Latest from Will Canny
Coinbase Upgraded to Neutral as Goldman Sachs Ends Bearish Stance
The bank lifted its rating on the stock after bitcoin hit record highs and the crypto exchange’s trading volume reached levels not seen since 2021.
Bitcoin Is Unlikely to Match Gold’s Allocation in Investors’ Portfolios in Nominal Terms: JPMorgan
The bitcoin spot ETF market could grow to around $62 billion in the next two to three years, the report said.
Ethereum’s Dencun Upgrade Could Mean Near-Zero Fees for Layer-2 Blockchains: Fidelity Digital Assets
The upgrade is the first step toward enabling the network’s rollup-centric roadmap, the report said.
Deutsche Boerse Starts Crypto Trading Platform for Institutional Clients
Deutsche Boerse will operate the trading venue, and Crypto Finance will provide settlement and custody services.
Bitcoin Miners Need to Be Proactive to Hold Their Positions After Halving: Fidelity Digital Assets
As the protocol evolves, new layers could emerge bringing new use cases and more users, the report said.
Bernstein Expects DeFi to Make a Big Comeback
Six out of the top 10 revenue-generating protocols are DeFi applications, the report said.
Bitcoin Could Slide to $42K After Halving Hype Subsides, JPMorgan Says
The bitcoin production cost has historically acted as a lower boundary to the cryptocurrency’s price, the report said.
Morgan Stanley Evaluating Spot Bitcoin ETFs for Its Giant Brokerage Platform: Sources
Since spot bitcoin ETFs went live in January, chatter has increased about the imminent arrival of the big registered investment advisor (RIA) networks and broker-dealer platforms.
Finance Protocol Usual Introduces Stablecoin Backed by Real-World Assets
Profits are redistributed to the community by rewarding token holders with yields.
MicroStrategy Is a Timely Play on Bitcoin Halving; Initiate at Buy: Benchmark
A price target of $990 is based on the assumption that bitcoin will reach $125,000 by year-end 2025, the report said.
