JPMorgan


Tech

Ethereum Has Become More Centralized Since the Merge and Shanghai Upgrades: JPMorgan

The increase in staking has reduced the appeal of ether from a yield perspective, the report said.

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

Finance

Banking Giants Abuzz About Tokenization of Real-World Assets as DeFi Craves Collateral

JPMorgan, Citi and Franklin Templeton are digitizing traditional assets. Will they end up trading on crypto networks like Ethereum?

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Markets

World May Not Be Ready for U.S. Interest Rate at 7%, JPMorgan CEO Says

U.S. rates at 7% could push the U.S. economy into a recession, triggering risk aversion in financial markets.

JPMorgan CEO Jamie Dimon (CoinDesk)

Markets

Ethereum’s Shanghai Upgrade Has Been ‘Disappointing,’ JPMorgan Says

Daily transactions, daily active addresses and total value locked on Ethereum have all fallen since the upgrade, according to a report.

John Pierpont Morgan's firm says Ethereum's upgrade has been a disappointment (Library of Congress)

Videos

Ric Edelman Predicts Bitcoin Could Reach $150K by Summer of 2025 Amid Start of 'Sea Change' for Crypto

Digital Assets Council of Financial Professionals founder Ric Edelman shares his price prediction for bitcoin (BTC) as JPMorgan analysts predict the SEC is likely to be forced to approve the spot bitcoin ETF applications from several asset managers, after a federal court ruled that the regulator must review its rejection of Grayscale’s attempt to convert the Grayscale Bitcoin Trust (GBTC) into an ETF. Grayscale and CoinDesk are both owned by DCG.

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Markets

JPMorgan Sees Limited Downside for Crypto Markets in the Near Term

News that Elon Musk’s SpaceX had written off some of its bitcoin holding in the previous quarter acted as an additional catalyst for the correction in crypto markets in August, the report said.

(Shutterstock)

Videos

DCG Calls Gemini Lawsuit a Publicity Stunt; Analyst Downplays U.S. Spot Bitcoin ETF Hype

“CoinDesk Daily” host Jennifer Sanasie discusses the hottest stories in crypto, including Digital Currency Group's comments after Gemini announced its lawsuit against the industry conglomerate. DCG is the parent company of CoinDesk. A new JPMorgan report explains why the SEC's approval of a spot bitcoin ETF will not be a game changer. And, an update on when the much-awaited layer 2 blockchain Shibarium is expected to go live.

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Videos

Bitcoin Hits One-Year High; Coinbase Wins Supreme Court Ruling in Arbitration Lawsuit

"CoinDesk Daily" host Jennifer Sanansie breaks down the stories making headlines in the world of crypto. Bitcoin (BTC) continues its mid-June surge, soaring to a one-year high above $31,000. This comes as Coinbase won a reprieve from the U.S. Supreme Court on Friday, after the high court ruled that a lawsuit filed by one of the exchange's users couldn't proceed until Coinbase defends an appeal of a lower court ruling. And, JPMorgan has expanded its blockchain-based settlement token JPM Coin to euro-denominated payments, according to a Bloomberg report.

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Finance

JPMorgan Expands Its Blockchain-Based Token to Euro Payments: Bloomberg

Since its inception in 2019, over $300 billion in transactions have been processed using JPM Coin.

(Shutterstock)

Videos

SEC's Crackdown on Binance, Coinbase Highlights Need for U.S. Crypto Regulatory Framework: JPMorgan

The U.S. Securities and Exchange Commission (SEC)’s lawsuits against Binance and Coinbase highlight the need for U.S. lawmakers to come up with “a comprehensive framework on how to regulate the crypto industries and the relative responsibilities of SEC vs the Commodity Futures Trading Commission (CFTC),” JPMorgan (JPM) said in a research report. "The Hash" panel weighs in.

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