Latest from Will Canny
Bernstein: Returns From Buying Crypto During Downturns Have Been Spectacular
The industry has a strong track record of fighting back, a report from the brokerage firm said.
Citi Says Crypto Market Leverage, Open Interest Are Historically Low
The bank expects a broader focus on decentralization in 2023 following this year’s failings in centralized crypto ventures.
Citi Downgrades Robinhood, Says FTX Fallout Will Weigh on Crypto Trading Revenue
The bank downgraded the trading platform to neutral from buy, with a lowered price target of $10.
Goldman Sachs Sees Gold Outperforming Bitcoin in the Longer Term
Bitcoin adoption will need to be driven by the development of real uses rather than speculative interest, the report said.
Los reguladores deben proteger a los inversores cripto en el “punto de confianza”, según Goldman Sachs
Las recientes crisis en el mercado cripto repiten una historia tan antigua como el tiempo, pero ahora con un nuevo activo que está atrayendo a inversores con poca experiencia que buscan generar millones rápido, explicó el informe.
Goldman: Regulators Should Protect Crypto Investors at the Point of Trust, Not the Blockchain
Recent crises in the crypto market repeat a story as old as time, with a new asset attracting unsophisticated investors looking to make millions, the report said.
Según Bernstein, salvar a Grayscale tendrá un costo para Digital Currency Group
El acuerdo viable podría implicar un gran socio minoritario o una estructura del estilo de la compra dirigida por socios más estratégicos, dijo Bernstein.
Mizuho Cuts Crypto Exchange Coinbase to Underperform, Trims Price Target
The bank’s analysis shows that 2023 revenue estimates for the crypto exchange are overly optimistic.
Bernstein Says Saving Grayscale Will Come at a Cost for Digital Currency Group
A feasible deal could involve a large minority partner or a buyout-like structure led by more strategic partners, Bernstein said.
Hedge Fund Presidio Trading to Spin Out Crypto Market Tail Risk Strategy
The tail risk investment strategy returned 560% in June as crypto markets slumped.
