From Nasdaq:

InvestorPlace highlights the rise of crypto stocks in 2024, with Bitcoin leading the way. Investing in crypto stocks offers advantages like regulatory compliance, business growth potential, and tax advantages, providing synthetic leverage for potential gains and losses tied to crypto prices and trading volumes.

Riot Platforms (RIOT) plans to expand mining capacity, with a projected self-mining hash rate of 41 EH/s. Financially strong with $908 million in cash and no debt, Riot is poised for growth despite the Bitcoin halving event. Interactive Brokers Group (IBKR) reported record net interest income of $2.8 billion in 2023, showing promise for huge earnings in the crypto segment.

Coinbase Global (COIN) stock surged over 48% amid Bitcoin ETF approval, with a historical correlation to Bitcoin prices. Forecasting a bullish trend for Bitcoin reaching near $80,000 by April, COIN stands to benefit from increased trading activity. The correlation suggests a potential surge for COIN stock, making it a top choice for investors.



Read more at Nasdaq: Hot Stuff: The 3 Best Opportunities for Investing in Crypto