Latest from Will Canny
BCB Group’s Chief Banking Officer Ian Moore to Leave This Month
His planned exit follows that of the deputy CEO Noah Sharp in June.

Bitcoin Price May Boom in October, Could Hit $37K by Year-End: Matrixport
The world’s largest cryptocurrency generally outperforms in the fourth quarter, returning on average more than 35% over the past nine years, the report said.

FTX’s Crypto Liquidation Sales Unlikely to Cause Market Shock: Coinbase
The token sales won’t flood the market because liquidations are bound by volume limits, the report said.

Violet’s Decentralized Exchange Mauve Goes Live for Trading Compliant and Real World Assets
The DEX was developed in a direct response to the fallout from the collapse of crypto exchange FTX.

Nomura-Backed Custodian Komainu Adds Hidden Road to Crypto Collateral Management Platform
Hidden Road is the first provider offering digital prime brokerage services to join the ecosystem.

Coinbase to Face ‘Reality Check’ as Retail FOMO Is Fading, Mizuho Says
In a break with historical norms, the exchange’s volumes continue to fall even as the bitcoin price has risen, suggesting disengagement by retail customers, the report said.

Cryptocurrency Altcoin Crash Is Coming: Matrixport
FTX is not the only major seller of crypto assets, venture capital funds are also under pressure to return money to their investors, the report said.

SOMA Finance to Issue the First Retail Compliant Digital Security
The SOMA token will be a non-cumulative, participating preferred stock of SOMA.finance and will pay a dividend of up to 10% of profits.

Steve Cohen’s Point72 Ventures Leads $15M Fundraising in Swiss Fintech GenTwo
The firm plans to use the funding to grow internationally and develop the company’s financial engineering platform.

Crypto ETF Opportunity Doesn't Stop at Bitcoin, Extends Into Multiple Digital Assets: Bernstein
The industry push for an ether spot ETF will follow immediately after a bitcoin ETF approval since ETH has a similar market structure of a traded CME futures market and a spot market, the report said.

