Latest from Will Canny
MicroStrategy in Unique Position to Benefit From Rising Bitcoin Price: Berenberg
The bank initiated coverage of the stock with a buy rating and a $430 price target.
Bitcoin Market Impact From Mt. Gox Repayments Will Be Limited: Matrixport
Not all the stolen bitcoin was recovered, so only a fraction of the original amount held by creditors will be compensated, the report said.
Declining Bitcoin-Ether Correlation Could Affect Crypto Investors’ Hedging Strategies: Coinbase
From a fundamental perspective, the weaker correlation supports diversification arguments in favor of holding both BTC and ETH, the exchange said.
MicroStrategy’s Bitcoin Holding Doesn’t Necessarily Pose a Concentration Risk: Bernstein
Rising bitcoin prices mean a stronger balance sheet, higher stock prices and easier debt repayment, without the company needing to sell its holdings, the report said.
The Biggest Crypto Bull Cycle Is Upon Us: Bernstein
Macro catalysts are lining up for bitcoin, a new report from the brokerage firm said.
Ether’s Strong Price Action May Continue Until End of Month: Coinbase
One reason why ether is appreciating is because of its relative underperformance versus bitcoin so far this year, the exchange said.
TradFi Remains the Counterparty of Choice for Institutional Crypto Investors: Bank of America
Crypto company collapses create a void in the ecosystem that trusted and experienced traditional finance firms may look to fill, the report said.
Tokenization of Real-World Assets a Key Driver of Digital Asset Adoption: Bank of America
The tokenized gold market reached over $1 billion in value last month, the report said.
Here Is What Institutions Are Saying About Ethereum's Shanghai Upgrade
The upgrade, scheduled for later Wednesday, will enable validators to withdraw staked ether.
U.S. Banking Crisis May Be Vindication for Crypto Ecosystem: JPMorgan
Bitcoin rallied in tandem with gold as they are both viewed as hedges to a catastrophic scenario, the report said.
