Latest from Will Canny
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.

Crypto Institutional Adoption Appears to Be in the Early Phases: JPMorgan
Institutions hold about 25% of bitcoin ETPs, and according to one survey, 85% of firms already allocate to digital assets or plan to in 2025.

Bakkt Rated Buy With 44% Upside on Stablecoin Growth Potential: Clear Street
The company has sold non-core units to streamline into a blockchain-native payments platform, said Clear Street.

Filecoin's FIL Pares Gains to Trade Little Changed After Testing $2.50 Resistance Level
The price has dipped back to $2.43, with support just underneath.

easyGroup Launches Bitcoin App for U.S. Retail Investors
The mobile platform is designed to simplify buying bitcoin and gives rewards to everyday users.

