Will Canny

Will Canny is an experienced market reporter with a demonstrated history of working in the financial services industry. He's now covering the crypto beat as a finance reporter at CoinDesk. He owns more than $1,000 of SOL.

Will Canny

Últimas de Will Canny


Mercados

Coinbase Cut to Underweight Ahead of Earnings by Barclays

The bank said it sees few positive drivers for the crypto exchange’s share price in the near term.

(Shutterstock)

Mercados

Bitcoin April 2024 Forecast Raised to $56.6K: Berenberg

The bank lifted its MicroStrategy price target to $510, representing 24% potential upside, the report said.

(Unsplash)

Finanças

MicroStrategy Only Needs to Liquidate Bitcoin in Extreme Price Corrections: Bernstein

A more robust bitcoin price means the company has a stronger balance sheet, a higher share price and easier debt repayment without the need to sell down its cryptocurrency holdings, the report said.

Michael Saylor (Anna Baydakova/CoinDesk)

Mercados

SEC Approval of Spot Bitcoin ETF Is Unlikely to Be a Game Changer for Crypto Markets: JPMorgan

Such ETFs have existed for some time in Canada and Europe, but have failed to attract large investor interest, the report said.

Photo of the SEC logo on a building wall

Finanças

Bitcoin Mining Is a Game of Survival, Consolidation and Potential AI Diversification: Bernstein

Mining stocks have been resurgent this year due to improving sentiment from institutional ETF filings and potential revenue diversification into high-performance computing and AI, the report said.

A Hut 8 mining facility (hut8.io)

Mercados

Bitcoin, Ether Supply on Exchanges Fell in June: Goldman Sachs

Still, bitcoin miners’ inventory sales climbed to a record as they took advantage of the cryptocurrency’s strong performance, the report said.

Crypto exchanges are facing regulatory headwinds. (Dimitris Vetsikas/Pixabay)

Política

Probability for U.S. Approval of a Spot Bitcoin ETF Is Fairly High: Bernstein

The lack of a spot ETF leads to the growth of over-the-counter products like the Grayscale Bitcoin Trust, which are more expensive, illiquid and inefficient, the report said.

U.S. Securities and Exchange building (Shutterstock)

Mercados

Investor Enthusiasm for Coinbase Shares May Prove Short-Lived: Berenberg

The crypto exchange is faced with several risks that could trigger a reversal of the stock’s recent gains, the report said.

Paul Grewal, Chief Legal Officer, Coinbase (CoinDesk)

Tecnologia

Tokenization Is Likely to Transform Infrastructure and Financial Markets: Bank of America

Implementation of blockchain technology will accelerate as the opportunity cost of uncaptured efficiencies increases, the report said.

Binary digits superimposed on a cityscape with three computer screens in the foreground.

Mercados

Bitcoin Bulls Getting Ready for Seasonal Surge: Matrixport

The largest cryptocurrency by market cap tends to rally in the month of July, the report said.

bull and charts (Shutterstock)