ATOM Experiences Sharp Volatility in 4% Recovery Rally

XRP, SUI and UNI outperformed as the broader crypto market started to digest the violent move higher over the past few days.

According to BlockBeats, on July 15th, investment bank TD Cowen raised Strategy's target stock price from $590 to $680 and predicted that Bitcoin is expected to reach $155000 in December of this year. Strategy is currently the listed company with the largest holdings of Bitcoin, with a total holdings of 601550 BTC following its recent purchase of Bitcoin for $472.5 million. The bank's benchmark forecast price for Bitcoin is $128000, with the most pessimistic expectation being $55000. Strategy plans to raise $84 billion for further purchases of Bitcoin and expects to hold up to 900000 BTC by 2027. TD Cowen suggests investors consider Strategy's preferred stocks to gain returns and reduce volatility risk.

BlockBeats News: On July 15th, Canadian investment firm Digital Commodities announced the completion of its final round of $2 million in private equity funding, which has been fully subscribed and will be used to purchase Bitcoin and gold.

BlockBeats News: On July 15th, according to NLNico, Canadian listed company Sixty Six Capital Inc increased its holdings of 6.1 bitcoins through an ETF, and currently holds a total of 132.8 bitcoins in the ETF. The company plans to convert these holdings into directly held Bitcoin in the near future.