Latest from Will Canny
Citi Starts Coverage of Coinbase With $415 Price Target, Says ‘Buy Crypto’s General Store’
The bank’s Coinbase target is 27% higher than Monday’s closing price.

Bank of America Adds 23 More Firms to Its Crypto Research List
BofA now identifies a total of 43 publicly traded companies that may benefit from exposure to digital assets.

Bitcoin Equilibrium Price Likely to Top $168,000 Following ETF Approval, FSInsight Says
Demand for ProShares’ bitcoin futures ETF is likely to exceed $50 billion in the first year.

Ether, Bitcoin to Strengthen in Coming Weeks, FSInsight Says
The firm’s first upside target for bitcoin is close to $61,000 and then the highs from earlier this year of around $64,860.

Friday’s Crypto-Market Breakout Caused Massive Short Covering, May Be Technically Significant: FSInsight
Technical breakouts made by some cryptocurrencies led to “massive short covering,” the firm said in a report.

Archax Launches Subsidiary Montis Digital, Appoints Martin Watkins as CEO
Watkins is an industry veteran, having formerly worked at EY, Atos Euronext and Euroclear.

Ripple Is Looking to Build a Market-Making Platform for XRP: Sources
The company, still mired in legal action in the U.S., is hiring in London and Singapore.

Blockchain Technology at Pivot Moment Mirrors Broadband, CMCC Global Says
Where some see regulatory threats, CMCC Global’s co-founder sees opportunity.

Financier Alan Howard Owns 5.8% of German Crypto Asset Management Firm Iconic Holding
Howard has been an active investor in the crypto market for some time.

UBS Mulls Offering Prime Brokerage Services for Crypto ETPs to European Hedge Funds: Sources
The Swiss bank is operating a pilot program with plans to possibly launch a wider rollout to clients in a few months, one source said.
