Latest from Will Canny
JPMorgan says Strategy's bitcoin sales policy adds 'two-way risk' to crypto markets
The bank said Strategy's bitcoin sales policy adds avoidable market uncertainty and should be replaced with equity issuance to build cash reserves.
Cantor says bitcoin bear market may be entering final stretch
The bank said in a note bitcoin's cycle points to a market bottom in the coming months, urging investors to focus on networks with durable value accrual.
Morpho poised to scale as DeFi infrastructure play, Standard Chartered says
The bank initiated coverage of Morpho with a $60 end-2030 price target, saying its DeFi lending and onchain infrastructure businesses are positioned to benefit from tokenization growth.
Citi slashes 12-month bitcoin, ether targets as ETF flows dry up
The bank cut its 12-month bitcoin and ether price targets after scrapping its ETF inflow forecasts, citing stalled U.S. crypto legislation and weak investor demand.
Jefferies warns of crypto market volatility as Clarity Act faces Senate test
The bank said the bill faces major hurdles, with passage boosting institutional crypto adoption and delays prolonging regulatory uncertainty.
Bitcoin lending is entering a new institutional era, according to Silicon Valley Bank
The bank said bitcoin lending has emerged from the 2022 crypto credit collapse with stronger risk controls, growing institutional participation and a path toward lower borrowing costs.
Kalshi and Polymarket could become M&A targets as prediction markets consolidate: Bernstein
The broker said operational consolidation is blurring the lines between exchanges, brokerages and sportsbooks, creating conditions for acquisitions across the prediction market ecosystem.
JPMorgan sees limited institutional demand for perpetual futures
The bank said institutional demand for perpetual futures remains muted, with the products better suited to speculative trading than hedging.
FundBank becomes IRACE Digital in bid to bridge traditional finance and crypto
The institutional banking provider is expanding into digital asset custody, liquidity and execution services as former Zodia Custody Ireland CEO John Cronin takes the helm.
SBI's $289 million Bitbank deal is symptomatic of Japan's crypto consolidation: Architect Partners
The investment bank said the purchase of Japanese crypto exchange Bitbank is a bet on regulated scale as sweeping reforms reshape the country's digital asset market.
