JPMorgan
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.
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.
Bitcoin Miner Price Targets Raised to Reflect Improved Industry Economics: JPMorgan
The bank increased its CleanSpark, Riot Platforms and MARA Holdings price targets.
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.
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.
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.
U.S. Spot Crypto ETFs Saw Strong Inflows on Wednesday, JPMorgan Says
Both ether and bitcoin products saw net inflows despite a drop in underlying asset prices, the report said.
