Episode 477
📍 Bitcoin staking platform Core partners with crypto lender Maple and custodians BitGo, Copper, and Hex Trust to offer institutional participants yield on bitcoin holdings.
📍 Core's IstBTC token allows institutional investors to earn yield on bitcoin without disrupting existing custody arrangements, while Maple will issue a liquid staking token for use as collateral in DeFi applications.
📍 A programmer burned and donated $7 million worth of Ethereum as a protest against alleged "brain-control" manipulation, inscribing unusual messages on the blockchain and sparking a frenzy among Crypto Twitter users.
📍 Global investment firm Bernstein predicts a continued bitcoin bull run as institutions load up, citing adoption by banks, investors, and sovereigns, with a potential price target of $200,000 per coin by the end of 2025.
📍 Bernstein's report highlights significant institutional investment in bitcoin ETFs, including a $436 million purchase by Abu Dhabi's sovereign wealth fund, as a bullish indicator for the asset's future growth.
