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 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 […]
JPMorgan to Accept BlackRock’s Bitcoin ETF as Loan Collateral
America’s largest bank, JPMorgan, is set to accept BlackRock’s Bitcoin ETF as collateral for loans to its clients in trading and asset management divisions, according to sources cited by Bloomberg. The institution may extend this decision to other spot exchange-traded funds based on digital gold in the future. The changes apply to all bank clients, […]
JPMorgan to Enable Bitcoin Purchases for Clients
The financial conglomerate JPMorgan will soon allow clients to purchase the leading cryptocurrency, though it will not act as its custodian. This was stated by the bank’s CEO, Jamie Dimon, according to CoinDesk. The Bitcoin skeptic has not changed his stance. The top executive emphasized that he remains not a “fan” of digital gold, as […]
JPMorgan Predicts Bitcoin to Surpass Gold by Year-End
In the latter half of the year, the leading cryptocurrency is expected to continue its price ascent, outpacing gold, driven by corporate acquisitions and growing support from American states. These conclusions were drawn by JPMorgan, as reported by The Block. Experts referred to the implementation of the debasement trade strategy, which became relevant for both […]
Chainlink Connects JPMorgan Blockchain with Ondo Chain Testnet
JPMorgan’s digital payment platform Kinexys conducted settlements using the DvP scheme with a tokenized money market fund on the Ondo Chain test network. This was made possible by Chainlink’s CCIP technology. The trial demonstrated how different blockchains can interact to handle RWA. This marks the first such coordination experience between a Wall Street permissioned network […]
JPMorgan: Bitcoin’s Status as ‘Digital Gold’ Diminishes
The outflow from ETFs and high volatility highlight the weakening narrative of bitcoin as ‘digital gold’. The fair value of the leading cryptocurrency is estimated at $71,000. An analyst predicted a rally for altcoins with high utility. High volatility and outflows from BTC-ETFs undermine the perception of the leading cryptocurrency as digital gold, while its […]
JPMorgan Reports 22% Decline in Market Capitalisation of US Public Miners
The market capitalisation of 14 public miners in the United States fell by 22% in February, according to analysts at JPMorgan. Experts attributed this to the decline in Bitcoin’s price and the increase in mining difficulty, as reported by CoinDesk citing the report. The average daily reward for miners was $54,300 per EH/s, a decrease […]We use cookies to improve the quality of our service.
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