Analysis


Tech

Citi: Ethereum’s Merge Will Have Several Consequences for the Blockchain

Ethereum will probably become deflationary as token issuance decreases while the burn mechanism is maintained, the bank said.

Ethereum's Merge will slow demand for GPUs. (Bradley D. Saum/Shutterstock)

Tech

BofA Says Ethereum Needs Scalability Improvements to Hold Its Market Position

Binance Smart Chain, Tron, Avalanche and Solana have taken market share from Ethereum thanks to their greater scalability and lower transaction fees.

Ethereum's Merge will slow demand for GPUs. (Bradley D. Saum/Shutterstock)

Markets

Jefferies Downgrades MicroStrategy to 'Underperform;' Shares Slump

The company holds 129,200 bitcoins, which translates into a $1 billion unrealized loss on its investment due to the fall in the BTC price, a report says.

Executive Chairman MicroStrategy, Michael Saylor (CoinDesk)

Markets

JPMorgan Sees Crypto Retail Demand Improving, End of 'Intense' Deleveraging Phase

Improved investor sentiment and increased demand ahead of the Ethereum Merge has sparked a market recovery, according to the bank.

(Shutterstock)

Finance

Bitcoin Production Cost Has Dropped to About $13K, JPMorgan Says

Declining production costs could be seen as a negative for bitcoin prices, the Wall Street bank said in a report.

Racks of crypto mining machines.

Markets

Bitcoin in 'Accumulation' Phase, On-chain Indicators Suggest

Bitcoin's Puell Multiple and MVRV Z-Score indicate the cryptocurrency is undervalued. Similar readings have marked bear market bottoms in the past.

Indicadores clave sugieren que es momento de acumular bitcoin. (RichardMc/Pixabay, PhotoMosh)

Finance

JPMorgan Says Crypto Market Deleveraging Cycle Won’t Be Lengthy

Stronger crypto companies are stepping in to help contain contagion, and venture capital funding is still healthy, the bank said.

JPMorgan dice que el proceso de desapalancamiento ya está muy avanzado. (Kurhan/Shutterstock)

Markets

Deutsche Bank: Crypto Free Fall Could Continue Because of the System’s Complexity

As bitcoin and other cryptocurrencies are speculative, high-risk assets, they are disproportionately affected by central bank tightening, the bank said.

Las criptomonedas se ven afectadas de manera desproporcionada por el endurecimiento de la Fed. (Harald Lueder/Shutterstock)

Finance

Bank of America Says 'Crypto Winter' Concerns Haven't Frozen Investor Interest

Blockchain technology is the most significant evolution of software since the internet, the report said.

El invierno de las criptomonedas no ha conseguido frenar el entusiasmo de los inversores por la tecnología blockchain. (Ina Hoekstra/Pixabay)

Finance

Morgan Stanley: GPU Demand Likely to Slow if Ethereum Moves to Proof-of-Stake

Moving to PoS also won't solve Ethereum’s scaling problems, the report said.

Ethereum's Merge will slow demand for GPUs. (Bradley D. Saum/Shutterstock)