Latest from Will Canny
Excessive Volatility Hindering Further Mainstream Adoption of Bitcoin, JPMorgan Says
The bank said Ethereum is also facing challenges due to declining market share in the DeFi and NFT sectors.
Morgan Stanley Says Bitcoin’s 50% Correction Is Nothing New
The slide is within historical norms, the bank’s analysts said.
Goldman: Bitcoin, Altcoins to Become More Correlated With Traditional Financial Market Variables
The bank’s analysts said digital assets won’t be immune to macroeconomic forces such as monetary tightening.
Coinbase Still the 'Blue Chip Way' to Gain Crypto Growth Exposure, Goldman Says
The bank continues to rate the crypto exchange as "buy" while cutting its price target to $288.
Coinbase Shares Are Very Unattractive Heading Into First Half, Mizuho Securities Says
The bank sees “significant downside to consensus revenue expectations.”
Crypto Payments Service Provider BCB Group Raises $60M Series A
The new financing will be used to accelerate BCB Group's offerings.
Bank of America Says US CBDC Would Preserve Dollar’s Status as World’s Reserve Currency
CBDC’s are an inevitable evolution of today’s electronic currencies, the bank’s analysts said.
Jefferies Sees the NFT Market Reaching More Than $80B in Value by 2025
The bank raised its market-cap forecast to over $35 billion for 2022 and expects double-digit percentage growth for the next five years.
JPMorgan Says Ethereum Is Losing NFT Market Share to Solana
The bank cites Ethereum's high transaction fees and congestion.
Morgan Stanley Says Crypto Markets Are Weakening as Central Banks Look to Tighten
The imminent start of central bank tightening is putting pressure on the crypto market.
