Analysts


Finance

Cash Is Still King, Consumers Would Prefer to Use Money Over CBDCs: Deutsche Bank

44% of respondents in the bank's survey said they would rather use cash then a central bank digital currency and 57% said they would prefer to use a debit or credit card than a CBDC.

Deutsche Bank logo

Markets

Ethereum Is the Microsoft of Blockchains, ETH Underperformance May Reverse Into Year-End: Bitwise

The Ethereum blockchain has the most active developers, the highest number of active users and ether has a market cap that is five times larger than its nearest competitor, the report said.

Vitalik Buterin is the creator and spiritual leader of Ethereum. (Romanpoet/Wikimedia Commons, modified by CoinDesk)

Markets

Bitcoin Mining Profitability Remains at All-Time Lows as Prices Fall, Hashrate Rises, JPMorgan Says

U.S.-listed bitcoin miners fell in the first half of the month as the world's largest cryptocurrency loitered below $60K and the network hashrate returned to pre-halving levels, the report said.

A bitcoin mining farm. (Marko Ahtisaari/Flickr)

Markets

Bitcoin Could Hit $125K by Year-End if Trump Becomes President, $75K if Harris Triumphs: Standard Chartered

Bitcoin is expected to end the year at new all-time highs regardless of who wins the U.S. election, the report said.

Standard Chartered. (Shutterstock)

Markets

Bitcoin Mining Was Significantly Less Profitable in August, Jefferies Says

September could be another difficult month for the miners as bitcoin remains under $60K and the network hashrate continues to rise, the report said.

Alta Novella's turbine room with 40 ASIC bitcoin miners.

Markets

Core Scientific Is Uniquely Placed to Deliver AI Data Center Scale in the Near Term: Bernstein

The bitcoin miner benefits from readily available sites and power, less competition and the ability to hire strong data center talent, the report said.

bitcoin miner (Shutterstock)

Markets

Bitcoin Could Hit $90K by Year End if Trump Becomes President Again: Bernstein

If Kamala Harris wins, the world's largest cryptocurrency could drop to as low as $30K, the report said.

Bitcoin price could be tied to the outcome of the U.S. election, Jefferies said. (Danny Nelson/CoinDesk)

Markets

Crypto Market to Stay Highly Correlated to Stocks Amid Macro Events and Dwindling Network Activities, Citi Says

The network activity has also been falling on Ethereum and stalling on the Bitcoin blockchain, the report said.

Crypto market to stay highly correlated to stocks, Citi says. (Miquel Parera/Unsplash)

Markets

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.

(Shutterstock)

Markets

Crypto Market Has Evolved in the Past Year, Canaccord Says

The digital assets industry has bounced back from the collapse of crypto exchange FTX and returned to growth in the past 12 months, the report said.

Scrabble letters spelling ETF arranged a rack