Latest from Will Canny
Crypto Exchange Bitget Opens Dubai Office, Plans Middle East Expansion
The crypto trading platform plans to hire up to 60 new members of staff in the region.
Coinbase Earn Is Particularly Vulnerable to Being Defined as a Security: Berenberg
The crypto exchange is still faced with significant regulatory challenges, the report said.
Próximo halving de Bitcoin podría ser una prueba de resistencia para los mineros, según JPMorgan
La próxima reducción a la mitad de la emisión de la principal criptomoneda supondrá una baja en los ingresos de los mineros y un aumento de los costes de producción al mismo tiempo, según el informe.
Next Bitcoin Halving Event Could Be a Stress Test for Miners: JPMorgan
The next halving will see a reduction in miners’ revenues and an increase in bitcoin production costs at the same time, the report said.
Ripple’s XRP Summary Judgment Positive for Coinbase, Price Target Raised to $120: Needham
The court’s decision should moderately de-risk the regulatory pressure on the crypto exchange’s stock, which is a significant overhang on the share price, the broker’s report said.
Coinbase Rally on the Back of XRP Court Ruling Is Overdone: Berenberg
The surge in the crypto exchange’s share price was driven largely by investors who saw the decision as a representing a rejection of the SEC’s argument in the lawsuit it filed against Coinbase in June, the report said.
XRP Ruling a ‘Landmark’ Judgment, Weakens SEC's Stance Against Crypto: Bernstein
The court’s decision weakens the SEC’s stance that the securities law is clear and no separate clarity is required for digital assets, the report said.
Coinbase Cut to Underweight Ahead of Earnings by Barclays
The bank said it sees few positive drivers for the crypto exchange’s share price in the near term.
Bitcoin April 2024 Forecast Raised to $56.6K: Berenberg
The bank lifted its MicroStrategy price target to $510, representing 24% potential upside, the report said.
MicroStrategy Only Needs to Liquidate Bitcoin in Extreme Price Corrections: Bernstein
A more robust bitcoin price means the company has a stronger balance sheet, a higher share price and easier debt repayment without the need to sell down its cryptocurrency holdings, the report said.
