Latest from Will Canny
Crypto Exchange Gemini's Stock Trades Below IPO Price Despite Day’s Gains
The stock was trading at $25.15 versus an IPO price of $28.
Bullish Shares Jump as Citi, Canaccord Praise IPO Debut and BitLicense Win
Wall Street analysts see upside in Bullish’s early execution, citing accelerating SS&O growth, regulatory progress and options trading on the horizon.
Crypto Exchange Kraken Sees Handful of Senior Execs Depart: Source
Four senior executives who work on the institutional side of business have recently left Kraken.
Crypto Platform Bullish Wins New York BitLicense, Clearing Path for U.S. Expansion
The digital asset platform is now regulated in the U.S., Germany, Hong Kong and Gibraltar.
Venture Studio Thesis* Appoints Victoria Chan as COO to Spearhead BitcoinFi Expansion
Before joining Thesis*, Chan served as the director of developer global services for Coinbase.
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.
