Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
[Aug 23 7:15 PM] BTC miners are struggling to adapt to a post-halving environment.
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Bitcoin Mining Opportunity Is Worth About $74B, JPMorgan Says
[Aug 23 11:45 AM] The Wall Street bank updated its models and price targets for the miners to account for second quarter results and changes in the price of bitcoin and the network hashrate.
JPMorgan Prepares Investors for September Rate Cut With Dual Investment Approach
[Aug 17 8:30 PM] Favorable economic data this week bolstered market confidence, leading to a strong rally in equities, JPMorgan explained in a report published on Friday. With the Federal Reserve now likely to cut interest rates in September, the global investment…
Bitcoin Mining Profitability Fell to All Time Lows in August, JPMorgan Analyst Says
[Aug 16 1:52 PM] The total market cap of the fourteen publicly listed mining stocks the bank tracks fell 18% since the end of last month, the report said.
Stablecoin Regulations Could Pose Problems for Tether, JPMorgan Says; USDT Issuer Claims Sour Grapes
[Aug 15 3:55 PM] Stablecoin issuer Tether has attracted regulatory scrutiny in the past due to its lack of transparency about the composition of its reserves, the report said.
Stablecoin Supply Growth Isn't Eating Into Crypto Market Share: JPMorgan
[Aug 15 2:06 PM] The share of stablecoins versus total cryptocurrency market capitalization is relatively unchanged this year, the report said.
Jamie Dimon Says US Recession Still on the Horizon as JPMorgan Increases Forecast
[Aug 10 11:30 PM] JPMorgan Chase CEO Jamie Dimon reiterated his belief that a recession remains the most likely outcome for the U.S. economy. Dimon pointed to various uncertainties such as geopolitics, housing, and spending. Meanwhile, JPMorgan has raised the…
JPMorgan Remains Cautious on Bitcoin as Positive Catalysts Mostly Priced-In
[Aug 8 5:19 PM] Retail investors seems to have played large role in recent crypto selloff that saw sharpest correction since FTX, the bank said.
JPMorgan Sees ‘Buy the Dip’ Opportunity After Market Selloff
Blockchain and Nation-State Infrastructure: Why Bother?
[Aug 4 4:30 AM] We listen to talk after talk about crypto finally achieving asset-class legitimacy, but truly speaking, the encroachment of Wall Street giants into the blockchain space is a double-edged sword. The following is an opinion editorial written by Karel…
Morgan Stanley’s 15,000 Financial Advisors Can Start Pitching Bitcoin ETFs to Clients Next Week: Report
[Aug 3 8:50 PM] Morgan Stanley is set to offer spot bitcoin exchange-traded funds (ETFs) to select clients through its 15,000 financial advisors starting next week. This marks a significant first for a major Wall Street bank. Advisors can pitch Blackrock’s…
JPMorgan Expects Silver Prices to Soar in 2025
[Aug 3 7:50 PM] JPMorgan, one of the largest investment banks, has predicted that silver prices will soar in 2025, led by different factors including an increase in demand from the expected monetary shifts and silver’s value as an inflation hedge. The price…
JPMorgan Chase launches AI tool for research analyst tasks
[Jul 26 1:06 AM] JPMorgan Chase has introduced LLM Suite, an AI-driven tool similar to ChatGPT, to boost productivity in its asset and wealth management division.
Riot Platforms’ Acquisition of Block Mining Makes Sense, JPMorgan Says
[Jul 24 6:03 AM] Riot will have the second-largest capacity among U.S. listed bitcoin miners following the acquisition, and the deal serves as the latest evaluation of underdeveloped power assets, the report said.
Any Near-Term Rebound in Crypto Market Likely to Be Temporary: JPMorgan
[Jul 22 3:44 AM] The bitcoin price is currently too high versus its production cost and relative to its volatility-adjusted comparison to gold, the report said.
State Street eyes blockchain leap with stablecoin, deposit token: Report
[Jul 17 2:41 PM] The global asset manager may be on its way to the forefront of settlement technology.
