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🚀 Beep, beep, are you ready to place your bids for this pricey NFT?🎨

HODL on and have a great weekend, Geckos!    Auction house Christie's hosted their first-ever sale of purely digital artwork this week.   Bidding for an NFT titled 'Everydays' by digital artist Beeple reached $1 million just within the first 10 minutes of the sale.   Embracing the rise of digital art in the form of NFTs, Christie's is also accepting bids in Ethereum for this auction.   There are 14 days remaining until the Beeple piece goes under the hammer, which means the price could very well climb higher.   In today's news, JP Morgan endorses Bitcoin (BTC) to clients, Kraken might see a $10 billion valuation and 1inch (1INCH) is expanding to Binance Smart Chain.   We've also recently published a new article on our buzz page which talks about Fixed Interest Rate Protocols (FIRPs). Do check it out if you want to learn more about this upcoming DeFi niche!   Read on!

24h Hot Searches Worldwide 👀 1inch                   (+26.3%) Ditto                    (+3.1%) SuperFarm         (-16.1%) Trustswap          (+26.5%)  Phala Network  (-23.3%)  NFTX                   (-16.5%)  Polygon              (-9.4%)

CoinGecko is proud to announce the launch of our "How to Bitcoin" book! Written for beginners, it is packed with easy-to-understand analogies and step-by-step guides to help you understand the basics and start your crypto journey on the right foot. Get Your Copy Here! Bitcoin Gets JP Morgan's Endorsement   Strategists at JPM have suggested that a 1% portfolio allocation to Bitcoin can serve as a hedge against fluctuations in traditional asset classes such as stocks and bonds.   The endorsement gains its momentum from recent major investments made by prominent firms such as MicroStrategy and Tesla, in addition to BNY Mellon's plans to hold and issue the digital asset for its clients.   Though the cryptocurrency is seeing a price correction, the market is still undoubtedly bullish for Bitcoin as institutional investors continue to load up.   Cointelegraph The Awakening of Kraken   Kraken is seeking to raise new capital in a move that allows the company's valuation to see a meteoric rise to $10 billion or more.   The crypto exchange is currently negotiating with top investors Fidelity and Tribe Capital and General Atlantic.   This comes less than one week after many of Kraken's users threatened legal action over a glitch that priced Ether (ETH) at $700 which triggered bloodshed liquidations on the platform, whilst rival exchanges saw ETH above $1300.   Cointelegraph We're 1inch Closer to Lower Gas Fees   Previously an Ethereum-native, the DEX aggregator is now live on Binance Smart Chain (BSC) - a move that directly alleviates the ailments of high gas costs on the Ethereum network.   The team announced that it ported 10 million 1INCH tokens to BSC, which then will be used as a liquidity bridge between Ethereum and BSC.   1inch users will now get access to PancakeSwap (CAKE), BakerySwap (BAKE), Venus (XVS), BurgerSwap (BURGER), and other BSC-based DEXs and lending protocols.   CoinDesk

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