Crypto Scenario Insights
What happened
JPMorgan analysts suggest that the broader, long-term threat to Bitcoin and the crypto ecosystem stems not from corporate Bitcoin sales (like MicroStrategy's), but from the increasing adoption of private, permissioned bl…
What we think
JPMorgan's analysis highlights a significant long-term risk: the institutional preference for private, permissioned blockchains could divert capital and liquidity away from public networks like Bitcoin.
Read the analysis
JPMorgan Warns Private Blockchains Pose Greater Risk to Bitcoin Than MSTR Sales
We explain what happened and what could follow. We do not forecast prices.