Analysis


Tech

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.

Lido's stETH adds liquidity to ether that has been staked. (Aditya Siva/Unsplash)

Markets

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.

Jenga image via Shutterstock

Markets

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.

Eviart/Shutterstock

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.

Las inversiones de venture capital se ralentizarán este año. (Andrew Khoroshavin/Pixabay)

Markets

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.

INGLEWOOD, CALIFORNIA: In this image released on May 2, Scott Minerd attends the Global Citizen VAX LIVE: The Concert To Reunite The World at SoFi Stadium in Inglewood, California. Global Citizen VAX LIVE: The Concert To Reunite The World will be broadcast on May 8, 2021. (Photo by Emma McIntyre/Getty Images for Global Citizen VAX LIVE)

Markets

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.

Yuri Turkov/Shutterstock

Markets

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.

U.S. households have suffered little from recent crypto market declines. (Jonathan Meyer/Pexels)

Markets

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.

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Finance

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.

Wintermute, a prominent crypto market maker, plans to roll out a decentralized exchange. (Getty Images/iStockphoto).

Markets

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.

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