The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
JPMorgan analysts said fourth-quarter trends look strong, setting grounds for a 'much more constructive' trading environment for Bullish.
Retail investors have sold about $4 billion of spot BTC and ETH ETFs in November — the main driver of the latest crypto market correction.
The bank said billions in passive flows could unwind if MSCI removes Strategy from major equity benchmarks, heightening pressure on the bitcoin-levered firm.
An analyst has sounded the alarm on what could become one of the most explosive rally in XRP’s history. As the cryptocurrency prepares for its long-awaited Exchange-Traded Fund (ETF) debut, the balance of XRP on major exchanges continues to decline. Analysts are warning that an impending supply crisis could spark a significant surge in the XRP price, which is currently more than 34% below its all-time high levels. XRP Supply Shortage To Trigger Parabolic Surge Amidst ongoing market volatility and whale capitulation, crypto market expert Arthur remains positive about XRP, drawing attention to a series of on-chain developments that could mark the beginning of a parabolic upward move. In his post on X social media, the analyst emphasized that an XRP could soon see a supply crisis, which may ignite its next price explosion. Related Reading: Pundit Reveals Final Nail In The Coffin For XRP, What This Means According to recent chart data from CryptoQuant, XRP reserves on Binance have fallen to about 2.79 million tokens, marking a sustained decline that began in early 2025. The chart also shows that while XRP’s price has remained relatively stable between $2 and $3, the available supply on almost all major cryptocurrency exchanges has continued to decline drastically. Arthur has revealed that this signals a growing imbalance between supply and demand, which could set the foundation for a bullish move. Arthur has also referenced a prediction made by JPMorgan analysts, who estimated that between $4 to $8 billion could flow into the upcoming XRP Spot ETFs once they launch in the market. This projection indicates confidence in XRP’s future institutional demand and interest as a legitimate digital asset class. The analyst has suggested that increased ETF demand from institutions, combined with limited liquidity, could create a “perfect storm” for a price breakout of XRP. Additionally, the analyst has revealed that the XRP ETF could also see a surge in retail demand, contributing to its projected price appreciation. Currently, reports indicate that approval of XRP Spot ETFs by the US Securities and Exchange Commission (SEC) is still pending. However, prominent analysts like Nate Geraci remain confident that these investment products will be launched soon. Binance XRP Reserve Data Shows Steady Losses Delving deeper into XRP’s supply on exchanges, CryptoQuant’s data shows that the cryptocurrency’s reserve on Binance is sitting at approximately 2.785 billion tokens as of November 12, 2025. Notably, this marks a decrease of over 10 million tokens from the previous day, when 2.795 billion XRP was recorded. Since the beginning of November, Binance’s XRP balance has been declining, hovering just above the 2.7 billion token threshold. Related Reading: $300 Million Worth Of XRP On The Move – Where Are They Headed? Earlier in October, reserves dipped to 2.74 billion tokens, one of the lowest levels recorded in almost a year. While balances briefly rebounded in mid-October, the latest data shows a renewed downward trajectory, suggesting that selling pressure may have eased and accumulation could be taking place off exchanges. Featured image from iStock, chart from Tradingview.com
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin’s downside from current levels appears to be “very limited,” according to JPMorgan, which sees its support price at around $94,000.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Unlike stablecoins, deposit tokens are digital claims on existing bank funds and can be interest-bearing, offering a new option for institutional investors.
The framework could potentially enable round-the-clock transfers of tokenized deposits across public and permissioned blockchain networks.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Wall Street bank lifted its HOOD price target to $130 and reiterated its neutral rating on the stock.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin could climb to around $170,000 over the next 6–12 months based on its volatility-adjusted comparison to gold, according to JPMorgan.
