Latest from Will Canny
EToro Third-Quarter Results Top Estimates on Crypto Trading Strength, KBW Says
The trading platform’s adjusted Ebitda beat expectations as higher crypto trading and net interest income offset weaker equities and commodities results.
Microsoft Deal Supercharges IREN’s AI Ambitions, Canaccord Says
The broker reiterated its buy rating on the stock while raising its price target to $70 from $42.
Filecoin Rises 2%, Support at $2.63 Level Broken
The token has support at $2.60 and resistance at the $2.93 level.
Ex-Alameda Co-Founder's Crypto Trading Firm Lantern Ventures Said to Be Winding Down Funds
A number of the firm's staff are likely to lose their jobs, according to a person familiar with the matter.
Filecoin Soars 70% After Breaking Through $2 as DePIN Sector Rallies
Technical breakout occurred on exceptional volume as decentralized storage tokens demonstrated sector leadership over mixed crypto markets.
Robinhood’s Crypto Revenue Miss Tempers Solid Quarter: JPMorgan
The Wall Street bank lifted its HOOD price target to $130 and reiterated its neutral rating on the stock.
Bitcoin Weakness Sends a Warning to Stocks, but Liquidity May Soon Turn, Citi Says
The Wall Street bank said fading crypto momentum could be flagging trouble for equities, though improving liquidity may revive the year-end rally.
Jefferies Sees Solid Quarter but Limited Upside for Bitcoin Miner MARA
The bank kept its hold rating on the stock and trimmed its price target to $16 from $19.
Citi Says Crypto’s Weakness Stems From Slowing ETF Flows and Fading Risk Appetite
The Wall Street bank blamed recent market underperformance on October liquidations, cooling demand from spot ETFs, and weakening technicals.
Hut 8’s Tuesday Tumble Misguided and a Buying Opportunity: Benchmark
Investors overreacted to the absence of a hyperscaler deal announcement, overlooking Hut 8’s long-term potential in AI, energy, and bitcoin infrastructure.
