July 15, 2026
JPMorgan Just Issued a Warning That Could Shake Two Crypto Giants
Key Takeaways: JPMorgan cut earnings forecasts for Circle and Coinbase over the Hyperliquid-USDC deal. Hyperliquid’s revenue-sharing model is squeezing USDC profit margins. USDC adoption is growing, but profitability is under pressure. When a bank the size of JPMorgan cuts earnings for...
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