JPMorgan

JPMorgan

Markets

Coinbase shares rise as ‘ambitious expansion’ wins analyst praise

The event marked a milestone that broadens the platform’s reach across new and traditional assets, the analysts said.

Coinbase

Finance

JPMorgan’s tokenized dollars are quietly rewiring how Wall Street moves money

The Wall Street titan’s recent embrace of a public blockchain is a harbinger of things to come.

JPMorgan building (Shutterstock)

Finance

JPMorgan Launches Tokenized Money Market Fund on Ethereum as Wall Street Moves Onchain

The $4 trillion U.S. bank is the latest financial giant in rolling out tokenized MMF onchain, joining BlackRock, Franklin Templeton and Fidelity.

JPMorgan building (Shutterstock)

Finance

BMW Taps JPMorgan for First Onchain Programmable FX Payment

The German car giant used JPMorgan’s permissioned Kinexys Digital Payments network to do the FX transaction.

BMW

Finance

Stablecoin Adoption Is ‘Exploding' — Here's Why Wall Street Is Going All-In

Alchemy co-founder and president Joe Lau said stablecoin adoption is exploding as banks, fintechs and payment platforms push beyond the USDT/USDC exchange era.

Stablecoin networks (Unsplash, modified by CoinDesk)

Markets

JPMorgan Maintains Bitcoin's Gold-Linked Target at $170K Despite Recent Drop

The bank’s volatility-adjusted bitcoin-to-gold model still points to a theoretical price around $170K over the next six to twelve months.

Bitcoin Logo (Midjourney/modified by CoinDesk)

Markets

Bitcoin Mining Profitability Fell for Fourth Consecutive Month in November: JPMorgan

The average network hashrate fell 1% last month after hitting record highs in October.

Racks of mining machines.

Markets

Bitcoin Miners Cipher and CleanSpark Upgraded by JPMorgan as HPC Shift Accelerates

The bank sees new upside for bitcoin miners as HPC partnerships reshape the sector.

Racks of mining machines.

Markets

JPMorgan Warns MSCI Decision Could Force Strategy Out of Top Equity Indices

The bank said billions in passive flows could unwind if MSCI removes Strategy from major equity benchmarks, heightening pressure on the bitcoin-levered firm.

Michael Saylor, Executive Chairman of Strategy (MSTR)

Markets

JPMorgan Rolls Out JPM Coin Leveraging Coinbase's Base: Report

Unlike stablecoins, deposit tokens are digital claims on existing bank funds and can be interest-bearing, offering a new option for institutional investors.

JPMorgan building (Shutterstock)