JP Morgan Wealth Management CEO Mary Callahan Erdoes in a recent interview with Bloomberg revealed their clients are quite bullish on Bitcoin and they see it as an asset class. Erdoes said several of their clients want to “invest in Bitcoin (BTC)” and they are ready to help them invest their money wherever they like.
Gera Coin launched a few months ago with the ambitious objective of pioneering a new era of cryptocurrency payments for delivery. Since then the project has surpassed expectations time and time again, thrilling investors and its growing community.
Elon Musk said Bitcoin may have now hit its benchmark on renewable energy in a virtual Bitcoin (BTC) event.
The virtual Bitcoin (BTC) event involved Twitter CEO Jack Dorsey, Elon Musk, Ark Invest’s Cathie Wood, and Steve Lee from Square Crypto. During the event, Musk revealed for the first time that SpaceX owns Bitcoin. He also said that Tesla won’t be accepting BTC payments yet after looking into BTC’s sustainability.
Bitcoin and Ethereum witnessed strong gains in the last 24 hours as the overall crypto market cap spiked by more than $100 billion within a single day. Ethereum remained the best performing digital currency among the top 10, with a substantial gain of 8% within the last 24 hours. According to the Coinmarketcap data, Bitcoin’s market cap touched $600 billion on 22 July after BTC crossed $32,000.
On Wednesday, the non-fungible token (NFT) platform called Autograph, co-founded by the Super Bowl champion, Tom Brady, announced a strategic partnership with the companies Draftkings and Lionsgate. Draftkings Inc. also revealed on Wednesday that the publicly listed company is launching an NFT marketplace dedicated to NFT digital collectibles.
DOGE has finally shown signs of strength for the first time in nearly a month mostly due to Elon’s remarks at B Word Conference. Along with the majority of the cryptocurrency market, DOGE has been stuck in a strong downtrend the last 30 days. BTC sweeping below 30K allowed for the crypto market to have a strong bounce off lows. Elon Musk also was featured on a Bitcoin livestream today which he spoke generally positive. Signs show DOGE may be finally starting an uptrend.
Flare Network says it’s giving XRP holders an additional airdrop – and this one is around the corner.
Hugo Philion, co-founder and chief executive of Flare, says the company plans to release a network called Songbird in the next six weeks.
The Australian subsidiary of the leading cryptocurrency exchange Binance has increased the ability for users to accurately report tax liabilities amidst increased pressure from financial regulators. Binance Australia has partnered with cryptocurrency tax startup Koinly to assist users grappling with complicated tax obligations in the country. Binance users in Australia have been offered access to Koinly’s tax reporting solution through the integration.
Following the successful run of its decentralized exchange WSwap on both Polygon and Binance Smart Chain, Wault Finance has just announced its upcoming launch of WUSD, the platform’s new stablecoin. Dubbed a “Commerce-Backed” stablecoin, WUSD will be the first of its kind, enforcing its peg through a completely new framework.
Decentralized derivatives exchange SynFutures announced a new product called Bitcoin (BTC) Hash Rate Futures that uses the biggest cryptocurrency’s ever-changing mining difficulty as a basis to open long or short positions.