November Was a ‘Monumental’ Month for the Crypto Market, JPMorgan Says
Total crypto market cap jumped 45% in November, in the best monthly return to-date, the report said.
JPMorgan
MicroStrategy Leveraged ETFs’ Impact on Crypto Markets Is Growing: JPMorgan
Leveraged MicroStrategy ETFs attracted $3.4 billion of inflows in November, the report said.
Bitcoin Mining Economics Improved in the First Half of November: JPMorgan
The total market cap of the miners the bank tracks grew 33% since the end October, the report said.
Frenzy Alert: JPMorgan’s Bitcoin Retail Sentiment Score Hits Record High, MSTR’s Call Skew Soars
MSTR’s options market exhibited extreme upside fear or bullish speculative frenzy.
Bitcoin Mining Revenue, Profit Fell in October for a Fourth Consecutive Month: JPMorgan
The network’s monthly average hashrate surged to a record high, the report said.
Robinhood Slumps After Third-Quarter Earnings Disappoint: Analysts
The company missed consensus revenue expectations, analysts said.
Tokenized Treasuries Like Blackrock’s BUIDL Will Challenge Stablecoins But Won’t Fully Replace Them: JPMorgan
These tokens are at a regulatory disadvantage to stablecoins due to their classification as securities, the report said.
Bitcoin, Gold Could Benefit From Rising Geopolitical Tension and U.S. Election: JPMorgan
Geopolitical risk fueled by conflict in the Middle East and the upcoming U.S. election are likely to reinforce the debasement trade, to the benefit of both bitcoin and gold, the report said.
Crypto Market Lacks Major Near-Term Catalysts, JPMorgan Says
Total crypto market cap was $2.02 trillion at the end of August, a 24% decline from this year’s peak of $2.67 trillion in March, the report said.
Ether Spot ETF Flows Have Underwhelmed Versus Bitcoin: JPMorgan
Spot ether exchange-traded funds have seen net outflows of $0.5B since their launch, the report said.