Latest from Will Canny
Bitcoin ETF Approval Is Likely to Benefit Institutional Investors: Goldman Sachs
ETFs offer better investor protection, increased liquidity and lower tracking error than closed-end funds and trusts, the report said.
JPMorgan Is Cautious About Crypto Markets Into 2024
Ether is expected to outperform bitcoin and other cryptocurrencies next year due to the Ethereum blockchain’s EIP-4844 upgrade, the report said.
There Are Tentative Signs of Revival in DeFi and NFT Markets, JPMorgan Says
Expectation of U.S. approval of a spot bitcoin ETF has led to an increase in DeFi and NFT activity in recent months, the report said.
Grayscale Bitcoin Trust Could See $2.7B of Outflows if ETF Conversion Is Approved: JPMorgan
The bitcoin price could come under pressure as some of the money is likely to completely exit the ecosystem, the report said.
Binance’s Settlement With U.S. Authorities Is Positive for Crypto as Well as the Exchange: JPMorgan
The settlement will significantly reduce the potential systemic risk emanating from a hypothetical collapse of the crypto exchange, the report said.
Binance Will Retain Its International Dominance After U.S. Settlement: Bernstein
The deal also removes the final hurdle before approval of a spot bitcoin ETF, the report said.
Artificial Intelligence Technology Brings Benefits, Risks to Banking: Bank of America
AI has the potential to improve productivity and enhance bank returns, the report said.
Bitcoin Fundamentals Have Never Looked Better: Bernstein
The world’s largest cryptocurrency is expected to benefit from a number of positive catalysts in 2024, the report said.
U.S. CBDC Is Unlikely in the Near Term: Bank of America
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
Bitcoin Spot ETFs Will Introduce Crypto to Broader Investor Base: Coinbase
Spot ETFs are likely to lay the foundation for a more regulated market, with greater inclusion and a significant growth in demand, the report said.
