Will Canny
@willcanny99
Crypto reporter at CoinDesk, views are my own.
ID:707528993
10-10-2013 07:18:27
359 Tweets
882 Followers
316 Following
.Canaccord Genuity says $BTC ETFs are driving additional demand for the underlying bitcoin spot itself, and sovereign wealth funds are already likely invested in the cryptocurrency. Will Canny reports.
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Following interviews with the CEOs of $RIOT, $CLSK, $MARA, $CIFR and $HUT, Sanford Bernstein Research says $BTC miners are in a relatively comfortable financial position and better positioned to withstand the bitcoin #halving . Will Canny reports. Gautam Chhugani
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.J.P. Morgan says $ETH spot ETFs are still unlikely to be approved in May, more so given reports that the U.S. Securities and Exchange Commission is investigating firms associated with Ethereum Foundation. Will Canny reports
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A Deutsche Bank retail survey conducted in March showed that retail investors have become more positive about cryptocurrencies in the first quarter, but more than half still expect another major crypto to collapse by 2026. Will Canny reports.
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Venture firm Thesis* has launched a Bitcoin layer-2 network, Mezo, from stealth and the blockchain has closed a $21 million fundraising led by Pantera Capital. Will Canny reports
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.Sanford Bernstein Research says the stablecoin market is growing again and Solana is leading the field in blockchain payments. Will Canny reports. Gautam Chhugani
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Broker Benchmark said $MSTR is well positioned to benefit from the upcoming $BTC halving in a report raising the software company's price target to $1,875. Will Canny reports.
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.Coinbase 🛡️ says $BTC’s increased acceptance as a form of digital gold means it could draw demand from a new category of investors in the current macroeconomic regime. Will Canny reports
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.Canaccord Genuity says $BTC miner $HUT is a much more diversified company with multiple revenue streams following its merger with USBTC. Will Canny reports.
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.J.P. Morgan says Lido’s share of staked ether has continued to fall and this should reduce concerns about concentration in the network, thus raising the chance that ETH will avoid being designated as a security in the future. Will Canny reports
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.Franklin Templeton Digital Assets says Bitcoin innovation and development has seen a renaissance in activity in the last year with Ordinal collections starting to dominate the NFT market.
Will Canny reports.
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.Oppenheimer & Co. Inc. says $COIN is well positioned to benefit from the long-term adoption of blockchain technology, in a report raising its price target for the stock to $276.
Will Canny reports.
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.Keefe Bruyette Woods initiated coverage of $HOOD with a market perform rating and a $20 price target. The broker questioned how long the recent acceleration in retail trading will last. Will Canny reports.
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.Keefe Bruyette Woods says $COIN offers investors unique exposure to the long-term growth of the crypto economy, while raising its price target for Coinbase 🛡️ to $230. Will Canny reports.
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Coinbase 🛡️ says restaking has become the second largest DeFi sector on the Ethereum Foundation blockchain and promises to be a core part of the ecosystem’s infrastructure, but it could bring hidden risks. Will Canny reports
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.Galaxy says U.S. investors now have access to regulated #bitcoinETFs that give the same protections as buying equities and further reduce the incentive to move to unregulated offshore exchanges. Will Canny reports.
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.Coinbase 🛡️ says the crypto market setup looks positive for the second quarter. Will Canny reports
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Short seller Kerrisdale Capital (TradFi) says it's short $MSTR stock and long $BTC. None of the reasons cited for the stock’s attractiveness justify paying well over double for the same coin, the report said. Will Canny reports.
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