Analysis


Finance

JPMorgan: China’s Metaverse-Related Economy Could Reach $4T

The metaverse could triple China’s online-gaming market alone to $131 billion, the bank said.

Shanghai, China (R.Nagy/Shutterstock)

Markets

Bernstein: Strong Institutional Adoption of Ether Expected Following the Merge

The new economic model under the Merge combined with token burn could lead to negative token emission during periods of high demand, the report said.

Institutional Adoption explodes in 2024 (Peter H/Pixabay)

Markets

Ethereum Blockchain’s Upgrade May Lead to Greater Institutional Adoption of Ether: Bank of America

Investors who are barred from buying tokens that run on proof-of-work systems may be able to buy ether after the blockchain switches to proof-of-stake, the bank said.

La actualización de Ethereum podría atraer más inversores institucionales. (DAPSGDP/Pixabay)

Markets

Bernstein: Bitcoin’s Correlation With Other Tokens Will Weaken as Its Dominance Declines

The BTC to ETH market cap ratio has fallen to around 1.9 from as high as 20 in 2016, the report said.

CoinDesk placeholder image

Markets

Morgan Stanley Says Stablecoin Market Cap Is Contracting Again

The bank said it sees little evidence of leverage rebuilding in the decentralized finance (DeFi) ecosystem.

(Steve Buissinne/Pixabay)

Markets

Morgan Stanley Says Tightening in the Crypto Market Has Paused

While the market cap of stablecoins, an indicator of crypto liquidity, has stopped falling, demand for leverage has yet to start recovering, the bank said.

Tightening in the crypto market appears to have paused. (Lucio Alfonsi/Pixabay)

Markets

FSInsight: Ether May Well Surpass Bitcoin’s Market Cap in Next 12 Months

If the blockchain’s Merge occurs as planned, the ether issuance rate will drop and daily selling pressure will reduce, the research firm said.

Ether becomes deflationary for the first time since the Ethereum blockchain's software upgrade dubbed the "Merge." (SB7/Shutterstock)

Tech

JPMorgan: Ethereum Miners Face an Abrupt Change Following the Merge

Ethereum Classic miners are likely to be among the main beneficiaries of the shift to proof-of-stake validation, the bank said.

Crypto mining stocks have lost roughly half of their value in the past month. (Sandali Handagama for CoinDesk)

Finance

BofA: Coinbase Exchange Is Well Positioned to Take Market Share During This Crypto Winter

JPMorgan is less optimistic than Bank of America about the company in the near term, saying Coinbase's near-term outlook is “still grim.”

El invierno cripto cambió la composición de los participantes de la industria. (Monicore/Pixabay)

Tech

Ethereum Layer 2s Could Take Revenue From the Blockchain as They Become More Competitive: Coinbase

For now, transacting on the base blockchain provides a solution for users who need or value security over speed, the report said.

Layer 2 blockchains could siphon revenue away from Ethereum. (Muhammad Iswahyudi/Pixabay)