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Latest from Will Canny
Crypto Exchange Coinmetro Eyes US, Europe Expansion With $7M Funding Round
The interim fundraising round, a precursor to a Series A round, valued the firm at $180 million.
Bernstein Says Polygon Blockchain Is the Web3 King
The project has hired staff from large global tech companies and is being used by many big brands such as Starbucks and Instagram, a note from the Wall Street firm said.
Citi Says Ether May Be Moving Toward a Deflationary Future
The cryptocurrency's volatility dropped to historic lows following the success of the Merge upgrade, the bank said.
Crypto Finance Firm Galaxy Digital to Cut One-Fifth of Workforce: Sources
The company's shares have fallen 80% in the past year.
Bernstein: Small Economic Recovery Would Make Ether's Tokenomics Favorable
ETH could reach 4% deflation at peak user activity, a report from Bernstein said.
Morgan Stanley Says Record Number of Bitcoin Have Not Been Used for 6 Months
Bitcoin has traded in the narrowest range since late 2020, suggesting investors are holding on for higher prices, the report said.
Coinbase Says Reddit’s Success Highlights the Potential for NFTs
The platform's non-fungible-tokens are booming despite the bear market, the report said.
Meta Downgraded by BofA to Neutral From Buy Partly on Metaverse Concerns
Investment in the metaverse will remain an overhang on the stock, the report said.
Coinbase Says It’s Wary of Suggested Changes to ATOM’s Monetary Policy
Very little of the revenue generated by Cosmos’ ecosystem has historically accrued to holders of its ATOM token, the report said.
Bernstein Still Sees Institutional Adoption Despite Crypto Winter
Some large asset managers are continuing with their digital-assets strategies, a report from the brokerage firm said.
