JPMorgan
Coinbase Reaps Growing Rewards from Circle Ties and USDC Economics: JPMorgan
In the first quarter of this year alone, Coinbase earned roughly $300 million in distribution payments from Circle, and that's just the start.
Bitcoin Miner MARA Holdings Upgraded to Overweight at JPMorgan; IREN and Riot Cut to Neutral
The bank updated its miner estimates to reflect second-quarter earnings and changes to the network hashrate and the bitcoin price.
Crypto Inflows Surge to $60B Year-to-Date, Outpacing Private Equity: JPMorgan
The friendlier regulatory climate in the U.S. has led to an increase in digital asset inflows in recent months, the report said.
The Node: JPM’s BTC Lending Play
One of the trends that I’m keeping an eye on is the growing availability of bitcoin-backed loans. Let’s check in on the sector real quick.
JPMorgan Plans to Launch Crypto-Backed Loans: Report
Last week, Jamie Dimon said that the bank plans to get more involved in stablecoins.
Core Scientific Sale Sets Floor Price for Bitcoin Miners: JPMorgan
The deal, however, appears to be a "one-off," and unlikely to be replicated.
JPMorgan Sees Stablecoin Market Hitting $500B by 2028, Far Below Bullish Forecasts
88% of current stablecoin demand comes from crypto-native activity, with payments accounting for only 6%, the report said.
Bitcoin Network Hashrate Declined in June as Miners Reacted to Recent Heatwave: JPMorgan
The fall in the monthly average network hashrate was a result of miners curtailing operations in response to the recent heatwave, the report said.
Circle Valuation Is 'Outside Our Comfort Zone,' Initiate at Underweight: JPMorgan
The Wall Street bank started coverage of the stablecoin issuer with an underweight rating and a $80 price target.
U.S.-Listed Bitcoin Miners' Share of Network Hashrate Hit Record High in June: JPMorgan
The combined hashrate of the 13 bitcoin miners the bank follows has risen 99% year-on-year versus a 55% y/y increase in the network hashrate, the report said.
