Bernstein

Bernstein expects crypto revenue to jump 16 fold in the next 10 years. (Sakchai Vongsasiripat/Getty Images)
Bernstein Expects Crypto Revenue to Jump to Around $400B by 2033
The broker expects on-chain revenue to grow to about half of total cryptocurrency revenue from around 15% today.
Bernstein expects crypto revenue to jump 16 fold in the next 10 years. (Sakchai Vongsasiripat/Getty Images)

El estrangulamiento de posiciones cortas impulsó las ganancias en altcoins. (Bella H./Pixabat)
Las recientes ganancias de algunas criptomonedas se deben a la cobertura de posiciones cortas, según Bernstein
Algunas altcoins como solana y lido subieron más de 20% debido a que los inversores que apostaban por una caída cubrieron sus posiciones, según un informe elaborado por la empresa.
El estrangulamiento de posiciones cortas impulsó las ganancias en altcoins. (Bella H./Pixabat)

US Authorities Examining Transfers Between DCG, Genesis: Bloomberg
US Authorities Examining Transfers Between DCG, Genesis: Bloomberg
Officials with the U S Department of Justice's Eastern District of New York EDNY and the U S Securities and Exchange Commission are examining transfers between Digital Currency Group DCG and the conglomerate's Genesis subsidiary according to a report from Bloomberg Bernstein's Managing Director of Global Digital Assets Gautam Chhugani discusses the latest developments DCG [...]
US Authorities Examining Transfers Between DCG, Genesis: Bloomberg

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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The app demonstrated its robustness when about $6 billion of customer funds were withdrawn on Dec. 13, a Bernstein report said.
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Institutional adoption still on the rise despite crypto winter, says Bernstein. (Timothy Eberly/Unsplash)
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.
Institutional adoption still on the rise despite crypto winter, says Bernstein. (Timothy Eberly/Unsplash)

Binance issues soulbound tokens as an identity passport on BNB Chain(Tom Barrett/Unsplash)
Bernstein: Crypto User Activity Is Moving On-Chain Following FTX's Collapse
The Arbitrum and Optimism blockchains are seeing the strongest momentum in terms of user trends, a report from the firm said.
Binance issues soulbound tokens as an identity passport on BNB Chain(Tom Barrett/Unsplash)

Grayscale's Bitcoin Trust Shares Continue to Trade at a Discount
Grayscale's Bitcoin Trust Shares Continue to Trade at a Discount
Bernstein Managing Director of Global Digital Assets Gautam Chhugani unpacks the outlook for Genesis and Grayscale's GBTC, amid the ongoing contagion concerns from the fallout of FTX. Grayscale Investments, which manages GBTC, Genesis and CoinDesk are owned by Digital Currency Group.
Grayscale's Bitcoin Trust Shares Continue to Trade at a Discount

Crypto Industry Outlook as BlockFi Files For Bankruptcy
Crypto Industry Outlook as BlockFi Files For Bankruptcy
Bernstein Managing Director of Global Digital Assets Gautam Chhugani discusses his outlook for the crypto sector as Block Fi files for bankruptcy in the wake of FTX s collapse Plus the Grayscale Bitcoin Trust GBTC is drawing market attention after sister company Genesis Global Capital said its lending unit would halt customer withdrawals Grayscale Investments [...]
Crypto Industry Outlook as BlockFi Files For Bankruptcy

Bitcoin Falls Below $16K; Coinbase Hits Lowest Price Since Going Public
Bitcoin Falls Below $16K; Coinbase Hits Lowest Price Since Going Public
Shares of Coinbase COIN hit their lowest price since the the U S based cryptocurrency exchange went public in April 2021 The Grayscale Bitcoin Trust GBTC is drawing market attention after sister company Genesis Global Capital said its lending unit would halt customer withdrawals in the wake of the collapse of Sam Bankman Fried’s FTX [...]
Bitcoin Falls Below $16K; Coinbase Hits Lowest Price Since Going Public

Sam Bankman-Fried, CEO de FTX. (Jesse Hamilton/CoinDesk)
El colapso de FTX es más parecido a Enron que a Lehman, según Bernstein
El bróker prevé un impacto significativo de liquidez en el mercado de criptomonedas para las próximas semanas, lo que perjudicará a los tokens menos importantes.
Sam Bankman-Fried, CEO de FTX. (Jesse Hamilton/CoinDesk)