The Daily: JPMorgan’s BTC and ETH pledge, Polymarket’s token and airdrop plans, OG bitcoin miner’s 14-year dormancy ends, and more
JPMorgan plans to allow institutional clients to use BTC and ETH as loan collateral, Polymarket confirmed its token launch, and an old Bitcoin miner wallet reactivated.Summary
The Daily newsletter highlights several key developments in the crypto space. JPMorgan is reportedly set to allow institutional clients globally to pledge Bitcoin and Ether as loan collateral by the end of 2025, building on its existing acceptance of crypto-linked ETFs. Polymarket's CMO confirmed plans for a native POLY token and an airdrop, though the company is prioritizing the relaunch of its U.S. app first. Additionally, an early Bitcoin miner wallet, dormant for 14 years and holding 4,000 BTC, moved a portion of its holdings, adding to a trend of Satoshi-era wallets becoming active. Other news includes President Trump defending his potential pardon of Changpeng Zhao and major crypto firms like Coinbase and Ripple donating to Trump's new White House ballroom project.
(Source：The Block)