Latest from Will Canny
Bitcoin Is Fundamentally Different From Other Cryptocurrencies: Fidelity Digital Assets
The crypto’s first technological breakthrough was not as a superior payment method but as a superior form of money, the report said.
Bitcoin Is Better Than Digital Gold: Matrixport
SEC approval of a U.S.-listed spot bitcoin ETF could result in inflows of as much as $30 billion, a report by the crypto services provider said.
Ethereum Has Become More Centralized Since the Merge and Shanghai Upgrades: JPMorgan
The increase in staking has reduced the appeal of ether from a yield perspective, the report said.
Crypto Investment Firm Deus X Capital Launches With $1B in Assets
The family office backed investment and operating company begins with an initial $1 billion of assets.
Listed Bitcoin Miners Could Be the Ultimate Bet for 2024: Matrixport
Investors could see outsized gains by buying a diversified portfolio of publicly listed mining companies, the report said.
Crypto Funds Could Manage as Much as $650B Within 5 Years, Bernstein Says
The crypto industry is expected to transition into a formal, regulated asset management industry from a ‘cottage industry’ with $50 billion of assets, the report said.
Ethereum’s Shanghai Upgrade Has Been ‘Disappointing,’ JPMorgan Says
Daily transactions, daily active addresses and total value locked on Ethereum have all fallen since the upgrade, according to a report.
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.
