Latest from Will Canny
Coinbase Bears Doubt Stock Can Rise Even After Exchange Beats Estimates
It’s hard to see a favorable valuation argument for the stock given the company’s revenue is tethered to an asset class that has yet to show a sustainable everyday utility value, Goldman Sachs said.

Largest Crypto Miners Will Benefit Most From Capacity Growth: Bernstein
Larger miners with a low cost of production and low debt are likely to be the big beneficiaries of increased capacity, the report said.

Inversión en IA podría alcanzar los US$200.000M a nivel mundial para 2025, según Goldman Sachs
La inteligencia artificial generativa tiene un enorme potencial económico y podría impulsar la productividad laboral global, según un informe de ese banco.

AI Investment Could Reach $200B Globally by 2025: Goldman Sachs
Generative AI has huge economic potential and could boost global labor productivity, the report said.

Ripple Ruling Rebuke Complicates Coinbase’s Defense Against the SEC: Berenberg
U.S. District Judge Rakoff rejected a previous judge’s distinction between institutional sales and sales to retail investors on crypto exchanges, the report noted.

Nomura’s Crypto Arm Gains Operating License Approval in Dubai
Laser Digital will start its trading and asset management business in the coming months.

Implications of Ripple-SEC Court Ruling for Wider Crypto Industry Are Unclear: Bank of America
Ripple’s XRP offerings are unique, and the wider applications of the court’s ruling are difficult to determine, the report said.

Crypto Exchange Bitget Opens Dubai Office, Plans Middle East Expansion
The crypto trading platform plans to hire up to 60 new members of staff in the region.

Coinbase Earn Is Particularly Vulnerable to Being Defined as a Security: Berenberg
The crypto exchange is still faced with significant regulatory challenges, the report said.

Próximo halving de Bitcoin podría ser una prueba de resistencia para los mineros, según JPMorgan
La próxima reducción a la mitad de la emisión de la principal criptomoneda supondrá una baja en los ingresos de los mineros y un aumento de los costes de producción al mismo tiempo, según el informe.

