Analysis
Decoupling of Lido’s Staked ETH Differs From Stablecoin Collapse, CoinShares Says
Staked ether (stETH) will trade at a discount until withdrawals are enabled, the report said.

Morgan Stanley Says Ether Underperformance Echoes Crypto Downturn of 2018
Expectations of higher Fed interest rates are weighing on crypto prices, the bank's analysts said.

Morgan Stanley Sees Crypto Equivalent of Quantitative Tightening
The bank pointed to weakness in crypto markets, the failure of a dollar stablecoin and a reduction in leverage in decentralized finance.

Morgan Stanley Says Record Crypto Venture Capital Investment to Slow
Deal activity peaked in December and could fall as much as 50% by year-end, the bank said.

Guggenheim's Minerd Says Bitcoin Will Drop to $8K. We Checked His Record
A quick recap of some of the noted analyst's key prognostications shows just how mixed his track record has proven.

Goldman Sachs Says DeFi’s Interconnections Can Increase Systemic Risk
Contagion risk related to UST’s depegging hit staked ether (stETH) because of Lido’s exposure to the Terra ecosystem, the bank said.

Goldman Sees Little US Economic Impact From Lower Cryptocurrency Prices
The stock market decline has had a much larger effect on U.S. household net worth, the bank said.

BofA Says Crypto Winter, Contagion Risk Concerns Are Overdone
The collapse of the Terra network was due to prioritization of mass adoption over price stability, the bank said.

S&P Global Ratings Forms DeFi Group to Build Out Crypto Framework
The credit rating giant named Chuck Mounts as chief DeFi officer to lead the unit.

Morgan Stanley Says Over 100 Crypto Assets Were Created in Past Week, Mainly on DeFi Exchanges
Despite a fall in crypto prices, the creation of digital assets is still high, the bank’s analysts said.
