Analysis
Citi Says Solana Blockchain Activity Remains High
Active addresses and daily NFT trading volume have returned to levels last seen before the collapse of crypto exchange FTX, a report from the bank said.

Bernstein Says Crypto Exchange Binance Not Likely to Fail
The app demonstrated its robustness when about $6 billion of customer funds were withdrawn on Dec. 13, a Bernstein report said.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.

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.

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.

Bank of America Says Regulation Is Key for Mainstream Adoption of Crypto
Despite the correction in cryptocurrency markets, the development of blockchain technology has accelerated, a report from the bank said.

Bernstein: Crypto User Activity Is Moving On-Chain Following FTX's Collapse
The Arbitrum and Optimism blockchains are seeing the strongest momentum in terms of user trends, a report from the firm said.

Crypto Winter Hurt Confidence, but Building Digital-Asset Infrastructure Remains Key, Morgan Stanley Says
Some investors see cryptocurrencies taking 10 to 15 years to become fully mainstream, the report said.
