đ¨ Breaking: Major Exchange Delists 3 AltcoinsâHereâs What It Means for Crypto Markets
A seismic shift just hit the altcoin market as a top-tier exchange axes three digital assets from its platform. While the specific coins remain unnamed in reports, the move signals a ruthless shakeout of weaker projectsâsomething veterans have seen before during crypto winters.
Market watchers are split: some see this as healthy Darwinism, while others warn of contagion risk. One thing's certainâexchanges are getting pickier, and traders holding 'zombie coins' might want to check their portfolios... before their wallets do it for them.
Funny how these delistings always happen after the liquidity's already goneâalmost like exchanges enjoy slamming the coffin shut on dead projects. Stay sharp out there.
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Top Analyst Turns Upbeat About BLSH Stock
Aside from market share wins, Lau also highlighted other strengths, such as Bullishâs expansion into options, the U.S. market, and liquidity services, as well as solid blockchain fundamentals. The 5-star analyst expects all these positive factors to drive higher earnings growth, improved sentiment, and multiple expansion.
Furthermore, Lau noted that BLSH stock has pulled back 21% since he initiated coverage on October 20. The analyst noted that the recent selloff in several blockchain stocks, including BLSH, is due to concerns over the macro backdrop and artificial intelligence. That said, Lau contends that fundamentals of Bullish and the broader industry remain solid, as indicated by his market share analysis and insights from recent conferences (including Money20/20, Ripple Swell, and chainlink SmartCon). Lau slightly raised his estimates for Bullish to reflect improved revenue prospects.
Lau explained that despite all these positives, he lowered his price target for BLSH stock to $57 from $60 to reflect lower stock multiples amid weaker sentiment. âHowever, we believe it presents an attractive setup for the shares going into 2026,â concluded the top-rated analyst.
What Is the Target Price for BLSH Stock?
Interestingly, popular investor Cathie Wood has been capitalizing on the pullback in BLSH stock and accumulating shares via the ARK ETFs.
Currently, Wall Street is cautiously optimistic on Bullish stock, with a Moderate Buy consensus rating based on five Buys and eight Holds. The average BLSH stock price target of $60.42 indicates 35% upside potential.
