Analysts
Stablecoins, Tokenization Put Pressure on Money Market Funds: Bank of America
Stablecoin demand for Treasuries won’t meaningfully shift T-bill dynamics, but instead poses a bigger challenge to money market funds, the report said.
Ether Outpaces Bitcoin as ETF Inflows, Corporate Buying Accelerate: JPMorgan
The bank said ether holdings in both exchange-traded funds and corporate treasuries could rise further.
The 'Great Wealth Transfer' Could See More Than $200B Flow Into Bitcoin: Xapo Bank
Over the next ten years, trillions of dollars will move from baby boomers to younger heirs, who are more inclined toward digital assets, the report said.
Ether Resurgence Gains Steam Backed by Spot ETF Demand and On-Chain Growth: Citi
Spot ether ETFs have seen growing demand with cumulative net inflows now more than $13 billion, up from $2.6 billion in April, the report said.
Crypto Bull Market Could Run Till 2027, With Major Upside for HOOD, COIN, CRCL: Bernstein
Bernstein reiterated its outperform rating on Robinhood and lifted its price target on the stock to $160 from $105.
Core Scientific Faces Valuation Disconnect; PT Hiked to $22: Jefferies
The bank reiterated its buy rating on CORZ and raised its price target for the bitcoin miner to $22 from $16 to reflect the CoreWeave acquisition.
Bitcoin Network Hashrate Rose 4% in First Two Weeks of August: JPMorgan
The combined hashrate of the 13 U.S.-listed miners the bank tracks now accounts for a record high 33.6% of the global network.
Bitcoin Mining Profitability Rose 2% in July Amid BTC Price Rally, Jefferies Says
A rising bitcoin price is seen as most favorable for Galaxy's digital assets business, while miners fight a rising network hashrate, the report said.
Ether-Led Rally Pushed Crypto Market Cap to $3.7T in July: JPMorgan
Ether outperformed last month as volumes, ETF flows hit records, the report said.
Ether Price Target Lifted to $7.5K at Year-End and $25K in 2028 at Standard Chartered
Analyst Geoff Kendrick cited surging institutional demand, favorable regulation and network upgrades.
