JPMorgan: Blockchain applications shifting toward permissioned chains and unified ledgers pose structural risks to bitcoin

AiCoin2026/07/09 15:50

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According to The Block, JPMorgan analysts pointed out that Strategy's recent sale of Bitcoin and its BTC liquidation plan have brought short-term selling pressure, but the bigger risk lies in blockchain applications shifting toward banks' self-developed or regulator-friendly permissioned blockchains and unified ledgers. If tokenized deposits, the SWIFT blockchain project, and central bank digital currencies are implemented within traditional financial infrastructure, the activity, liquidity, and capital flow of public blockchains and tokens will be weakened, and the demand for stablecoins will be partially replaced by banks’ tokenized deposits, resulting in suppressed performance for Bitcoin.

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The White House has canceled the previously scheduled President’s Council of Advisors on Science and Technology meeting, which was set for Friday and includes prominent tech leaders such as Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg. The Department of Energy's meeting page briefly listed November 13 as the new meeting date, but the agency later sent an email retracting this information. Currently, the specific date for rescheduling the meeting remains unclear.

华尔街见闻•2026/11/06 23:26