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JPMorgan warns private blockchains like Kinexys may challenge Bitcoin's dominance, not market sell-offs.

Market News
10 Jul 2026
Cointribune
View Source
Neutral
JPMorgan warns private blockchains like Kinexys may challenge Bitcoin's dominance, not market sell-offs.

JPMorgan analysts argue that recent Bitcoin sell-offs by major holders are temporary and not the main threat to the cryptocurrency. Instead, the bank highlights the rise of private blockchains such as Kinexys, which are gaining traction among institutional investors due to compliance and security advantages. This shift could reduce transaction volumes on public blockchains like Bitcoin and Ethereum, potentially marginalizing them in global finance. However, technological advances in interoperability may allow coexistence between private and public blockchain systems in the future.

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Pacira BioSciences downgraded after Viatris announces $1.65B acquisition deal.

Pacira BioSciences downgraded after Viatris announces $1.65B acquisition deal.

Pacira BioSciences was downgraded from Buy to Hold by Needham following Viatris's announcement to acquire the company for $36.50 per share, valuing it at about $1.65 billion. The deal is expected to close by late 2026 and will enhance Viatris's portf...

Market News
Neutral
33 minutes ago
Analyst raises Shopify price target to $180 amid strong e-commerce rally and Meta partnership

Analyst raises Shopify price target to $180 amid strong e-commerce rally and Meta partnership

Seaport Global increased Shopify's price target from $175 to $180, reflecting an 8.3% upside from the current price of $166.16. Shopify's shares have surged 80% since May, pushing its market value above $205 billion. The rally is driven by a strategi...

Analyst Insights
Bullish
1 hour ago
Tesco beats earnings estimates, raises profit forecast, and ups share buyback to £950M

Tesco beats earnings estimates, raises profit forecast, and ups share buyback to £950M

Tesco reported earnings per share of $0.69, beating estimates of $0.64, despite revenue falling short at $44.60 billion versus $49.60 billion expected. The UK supermarket raised its full-year adjusted operating profit forecast to £3.15-3.30 billion, ...

Company Fundamentals
Bullish
1 hour ago
CIQ launches Fuzzball 4.3 for easy AI model deployment on existing GPU infrastructure

CIQ launches Fuzzball 4.3 for easy AI model deployment on existing GPU infrastructure

CIQ has released Fuzzball 4.3, a platform that enables enterprises to deploy validated open-weight AI models and agents on their existing GPU infrastructure with a single command. This update simplifies operationalizing AI by automatically connecting...

Market News
Bullish
1 hour ago
Societe Generale reports 739 million shares and 821 million voting rights as of Sept 30, 2026.

Societe Generale reports 739 million shares and 821 million voting rights as of Sept 30, 2026.

As of September 30, 2026, Societe Generale's share capital consists of 739,264,232 shares with a total of 821,169,560 voting rights. The bank highlights its strong global presence with 110,000 employees serving 27 million clients across 58 countries....

Company Fundamentals
Neutral
1 hour ago
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