The move could help the payment product's big bank owners head off cryptocurrency competition. ...

JPMorgan Chase reportedly plans to allow its institutional clients around the world to use their Bitcoin and Ether holdings as collateral for loans.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The program is set ...

升级评级摘要 - Citizens JMP将eBay评级上调至跑赢大市 目标价115美元 公司产品举措在重点品类创造显著更优的消费者体验 预计2026年商品总量实现中个位数增长 [2] - JPMorgan将Coinbase评级上调至超配 目标价从342美元提升至404美元 认为公司估值相较于加密货币同业具有吸引力 且存在货币化机会及风险减弱 [2] - Morgan Stanley将Tractor Supply评级上调至持股观望 目标价从50美元提升至60美元 公司正度过投资周期 同店销售回归至更正常化水平 [2] - Keefe Bruyette将AppFolio评级上调至跑赢大市 目标价311美元 公司股价自8月初以来表现落后31% 估值接近历史倍数低点 预计新推出的AI及居民服务产品将加速营收增长至20%以上 11月中旬的投资者日可能成为催化剂 [2] - UBS将Alliant Energy评级上调至买入 目标价从74美元提升至79美元 公司负荷增长、资本支出增加及监管一致性预计将推动股价上行 [2]

SOL Analysis: Whales Selling, But ETF Hype Could Spark the Next Rally. Photo by BeInCrypto Solana's price is caught between stubborn buyers and active sellers, with neither side backing off. The coin is up 4.5% in the past 24 hours but still down 7% over the month, showing how every bounce gets met with selling pressure. Now, on-chain and chart signals suggest this standoff may be nearing a turning point. Long-Term Sellers Slow Down, Short-Term Traders Shift Gears The Hodler Net Position Change, which t ...

JPMorgan Chase & Co. plans to allow institutional clients to use their holdings of Bitcoin and Ether as collateral for loans by the end of the year in a significant deepening of Wall Street’s crypto integration.The program, offered globally, will rely on a third-party custodian to safeguard the pledged tokens, according to people familiar with the matter. It builds on JPMorgan’s earlier move to accept crypto-linked ETFs as collateral.A JPMorgan spokesperson declined to comment.The expansion underscores how ...

JPMorgan Chase & Co. (NYSE:JPM) is reportedly preparing to let institutional clients use their Bitcoin (BTC-USD) and Ether (ETH-USD) holdings as collateral for loans by year-end. The global program will use a third-party custodian to hold the pledged tokens, Bloomberg ...

JPMorgan Chase & Co. plans to allow institutional clients to use their holdings of Bitcoin and Ether as collateral for loans by the end of the year in a significant deepening of Wall Street’s crypto integration. The program, offered globally, will rely on a third-party custodian to safeguard the pledged tokens, according to people familiar with the matter. It builds on JPMorgan’s earlier move to accept crypto-linked ETFs as collateral. Most Read from Bloomberg A JPMorgan spokesperson declined to comment ...

After months of steady rise to record high, bitcoin’s (BTC) pulse has slowed, with BTC changing hands above $111,000 Friday afternoon, Hong Kong time, up 2% over the last week according to CoinDesk market data. The pullback from the recent peak of over $126,000 is marked by momentum faltering below key cost-basis levels, with capital leaving the spot market and ETFs, alongside defensive options positioning. In a recent report, Glassnode frames the repeated breakdowns below key quantiles as evidence of ma ...

文章核心观点 - 公开上市公司通过转型为数字资产国库公司（DAT）来重塑自身，将购买和持有加密货币作为主要业务，这一趋势吸引了大量资金流入，但关于其可持续性的质疑也在增加 [1][2][4] DAT趋势的兴起与规模 - 今年以来，已有数十亿美元资金流入转型为DAT的公司，超过200家上市公司宣布计划在其资产负债表上持有加密货币 [2] - 此趋势吸引了从不知名到知名投资者的广泛人群 [3] - MicroStrategy是首家DAT，其股价在过去五年中表现最佳，其成功催生了大量模仿者 [7][8] DAT的运作模式 - 上市公司通过发行股票筹集资金，然后使用这些资金购买加密货币，资金通常来自私人投资者，有时与新DAT将囤积的加密货币类型有关联 [6] - DAT模式降低了个人直接管理和购买加密货币的门槛，使其像购买股票一样简单 [8][9] 公司转型DAT的动机与案例 - 对于陷入困境的公司，转型为DAT是重塑品牌、利用不断增长的加密货币市场并筹集新资本的一种方式 [11] - 案例1：Story加密货币项目与Heritage Distilling（一家生产巧克力风味威士忌和薰衣草伏特加的公司）合作成立新的DAT [10] - 案例2：SRM Entertainment（一家销售主题公园小饰品的公司）转型为专注于Tron的DAT，其CEO通过行使股票期权获利超过100万美元 [15][17] - 案例3：Safety Shot（销售一种声称能在30分钟内降低血液酒精含量高达50%的饮料的公司）转型为专注于狗主题模因币Bonk的DAT [18] - 案例4：Alt5 Sigma（一家此前经营家电回收业务和开发止痛药的金融科技公司）承诺购买价值15亿美元的特朗普家族World Liberty Financial代币 [20] 历史先例与潜在风险 - DAT热潮并非首次，在2017-2018年加密货币繁荣期间，多家公司曾转型为区块链公司，例如柯达推出KodakCoin，Long Island Iced Tea更名为Long Blockchain Corp，这些公司股价短期上涨但未能取得持久成功，后者甚至被纳斯达克除牌并有内部交易指控 [23][24][25] - 许多新DAT在经历初始上涨后出现 prolonged stock slides（股价长期下滑） [4] - 有观点认为“我们可能已经过了DAT的峰值” [5] 相关人物与法律监管 - Justin Sun（Tron区块链创始人）是加密货币领域的知名人物，是特朗普家族加密货币项目的关键投资者，但也曾面临SEC指控其市场操纵和不当支付名人推广其加密货币的法律纠纷 [12][13] - Alt5 Sigma的加拿大子公司最近在卢旺达被判犯有洗钱罪，并被指控与前首席财务官合谋向债权人隐藏股票 [22] - SEC计划使专注于利基形式加密货币的交易所交易基金（ETF）更易推出，这可能给近期转型加密货币的公司带来麻烦 [25]

China was once the undisputed center for Bitcoin mining. Known for its cheap power and access to leading hardware manufacturers, all of this positioned China as a leader in global Bitcoin mining. However, this changed when mining was banned by the Chinese government in 2021. In late September 2021, the People’s Bank of China (PBOC) further banned all cryptocurrency transactions. The PBOC cited the role of cryptocurrencies in facilitating financial crime as well as posing a growing risk to China’s financia ...