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- 🌙 JTO Soars Hours Into Airdrop
🌙 JTO Soars Hours Into Airdrop
Jito, a staking project built on Solana, released its JTO token at 11 am ET Thursday. By 11:45 am ET, around 30% of the airdrop had been claimed.
Mike Gavela
December 07, 2023
Crypto Roundup - Dec 6
Jito's launch of its JTO token on the Solana blockchain marks a significant boost to the ecosystem, with the token debuting at $1.20 and anticipated listings on Coinbase and Binance. This move is indicative of a larger trend in token airdrops within the thriving Solana space. In parallel, Block, co-founded by Jack Dorsey, has introduced Bitkey, a self-custody Bitcoin wallet combining mobile and hardware storage, accessible in over 95 countries. The wallet's security features and $150 price tag position it as a significant player in the cryptocurrency storage market. Meanwhile, the SEC's engagement with asset managers on technical details signals the impending approval of spot Bitcoin ETFs, with a flurry of potential acceptances expected between January 8 and 10, 2024.
Top Stories:
Jito Launches JTO Token: Jito releases its JTO token, enhancing the Solana ecosystem, with an opening price of $1.20 and expectations of being listed on major exchanges.
Block's Self-Custody Bitcoin Wallet: Block Inc., co-founded by Jack Dorsey, launches Bitkey, a self-custody Bitcoin wallet accessible in over 95 countries.
Progress on Spot Bitcoin ETFs: The SEC is collaborating with asset managers on the approval of spot Bitcoin ETFs, with multiple applications potentially being greenlit early next year.
TOP STORIES
FUNDRAISES
1/ We couldn’t be more excited to announce the successful close of an $18 million funding round co-led by Polychain Capital (@polychain) and Hack VC (@hack_vc ) for the Babylon #Bitcoin Staking Protocol!
coindesk.com/business/2023/…
— Babylon (@babylon_chain)
2:19 PM • Dec 7, 2023
1) We're excited to announce our $5M funding, led by @coinfund_io . This investment boosts our team expansion, infrastructure, and ecosystem growth. Read on to find out more...
— Sindri (@SindriLabs)
4:13 PM • Dec 7, 2023
OTHER HEADLINES
CRYPTO TWITTER (X)
$ETH has been pretty stable around 20% market dominance. If you think the total market cap hits $10 trillion this cycle, that’s $16K per $ETH
I think 20% market dominance is the bear case btw.
Could easily see it go to 50% dominance or $40K per $ETH
— Uncle ⌐◧-◧ (@UncleRewards)
7:49 PM • Dec 7, 2023
"If I was the government, I'd close it down"
That was Jamie Dimon, the most powerful banker in the world saying the US government should shut down a peer-to-peer money system.
He said the only people who use crypto are criminals.
I guess almost 15% of Americans are criminals.… twitter.com/i/web/status/1…
— RYAN SΞAN ADAMS - rsa.eth (@RyanSAdams)
10:44 PM • Dec 7, 2023
9,852 addresses claimed between $9.8k and $208k from the Jito airdrop today
All you had to do to qualify for tier 1 was play around with $40 onchain, and you walked away with $9,882 a few months later
This is a "bring people back into crypto moment"
Long live Jito
— Dan Smith (@smyyguy)
5:28 PM • Dec 7, 2023
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