Latest from Will Canny
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.
Crypto Market Has Struggled Since Spot Ether ETFs Started Trading: Citi
Demand for digital assets has dried up in recent weeks and both bitcoin and ether ETFs have seen net outflows in the last month, the report said.
Bitcoin Mining Opportunity Is Worth About $74B, JPMorgan Says
The Wall Street bank lowered its price targets for some miners to account for second-quarter results and changes in the bitcoin price and the network hashrate.
DeFi Summer Is Making a Comeback, Steno Research Says
Total value locked across the crypto ecosystem is expected to reach an all-time high in the first half of next year, the report said.
Cipher's Bitcoin Mining Business Remains Compelling, Canaccord Says
The mining business is a standout in the sector in terms of exahash growth, operating performance and low power costs, the report said.