JPMorgan Bullish on Gold Prices Into Year-End
[Jul 16 6:30 PM] Global investment bank JPMorgan remains optimistic about gold prices, projecting a significant rise in the fourth quarter of 2024 due to anticipated Federal Reserve rate cuts beginning in September. On Tuesday, the price of gold surged past its…
U.S.-Listed Bitcoin Miners' Share of Global Hashrate Reached Record in July: JPMorgan
[Jul 16 6:24 AM] The aggregate market cap of the fourteen bitcoin miners listed in the U.S. that the bank tracks rose 29% since the end of June, the report said.
JPMorgan Says Crypto Liquidations Will End And Bitcoin Bull Market Will Begin, Here’s When
[Jul 15 10:30 AM] American multinational finance company, JP Morgan has maintained a bullish stance on the Bitcoin price outlook despite recent bearish trends. The bank has announced the timeline for the conclusion of the ongoing BTC liquidations, predicting a…
Crypto Casino Founder Apologizes For Gambling Away Investor Funds
[Jul 15 9:30 AM] Galaxy is one of several investors who have accused Richard Kim of misappropriating at least $3.67 million of company funds belonging to Zero Edge, his crypto casino.
Standard Chartered-Backed Blockchain Firm Partior Closes $60 Million Series B Round
[Jul 13 9:37 PM] Blockchain firm Partior announced on July 12 that it had closed a $60 million Series B funding round led by Peak XV Partners. The investment will be used to enhance Partior’s capabilities, including intraday foreign exchange swaps, cross-currency…
Partior, Blockchain Payment Network Backed by JPMorgan and DBS, Raises $60M Series B
[Jul 12 3:30 AM]
JPMorgan Expects Crypto Market Recovery Beginning in August
[Jul 11 5:16 PM] Global investment bank JPMorgan has predicted a crypto market recovery beginning in August. The firm revised its year-to-date crypto net flow estimate from $12 billion to $8 billion, citing bitcoin liquidations by Mt. Gox creditors and the German…
Crypto Market Rebound Expected in August, Liquidations to Finish By July-End: JPMorgan
[Jul 11 6:32 AM] The bank reduced its year-to-date crypto market net flow estimate to $8 billion due to a decline in bitcoin reserves across exchanges in the past month.
Stablecoins, Miners Outperform as $18B Gets Wiped Out From Crypto in June: JPMorgan
[Jul 8 7:43 AM] Spot bitcoin ETFs saw their second worst month since launching in the U.S., with an estimated $662 million of net outflows, the report said.
Crypto Markets to See Selling Pressure in July From Mt. Gox Creditors: JPMorgan
[Jun 27 6:58 AM] If most of the liquidations by Mt. Gox creditors occur next month, crypto markets are expected to sell off in July then rebound in August, the report said.
JPMorgan: Bitcoin Miners’ Market Cap Jumps 22% Following AI Hosting Deal
[Jun 24 4:11 PM] Global investment bank JPMorgan has observed a notable surge in investor interest in bitcoin miners after Core Scientific announced it would host 200 MW of GPUs for AI hyperscaler Coreweave. According to JPMorgan, the combined market capitalization…
Bitcoin Mining Sector Is Attracting Growing Investor Interest Following Core Scientific Deal: JPMorgan
[Jun 24 4:42 AM] Iris Energy is best positioned to take advantage of the HPC/AI opportunity, the report said.
Don't Tell Anyone, but Private Blockchains Handle Over $1.5T of Securities Financing a Month
[Jun 24 3:46 AM] Permission-based repo ledgers are among the most successful applications of blockchain technology.
JPMorgan Questions Sustainability of $12 Billion Crypto Inflows
[Jun 17 4:11 PM] JPMorgan analysts have raised concerns about the sustainability of the $12 billion year-to-date inflow into crypto assets, given the current high bitcoin prices relative to production costs and gold. The substantial inflows this year have been…