JPMorgan

JPMorgan

Markets

Robinhood’s Crypto Revenue Miss Tempers Solid Quarter: JPMorgan

The Wall Street bank lifted its HOOD price target to $130 and reiterated its neutral rating on the stock.

Robinhood CEO Vlad Tenev speaking at TOKEN2049 Singapore on Oct. 2, 2025.

Markets

Bitcoin Network Hashrate Hit Record High in October, JPMorgan Says

The monthly average network hashrate, a proxy for competition in the industry and mining difficulty, rose 5% to 1,082 EH/s.

Bitcoin mining machines (Shutterstock, modified by CoinDesk)

Tech

JPMorgan Completes First Blockchain-Based Private Fund Transaction Amid Tokenization Push

Kinexys Fund Flow, developed by the bank's digital asset arm Kinexys, aims to streamline access to alternative funds.

JPMorgan building (Shutterstock)

Markets

Circle’s USDC Overtakes Tether's USDT in Onchain Activity as Regulation Drives Shift: JPMorgan

USDC leapfrogged USDT in onchain activity as regulatory clarity pushes investors toward transparent and compliant stablecoins.

Stablecoin networks (Unsplash, modified by CoinDesk)

Markets

Coinbase Upgraded at JPMorgan, Seeing Potential $34B Opportunity in Base Token

Analysts from the banking giant upgraded Coinbase to overweight from neutral and raised its price target on the stock to $404 from $342.

Coinbase app on a mobile phone screen (appshunter.io/Unsplash/Modified by CoinDesk)

Markets

JPMorgan to Allow Clients to Pledge Bitcoin and Ether as Collateral: Bloomberg

The tokens pledged under the global program will be safeguarded by a third-party custodian.

FastNews (CoinDesk)

Markets

JPMorgan Says Crypto-Native Investors Are Likely Driving the Market Slide

Limited bitcoin outflows and heavier ether selling pointed to crypto-native liquidations as the driver of the drop.

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay, modified by CoinDesk)

Markets

Bitcoin Network Hashrate Took Breather in First Two Weeks of October: JPMorgan

The total market cap of the 14 U.S.-listed bitcoin miners that the bank covers rose 41% from the end of last month to a record $79 billion.

Bitcoin mining machines (Shutterstock, modified by CoinDesk)

Markets

JPMorgan Sees Modest Inflows for Solana ETFs Despite Likely SEC Approval

The bank expects solana exchange-traded funds to attract only a fraction of ether’s inflows.

Solana News

Markets

Bitcoin Miners Posted Record Profits in 2Q as HPC Push Accelerated, JPMorgan Says

Rising bitcoin prices, improved efficiency, and heavy investment in high-performance computing fueled a strong second quarter for miners, the bank said.

Bitcoin mining machines (Shutterstock, modified by CoinDesk)