Cryptocurrency Ethereum’s Value Reaches a New Summit: Report
According to a report of Bloomberg, the EIB is proposing to issue a two-year 100-million euro digital bond, with the sale to be led by Goldman Sachs, Banco Santander, and Societe Generale. The head of revenue at SFOX (a full-service crypto broker), Danny Kim said, Ethereum also acts as an investor and utilizes the tokens to purchase virtual art or land, in the form of non-fungible tokens (NFTs), on platforms like SuperRare and Decentraland. Recently, most of the digital currencies got a boost in the stock market after reports that JPMorgan Chase (JPM.N) is intending to offer a managed bitcoin fund. Bitcoin, the world’s largest cryptocurrency with more than $1 trillion in market capitalization, regained the $50,000 mark in terms of value this week. However, cryptos also witnessed a decline after U.S. President Joe Biden shared his plans to impose capital gains taxes, which has the potential to stop investments in blockchain. Check out? Elon Musk turns his supports towards another currency after Bitcoin
