Bitcoin Witnesses Seesaw Trading in Early 2024: 5 Stocks in Focus (Part-2)

The right to purchase or sell bitcoin futures contracts at a specified price at a future date is granted to the buyer of the call or put by CME Group Inc. Bitcoin and Ethereum futures contracts, as well as micro-Bitcoin and Ethereum futures contracts, are the basis for the Bitcoin and ether options offered by CME.

The current year's predicted profits growth rate for CME Group is 2.3%. We have seen a 0.4% improvement in the Zacks Consensus Estimate for current-year profits over the previous 60 days.

Worldwide Cryptocurrency Exchange, Inc. For the cryptocurrency market in the US and throughout the world, COIN offers the necessary financial infrastructure and technology. COIN provides a number of services and products, including a consumer-facing cryptocurrency bank account, a marketplace where institutions can buy and sell crypto assets, and tools for programmers to create apps that use cryptocurrency and safely accept it as payment.

Profits at Coinbase Global are projected to increase by 49.1% this year. There has been a 36.4% improvement in the Zacks Consensus Estimate for current-year earnings over the previous 30 days. COIN is presently ranked #3 (Hold) by Zacks Invest Research.

We are Robinhood Markets, Inc. In the US, HOOD runs a platform for financial services. Users are able to purchase equities, ETFs, options, gold, and cryptocurrency using its site. HOOD uses the Robinhood Crypto platform to purchase and sell several cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, and more.

For the current year, Robinhood Markets is projected to have profits growth of almost 100%. In the past 30 days, there has been a 0.7% improvement in the Zacks Consensus Estimate for earnings for the current year. At the moment, HOOD is ranked #3 by Zacks.

Block, Inc. SQ, the parent firm of Cash App and Square, is a digital and mobile payment platform that facilitates transactions between buyers and sellers online.

 Bitcoin may be bought, sold, sent, and received by users of Cash App. Also, developers may create decentralized financial apps that operate on programmable blockchains with SQ's tbd platform. Among the biggest Bitcoin investors, SQ is as well.

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