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Últimas de Will Canny
Citi Says Solana Blockchain Activity Remains High
Active addresses and daily NFT trading volume have returned to levels last seen before the collapse of crypto exchange FTX, a report from the bank said.

Bernstein: Recent Gains in Some Cryptocurrencies Caused by Short Covering
Altcoins such as solana and lido have gained more than 20% as investors betting on a decline have covered their positions, a report from the brokerage firm said.

Signature Bank Downgraded at Jefferies Due to Shrinking Crypto Business
The cut to "hold" by the formerly bullish analyst comes after the stock has suffered a 67% year-over-year decline.

Jefferies Initiates Coverage of Crypto Exchange Coinbase With ‘Hold’ Rating on Near-Term Concerns
The exchange has staying power due to its healthy balance sheet, a proactive approach to regulatory compliance, sensible risk management and legitimacy as a public company, the report said.

Crypto Bank Silvergate Downgraded by Wall Street Banks, Moody's After Q4 Results, Shares Slump
J,P. Morgan cut its rating on the stock to neutral from overweight and slashed its price target to $14 from $30.

Bernstein Says Crypto Exchange Binance Not Likely to Fail
The app demonstrated its robustness when about $6 billion of customer funds were withdrawn on Dec. 13, a Bernstein report said.

Zodia Custody Appoints Crypto Exchange Bitstamp’s Julian Sawyer as CEO
Sawyer was Bitstamp's CEO and a co-founder of U.K. lender Starling Bank.

Bernstein: Returns From Buying Crypto During Downturns Have Been Spectacular
The industry has a strong track record of fighting back, a report from the brokerage firm said.

Citi Says Crypto Market Leverage, Open Interest Are Historically Low
The bank expects a broader focus on decentralization in 2023 following this year’s failings in centralized crypto ventures.

Citi Downgrades Robinhood, Says FTX Fallout Will Weigh on Crypto Trading Revenue
The bank downgraded the trading platform to neutral from buy, with a lowered price target of $10.
