Analysts
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.
Positive U.S. Regulatory Environment More Conducive for Crypto Corporate Activity: JPMorgan
The number of crypto IPOs year-to-date matches the pace of offerings seen in the bull market of 2021, the report said.
Bitcoin Miner Price Targets Raised to Reflect Improved Industry Economics: JPMorgan
The bank increased its CleanSpark, Riot Platforms and MARA Holdings price targets.
U.S. Strategic Bitcoin Reserve Marks Milestone in Institutional Adoption: Gemini
More than 30% of the circulating bitcoin supply is now held by centralized entities including exchanges, ETFs, companies and sovereigns, the report said.
Ethereum Blockchain Is Useful Technology That 'Deserves Love,' Bernstein Says
Ether ETF inflows totaled $815 million over the last 20 days as investors have woken up to the network's value proposition, the broker said.
Today's Corporate Bitcoin Holders Could be Tomorrow's Forced Sellers: StanChart
Sixty-one corporate treasuries now hold a combined 3.2% of the total bitcoin supply.
Bitcoin Mining Profitability Improved in May, JPMorgan Says
The total market cap of the 13 U.S.-listed miners that the bank tracks rose 19% from the month previous, according to the report.
