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

Последние от Will Canny


Рынки

Bitcoin's Future Could be Tied to the Outcome of the U.S. Election: Jefferies

Trump’s policy shift towards crypto is very recent, but it may impact the price of bitcoin in the near term depending on who wins the U.S. election in November, the report said.

Bitcoin price could be tied to the outcome of the U.S. election, Jefferies said. (Danny Nelson/CoinDesk)

Рынки

Bitcoin Miners Have Considerable Upside From Their Power Portfolios: Bernstein

Investors can benefit by valuing the companies as efficient power shells with data center capabilities, as opposed to just bitcoin mining operations, the report said.

Bitcoin mining rigs at Kryptovault's facility in Hønefoss, Norway. (Image credit: Eliza Gkritsi/CoinDesk)

Рынки

Riot Platforms’ Acquisition of Block Mining Makes Sense, JPMorgan Says

Riot will have the second-largest capacity among U.S. listed bitcoin miners following the purchase, and the deal serves as the latest evaluation of underdeveloped power assets, the report said.

Riot Platforms’ acquisition of Block Mining makes sense, JPMorgan says. (Sandali Handagama)

Рынки

Iren Is Positioned to Become One of the Biggest Listed Bitcoin Miners: Canaccord

The broker raised its price target for the shares to $15 from $12 and reiterated its buy rating.

Bitcoin miners (Shutterstock)

Рынки

Coinbase Upgraded to Buy From Neutral on Improving Regulatory Risk: Citi

The Wall Street bank increased its price target on the crypto exchange’s shares to $345 from $260.

Coinbase upgraded to buy from neutral on improving regulatory risk: Citi. (Coinbase)

Рынки

Ethereum Experienced Its Highest Inflationary Period in the Last Quarter: Fidelity

Layer-2 adoption has been impressive since the Dencun upgrade in March, with transactions on these blockchains increasing around 20%, the report said.

Ethereum (Unsplash)

Рынки

Bitcoin Miner Bitdeer Technologies Could be a Potential Takeover Target: Benchmark

The broker raised its price target for the shares to $16 from $13 while reiterating its buy rating on the stock.

Alta Novella's turbine room with 40 ASIC bitcoin miners.

Рынки

Any Near-Term Rebound in Crypto Market Likely to Be Temporary: JPMorgan

The bitcoin price is currently too high versus its production cost and relative to its volatility-adjusted comparison to gold, the report said.

(Shutterstock)

Финансы

Crypto Custody Firm Copper Receives Key License in Hong Kong as it Expands in Asia Pacific

The license permits the holder to provide trust and corporate services in the region.

Crypto custody firm Copper receives TCSP license in Hong Kong as part of Asia Pacific expansion. (Danny Nelson/CoinDesk)

Рынки

Core Scientific Upgraded to Buy From Neutral to Reflect HPC Expansion: B Riley

The bitcoin miner will be a leader in hosting high-performance computing due to its lucrative deals with CoreWeave and management’s deep experience in operating enterprise data centers, the report said.

A Bitmain Antminer s9 board in a bitcoin mine in Norway. (Eliza Gkritsi/CoinDesk)