Bernstein

Crypto users are leaving centralized exchanges and moving to on-chain transactions. (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.
Crypto users are leaving centralized exchanges and moving to on-chain transactions. (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...
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 BlockFi files for bankruptcy in the wake of FTX's collapse....
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 mark...
Bitcoin Falls Below $16K; Coinbase Hits Lowest Price Since Going Public

Former FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)
Bernstein: The Collapse of Crypto Exchange FTX More Like Enron Than Lehman
The broker sees a significant liquidity impact on the crypto market in coming weeks, which will hurt the smaller tokens.
Former FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)

Polygon co-founder Sandeep Nailwal in an ad at Istanbul's airport (Amitoj Singh/CoinDesk)
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.
Polygon co-founder Sandeep Nailwal in an ad at Istanbul's airport (Amitoj Singh/CoinDesk)

Ether's tokenomics would turn favorable on just a small economic recovery.  (Pixabay)
Bernstein: Small Economic Recovery Would Make Ether's Tokenomics Favorable
ETH could reach 4% deflation at peak user activity, a report from Bernstein said.
Ether's tokenomics would turn favorable on just a small economic recovery.  (Pixabay)

Crypto winter (Timothy Eberly/Unsplash)
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.
Crypto winter (Timothy Eberly/Unsplash)

NFT Gallery at Consensus 22 (CoinDesk)
Brokerage Firm Bernstein Says NFTs Are Not Dead
These tokens are redefining the crypto consumer stack, the report said.
NFT Gallery at Consensus 22 (CoinDesk)

Bernstein: Bitcoin Underperforming Against Rivals; Vermont Regulator Alleges Celsius Misled Investors
Bernstein: Bitcoin Underperforming Against Rivals; Vermont Regulator Alleges Celsius Misled Investors
Investment firm Bernstein wrote Tuesday that bitcoin (BTC)’s correlation with other tokens will weaken as its dominance declines. Vermont authorities allege crypto lender Cels...
Bernstein: Bitcoin Underperforming Against Rivals; Vermont Regulator Alleges Celsius Misled Investors