Latest from Will Canny
Silvergate Capital Could Benefit From Institutional Crypto Adoption, Wells Fargo Says
The Wall Street bank initiated coverage of the stock with an "overweight" rating and a $120 price target.
Benchmark Sees Canaan as Indirect Investment in Bitcoin, Shares Gain
The broker initiated coverage of the mining-equipment business' stock with a buy rating and $9 price target.
Citi Says Crypto Market Volatility Has Affected User Adoption
Concerns about stablecoins following UST’s collapse have exacerbated declines in digital asset prices, the bank said.
Metaverse-Related Economy Could Be as Much as $13T: Citi
The bank’s analysts identified early investment opportunities that could benefit from the growth of the digital world.
Morgan Stanley Sees Crypto Equivalent of Quantitative Tightening
The bank pointed to weakness in crypto markets, the failure of a dollar stablecoin and a reduction in leverage in decentralized finance.
Investors View Polkadot as an Alternative Layer 1, Coinbase Says
The market cap of Polkadot’s DOT token relative to ether has been falling since November, according to the report.
Inversión récord de venture capital se ralentizará, según Morgan Stanley
La actividad alcanzó su pico máximo en diciembre y podría caer hasta un 50% para fin de año, dijo el banco.
Morgan Stanley Says Record Crypto Venture Capital Investment to Slow
Deal activity peaked in December and could fall as much as 50% by year-end, the bank said.
Defining Cryptocurrency Regulation Important for the Industry to Grow: Morgan Stanley
Disagreement on new legislation would be negative and lead to an extended period of uncertainty, the bank said.
Goldman Sachs Says DeFi’s Interconnections Can Increase Systemic Risk
Contagion risk related to UST’s depegging hit staked ether (stETH) because of Lido’s exposure to the Terra ecosystem, the bank said.
