Latest from Will Canny
Banking Industry Likely to Capitalize on Stablecoin Deposit Demand, Says Morgan Stanley
The stablecoin market cap has grown to $137.7 billion from $20 billion a year ago.
Jefferies’ Wood Urges Banks to Embrace Blockchain, Add More Bitcoin Exposure
The Jefferies strategist is “fundamentally bullish” on crypto and added another 5% exposure to his current bitcoin allocation recommendation.
Ether to Extend Outperformance Versus Bitcoin Following Recent Breakout, FSInsight Says
Solana may see some consolidation in the near term following recent gains.
Why Cybersecurity Is an Important Consideration for Crypto Hedge Fund Launches
The looming threat of an exploit remains a hurdle as traditional asset managers spin up crypto funds.
Citi Starts Coverage of Coinbase With $415 Price Target, Says ‘Buy Crypto’s General Store’
The bank’s Coinbase target is 27% higher than Monday’s closing price.
Bank of America Adds 23 More Firms to Its Crypto Research List
BofA now identifies a total of 43 publicly traded companies that may benefit from exposure to digital assets.
Bitcoin Equilibrium Price Likely to Top $168,000 Following ETF Approval, FSInsight Says
Demand for ProShares’ bitcoin futures ETF is likely to exceed $50 billion in the first year.
Ether, Bitcoin to Strengthen in Coming Weeks, FSInsight Says
The firm’s first upside target for bitcoin is close to $61,000 and then the highs from earlier this year of around $64,860.
Friday’s Crypto-Market Breakout Caused Massive Short Covering, May Be Technically Significant: FSInsight
Technical breakouts made by some cryptocurrencies led to “massive short covering,” the firm said in a report.
Archax Launches Subsidiary Montis Digital, Appoints Martin Watkins as CEO
Watkins is an industry veteran, having formerly worked at EY, Atos Euronext and Euroclear.
