Latest from Will Canny
Benchmark Sees Hut 8 as Hybrid AI–Bitcoin Power Play, Price Target Doubled to $78
The Wall Street broker said Hut 8’s shift to energy infrastructure from bitcoin mining makes it a unique bet on AI, HPC and future power-hungry technologies.
Bitcoin Miner Core Scientific Upgraded to Buy on AI Data Center Boom: H.C. Wainwright
The investment bank upgraded the stock to buy from neutral and set a new price target of $25.
Citi Says Crypto’s Correlation With Stocks Tightens as Volatility Returns
The bank noted that bitcoin and ether are once again moving in step with U.S. equities and gold.
Wall Street Bank Citi, Coinbase Partner to Expand Digital Asset Payments
The bank is working with Coinbase to streamline digital asset payments for institutional clients.
TZERO Plans Public Listing as Tokenization Push Gains Steam
The move positions the company to scale its regulated platform across securities, real estate and digital assets as tokenization gains mainstream momentum.
Aptos Token Underperforms Wider Crypto Market as Traders Remain in a Wait-And-See Mode
The token has support in the $3.48-$3.485 zone and resistance at $3.60.
Filecoin Gives Back Most of Early Gains, Remains Barely Higher
The token has support at $1.625 and resistance in the $1.634-$1.685 zone.
Crypto Exchange Gemini Gets Price Target Cut at Citi, While Bullish Earns Hike
Gemini’s trading growth is slowing despite strong card sign-ups and app downloads, said Citigroup, while Bullish momentum is accelerating.
Coinbase Upgraded at JPMorgan, Seeing Potential $34B Opportunity in Base Token
Analysts from the banking giant upgraded Coinbase to overweight from neutral and raised its price target on the stock to $404 from $342.
Canaan’s Turnaround Gains Steam as Benchmark Doubles Price Target to $4
With Nasdaq compliance restored and momentum building in its Avalon mining rigs and self-mining operations, the broker sees renewed upside for Canaan’s shares.
