Hey everyone! 👋 Welcome to today's newsletter. Here's a quick summary of our top stories: - Bitcoin platforms have been provided with banking services at JPMorgan (feature only available to Inside Crypto premium readers).
- The CEO of First Group claims Libra won't achieve its original goal for 10 years (feature only available to Inside Crypto premium readers).
- Crypto Masterclass, featuring Tim Draper, venture capitalist and Bitcoin bull, who thinks a digital dollar and Chinese DC/EP "will bomb."
Just a quick reminder: If you subscribe to our premium content, you'll receive Inside Cryptocurrency ad-free five days a week, along with features like our daily Masterclass, interviews with crypto experts, and the latest studies and reports on crypto. Right now, we're offering 50 percent off of our monthly plan (only 15 slots left!) if you use the promo code Crypto50. Click here to upgrade to premium! Best, | |  Rebecca |  | | |
Bitcoin has declined slightly in value following its block reward halving yesterday; however, it remains above $8,500 at the time of this writing. While its price hasn't jumped much, many have already indicated that its value is unlikely to increase straight away as others call it a "non-event." | Bitcoin | $8,763 | -1.33% | | Ethereum | $190 | +0.60% | | XRP | $0.197 | +0.21% | | Tether | $1.00 | +0.29% | | Top 100 Winner: Unibright | $0.338 | +26.47% | | Top 100 Loser: Crypterium | $0.561 | -10.26% | Prices are as of 2:00 p.m. ET.
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|  ###SECTION:SOCIAL_LINKS:BEGIN### ###SECTION:SOCIAL_LINKS:SOCIAL_BUTTONS:BEGIN###    ###SECTION:SOCIAL_LINKS:SOCIAL_BUTTONS:END### ###SECTION:SOCIAL_LINKS:PERMALINK:BEGIN###  ###SECTION:SOCIAL_LINKS:PERMALINK:END### ###SECTION:SOCIAL_LINKS:END### |  Bitcoin platforms have been provided with banking services at JPMorgan. Two crypto platforms have, reportedly, been taken on by JPMorgan as banking customers, making it the first time that the banking company has taken on crypto customers. | |
|  ###SECTION:SOCIAL_LINKS:BEGIN### ###SECTION:SOCIAL_LINKS:SOCIAL_BUTTONS:BEGIN### ###SECTION:SOCIAL_LINKS:SOCIAL_BUTTONS:END### ###SECTION:SOCIAL_LINKS:PERMALINK:BEGIN### ###SECTION:SOCIAL_LINKS:PERMALINK:END### ###SECTION:SOCIAL_LINKS:END### | The CEO of First Group claims Libra won't achieve its original goal for 10 years. The First Group CEO thinks it'll be a long wait before anything changes for Libra, which was initially seeking a permissionless blockchain. | |
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|  ###SECTION:SOCIAL_LINKS:BEGIN### ###SECTION:SOCIAL_LINKS:SOCIAL_BUTTONS:BEGIN### ###SECTION:SOCIAL_LINKS:SOCIAL_BUTTONS:END### ###SECTION:SOCIAL_LINKS:PERMALINK:BEGIN### ###SECTION:SOCIAL_LINKS:PERMALINK:END### ###SECTION:SOCIAL_LINKS:END### | Crypto Masterclass, featuring Tim Draper. Our Crypto Masterclass feature showcases a well-known thought leader or expert in the crypto space, including their visions and advice for the future. "The whole point of cryptocurrency is that it’s decentralized." Venture capitalist Tim Draper said that even though many people think cash is king, he's of the opinion that Bitcoin reigns as it won't ever... | |
|  ###SECTION:SOCIAL_LINKS:BEGIN### ###SECTION:SOCIAL_LINKS:SOCIAL_BUTTONS:BEGIN### ###SECTION:SOCIAL_LINKS:SOCIAL_BUTTONS:END### ###SECTION:SOCIAL_LINKS:PERMALINK:BEGIN### ###SECTION:SOCIAL_LINKS:PERMALINK:END### ###SECTION:SOCIAL_LINKS:END### |  Lack of security in open blockchains for enterprises, says Salesforce SVP. The senior vice president at Salesforce said that it's hard for companies to put their trust in permissionless blockchains as they don't provide any governance or access controls. | |
 Ethereum 2.0 is still on track for a July launch, says Vitalik Buterin. During CoinDesk's online Consensus: Distributed conference, the co-founder of Ethereum spoke about the progress being made on Eth 2.0, which will change the consensus mechanism to proof-of-stake (PoS), which will replace its proof-of-work (PoW) system. In particular, he said that the testnet for the protocol upgrade was already live and that the first phases had started a week ago. Ethereum 2.0., often known as Serenity, has been subject to delays. It was originally expected in January 2020; however, this was rescheduled for Q2 2020 and then Q3 2020. Developers have penned in a July target, with July 30 seen as the likely date to coincide with Ethereum's fifth birthday. COINDESK 
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 Grammy-winning DJ RAC launches tokenized tape on Zora, an Ethereum-based marketplace. DJ André Allen Anjos, also known by his stage name of RAC, launched the $TAPE token on Zora, marking the platform's first project. The token represents 100 limited-edition cassette tapes featuring RAC's newly-released album, BOY, which can be redeemed for a physical copy of the tapes. This is not RAC's first introduction with cryptocurrency, having first learnt about it in 2016. In 2017, he teamed up with ConsenSys-owned startup Ujo Music and put his album EGO on the Ethereum network. THE BLOCK
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 |  | This newsletter was written and curated by Rebecca Campbell. She has been writing and reporting on various industries for the past 10 years, more specifically tech in the last three. | | | | Editor | Jonathan Harris is a writer for Inside.com. Previously, he wrote for The Huffington Post, TakePart.com, and the YouTube channel What’s Trending. | |
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