JPMorgan anticipates Bitcoin's rally before the halving, noting its current surge and limited upside potential. They highlight the flow of Bitcoin and upcoming catalysts while expressing concerns about Tether and potential regulatory oversight.
Huang BoGrayscale's Bitcoin ETF sees a slowdown in outflows, with $15 million net sales on Friday. Concerns over GBTC's 1.5% high fee may drive investors toward lower-fee alternatives as Bitcoin ETF hype normalizes.
Huang BoJPMorgan analysts downgraded Coinbase to underweight on Tuesday.
JinseFinanceIn reference to the catalyst, specifically Bitcoin ETFs, analysts fear that the momentum driving the crypto ecosystem out of a prolonged downturn may not meet market expectations.
AlexThe cryptocurrency market faces uncertainties as the bitcoin ETF catalyst loses its previous luster, impacting major players like Coinbase. Investors should tread carefully amidst potential market deflation.
SanyaSamson Mow challenges JPMorgan CEO Jamie Dimon's caution on Bitcoin, advocating for its acceptance in banking. Mow emphasizes the transformative potential of Bitcoin, sparking a debate on the future of traditional banking amidst a changing financial landscape.
BerniceJPMorgan's outlook anticipates Ethereum's rise, Bitcoin's priced-in halving, DeFi's struggles in traditional finance, tokenization challenges, and cautiously observes a tentative improvement in crypto venture capital funding.
Cheng YuanInstitutional investors feel relieved they stayed away from crypto, said Jared Gross.
cryptopotatoFormer traditional finance veterans are debuting a crypto career at the crypto ETF issuer 21Shares despite the bear market.
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