Latest from Will Canny
Bitcoin Miners With Attractive Power Contracts Are Potential M&A Targets, JPMorgan Says
U.S. listed bitcoin miners have access to large amounts of power, making them potential takeover targets for hyperscalers and AI firms, the report said.
Galaxy Digital Could Benefit From Improving Political Sentiment Towards Crypto in U.S.: Benchmark
The broker assumed coverage of the digital assets platform with a buy rating and a C$19 price target.
Ether Spot ETFs to See Much Lower Demand Than Bitcoin Versions, JPMorgan Says
Ether spot ETFs could attract as much as $3 billion of net inflows this year, the report said.
Riot Platforms Is Best Suited to Consolidate Bitcoin Mining Sector: Bernstein
The company has the financial capacity to consolidate the bitcoin mining space, the report said.
Bitcoin and Ether ETF Markets Expected to Grow to $450B: Bernstein
Crypto ETFs could see over $100 billion of inflows in the next two years, the report said.
Crypto Prime Broker FalconX Starts FX Desk With Hires From BCB Group
The offering will provide crypto trading firms, exchanges and brokers with access to 20 FX pairs.
Alan Howard-Backed Elwood Technologies in Talks to Sell Part of the Business: Sources
Elwood is focusing on its existing portfolio management and risk management services and less on the trading side, one source said.
Ether Spot ETF Approval Would Raise Expectations Solana Could Also Be Classified as a Commodity: Bernstein
Ether spot ETF approval would set a precedent as the first non-bitcoin digital asset to be considered a commodity, raising expectations that solana could follow the same path, the report said.
Coinbase Upgraded to Neutral From Underperform at Bank of America on Positive Crypto Market Dynamics
The current macro backdrop has been positive for crypto market cap growth and trading volumes, the report said.
Ether Could Surprise to the Upside in the Coming Months, Coinbase Says
The cryptocurrency does not have major supply-side overhangs such as token unlocks or miner sell pressure, the report said.
