Latest from Will Canny
Bitcoin Could Hit $90K by Year End if Trump Becomes President Again: Bernstein
If Kamala Harris wins, the world's largest cryptocurrency could drop to as low as $30K, the report said.
Crypto Market to Stay Highly Correlated to Stocks Amid Macro Events and Dwindling Network Activities, Citi Says
The network activity has also been falling on Ethereum and stalling on the Bitcoin blockchain, the report said.
Crypto Market Lacks Major Near-Term Catalysts, JPMorgan Says
Total crypto market cap was $2.02 trillion at the end of August, a 24% decline from this year's peak of $2.67 trillion in March, the report said.
Crypto Payments Firm BCB Group Has Received Takeover Interest: Sources
The company received a takeover approach from an investor while exploring a Series B funding round.
Blockstream Mining Raises Fresh Round of Note That Offers Exposure to Bitcoin Hashrate
The EU-compliant security token gives investors exposure to the hashrate over a four-year period.
Bitcoin Mining Profitability Is Stuck at Record Lows, JPMorgan Says
Miners earned an average of $43,600 per exahash a second in daily block rewards last month, the lowest rate on record, the report said.
Crypto Market Has Evolved in the Past Year, Canaccord Says
The digital assets industry has bounced back from the collapse of crypto exchange FTX and returned to growth in the past 12 months, the report said.
Ether Spot ETF Flows Have Underwhelmed Versus Bitcoin: JPMorgan
Spot ether exchange-traded funds have seen net outflows of $500M since their launch, the report said.
Bitcoin Miners Are in M&A Mode: Architect Partners
Miners want to secure large data center capacity with access to low cost power and capital, the report said.
Telegram CEO's Arrest Is Unlikely to Be the Last: Galaxy
Telegram and Pavel Durov were probably resisting takedown or information requests from Europe or France, the report said.
