JPMorgan is bullish on crypto staking ahead of ETH 2.0 launchThe global crypto market cap is $1.38 trillion with a 24-hour volume of $80.62 billion. The price of Bitcoin is $33,593.87 and the BTC dominance is at 45.5%.
by Shaurya Malwa Analysts at US bank JPMorgan foresee staking to become a multi-billion market as environmental concerns come into play for top cryptos like Bitcoin, they wrote in a recent report to clients. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. More news ⏬‘Bitcoin Mining Council’ says 56% of all mining is sustainableThe Bitcoin Mining Council, a self-regulating group they aren’t ‘responsible” that assesses Bitcoin mining companies and mining activities, has revealed the result of its Q2 findings based on electricity consumption and sustainable power mix. Why this crypto VC bet on DeFi cross-chain liquidity tool Unbound FinancePaul Veradittakit, a partner at crypto venture fund Pantera Capital, explained why the team invested in cross-chain liquidity protocol Unbound Finance in a post yesterday. Free DOGE? New game touts million Dogecoin up for grabsAn augmented reality mobile game titled Million Doge Disco, which will entice players to earn Dogecoin (DOGE) and interactive non-fungible tokens (NFTs) while playing, launches this week. Two Japanese firms turn to Ripple (XRP) tech to power remittancesSBI Remit, a subsidiary of Japanese financial and services conglomerate SBI, and Hamamatsu Iwata Credit Bank, a regional credit union, will soon use Ripple for powering remittance services. The intrinsic value of crypto beyond the financial cyclesOver the past three years of operation, my colleagues at ARPA and I have had the opportunity to reflect in-depth on the nature of blockchain technology and its applications. Algorand (ALGO) is all set to get institutional custodian support via CopperCopper, a crypto custodian firm, has revealed that it will now be offering support to ALGO, the token of Algorand blockchain, and its other product, better known as Algorand Standard Assets (ASAs). Little known ‘Baby Doge Coin’ jumps 100% after Musk tweetElon Musk tweeted about the recently launched Baby Doge Coin token leading to a huge price spike. Ethereum token ‘WhaleFarm’ drops 99% in latest DeFi scam. Team steals $2 millionDecentralized finance (DeFi) project WhaleFarm joins the fast-growing list of exit scams, hijacking millions as its native token’s value plummeted by almost 100% in minutes. Novogratz: China’s Bitcoin (BTC) ban was a positive in many waysIn a recent interview, Galaxy Digital CEO Mike Novogratz said Bitcoin had shown resilience in the face of FUD coming out of China. Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🔥 Trending Sectors
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