Latest from Will Canny
Coinbase Is More Than Just a Crypto Exchange: JMP Securities
Momentum continues to build in the company’s ancillary businesses, the report said.
Bitcoin Remains Overbought Despite Recent Correction, JPMorgan Says
The pace of net inflows into spot bitcoin ETFs has slowed considerably, with a significant outflow recorded in the past week, the report said.
Bitcoin Year-End Price Target Raised to $90K at Bernstein
The broker expects a 7% reduction in hashrate post-halving from shutdowns versus 15% earlier, the report said.
Bitcoin Halving May Have a Positive Impact on Prices, But Other Factors Still at Play: Coinbase
The cryptocurrency does not operate in a vacuum, and its price is also affected by non-crypto influences, such as macro factors, the report said.
Ether Could Be a Meaningful Earnings Driver for Coinbase, JPMorgan Says
The bank raised its price target for the crypto exchange to $150 from $95.
Gold Investors Aren't Switching Into Bitcoin, JPMorgan Says
Outflows from gold exchange-traded funds and a surge in bitcoin ETF inflows fueled speculation investors were shifting from the precious metal into the cryptocurrency.
Mike Novogratz’s Galaxy Digital Should Be a ‘Core Holding’ for Digital Asset Investors, Stifel Canada Says
There are a number of key catalysts for the company, and these include ETF net inflows, the development of GalaxyOne and a potential Nasdaq listing, the report said.
Bitcoin Miner Bitdeer Is 'Differentiated' From Peers, Shares Are Cheap: Benchmark
The miner's stock appears undervalued given the wide gap between the company’s valuation and its growth prospects, the report said.
Polyhedra Network Closes $20M Round at $1B Valuation
This is the Web 3 infrastructure provider’s fifth round of financing in the last two years.
Robinhood Shares Jump in Premarket Trading After Blowout February Activity Levels
Crypto volumes grew 10% month-on-month to $6.5 billion, the company said.
