Latest from Will Canny
Crypto Exchange Kraken Adds Bitcoin Staking Via Babylon as BTC Driven DeFi Picks Up
Kraken users will now be able to stake their bitcoin directly, locking it in a custodial vault on the native chain.

Standard Chartered Sees New Growth Frontiers in Non-Stablecoin Tokenization
The next phase of real-world asset tokenization will go beyond stablecoins, targeting private markets and illiquid assets, the report said.

Polkadot's DOT Drops as Much as 5% After Failed Breakout Triggers Selling Wave
A potential double bottom pattern has formed with improving momentum, suggesting the possibility of a recovery.

Compliant Stablecoins Will Become the 'Money Layer of the Internet:' Canaccord
Stablecoins could find uses beyond that of a crypto trading pair after the U.S. Senate passed the GENIUS Act, the report said.

Filecoin Plunges 6% On Heavy Volume, Breaks Technical Support at $2.52 Level
The token has found support at the $2.41-$2.42 range, forming a potential consolidation zone after the sharp decline.

a16z Bets Big on EigenLayer Again With $70M Token Buy to Back ‘EigenCloud’ Launch
Ethereum’s largest restaking protocol has launched EigenCloud, a new platform offering “verifiability-as-a-service” for developers.

Solana Treasury Strategy Better Than ETH, Firms Buying SOL Should Trade at Premium: Cantor
Cantor initiated coverage of SOL treasury companies DFDV, UPXI and HODL with an 'overweight' rating.

U.S.-Listed Bitcoin Miners' Share of Network Hashrate Hit Record High in June: JPMorgan
The combined hashrate of the 13 bitcoin miners the bank follows has risen 99% year-on-year versus a 55% y/y increase in the network hashrate, the report said.

Positive U.S. Regulatory Environment More Conducive for Crypto Corporate Activity: JPMorgan
The number of crypto IPOs year-to-date matches the pace of offerings seen in the bull market of 2021, the report said.

