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Latest from Will Canny
Bitcoin Network Hashrate Rose Slightly in First Two Weeks of May: JPMorgan
Mining gross margins expanded sequentially this month, which is encouraging, the bank said.

Consensus Toronto 2025 Coverage
Pantera's Dan Morehead Sees Decades of Bitcoin Upside Ahead
The CEO and founder of the crypto VC firm advised investing in a wide spectrum of tokens and venture equity.

Morgan Stanley Crypto Chief Exits to Launch DeFi Fund in Switzerland: Bloomberg
Andrew Peel plans to start fundraising for the new venture soon, according to the story.

Coinbase Shares Could See $16B of Buying Pressure From S&P 500 Index Inclusion: Bernstein
The exchange is the first and only crypto company to join the S&P 500 index.

From Early Michael Saylor Bet to Billions in Deals: How Jefferies Became a Crypto Powerhouse
The firm has advised on 120 transactions with over $150 billion of deal value across fintech, market structure, and exchanges since 2015.

Stablecoins to Go Mainstream in 2025 After U.S. Regulatory Progress: Deutsche Bank
Stablecoins are increasingly becoming strategic assets, and support dollar dominance, the report said.

David Bailey's Nakamoto Holdings Going Public Via Merger With KindlyMD; Shares Soar 650%
The company has raised $710 million to pursue its bitcoin treasury strategy.

Bitcoin Miner MARA Stock Surges Despite Earnings Miss as Analysts Applaud Cost Cutting
Both Jefferies and H.C. Wainwright analysts said MARA's focus on lowering power cost, that differentiates the miner from its peers.

Bitcoin $120K Target for 2Q May Be Too Conservative: Standard Chartered
Spot bitcoin ETF net inflows totaled over $4 billion in the last three weeks, when adjusted for hedge fund basis trades, the bank said.

Ripple M&A Target Hidden Road to Open New Office in Abu Dhabi With a Potential Royal Family Addition
The firm has received in-principle approval from the Financial Services Regulatory Authority (FSRA) of ADGM.