A prominent crypto commentator known as Remi Relief has expanded on theories linking Ripple, SWIFT, and the global banking system to the long-term valuation of XRP. His post on the social media platform X came in response to a discussion initiated by well-known analyst Paul Barron, who questioned whether Ripple’s strategy has always been to bridge the increasingly fragmented world of bank-issued stablecoins. The idea brings attention to XRP’s utility in facilitating liquidity between institutional networks, with Remi Relief noting that this could push the XRP price to $1,000. The Ripple/SWIFT Dual-System Theories Remi Relief proposed that the global payment structure could split into two interconnected systems where both ultimately rely on XRP for settlement and support the cryptocurrency’s price at $1,000. The first theory proposes a revamped version of SWIFT that would retain much of its existing framework but incorporate blockchain-based assets such as XRP, XDC, HBAR, and Chainlink to achieve faster transaction speeds and improved efficiency. Despite these upgrades, it would still face skepticism from some financial institutions due to it being weaponized in the past. Related Reading: Ripple CTO Stacks XRP Ledger Against Other Blockchains, What’s The Catch? The second theory is the setup of a new Ripple-based network built in collaboration with Thunes, which would function as a more trusted and independent channel for cross-border payments. This system would be much quicker, much cheaper and more trusted by countries. In Remi’s view, both models would coexist for a time, giving banks and governments the freedom to choose based on transaction scale, cost, and reliability. However, he believes that the Ripple-Thunes system will later gain dominance and overtake SWIFT as more and more banks use that system. Regardless of which of the two theories prevails, Remi Relief pointed out that both have the potential to lead to a $1,000 XRP more quickly than most people think. Paul Barron’s Perspective On Institutional Stablecoins Paul Barron’s initial post that prompted Remi Relief’s response is based on the growing race among major banks to issue their own stablecoins. He pointed out that while SWIFT continues to promote neutral rails, banks like JPMorgan, Bank of America, Citi, and Wells Fargo are developing US-based consortium stablecoins. Similarly, European institutions such as ING and Deutsche Bank plan to launch euro-denominated versions by 2026. Related Reading: High Liquidity At This Level Could Send The XRP Price Surging Soon Barron warned that this trend toward proprietary stablecoin systems would fragment the global financial network even further and create walled gardens where each bank’s stablecoin operates in isolation. In his view, such fragmentation will bring out the original purpose of XRP, and this might have been the plan of Ripple CEO Brad Garlinghouse all along. The plan has always been to use XRP as a bridge asset capable of allowing interoperability between otherwise disconnected financial ecosystems. This function aligns with Ripple’s long-standing vision for the XRP Ledger as a neutral settlement layer for easy cross-border value transfer between different digital and fiat systems. At the time of writing, XRP is trading at $2.41 and is a long way away from trading at $1,000. Featured image from Freepik, chart from Tradingview.com
The monthly average network hashrate, a proxy for competition in the industry and mining difficulty, rose 5% to 1,082 EH/s.
USDC's market cap has surged 72% since January to $74 billion, far outpacing USDT's 32% growth, JPMorgan said.
Kinexys Fund Flow, developed by the bank's digital asset arm Kinexys, aims to streamline access to alternative funds.
USDC leapfrogged USDT in onchain activity as regulatory clarity pushes investors toward transparent and compliant stablecoins.
After years of tension between crypto and traditional finance, a symbolic shift is taking shape inside the world’s largest bank. JPMorgan Chase & Co. is reportedly preparing to let institutional clients use Bitcoin and Ethereum as collateral for cash loans. This means the bank’s borrowers can pledge the two top cryptocurrencies by market capitalization, which […]
The post How JPMorgan’s Bitcoin collateral plan could unlock $20 billion in liquidity appeared first on CryptoSlate.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Analysts from the banking giant upgraded Coinbase to overweight from neutral and raised its price target on the stock to $404 from $342.
The tokens pledged under the global program will be safeguarded by a third-party custodian.
JPMorgan will allow institutional clients to post BTC and ETH as collateral for loans by year-end, building on prior ETF collateral programs.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
As bitcoin miners allocate more resources to AI computing, the growth in bitcoin’s network hashrate is likely to slow, according to JPMorgan.
Limited bitcoin outflows and heavier ether selling pointed to crypto-native liquidations as the driver of the drop.
The correction in crypto markets, which involved massive liquidations, was likely driven by crypto native investors, according to JPM.
The total market cap of the 14 U.S.-listed bitcoin miners that the bank covers rose 41% from the end of last month to a record $79 billion.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.