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Latest from Will Canny
Stablecoins Are Becoming Systemically Important, Bernstein Says
Stablecoin supply is back to all-time highs with $170 billion in circulation, the report said.
Cash Is Still King, Consumers Would Prefer to Use Money Over CBDCs: Deutsche Bank
44% of respondents in the bank's survey said they would rather use cash then a central bank digital currency and 57% said they would prefer to use a debit or credit card than a CBDC.
Hemi Labs Raises $15M to Launch Modular Blockchain in Round Led by Binance Labs
The Hemi Network testnet is now live, with a mainnet launch planned for the fourth quarter.
Ethereum Is the Microsoft of Blockchains, ETH Underperformance May Reverse Into Year-End: Bitwise
The Ethereum blockchain has the most active developers, the highest number of active users and ether has a market cap that is five times larger than its nearest competitor, the report said.
Winklevoss Twins' Father Donates $4M Bitcoin to School Teaching Theory That Inspired Satoshi
His donation is the first bitcoin gift that the college has received, and will fund new business programs.
Bitcoin Mining Profitability Remains at All-Time Lows as Prices Fall, Hashrate Rises, JPMorgan Says
U.S.-listed bitcoin miners fell in the first half of the month as the world's largest cryptocurrency loitered below $60K and the network hashrate returned to pre-halving levels, the report said.
Bitcoin Could Hit $125K by Year-End if Trump Becomes President, $75K if Harris Triumphs: Standard Chartered
Bitcoin is expected to end the year at new all-time highs regardless of who wins the U.S. election, the report said.
U.S. Consumers Say Crypto Is Here to Stay, Stablecoins Maybe Not: Deutsche Bank
Sentiment is somewhat bearish about the near-term outlook for bitcoin, the bank's consumer survey showed.
Bitcoin Mining Was Significantly Less Profitable in August, Jefferies Says
September could be another difficult month for the miners as bitcoin remains under $60K and the network hashrate continues to rise, the report said.
Core Scientific Is Uniquely Placed to Deliver AI Data Center Scale in the Near Term: Bernstein
The bitcoin miner benefits from readily available sites and power, less competition and the ability to hire strong data center talent, the report said.
