JPMorgan Chase Set to Launch Crypto-Backed Lending for BTC and ETH Next Year
JPMorgan Chase is poised to begin lending against cryptocurrency assets like Bitcoin and Ethereum, a significant move for the largest American bank.
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JPMorgan Chase is poised to begin lending against cryptocurrency assets like Bitcoin and Ethereum, a significant move for the largest American bank.
JPMorgan and Citigroup are advancing their stablecoin plans as the demand for digital payment options rises.
During a recent earnings call, Jamie Dimon, CEO of JPMorgan, signaled the bank's intent to engage more deeply with stablecoins, despite previously expressing skepticism about their necessity.
Analysts at JPMorgan believe that CoreWeave's buyout of Core Scientific sets a new valuation benchmark for bitcoin mining companies, although they caution it may be a unique event.
JPMorgan's analysts predict a more cautious outlook for the stablecoin market, anticipating growth to $500 billion by 2028, significantly less than some optimistic forecasts.
JPMorgan reports a decline in Bitcoin's monthly average network hashrate due to miner reductions in response to a recent heatwave.
JPMorgan's analysts have started coverage on Circle, the stablecoin issuer, assigning it an underweight rating and setting a target price of $80 as the market cap appears inflated post-IPO.
The introduction of JPMD allows institutional clients of JPMorgan to transfer funds seamlessly on a public blockchain.
The cryptocurrency market remains resilient despite geopolitical tensions, with Bitcoin nearing its all-time high following positive news from JPMorgan and announcements surrounding upcoming exchange-traded funds.
JPMorgan's latest trademark application for a crypto platform named JPMD showcases its growing commitment to the digital asset space.
JPMorgan reports a significant rise in the combined hashrate of U.S.-listed Bitcoin miners, showcasing their increased share of the global network.
JPMorgan's recent report suggests that the favorable U.S. regulatory landscape is spurring increased initial public offerings (IPOs) in the cryptocurrency sector, matching the robust pace seen during the 2021 bull market.
JPMorgan highlights that the beginning of 2025 marked a record quarter for Bitcoin mining companies.
JPMorgan has revised upward the price targets for several Bitcoin mining companies, signifying an optimistic outlook as mining profitability increases.
JPMorgan begins allowing clients to borrow against Bitcoin ETFs, marking a significant step in institutional acceptance of cryptocurrencies.
The bank will begin allowing clients to use shares of Bitcoin ETFs, signaling a shift towards accommodating crypto assets.
JPMorgan highlights a significant 19% increase in the market capitalization of top U.S. bitcoin miners last month.
JPMorgan reports significant outflows from U.S. spot bitcoin ETFs, ending a 10-day inflow streak.
JPMorgan's research indicates that recent Ethereum upgrades have not significantly increased network activity.
Both ether and bitcoin products saw net inflows despite a decline in the prices of underlying assets, as reported.
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