JPMorgan | ForkLog

ForkLog 7 04.04.2025

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 […]

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ForkLog 8 05.03.2025

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 […]

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ForkLog 11 20.02.2025

JPMorgan Observes Decline in Bullish Sentiment Among TradFi Whales

In bitcoin futures, contango has shifted to backwardation, indicating sustained selling pressure in the near term. There is a high interest in call options with expirations in February-April. In altcoins, the focus may shift from Solana to Ethereum due to scandals surrounding meme coins. The observed weakening of institutional demand for bitcoin and Ethereum futures […]

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ForkLog 5 14.02.2025

Tether CEO Challenges JPMorgan’s US Regulatory Analysis

Tether is confident in its “simple” adaptation to US stablecoin regulations and disagrees with JPMorgan analysts’ conclusions about the need to sell bitcoins. This was stated by USDT issuer’s CEO Paolo Ardoino to The Block. On February 13, bank specialists claimed that the company would face the necessity of selling bitcoins to comply with US […]

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ForkLog 11 13.02.2025

JPMorgan Outlines Conditions for Tether’s Compliance with US Regulations

Tether may need to sell its Bitcoin holdings to comply with proposed US stablecoin regulations, according to JPMorgan, as reported by The Block. Analysts estimate that only 66%-83% of USDT reserves meet the requirements. Data: JPMorgan. Data: JPMorgan. The experts’ conclusions are based on the proposed Stablecoin Transparency and Accountability for Better Economic Spreadsheet (STABLE) […]

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ForkLog 32 06.02.2025

JPMorgan Analysts Highlight Ethereum’s Competitive Threats

According to analysts at JPMorgan, the second-largest cryptocurrency by market capitalization will continue to face “intense competition” from rival blockchain projects such as Solana. This was reported by The Block.

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ForkLog 32 17.01.2025

JPMorgan sets out factors driving bitcoin’s continued dominance

JPMorgan analysts expect bitcoin to maintain its dominance over Ethereum and other altcoins in 2025, The Block reported, citing a note. According to CoinGecko, the measure stands at 54% at the time of writing, with ETH at 11.14%. Data: CoinGecko. The authors identified eight key factors that could support bitcoin’s continued dominance. ETF inflows In […]

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ForkLog 19 14.01.2025

JPMorgan pegs potential inflows into Solana and XRP spot ETFs at up to $14bn

Inflows into spot ETFs based on Solana (SOL) and XRP over the first six months could outstrip those of comparable Ethereum funds, Cointelegraph reports, citing a JPMorgan note. The analysts benchmarked investment volumes attracted by exchange-traded products tied to the two largest cryptocurrencies by market capitalisation. Launched a year ago in the United States, spot […]

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ForkLog 12 10.01.2025

MiCA will boost euro-denominated stablecoins, says JPMorgan

The Markets in Crypto-Assets (MiCA) rules that took effect in the EU on 30 December 2024 have laid the groundwork for growth in euro-denominated stablecoins, according to a JPMorgan report, CoinDesk reported. Under the law, only compliant stablecoins may be used as trading pairs on regulated markets. As a result, EU-based platforms have adjusted their […]

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ForkLog 32 05.01.2025

JPMorgan: Bitcoin and gold have become structurally important

The “debasement trade” trend will persist over the long term as allocations to gold and bitcoin in investor portfolios expand, JPMorgan analysts said, according to The Block. “The rise in gold prices over the past year has gone well beyond the moves implied by changes in the US dollar and bond yields. This likely reflects […]

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ForkLog 10 13.12.2024

JPMorgan: Miners Emulate MicroStrategy’s Bitcoin Strategy

Publicly traded mining companies are adopting a strategy of acquiring bitcoin for their balance sheets, following the example of MicroStrategy. This is according to a report by JPMorgan, as reported by CoinDesk. To finance operational costs, firms are issuing bonds and stocks, opting not to sell mined coins. This shift is due to pressure on […]

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ForkLog 9 19.11.2024

JPMorgan Reports 29% Increase in Bitcoin Mining Profitability

In the first half of November, the profitability of bitcoin mining—hashprice—rose by 29%. This was reported by CoinDesk, citing a JPMorgan report. Analysts Reginald Smith and Charles Pierce noted that two main factors contributed to the significant improvement in mining economics: the rally in the leading cryptocurrency’s prices, which outpaced the increase in hash rate; […]

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