Latest from Will Canny
Here's what Wall Street analysts are saying after IREN's earnings miss
The weaker results were tempered by continued progress in the bitcoin miner’s shift toward AI infrastructure.

Citi cuts Coinbase price target to $400 after stock's 65% plunge from record high
The bank trimmed its Coinbase revenue and earnings forecasts amid a brutal risk-off environment for crypto and delays around U.S. market structure legislation.

JPMorgan says bitcoin's lower volatility relative to gold might make it 'more attractive' in long term
ETF redemptions and futures liquidations are pressuring crypto markets, the bank said, even as rising gold volatility quietly strengthens bitcoin’s longer-term investment case.

Gemini to exit U.K., EU and Australia, reduce staff by 25%, and focus on U.S. and prediction markets
The crypto exchange has instructed affected customers to sign up with eToro by the end of March for withdrawals, while deposits and new accounts have been suspended.

Deutsche Bank says bitcoin’s selloff signals a loss of conviction, not a broken market
The German lender pointed to institutional outflows, fading liquidity and stalled regulation as the real drivers behind bitcoin’s slump.

This bullish analyst on Michael Saylor's Strategy just threw in the towel on lofty price target
Canaccord's Joseph Vafi slashed his price target on the plunging bitcoin treasury company's stock by more than 60%.

January rally bolsters near-term outlook for bitcoin mining stocks, JPMorgan says
Shares of mining companies rose last month despite softer bitcoin prices as storms cut the network hashrate and AI optimism grew, the bank said.

Bitcoin nears pre-election floor as ETF flows stall, Citi says
The cryptocurrency is trading below key ETF cost levels and nearing its pre-election price floor as inflows to these vehicles fade and headwinds build, the bank said.

Bitwise argues crypto is near the end of a brutal winter
Prices have been falling since early 2025, masked by institutional flows, but history suggests the worst may already be behind us, Bitwise said.

Citi says CLARITY Act momentum builds, but DeFi fight could stall crypto bill
Washington is edging closer to a landmark crypto framework, though disputes over DeFi and stablecoin rewards risk pushing final passage beyond 2026.

