Latest from Will Canny
Robinhood to Benefit From ‘Monster’ Crypto Cycle, Initiated Outperform by Bernstein
Total crypto market cap is expected to almost triple to $7.5 trillion by 2025, the report said.

Spot Bitcoin ETFs Could See $220B of Inflows in Next 3 Years: JMP Securities
Crypto exchange Coinbase (COIN) looks well-positioned to benefit from these growing inflows, the report said.

ClearToken Raises $10M From Institutional Investors Including Nomura’s Laser Digital
The crypto clearing house plans to start preliminary settlement services in the U.K. this year, subject to regulatory approval.

Coinbase Gets Another Upgrade, This Time at Raymond James, as Bears Capitulate
The brokerage firm lifted its rating on the crypto exchange’s shares to market perform from underperform.

MicroStrategy ‘Not Resting on Its Laurels’ as Bitcoin Hits All-Time High: Canaccord
The investment bank almost doubled its price target on the stock to $1,810 from $975, highest among Wall Street analysts.

Bernstein Is 'Now More Convinced' That Bitcoin Will Hit $150K After Massive Rally
Spot bitcoin ETF inflows have surpassed expectations, the broker said in the report.

Crypto Market Could Face Some Short-Term Headwinds, Coinbase Says
Positive drivers such as spot ETF inflows are likely to meet some important macro and technical headwinds in the coming weeks, the report said.

UK’s FCA Opens the Door for Institutional Investors to Build Crypto-Backed ETN Market
Products would be available to professional investors while retail consumers remain banned, the regulator said.

Coinbase Upgraded to Neutral as Goldman Sachs Ends Bearish Stance
The bank lifted its rating on the stock after bitcoin hit record highs and the crypto exchange’s trading volume reached levels not seen since 2021.

Bitcoin Is Unlikely to Match Gold’s Allocation in Investors’ Portfolios in Nominal Terms: JPMorgan
The bitcoin spot ETF market could grow to around $62 billion in the next two to three years, the report said.

