Analysis

Ethereum's Merge will slow demand for GPUs. (Bradley D. Saum/Shutterstock)
Morgan Stanley: GPU Demand Likely to Slow if Ethereum Moves to Proof-of-Stake
Moving to PoS also won't solve Ethereum’s scaling problems, the report said.
Ethereum's Merge will slow demand for GPUs. (Bradley D. Saum/Shutterstock)

Lido's stETH adds liquidity to ether that has been staked. (Aditya Siva/Unsplash)
Decoupling of Lido’s Staked ETH Differs From Stablecoin Collapse, CoinShares Says
Staked ether (stETH) will trade at a discount until withdrawals are enabled, the report said.
Lido's stETH adds liquidity to ether that has been staked. (Aditya Siva/Unsplash)

Ethereum is underperforming bitcoin as the crypto market topples. (Shutterstock)
Morgan Stanley Says Ether Underperformance Echoes Crypto Downturn of 2018
Expectations of higher Fed interest rates are weighing on crypto prices, the bank's analysts said.
Ethereum is underperforming bitcoin as the crypto market topples. (Shutterstock)

Morgan Stanley said crypto is going through the "equivalent of quantitative tightening." (Eviart/Shutterstock)
Morgan Stanley Sees Crypto Equivalent of Quantitative Tightening
The bank pointed to weakness in crypto markets, the failure of a dollar stablecoin and a reduction in leverage in decentralized finance.
Morgan Stanley said crypto is going through the "equivalent of quantitative tightening." (Eviart/Shutterstock)

Venture capital investment in crypto companies is likely to decline this year. (Andrew Khoroshavin/Pixabay)
Morgan Stanley Says Record Crypto Venture Capital Investment to Slow
Deal activity peaked in December and could fall as much as 50% by year-end, the bank said.
Venture capital investment in crypto companies is likely to decline this year. (Andrew Khoroshavin/Pixabay)

Guggenheim Chief Investment Officer Scott Minerd (Emma McIntyre/Getty Images)
Guggenheim's Minerd Says Bitcoin Will Drop to $8K. We Checked His Record
A quick recap of some of the noted analyst's key prognostications shows just how mixed his track record has proven.
Guggenheim Chief Investment Officer Scott Minerd (Emma McIntyre/Getty Images)

Interconnections between DeFi apps amplify systemic risk, Goldman says. (Yuri Turkov/Shutterstock)
Goldman Sachs Says DeFi’s Interconnections Can Increase Systemic Risk
Contagion risk related to UST’s depegging hit staked ether (stETH) because of Lido’s exposure to the Terra ecosystem, the bank said.
Interconnections between DeFi apps amplify systemic risk, Goldman says. (Yuri Turkov/Shutterstock)

U.S. households have suffered little from recent crypto market declines. (Jonathan Meyer/Pexels)
Goldman Sees Little US Economic Impact From Lower Cryptocurrency Prices
The stock market decline has had a much larger effect on U.S. household net worth, the bank said.
U.S. households have suffered little from recent crypto market declines. (Jonathan Meyer/Pexels)

Concerns of a crypto winter are overblown, Bank of America said. (Shutterstock)
BofA Says Crypto Winter, Contagion Risk Concerns Are Overdone
The collapse of the Terra network was due to prioritization of mass adoption over price stability, the bank said.
Concerns of a crypto winter are overblown, Bank of America said. (Shutterstock)

Decentralized Finance (putilich/Getty images)
S&P Global Ratings Forms DeFi Group to Build Out Crypto Framework
The credit rating giant named Chuck Mounts as chief DeFi officer to lead the unit.
Decentralized Finance (putilich/Getty images)