Latest from Will Canny
Avalanche Foundation Adds U.K. Lawmaker Chris Holmes to Board
Holmes, who sits in the House of Lords, will help guide Avalanche’s growth and accessibility efforts.
Wall Street Bank Citigroup Sees Ether Falling to $4,300 by Year-End
Network activity remains the key driver of ether’s value, but much of the recent growth has been on layer-2s, the report noted.
Bitcoin Mining Profitability Fell in August, Jefferies Says
U.S.-listed mining companies accounted for 26% of the Bitcoin network last month, unchanged from July, the report said.
Ether Bigger Beneficiary of Digital Asset Treasuries Than Bitcoin or Solana: StanChart
The strongest DATs will be those with cheap funding, scale, and staking yield, which favors ether and solana treasuries over bitcoin, analyst Geoff Kendrick said.
Bullish Gets a New $55 Price Target from KBW With U.S. Entry Seen as Key Catalyst
The bank assumed coverage of the crypto exchange with a market perform rating and a $55 price target.
Tether Unveils USAT Stablecoin for U.S. Market, Names Bo Hines to Lead New Division
The token was designed to meet the U.S. stablecoin issuance standard, with Anchorage Digital and Cantor Fitzgerald supporting issuance and reserve management.
Winklevoss-Backed Gemini Prices IPO at $28/Share, Values Crypto Exchange at More Than $3B
The digital asset firm backed by the billionaire Winklevoss twins sold 15.2 million shares, and raised $425 million.
Crypto Bull Market Still Has Room to Run, Coinbase Says
A mix of strong liquidity, a benign macro backdrop and supportive regulatory signals could keep the crypto market rally alive in the fourth quarter, the report said.
Strategy's S&P 500 Snub Is a Cautionary Signal for Corporate Bitcoin Treasuries: JPMorgan
The company's bid to join the S&P 500 index was rejected, despite meeting eligibility criteria, the report said.
Crypto Exchange Gemini Boosts IPO Price Range to $24-$26 Per Share
The new range would value the Winklevoss-led company at as high as roughly $3.1 billion versus about $2.2 billion at the previous price.
