Analysis


Markets

Chainlink's Total Value Secured Expansion Isn’t Matched by LINK Token’s Growth

The disconnect may reflect a number of issues, including market saturation, according to a Coinbase report.

SWITCHING CHAINS: Kin may soon be powered by the Solana blockchain. (Credit: Shutterstock)

Markets

Bank of America Sees No Crypto Winter Given User Adoption, Developer Activity Growth

Still, crypto market upside will likely be limited for the next six months by Fed tightening and macro headwinds.

(Shutterstock)

Markets

Man Group Analysts Say Crypto Is Just a Rate-Sensitive Risk Asset

Bitcoin has become more correlated with the Nasdaq index and the ARK Innovation exchange-traded fund.

Bitcoin has become a risk asset, according to Man Group analysts. (Shutterstock)

Finance

BofA Says Bitcoin Trades More as Risk Asset, Less as Inflation Hedge

The cryptocurrency’s volatility remains elevated relative to stock indices.

Bitcoin is seen more as a risk asset than an inflation hedge. (Sean Benesh/Unsplash)

Markets

Morgan Stanley Says Bitcoin’s 50% Correction Is Nothing New

The slide is within historical norms, the bank’s analysts said.

(Shutterstock)

Markets

Goldman: Bitcoin, Altcoins to Become More Correlated With Traditional Financial Market Variables

The bank’s analysts said digital assets won’t be immune to macroeconomic forces such as monetary tightening.

sword, ancient

Finance

Coinbase Shares Are Very Unattractive Heading Into First Half, Mizuho Securities Says

The bank sees “significant downside to consensus revenue expectations.”

NEW YORK, NY - APRIL 14: Monitors display Coinbase signage during the company's initial public offering (IPO) at the Nasdaq market site April 14, 2021 in New York City. Coinbase Global Inc. is the largest U.S. cryptocurrency exchange, debuting today through a rare direct listing.  (Photo by Robert Nickelsberg/Getty Images)

Policy

Bank of America Says US CBDC Would Preserve Dollar’s Status as World’s Reserve Currency

CBDC’s are an inevitable evolution of today’s electronic currencies, the bank’s analysts said.

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Finance

Jefferies Sees the NFT Market Reaching More Than $80B in Value by 2025

The bank raised its market-cap forecast to over $35 billion for 2022 and expects double-digit percentage growth for the next five years.

(Melody Wang/CoinDesk)

Finance

JPMorgan Says Ethereum Is Losing NFT Market Share to Solana

The bank cites Ethereum's high transaction fees and congestion.

Solana's Breakpoint came at the market's previous zenith (Zack Seward/CoinDesk)