If bitcoin follows historical patterns post halving a rally could start between now and April, the broker said.

Lux Thiagarajah and Richard Usher will be joining the business on Tuesday October 1st.

Powell will start in her new role at the crypto exchange in November.

The broker started coverage of the bitcoin miner with a buy rating and a $16 price target.

The recent Federal Reserve interest cut will fuel increased onchain activity, and this will strongly benefit the Ethereum blockchain, the report sa

The first protocol will be launched in 2025 with more than $100 million in total value locked.

The first banks will be connected this year, with a phased roll out for selected retail customers.

The service will be offered to existing Commerzbank corporate clients in Germany, and will start with bitcoin and ether trading.

Stablecoin supply is back to all-time highs with $170 billion in circulation, the report said.

44% of those surveyed said they would rather use cash then a central bank digital currency and 57% said they would prefer to use a debit or credit