Analysis: Tapiero ups crypto forecast to $50T; Compass Point downgrades Circle on valuation
Investor Dan Tapiero merges his firms into a new brand, “50T,” reflecting a $50 trillion crypto market forecast. Tapiero says the crypto ecosystem is already at $5T, “far exceeding” his initial 10-year, $10T thesis from 2020. Circle (CRCL) stock fell up to 8% after Compass Point downgraded it to “Sell,” citing valuation and competition. Prominent […]