Latest from Will Canny
BofA Says Ethereum Needs Scalability Improvements to Hold Its Market Position
Binance Smart Chain, Tron, Avalanche and Solana have taken market share from Ethereum thanks to their greater scalability and lower transaction fees.
Jefferies Downgrades MicroStrategy to 'Underperform;' Shares Slump
The company holds 129,200 bitcoins, which translates into a $1 billion unrealized loss on its investment due to the fall in the BTC price, a report says.
Decentralized Music Streaming Service Audius Shifts Balance of Power, Says Bank of America
Audius moves “power, profits, control and governance from record labels and centralized [platforms] to artists and fans,” the report says.
Citi Says Crypto Contagion Appears to Have Ceased
Stablecoin outflows have been stemmed and outflows from ETFs have also stabilized, the report said.
Crypto Payments Firm BCB Group Hires Deputy CEO to Expand Internationally
Noah Sharp joins from Paysafe, where he was employed as chief banking officer.
Crypto Custodian Copper Soon to Close Delayed Funding Round: Sources
Copper’s Series C round will value the company around $2 billion, according to two sources. The firm sought a $3 billion valuation in November.
Coinbase Says Miners’ Sales of Newly Minted Bitcoins Don’t Add Significant Market Pressure
If all newly issued bitcoin were immediately sold on the market each day, it would equate to only 900 BTC of selling pressure, the report said.
Bank of America Customers’ Crypto Activity Slowed as Market Slid
Almost 70% of the U.S. population hasn't invested in or isn't interested in investing in cryptocurrencies, the bank said.
JPMorgan dice que el ciclo de desapalancamiento del mercado cripto no será largo
Las empresas cripto más fuertes están interviniendo para ayudar a contener el efecto en cadena y la financiación de capital de riesgo sigue siendo saludable, dijo el banco.
JPMorgan Says Crypto Market Deleveraging Cycle Won’t Be Lengthy
Stronger crypto companies are stepping in to help contain contagion, and venture capital funding is still healthy, the bank said.
