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Ethereum Upgrades Could Jumpstart $40 Billion Staking Industry, JP Morgan

Ethereum Upgrades Could Jumpstart $40 Billion Staking Industry, JP Morgan
Reading Time: 3 mins read
Ethereum upgrades could jumpstart a $40 billion staking industry, according to a JP Morgan report. JP Morgan estimates that the staking industry is currently worth $9 billion and that this number could balloon to $40 billion by 2025.
The report speculates that the launch of ETH 2.0 would lead to more adoption of the coin and could increase staking payouts to $20 billion in the first years of the launch. While $40 billion is a number that could be reached by 2025.
Introducing Ehereum 2.0
ETH 2.0 is an upgrade to the Ethereum network that will help to improve network security and provide more scalability. ETH 2.0 aims to improve the overall efficiency of the network by introducing sharding to the mix. Sharding is simply a process of splitting a database into smaller pieces so the network is better able to accommodate more load. ....

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Scaramucci's Skybridge Capital Launches Ethereum Fund

Scaramucci’s Skybridge Capital Launches Ethereum Fund
Reading Time: 3 mins read
The CEO of Skybridge Capital, Anthony Scaramucci, has announced that the firm will launch an Ethereum fund. The fund is planned to be a private fund. Alongside this, Skybridge Capital has filed for an Ether ETF with the SEC. The fund already has a pending Bitcoin ETF filed with the SEC.
Anthony Scaramucci was on The Scoop podcast to talk about his bitcoin journey and the fund’s crypto game plan going forward. The fund had made the news late last year when it announced that it had invested $182 million in bitcoin. ....

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