JPMorgan analysts see bitcoin at $170,000
As leverage and relative volatility normalise versus gold, bitcoin could rise to $170,000, JPMorgan says.
JPMorgan analysts see bitcoin at $170,000
As leverage and relative volatility normalise versus gold, bitcoin could rise to $170,000, JPMorgan says.
JPMorgan Predicts Base Token’s Market Cap Could Reach $34 Billion
The combined market value of the token for Coinbase-supported L2 network Base could range from $12 billion to $34 billion following its launch, according to a report by The Block citing JPMorgan.
JPMorgan: AI and Cryptocurrencies to Unlock $350 Billion Market for Stripe
Stripe is set to lead the "dual revolution in artificial intelligence and money movement," according to JPMorgan analysts.
Solo Miner Strikes Bitcoin Block, Earns $347,455
A solo miner mined block #920,440 on the Bitcoin network, earning 3.141 BTC ($347,455).
JPMorgan Chief Questions Imminent Fed Rate Cut and Praises Stablecoins
JPMorgan CEO Jamie Dimon remarked that the Fed is unlikely to lower the key rate without a significant slowdown in inflation. He also spoke positively about stablecoins.
JPMorgan Identifies ‘Stablecoin Race’ Dilemma
The anticipated surge in stablecoin launches in the United States could devolve into a zero-sum competition, according to CoinDesk, citing a report from JPMorgan.
JPMorgan Calls S&P 500’s Rejection of Strategy a “Blow to Crypto Treasuries”
The S&P 500's decision to deny Strategy's inclusion "dealt a significant blow to the entire corporate crypto treasury industry," JPMorgan analysts said.
JPMorgan Identifies Four Factors Behind Ethereum’s Outperformance
Over the past month, Ethereum has outperformed Bitcoin in terms of dynamics (+14% versus -5.4%). Analysts at JPMorgan have identified four key reasons for the asset's dominance.
JPMorgan Labels July a ‘Successful’ Month for Bitcoin Miners
In July, the profitability of mining the leading cryptocurrency by public companies in the United States reached its highest level since the last halving, according to CoinDesk, citing a report from JPMorgan. Experts estimate that miners experienced “another successful month,” with average revenue of $57,400 per 1 EH/s of hash rate, marking a 4% increase […]JPMorgan Reports $60 Billion Inflow into Cryptocurrencies
Capital inflow into digital assets has reached $60 billion since the beginning of the year, according to a report by JPMorgan analysts, as reported by The Block. This figure has increased by nearly 50% since the end of May and may surpass last year’s record. The main sources of inflows are crypto funds, the CME […]
Standard Chartered Bankers Show Preference for Stablecoins Over Bitcoin
Experts predict the market capitalization of stablecoins will reach $750 billion by the end of 2026. Key cryptocurrency bills are under consideration in the United States. JPMorgan is exploring stablecoins under pressure from fintech competitors. Clients of the American branch of Standard Chartered are showing greater interest in stablecoins than in Bitcoin. This was stated […]
JPMorgan Confirms Launch of JPMD Token on Base Blockchain
Financial conglomerate JPMorgan is set to launch a pilot project for the deposit token JPMD. This was revealed to Bloomberg by Navin Mallela, head of the bank’s blockchain division, Kinexys. The first transaction will take place in the coming days on the Base blockchain with the participation of the cryptocurrency exchange Coinbase. Subsequently, institutional clients […]We use cookies to improve the quality of our service.
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