Canaccord Genuity


Markets

Iren Is Positioned to Become One of the Biggest Listed Bitcoin Miners: Canaccord

The broker raised its price target for the shares to $15 from $12 and reiterated its buy rating.

Bitcoin miners (Shutterstock)

Markets

Crypto Spot ETFs Will Have More Influence on Market's Price Action: Canaccord

Ether spot ETFs, once launched, should help broaden institutional appetite for other digital assets, the report said.

Scrabble letters spelling ETF arranged a rack

Finance

MicroStrategy Now Holds $13.6B Worth of Bitcoin, 1% of Total Circulating Supply: Canaccord

The broker cut its price target on the firm to $1,590 from $1,810, while maintaining its buy rating.

MicroStrategy Executive Chairman Michael Saylor (Getty Images)

Videos

Are Bitcoin ETFs Driving BTC Demand? Bored Ape NFT Prices Down 90% From Peak

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including a research report from broker Canaccord Genuity that says ETFs are driving additional demand for the underlying cryptocurrencies. Plus, insights on TON Foundation's Open League reward program and the tank in Bored Ape NFT prices.

Recent Videos

Finance

Bitcoin ETFs Are Driving a Spot Multiplier Effect, Canaccord Says

Many investors find the underlying cryptocurrency more attractive than ETFs given the ability to hedge and to generate yield on HODLs, the report said.

Computer, money. (TheDigitalWay/Pixabay)

Videos

Over $1B in U.S. Treasury Notes Has Been Tokenized; FATF Calls for More Regions to Regulate Crypto

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as data tracked by 21.co shows $1.08 billion in Treasury notes has been tokenized through public blockchains. Plus, a new report from broker Canaccord Genuity gives bullish predictions on bitcoin, and the Financial Action Task Force calls for more jurisdictions to regulate crypto.

Recent Videos

Finance

MicroStrategy ‘Not Resting on Its Laurels’ as Bitcoin Hits All-Time High: Canaccord

The investment bank almost doubled its price target on the stock to $1,810 from $975, highest among Wall Street analysts.

MicroStrategy Executive Chairman Michael Saylor (Getty Images)

Finance

Galaxy Digital Is One of the ‘Most Diversified’ Ways to Play Crypto, Analyst Says

Investment bank Canaccord started research on the stock with a buy rating and C$17 per share price target, implying 30% upside.

Mike Novogratz, Founder and CEO, Galaxy Digital. (CoinDesk)

Markets

Wealth Manager Canaccord: Bitcoin ETF Approval More Likely in 2019

A long-awaited approval on a bitcoin exchange-traded fund (ETF) may not come until 2019.

calendar, pages

Markets

Wealth Manager Canaccord: ICOs Could Become Commonplace

Initial coin offerings (ICOs) could one day come to be seen as similar to inital public offerings (IPOs), according to a new report.

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