Latest from Will Canny
SEC Could Prepare Alternative Arguments to Reject Spot Bitcoin ETFs: Berenberg
Coinbase’s potential involvement in spot bitcoin ETFs could serve as part of the SEC’s reconfigured arguments for rejecting the applications, the report said.

Grayscale Victory Against SEC Clears Path for Spot Bitcoin ETFs: Bernstein
The ruling increases the likelihood the SEC might approve all bitcoin spot ETF applications together, the report said.

JPMorgan Sees Limited Downside for Crypto Markets in the Near Term
News that Elon Musk’s SpaceX had written off some of its bitcoin holding in the previous quarter acted as an additional catalyst for the correction in crypto markets in August, the report said.

Nomura-Backed Crypto Custody Firm Komainu Wins Operating License in Dubai
The company can now offer its full range of digital asset custody services to clients in the emirate, including institutional staking and collateral management.

Crypto Miners Are Attempting to Diversify Into Other Business Areas: JPMorgan
Miners are now offering high performance computing services to the rapidly evolving artificial intelligence market, the report said.

Artificial Intelligence Trend is Accelerating With ‘Lion’s Share’ in the U.S.: Morgan Stanley
The banking giant said in a report that around 15% of companies quantified a revenue or cost-benefit from applying machine learning in the first half of the year.

The Secular Investment Case for Bitcoin and Crypto Adoption Remains Intact: Coinbase
The combined effect of expansionary fiscal and monetary policies should support bitcoin long term as a hedge against fiat debasement and profligate spending, the report said.

Bitcoin Spot ETF Approval Could Help Power up a New Crypto Cycle: Bernstein
New capital will enter the market from fresh stablecoin supply, tokenization of traditional assets, native crypto infrastructure tokenization and ETFs, the report said.

La stablecoin de PayPal probablemente no sea utilizada masivamente en el corto plazo, según Bank of America
A largo plazo, el banco advirtió mucha más competencia para el token.

PayPal’s Stablecoin Not Likely to Be Used Widely Anytime Soon: Bank of America
Longer term, the bank sees much more competition for the token.

