Analysts


Markets

Bitcoin's Trading Range Extends Beyond 125 Days as September Shows Resilience

Defying typical September trends, bitcoin's resilience hints at a potential breakout from its prolonged downtrend.

BTCUSD trading range: (Glassnode data)

Markets

Ether Is Going to Shine Again, Steno Research Says

The recent Federal Reserve interest cut will fuel increased onchain activity, and this will strongly benefit the Ethereum blockchain, the report said.

Digitally rendered Ethereum logo (Unsplash)

Markets

Stablecoins Are Becoming Systemically Important, Bernstein Says

Stablecoin supply is back to all-time highs with $170 billion in circulation, the report said.

The supply of stablecoins USDT and USDC  grew by $10 billion in a month, 10x research noted. (Shubham Dhage/Unsplash)

Finance

Cash Is Still King, Consumers Would Prefer to Use Money Over CBDCs: Deutsche Bank

44% of respondents in the bank's survey said they would rather use cash then a central bank digital currency and 57% said they would prefer to use a debit or credit card than a CBDC.

Deutsche Bank logo

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Markets

Ethereum Is the Microsoft of Blockchains, ETH Underperformance May Reverse Into Year-End: Bitwise

The Ethereum blockchain has the most active developers, the highest number of active users and ether has a market cap that is five times larger than its nearest competitor, the report said.

Vitalik Buterin is the creator and spiritual leader of Ethereum. (Romanpoet/Wikimedia Commons, modified by CoinDesk)

Markets

Bitcoin Mining Profitability Remains at All-Time Lows as Prices Fall, Hashrate Rises, JPMorgan Says

U.S.-listed bitcoin miners fell in the first half of the month as the world's largest cryptocurrency loitered below $60K and the network hashrate returned to pre-halving levels, the report said.

A bitcoin mining farm. (Marko Ahtisaari/Flickr)

Markets

Bitcoin Could Hit $125K by Year-End if Trump Becomes President, $75K if Harris Triumphs: Standard Chartered

Bitcoin is expected to end the year at new all-time highs regardless of who wins the U.S. election, the report said.

Standard Chartered logo on the side of a building.

Markets

Bitcoin Mining Was Significantly Less Profitable in August, Jefferies Says

September could be another difficult month for the miners as bitcoin remains under $60K and the network hashrate continues to rise, the report said.

Alta Novella's turbine room with 40 ASIC bitcoin miners.

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Markets

Core Scientific Is Uniquely Placed to Deliver AI Data Center Scale in the Near Term: Bernstein

The bitcoin miner benefits from readily available sites and power, less competition and the ability to hire strong data center talent, the report said.

bitcoin miner (Shutterstock)

Markets

Bitcoin Could Hit $90K by Year End if Trump Becomes President Again: Bernstein

If Kamala Harris wins, the world's largest cryptocurrency could drop to as low as $30K, the report said.

Bitcoin price could be tied to the outcome of the U.S. election, Jefferies said. (Danny Nelson/CoinDesk)