JPMorgan: We Are Bullish on Digital Assets Into 2025

October 18, 2024 Bitcoin.com

Bitcoin

Global investment bank JPMorgan is bullish on cryptocurrency into 2025, driven by regulatory shifts and geopolitical tensions. Analysts suggest a Donald Trump re-election as the U.S. president could propel BTC higher, reinforcing the “debasement trade” as investors seek refuge in digital assets. With major liquidations behind and institutional support increasing, JPMorgan sees strong momentum for […]

California Court Rules That Ethereum Liquid Staking Solution Lido To Be Treated As Legal Entity

Banking Giant JPMorgan Says Lowered Cost of Bitcoin Production May Hurt Its Price – Here’s Why

July 15, 2022 The Daily Hodl

Bitcoin

Analysts at financial giant JPMorgan say the reduced cost of producing Bitcoin (BTC) may hurt the price of the leading digital asset. According to a new report, JPMorgan analysts say Bitcoin’s cost of production has dipped from $24,000 in June to $13,000 now, a decrease that may not be so great for the top crypto […]

The post Banking Giant JPMorgan Says Lowered Cost of Bitcoin Production May Hurt Its Price – Here’s Why appeared first on The Daily Hodl.

California Court Rules That Ethereum Liquid Staking Solution Lido To Be Treated As Legal Entity

‘Unprecedented Opportunities’ — Cleanspark Acquires 1,061 Bitcoin Miners at a ‘Discounted Price’

July 14, 2022 Bitcoin.com

1061 ASICs

On Thursday, the publicly-listed bitcoin mining firm Cleanspark announced that it added 93 petahash per second (PH/s) of hashpower to the company’s existing operations by acquiring 1,061 Whatsminer M30S bitcoin mining rigs. The latest ASIC acquisition follows Cleanspark’s recent purchase contract to buy 1,800 Antminer S19 XP units for “an exceptionally discounted price.” Cleanspark Purchases […]

California Court Rules That Ethereum Liquid Staking Solution Lido To Be Treated As Legal Entity

Report: $4B in Bitcoin Mining Loans Are in Distress — JPMorgan Analyst Says Price Pressure Stems From Miner Sales

June 27, 2022 Bitcoin.com

Report: B in Bitcoin Mining Loans Are in Distress — JPMorgan Analyst Says Price Pressure Stems From Miner Sales

Bitcoin Miners

Cryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The report, which quotes the co-founder of mining company Luxor Technologies, Ethan Vera, says that roughly $4 billion in loans backed by crypto mining rigs are […]

California Court Rules That Ethereum Liquid Staking Solution Lido To Be Treated As Legal Entity

JPMorgan Strategist Estimates Ether’s Fair Value at $1,500 Amid Competition From ‘Ethereum Killers’

September 20, 2021 Bitcoin.com

JPMorgan Strategist Estimates Ether’s Fair Value at ,500 Amid Competition From ‘Ethereum Killers’

$1500

A strategist at JPMorgan stated that ether’s fair value is way lower than its current price. According to a set of measurements based on network activity, he calculated ether’s value at $1,500, 55% lower than its market price. One of the reasons argued for this assessment, is that Ethereum is not so unique anymore, and […]

Nikolaos Panigirtzoglou