JPMorgan

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

