Latest from Will Canny
Zenrock Aims to Calm Users' DeFi Wobbles With Decentralized Custody Offering
Crypto custody upstart Qredo has got a new lease of life after being bought out of administration by Dan Tapiero’s 10T Holdings and 1RoundTable Partners. The company is soon to relaunch as Zenrock.
U.S.-Listed Bitcoin Miners Have the Upper Hand Over Unlisted Peers: Bernstein
The ability to raise debt or equity in the world's deepest capital markets is a large advantage, the report said.
Bitcoin Mining Profitability Fell to All Time Lows in August, JPMorgan Analyst Says
U.S.-listed miners' share of the network hashrate increased to 26% this month, the highest level on record, the report said.
Stablecoin Regulations Could Pose Problems for Tether, JPMorgan Says; USDT Issuer Claims Sour Grapes
Stablecoin issuer Tether has attracted regulatory scrutiny in the past due to its lack of transparency about the composition of its reserves, the JPMorgan report said.
Stablecoin Supply Growth Isn't Eating Into Crypto Market Share: JPMorgan
The share of stablecoins versus total cryptocurrency market capitalization is relatively unchanged this year, the report said.
Bitcoin Mining Was Less Profitable in July Than June, Jefferies Says
U.S.-listed mining companies produced a larger share of bitcoin in July than the previous month as they brought on new capacity faster than the network hashrate rose, the report said.
Hut 8 Upgraded to Buy, Risk Reward Is to the Upside: H.C. Wainwright
The company has the capital and the infrastructure to buy and deploy the latest generation of mining rigs at a favourable time, the report said.
Trump Election Win May Be Bullish for Cryptocurrency Markets, Bernstein Says
Market sentiment suggests that a Trump election victory would be bullish for crypto and a Harris win would be bearish, the report said.
JPMorgan Remains Cautious on Bitcoin as Positive Catalysts Mostly Priced-In
Retail investors seems to have played large role in recent crypto selloff that saw sharpest correction since FTX, the bank said.
Crypto Lender Ledn Handed Out $1.16B Worth of Loans in First Half of 2024
The platform witnessed a 29.8% jump in retail lending between the first and second quarters.
