Latest from Will Canny
Crypto's Value Lies in Trillion-Dollar Markets, Bitwise Says
The value of crypto comes from the massive markets it aims to disrupt, not small, niche plays, the report said.

CoinRoutes Acquires QIS Risk For $5M to Bolster Institutional Crypto Trading Tools
The deal brings together CoinRoutes’ execution technology with QIS Risk’s portfolio and risk management tools.

Citizens Starts Circle Coverage With Market Perform Rating on Stablecoin Growth, Valuation
Circle is positioned to benefit from surging stablecoin adoption and supportive regulation, but the company’s valuation already reflects much of the upside.

Stablecoin Market Surges on U.S. Regulation, With Circle's USDC Gaining Ground: JPMorgan
The bank's analysts said the GENIUS Act has fueled a 42% jump in stablecoin growth this year, with Circle’s USDC chipping away at Tether’s dominance.

Bakkt Shares Still Look Cheap After 170% Rally: Benchmark
The firm has opportunities in three areas: crypto infrastructure, stablecoin payments and its bitcoin treasury strategy.

Investment Platform IG Wins FCA Approval for Crypto License, Expands UK Offering
The license win will allow IG to expand its crypto services and cement its position as a multi-asset trading platform.

Algorand Foundation Names Former Ripple Engineer Nikolaos Bougalis CTO
The hire marks a push to scale Algorand’s tech stack and deepen the company's U.S. presence.

Cipher Is the Latest Bitcoin Miner to Pivot to AI; Price Target Raised to $16: Canaccord
The broker maintained its buy rating on the stock and raised its price objective to $16 from $12.

Chainlink Poised to Power TradFi Shift to Blockchain, Jefferies Says
The network secures $103 billion across more than 2,500 projects with partners such as Swift, DTCC and JPMorgan.

Riot Platforms Gets Double Upgrade on AI Pivot as JPMorgan, Citi Hike Targets
Alongside, JPMorgan downgraded IREN and CleanSpark

