Latest from Will Canny
Morgan Stanley Says Crypto Could Become More Widely Used as Currency
Partnerships with physical stores are a significant milestone in the evolution of bitcoin as a medium of payment, the bank said.
Goldman Says Apple, Meta Lead in Developing Metaverse Technology
Virtual reality platforms are set to evolve rapidly into 2023, the bank’s analysts said.
Coinbase Says Idiosyncratic Variables Still Impacting Crypto Returns
This supports the use of digital assets for portfolio diversification, the report said.
Morgan Stanley Says US Could Regulate Stablecoin Issuers Like Banks
A U.S. CBDC is needed to ensure the dollar remains the world’s dominant payment mechanism, the bank’s analyst said
Blockchain-Exposed Stocks Could Show Massive Sales Growth Despite Recent Underperformance, Goldman Says
Bitcoin has become more correlated with equity index returns in recent months, the bank’s analysts said.
HSBC Starts Metaverse Fund for Private Banking Clients in Asia
The Metaverse Discretionary Strategy portfolio aims to capture opportunities arising from the next iteration of the internet, the bank said.
FCA Friction Said to Spook Investors Over Copper’s Reported $500M Raise
Temporary registration status from the U.K.’s markets regulator has caused some VC firms to back out or downsize their checks, sources say.
Citi Sees Metaverse Economy as Large as $13T by 2030
The virtual world could be the next generation of the internet, the bank’s analysts said in a report.
NFTs Could Go Mainstream With Instagram’s Planned Support, Deutsche Bank Says
Instagram could lower the barrier for entry to the NFT market, the report said.
Morgan Stanley Sees DeFi Remaining ‘Fairly Small’ as Growth to Slow
Regulation and overcollateralization are the main hurdles for the sector, the bank said.
