Analysts
JPMorgan Sees Stablecoin Market Hitting $500B by 2028, Far Below Bullish Forecasts
88% of current stablecoin demand comes from crypto-native activity, with payments accounting for only 6%, the report said.
Coinbase Is Driving Adoption of Circle's USDC for Payments, Financial Services: Bernstein
The crypto exchange is becoming one of USDC's most active advocates across payments and financial services, Bernstein said.
Bitcoin $200K Target Still in Play, Driven by ETF, Corporate Treasury Buying: StanChart
Bullish catalysts include sustained ETF inflows, corporate treasury adoption and U.S. regulatory moves, the report said.
Bitcoin Network Hashrate Declined in June as Miners Reacted to Recent Heatwave: JPMorgan
The fall in the monthly average network hashrate was a result of miners curtailing operations in response to the recent heatwave, the report said.
Coinbase Is the Most Misunderstood Business in Crypto, Says Analyst With Highest Wall Street Price Target
The leading U.S. digital asset exchange is cementing its role as crypto’s universal bank, the Wall Street bank's analyst team said.
Bitcoin Mining Profitability Increased by Almost 20% in May, Jefferies Says
The rise in profitability was driven by a 20% increase in the bitcoin price, while the hashrate rose only 3.5%, the report said.
Coinbase Is Well Positioned to Benefit From U.S. Crypto Regulatory Clarity: Benchmark
The broker raised its price target for the crypto exchange to $421 from $301 and reiterated its buy rating on the stock.
Standard Chartered Sees New Growth Frontiers in Non-Stablecoin Tokenization
The next phase of real-world asset tokenization will go beyond stablecoins, targeting private markets and illiquid assets, the report said.
Compliant Stablecoins Will Become the 'Money Layer of the Internet:' Canaccord
Stablecoins could find uses beyond that of a crypto trading pair after the U.S. Senate passed the GENIUS Act, the report said.
U.S.-Listed Bitcoin Miners' Share of Network Hashrate Hit Record High in June: JPMorgan
The combined hashrate of the 13 bitcoin miners the bank follows has risen 99% year-on-year versus a 55% y/y increase in the network hashrate, the report said.
