AI infrastructure firm CoreWeave’s (CRWV) deal to buy Core Scientific (CORZ) will raise the valuation floor for bitcoin mining stocks but is …
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JPMorgan
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Analysis
JPMorgan Will Become Trillion-Dollar Company Amid Adoption of ‘Most Transformational Technology,’ According to TD Cowen – Here’s When
by shayaanby shayaanThe investment banking arm of TD Bank believes the market cap of JPMorgan will soar to $1 trillion as it leverages artificial …
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Regulation
Arthur Hayes Says Proposed Stablecoin Law Will Unleash Multi-Trillion-Dollar Liquidity Bazooka and Benefit Bitcoin, JPMorgan Chase – Here’s How
by shayaanby shayaanBitMEX co-founder Arthur Hayes believes the US legislation seeking to establish a framework for dollar-pegged stablecoins will be bullish for Bitcoin (BTC) …
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Analysis
Billionaire Warren Buffett Pumps $459,000,000 Into Single Asset After Dropping Bank of America, JPMorgan Chase and Wells Fargo
by shayaanby shayaanBillionaire Warren Buffett is pouring hundreds of millions of dollars into a single investment after creating a huge cash pile by steadily …
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Analysis
JPMorgan Chase Predicts Massive Correction for Circle (CRCL) – Here’s the Bank’s Price Target: Report
by shayaanby shayaanJPMorgan analyst Kenneth Worthington reportedly expects the stock of the New York Stock Exchange-listed stablecoin issuer Circle (CRCL) to fall by double-digit …
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Analysis
JPMorgan Chase Exploring Tokenizing Carbon Credits on Blockchain in New Trial: Report
by shayaanby shayaanFinancial services giant JPMorgan Chase is reportedly looking to tokenize carbon credits with a trio of companies for a trial run. According …
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Mining
Bitcoin Network Hashrate Declined in June as Miners Reacted to Recent Heatwave: JPMorgan
by shayaanby shayaanThe Bitcoin network monthly average hashrate fell about 3% in June, Wall Street bank JPMorgan (JPM) said in a research report Tuesday. …
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Analysis
JPMorgan Chase Tells Traders It’s Time To Get Bullish As Morgan Stanley Predicts Roaring Comeback for One S&P 500 Sector: Report
by shayaanby shayaanBanking titan JPMorgan Chase reportedly believes that fresh record highs are in sight for the S&P 500. The firm’s trading desk says …
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Markets
Financial Giant JPMorgan To Launch USD-Backed Deposit Token on Base As Coinbase’s Layer-2 Scaler Rolls Out Support for Cardano and Litecoin
by shayaanby shayaanThe banking titan JPMorgan is piloting a US dollar-backed permissioned deposit token on the Ethereum (ETH) layer-2 scaling solution built by the …
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Analysis
JPMorgan Chase Says This Stock Sector Will Rally 15–20% This Year Driven by Artificial Intelligence: Report
by shayaanby shayaanThe largest US bank, JPMorgan Chase, reportedly says one regional stock sector may soar as much as 20% before the year’s end. …
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