Latest JP Morgan News

Banks weigh stablecoins as payments competition grows: WSJ

Major banks are evaluating stablecoins as 39 state banking groups develop a blockchain network supporting digital payment products.

1 week ago

SpaceX stock could rise 75% to $240, JPMorgan says

SpaceX stock has gained about 2% after JPMorgan retained its Overweight rating and $240 price target, implying roughly 75% upside from recent trading levels. SpaceX stock gets a $240 price target JPMorgan analyst Doug Anmuth has maintained an Overweight rating…

1 week ago

RIOT stock gains 4.7% as JPMorgan lifts target to $22

RIOT stock has climbed 4.7% to $19.91 after JPMorgan raised its Riot Platforms price target to $22 following the Bitcoin miner’s $9.1 billion data center agreement reportedly involving Anthropic. JPMorgan sees momentum building at Riot Platforms On Aug. 1, JPMorgan…

Aug 17, 2026 at 5:41 PM UTC

JPMorgan ended Polymarket banking relationship in 2025

JPMorgan ended Polymarket’s banking relationship in October 2025 over regulatory concerns, while other ties between the firms continued.

Aug 14, 2026 at 7:09 AM UTC

HashKey wins JPMorgan approval for client funds account

HashKey secured JPMorgan approval for a client funds account, expanding its dollar settlement and customer money segregation network.

Aug 3, 2026 at 9:47 AM UTC

JPMorgan, three US banks challenge stablecoins with shared deposit tokens

JPMorgan Chase, Bank of America, Citigroup and Wells Fargo are developing a shared tokenized deposit network that could bring round-the-clock blockchain payments to the regulated US banking system. Four US banks move tokenized deposits onto one network The Clearing House,…

Jul 28, 2026 at 9:21 PM UTC

KB Kookmin Bank taps Kinexys. Why is the partnership significant for blockchain payments?

KB Kookmin Bank has expanded its blockchain strategy by preparing to launch a Kinexys-powered cross-border corporate payment service next month, becoming the first South Korean bank to use J.P. Morgan’s blockchain payment network for trade settlements. South Korea’s Yonhap News…

Jul 27, 2026 at 7:46 AM UTC

South Korea’s largest bank brings cross-border payments to Kinexys

KB Kookmin Bank will use JPMorgan’s Kinexys for near-real-time U.S. dollar payments across 10 countries, starting in August 2026 for clients

Jul 26, 2026 at 11:55 AM UTC

JPMorgan sees Strategy cash buildup as positive for Bitcoin outlook

Strategy has strengthened its cash position to $3 billion as JPMorgan has identified the move alongside steady bitcoin futures inflows as positive developments for Bitcoin despite continued volatility in spot ETF demand. JPMorgan said in a Wednesday research note that…

BTC Bitcoin

Jul 17, 2026 at 6:40 AM UTC

Mizuho cuts Circle price target to $50 on Open USD margin threat

Mizuho cuts Circle's price target to $50 as Open USD's shared-yield model raises pressure on USDC margins, partner costs and 2027 earnings.

Jul 15, 2026 at 5:34 AM UTC

JPMorgan warns Hyperliquid deal could squeeze Circle and Coinbase

JPMorgan has lowered its earnings forecasts for Circle and Coinbase after a new USDC revenue-sharing agreement with Hyperliquid changed how income from the stablecoin’s reserves will be divided. According to a JPMorgan research note, the revised agreement could reduce the…

Jul 14, 2026 at 10:06 PM UTC

SpaceX set to unlock $4.3B in forced buying with Nasdaq-100 entry

SpaceX has been scheduled to enter the Nasdaq-100 Index on July 7, a move that JPMorgan estimates could generate about $4.3 billion in automatic buying from passive investment funds. According to a Nasdaq announcement, SpaceX will join the Nasdaq-100 before…

Jul 6, 2026 at 4:22 PM UTC