Latest from Will Canny
Mt. Gox Bankruptcy Repayments Unlikely to Destabilize Bitcoin: UBS
Early adopters are likely to have remained crypto believers, and so they will choose to be paid in bitcoin and keep it, a report from the firm said.
2023 Will Be Year of Crypto Token Price Divergence: Bank of America
The bank expects tokens that power smart contract-enabled blockchain platforms will outperform meme coins and governance tokens.
Cryptocurrencies Resilient Despite Weak Stocks, More Regulatory Action: Citi
Stablecoin market caps have stabilized while the percentage of ether in smart contracts continues to rise, a report from the bank said.
Crypto Regulatory Initiatives Show SEC’s Dominance Among US Regulators: JPMorgan
JPMorgan foresees more regulatory actions on stablecoin issuers, custody and protection of investors’ digital assets and on the unbundling of crypto services, the report said.
Solana Blockchain Well Positioned to Reassert Itself as a Genuine Layer 1 Competitor: Coinbase
The fundamental value proposition of the Solana protocol persists from a technical perspective, the report said.
Coinbase Off to a Good Start in 2023: JPMorgan
One of the biggest contributors to revenue in the fourth quarter was from Coinbase’s relationship with Circle, the report said.
Ordinals NFTs Can Make Stacks’ STX a Multibillion-Dollar Token: Matrixport
Stacks' ability to leverage the Bitcoin blockchain’s security for settlement of transactions positions the network well for developing Bitcoin decentralized finance, the report said.
Hong Kong’s Approach to Crypto Regulation Could Attract Capital, Talent to Asia: Bernstein
The Securities and Futures Commission is adopting a “regulate to protect” approach to digital assets, the report said.
Arbitrum’s User Base Is Fastest Growing Among Leading Blockchains: Bernstein
It is the only blockchain where liquidity locked is growing, the report said.
Bernstein: SEC Tightening of Crypto Regulations Is Not an Existential Threat
Some in the industry had expressed concern that crypto was actively being removed from the banking system with an attack on stablecoins and custody rules, the report said.
