Latest from Will Canny
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.
Majority of JPMorgan Clients Expect Bitcoin to Trade at $60K or More by Year-End
45% of the banking giant's clients see bitcoin trading at or under $40,000.
Goldman Bullish on Online Brokers’ 4Q Earnings Due to Crypto Activity, Retail Trading
The bank sees total crypto trading revenues rising 62% at Coinbase and 18% at Robinhood compared with the quarter before.
TP ICAP Has Started Trading Crypto-Linked Exchange-Traded Products for Clients
While the firm is now trading ETPs solely in Europe, a U.S. rollout is planned in eight weeks.
BofA Upgrades Coinbase to Buy, Sees Revenue Diversification Beyond Retail Crypto Trading
The bank says that the increase in other revenue streams could lead to increased buying interest from institutional investors.
JPMorgan Says Ethereum’s DeFi Dominance at Risk Due to ‘Sharding’ Delays
Analysts from the bank said that the scaling of the network might arrive too late.
Shares of Crypto Miner Riot Blockchain Jump 7% After Cantor Starts Coverage
The broker said that the firm is uniquely positioned to gain market share in the bitcoin mining sector.
