic. Maybe it’s the recent operational updates, or maybe it’s the fact that they’re trying to avoid a Nasdaq listing disaster.
On September 17, the company proudly announced that everything is *still running smoothly* at their U.S. facilities. So, no surprise there. The Pennsylvania site is rocking it, and the Nasdaq situation? They’ve got an extension to stay listed. 🎉
Thanks to these updates, if the buying frenzy continues, MIGI could surge past $0.53. And if not? It’ll just dip to $0.47. You know, the usual rollercoaster ride. 🎢
So, are we feeling lucky this week, or is MIGI destined for a little retreat? Place your bets! 😏
Earlyworks Co., Ltd. (ELWS)
Earlyworks ended Friday at $2.63, with an impressive 8.47% jump. Looks like they might be going places. Well, at least until October 29, when they’ve got to prove they can still meet Nasdaq’s *ridiculously strict* requirements.
On September 23, the company got a final extension from the Nasdaq Hearings Panel. Now they’ve got until October 29 to make sure they’re in compliance, or *poof*, their shares are gone. Bye-bye. 👋
But don’t worry, they’re working on equity financing. So, if this works out, Earlyworks might just see a nice boost toward $3.16. Fingers crossed. 🤞
If they can’t pull it together though? Well, that might mean a plunge below $1.94. Let’s hope it doesn’t come to that. 😬
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2025-09-29 20:22