Latest from Will Canny
Bitcoin Likely to Drop After the Halving, JPMorgan Says
The bank’s analysis of open interest in bitcoin futures shows that the cryptocurrency is still considered overbought.
DeFi Firm Usual Labs Raises $7M Round Led by Kraken Ventures and IOSG Ventures
The firm has received a commitment of $75 million in total value locked for the launch of its stablecoin USD0.
Bitcoin’s Outperformance Means Some of Expected Post-Halving Rally May Have Come Early: JPMorgan
Recent weakness in bitcoin mining stocks ahead of the reward halving offers an attractive entry point for investors, the report said.
Buy Bitcoin Miners' Stocks Ahead of the Halving, Bernstein Says
Bitcoin’s bullish trajectory is expected to resume after the halving once mining hashrates have adjusted to the lower rewards and ETF inflows resume, the report said.
Bitcoin ETFs Are Driving a Spot Multiplier Effect, Canaccord Says
Many investors find the underlying cryptocurrency more attractive than ETFs given the ability to hedge and to generate yield on HODLs, the report said.
Bitcoin Miner CEOs Are Upbeat Ahead of the Halving, Expect M&A: Bernstein
Miners' shares have lagged as bitcoin outperformance has sucked retail liquidity from mining stocks, the report said.
Ether Spot ETFs Still Have No More Than 50% Chance of Approval in May: JPMorgan
There will probably be litigation against the SEC after May if ether ETFs aren’t approved, the report said.
Bitcoin’s Bullish Quarter Eases Consumer Skepticism: Deutsche Bank
While 40% of respondents to the German bank’s survey said bitcoin will thrive in the coming years, 38% said they expect the cryptocurrency to disappear.
Bitcoin Layer 2 Mezo Emerges From Stealth With $21M Raise Led by Pantera
Mezo is a permissionless Bitcoin economic layer that uses a neutral smart contract infrastructure to offer a wide range of applications.
Stablecoins Are Seeing Adoption as a Cross-Border Settlement Mechanism: Bernstein
Solana is leading the field in blockchain payments, but the network has scalability issues, the report said.
