JPMorgan

JPMorgan

Mercados

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)

Mercados

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.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Mercados

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.

JPMorgan building (Shutterstock)

Mercados

Positive U.S. Regulatory Environment More Conducive for Crypto Corporate Activity: JPMorgan

The number of crypto IPOs year-to-date matches the pace of offerings seen in the bull market of 2021, the report said.

JPMorgan Chase headquarters in New York City in 2023. (Michael M. Santiago/Getty Images)

Mercados

Bitcoin Miner Price Targets Raised to Reflect Improved Industry Economics: JPMorgan

The bank increased its CleanSpark, Riot Platforms and MARA Holdings price targets.

Racks of crypto mining machines.

Finanzas

JPMorgan to Accept Bitcoin ETFs as Loan Collateral in Expansion of Crypto Access: Bloomberg

The move follows CEO Jamie Dimon's recent admission that JPMorgan will soon let clients buy bitcoin.

JPMorgan Chase headquarters in New York City in 2023. (Michael M. Santiago/Getty Images)

Mercados

Bitcoin Mining Profitability Improved in May, JPMorgan Says

The total market cap of the 13 U.S.-listed miners that the bank tracks rose 19% from the month previous, according to the report.

Mining rigs in Plattsburgh, N.Y. (Fran Velasquez/CoinDesk)

Mercados

Ethereum Upgrades Have Failed to Boost Network Activity in Meaningful Way: JPMorgan

Neither the number of transactions nor active addresses has increased significantly following recent network upgrades, the report said.

JPMorgan building (Shutterstock)