Latest from Will Canny
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.
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.
