With news of tariffs roiling financial marekts and raising concerns among investors about the outlook for the US economy, JPMorgan strategists have warned of the risk of falling short of their early-year gains forecast for US stocks. JPMorgan maintained its forecast for the S & P 500's year-end target of 6,500, but warned of a "significant standard error". The target means the S & P 500 has about 13 per cent of the year-end upside from Thursday's close of 5,738.52.
According to JPMorgan, there is less than a 50% chance that the U.S. strategic cryptocurrency reserve will be approved, and tokens like XRP, Solana (SOL), and Cardano (ADA) are unlikely to be included. Nikolaos Panigirtzoglou, managing director of global market strategy at JPMorgan Chase, said in an interview: "We don't think approval of the US strategic cryptocurrency reserve is the most likely scenario [assuming congressional approval is required]. So we think it's less than 50 per cent likely...
JPMorgan Chase said that bitcoin will continue to be under pressure in the short term.
JPMorgan Chase's head of market intelligence said that while U.S. stocks are cheering the lull in tariff pressure, real risks are still accumulating. Click to view...
Analysts at JP Morgan wrote in their latest cryptocurrency report that the combined market capitalization of 14 of the top publicly traded U.S. miners fell by 22 percent -- $6 billion -- in February alone. Companies tracked by the top investment bank include Core Scientific, Greenidge, and MARA Holdings, among others. The JPMorgan report also pointed to a decline in revenue for these companies, with analysts at the bank predicting that bitcoin miners earned an average of $54,300 per EH/s in dail...
The net purchase amount of southbound funds reached 11 billion yuan.
According to Lookonchain, Bybit has purchased 266,694 ETH ($742 million) since the hack. Among them, 0x2E45... 1b77 (related to Bybit) purchased 157,660 ETH (437.82 million USD) from Galaxy Digital, FalconX, Wintermute via OTC. 0Xd7CF... A995 (possibly related to Bybit) bought 109,033 ETH ($304.12 million) from DEX and CEX.
On February 23rd, the Central Committee of the Communist Party of China and the State Council issued opinions on further deepening rural reform and solidly promoting the comprehensive revitalization of rural areas. The opinions put forward that we should solidly do a good job in the confirmation, registration and issuance of the rights of housing bases integrated with real estate and land. Explore the effective realization forms of the housing legally owned by farmers through leasing, equity inv...
China's central bank: today 125 billion yuan 7-day reverse repurchase operation, win the bidding interest rate of 1.50%, the same as before.
On February 20th, the People's Bank of China launched a 7-day reverse repurchase operation of 125 billion yuan today. Because 125.80 billion yuan 7-day reverse repurchase expired today, a net refund of 800 million yuan was achieved on the same day. To see the flow of funds in the open market, go to "Database - Bank of China Data" to view
On February 18th, according to JPMorgan research, since Trump returned to office, the number of market-impacting posts from social media has decreased significantly. Compared with his first term, only 10% of the 126 posts Trump posted on sensitive topics such as trade tariffs, foreign relations and the economy led to...
The net purchase amount of southbound funds reached 10 billion yuan.
On February 15, according to Onchain Lens monitoring, just as the community was chasing $LIBRA, a new wallet spent 1,560 $BNB (worth $1.02 million) 11 hours ago to buy 10.16 million $BROCCOLI.
The net purchase amount of southbound funds reached 5 billion yuan.
According to Lookonchain, a whale paid $2.54 million for two types of memecoin (Broccoli) named after CZ's dog. Currently, one of the memecoins is making $530,000 (up 24.7%), while the other is losing $302,400 (down 68.1%).