JPMorgan

JPMorgan

Markets

Bitcoin Mining Profitability Last Month Hit Highest Level Since the Halving: JPMorgan

Ten of the thirteen U.S.-listed miners that the bank tracks outperformed bitcoin last month, the report said.

Racks of crypto mining machines.

Markets

Coinbase, JPMorgan Deal Signals Shift in Institutional Posture Towards Crypto: Bernstein

Coinbase and JPMorgan have forged a strategic partnership, signaling institutional embrace of crypto infrastructure, the Wall Street broker said.

Coinbase (appshunter.io/Unsplash)

Markets

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.

Coinbase app on a mobile phone screen.

Markets

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.

Canadian Bitcoin Miner Bitfarms Will Soon Be Listed on the Nasdaq

Markets

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.

JPMorgan building (Shutterstock)

Opinion

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.

(CoinDesk/Modified by CoinDesk)

Markets

JPMorgan Plans to Launch Crypto-Backed Loans: Report

Last week, Jamie Dimon said that the bank plans to get more involved in stablecoins.

JPMorgan Chase CEO Jamie Dimon (CoinDesk Archives)

Markets

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 building (Shutterstock)

Markets

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.

(Shutterstock)

Markets

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.

(Shutterstock)