JPMorgan: Bitcoin is trading above fair value. What does this indicate?

Hello everyone! The global crypto market cap is $2.02 trillion with a 24-hour volume of $83.53 billio

CryptoSlate Newsletter @cryptoslate

Hello everyone! The global crypto market cap is $2.02 trillion with a 24-hour volume of $83.53 billion. The price of Bitcoin is $43,838.61 and the BTC dominance is at 41.2%.

JPMorgan: Bitcoin is trading above fair value. What does this indicate? Investment bank JPMorgan has calculated Bitcoin's fair value at $38,000. cryptoslate.com

Shiba Inu introduces real estate in doggy Metaverse Owning real estate in different metaverse worlds is becoming increasingly popular with soaring prices for parcels, plots and other types of land pieces in blockchain metaverse worlds like Decentraland and Sandbox. cryptoslate.com

This new booking platform on Solana is aiming to disrupt the music industry GIGCO, a brand-new music platform built on Solana, recently announced its public IDO token sale to be hosted through Solana's first decentralized developer ecosystem–SolRazr launchpad. cryptoslate.com

Cardano won't be a part of bringing democratized broadband internet to millions of Africans after all Africa-focused startup 3air has announced leaving Cardano to build its internet connectivity platform on the SKALE mainnet. cryptoslate.com

US Department of Justice nabs couple for allegedly trying to launder $3.6 million worth of Bitcoin The US Department of Justice announced Tuesday that the law enforcement authorities have captured a married couple linked to the Bitfinex crypto exchange hack incident in 2016.  The married couple, Ilya Lichtenstein, 34, and his Wife Heather Morgan 31 were arrested by US law enforcement and are accused of allegedly trying to launder Bitcoin funds […] cryptoslate.com

Intro to Arweave, a blockchain cloud storage platform Arweave is a decentralized cloud storage solution that aims to upend the traditional storage market using blockchain with the option of one-time payments plus added security benefits. cryptoslate.com

Over $6 billion has been lost to just two crypto scams Scams were among the leading causes of cryptocurrency deaths, accounting for over 500 doomed coins so far. cryptoslate.com

If Russia regulates the market, Moscow could pocket $13 billion in crypto tax each year While Moscow continues weighing its options for regulating cryptocurrencies, preliminary estimates suggest that Russian authorities could collect up to $13 billion (1 trillion rubles) from taxing the market, according to The Bell. cryptoslate.com

Football club Manchester United "1992 legends" to create sports DAO Two former Manchester United football stars, Gary Neville and Paul Scholes, are launching a sport-focused decentralized autonomous organization (DAO) with two Singaporean billionaires. cryptoslate.com

New tax proposal in Kazakhstan could push crypto miners out Kazakhstan may soon prove to be a hostile location for crypto miners as the Asian country's government has proposed a hike in its electricity tariff and taxes for crypto miners. cryptoslate.com

Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. Start Earning Interest with Nexo 🔥 Trending Sectors 🚜 DeFi Tokens 🕸 DEX Coins 📈 Biggest Gainers 💵 Stablecoins 🔴 Polkadot Ecosystem ⚛️ Cosmos Ecosystem 👨🏻‍🌾 Yield Farming Coins 🖼 NFT Coins 🔮 Oracle Tokens ⛓ Binance Smart Chain Ecosystem Crypto market data For more pertinent market data, please see: 🌚 Cryptocurrency Rankings 📈 Biggest Gainers - 24h 📉 Biggest Losers - 24h 💰 Highest Volume - 24h 🆕 Recently Added Coins

Did you enjoy this issue? Yes No CryptoSlate Newsletter @cryptoslate Daily summary of the most important stories in crypto, Web3, DeFi, NFTs and more.

In order to unsubscribe, click here. If you were forwarded this newsletter and you like it, you can subscribe here. Created with Revue by Twitter.