Latest from Will Canny
Core Scientific Faces Valuation Disconnect; PT Hiked to $22: Jefferies
The bank reiterated its buy rating on CORZ and raised its price target for the bitcoin miner to $22 from $16 to reflect the CoreWeave acquisition.

Bitcoin Network Hashrate Rose 4% in First Two Weeks of August: JPMorgan
The combined hashrate of the 13 U.S.-listed miners the bank tracks now accounts for a record high 33.6% of the global network.

Bitcoin Mining Profitability Rose 2% in July Amid BTC Price Rally, Jefferies Says
A rising bitcoin price is seen as most favorable for Galaxy's digital assets business, while miners fight a rising network hashrate, the report said.

Gemini Hires Goldmans, Citi, Morgan Stanley and Cantor as Lead Bookrunners for Its IPO
The company said its net revenue for the first six months of 2025 was $67.9 million, against a net loss of $282.5 million.

Mysten Labs Taps Ex-Goldman Sachs Crypto Exec Mustafa Al Niama to Lead Capital Markets Push
As Mysten Labs' new capital markets head, Al Niama will focus on tokenization, real-world asset markets, and collateral mobility.

Ether-Led Rally Pushed Crypto Market Cap to $3.7T in July: JPMorgan
Ether outperformed last month as volumes, ETF flows hit records, the report said.

Billionaire Winklevoss Twins-Backed Gemini Launches Self-Custodial Smart Wallet
Gemini users can now access Web3 and DeFi ecosystems with social recovery, gas sponsorship, and integrated trading support.

Filecoin Gains 4%, Showing Strong Bullish Momentum
The advance occurred alongside a strong day for broader crypto markets.

Ether Price Target Lifted to $7.5K at Year-End and $25K in 2028 at Standard Chartered
Analyst Geoff Kendrick cited surging institutional demand, favorable regulation and network upgrades.

Bitcoin Miner MARA Steps Into HPC With Majority Stake in EDF Subsidiary: H.C. Wainwright
The broker has an outperform rating on MARA stock with a $28 price target.

