Latest from Will Canny
U.S. Bank Resumes Bitcoin Custody Services, Adds Support for ETFs
NYDIG will serve as the bank’s sub-custodian for digital assets.
Silent Data Becomes First Privacy-Focused Layer 2 to Join Ethereum’s Superchain
The project is one of over 30 layer-2 networks working to scale Ethereum.
Bitcoin Network Hashrate Returned to All-Time Highs in August: JPMorgan
The combined market cap of the 13 U.S.-listed bitcoin miners the bank tracks reached a record high last month.
Strategy’s Equity Shift Is No Retreat From Bitcoin Strategy, Benchmark Says
Analyst Mark Palmer reiterated his buy rating and $705 price target on the Michael Saylor-led company, which is more than a double from current levels.
Bitcoin Miner IREN's AI Push Gains Momentum, Price Target Hiked 60% to $37: Canaccord
The broker noted IREN's recent designation as an NVIDIA preferred partner, which came almost simultaneously with the announcement of the purchase of an additional 2,400 GPUs.
Polkadot's DOT Returns to $3.90 Support After Earlier Gain
Support has formed in the $3.90-$3.91 zone, with resistance at $4.02.
Bitcoin Undervalued Versus Gold as Volatility Collapses, JPMorgan Says
Bitcoin volatility has plummeted from around 60% at the beginning of the year to a current record low of 30%, the report said.
Hut 8 Maps 'Path to Monetization' of Energy Assets as Bitcoin Mining Carve-Out Nears: Benchmark
Benchmark analyst Mark Palmer hiked his Hut 8 price target to $36 from $33, while reiterating his buy rating on the stock.
Crypto Exchange Gemini Introduces Ether and Solana Staking for All U.K. Customers
This follows Gemini’s opening of its first permanent office in London, highlighting the company’s effort to expand its presence in the region.
Filecoin Rebounds 6% From Lows in Bullish Reversal
FIL trading volume was 75% above 30-day averages, signaling heightened institutional interest.
