Newsletter Subject

Crypto staking reaches new heights

From

ledger.com

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communications@news.ledger.com

Sent On

Fri, Oct 27, 2023 04:39 PM

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Check the best trends & indicators With Ledger Recover, never worry about getting locked out of your

Check the best trends & indicators [View in Browser]( [Ledger Recover, provided by Coincover, is here!]( With Ledger Recover, never worry about getting locked out of your wallet. This video will walk you through how our new solution operates in detail: Subscription to Ledger Recover is not automatic. In order to subscribe, you have to pay for a subscription and approve the creation of your backup on your [Ledger Nano X](. If you have any questions, [please read the FAQs.]( [Back Up Your Wallet Now →](   [Bitcoin price hits all-time-records in Turkey and Nigeria as inflation national currencies decline.]( Soaring inflationary pressures and sliding purchasing powers have likely turbo-charged Bitcoin prices in these countries where crypto adoption rates are particularly high. “As of Friday morning, bitcoin traded at 9.6 million against lira (TRY) and 27.4 million against naira (NGN), extending monthly gains to as much as 30% in local currency terms,” as Coindesk outlines. [The 5th Bull Market “has further to run,” argues a crypto analyst.]( Bitcoin (BTC) has experienced its best week in 18 months despite slightly retracing in the past 24 hours, as investors have grown excited about the prospect of being able to buy bitcoin funds through traditional stock exchanges, and as optimism over an approaching Bitcoin ETF keeps rising. Bitcoin and Ether are respectively up 14% and 11% over the past week, only surpassed by meme coins surge which have also benefited from the trend. [Manage your Bitcoin →](     → [455 exahashes / second]( The hashrate, a measure of the processing power being contributed to the Bitcoin network, hit by Bitcoin on October 12, doubling since the beginning of the year, a new record for the network. → [52.4%]( The average stake rate for the top 35 stakable altcoins reached in Q3 2023, an all-time high despite bear market conditions. This level marks a rise from 49.3% in the preceding quarter. In other words, more tokens than ever are being staked. → [$1 Billion]( The value processed by J.P. Morgan on a daily basis through its stablecoin, JPM Coin, for a certain number of large companies. Per J.P Morgan’s head of payments, the next step would be to create a retail version of the asset.  [Stake Your Assets Now →](    Ledger Academy [added an explanation of Bitcoin Mining]( a consensus mechanism at the heart of proof-of-work systems.  Bitcoin self-custody for individuals is great, but what does it mean for organizations? [Our CTO Charles Guillemet penned an easy-to-read guide.](  Digital wallets - there are several types out there. But do you know how they differ? [Take our latest Ledger Quest to find out.]( [Ledger]( Follow us on: [Ledger YouTube]( [Ledger Twitter]( [Ledger Instagram]( [Ledger Facebook]( [Ledger TikTok](ledger) & listen to our podcast [here](. This email was sent to you because you signed up at Ledger.com or purchased a Ledger product. We respect your right to privacy. Read our [Privacy Policy]( and [Cookie Policy](. © Ledger SAS. All rights reserved. Ledger brands are registered trademarks of Ledger SAS. Ledger SAS, 1 rue du Mail, 75002 Paris To unsubscribe from future emails or to update your email preferences, [click here](NAME}L86DBG?a=n&i=n&elqTrackId=7e9bde660abe4ef6aae1d6d4dcc02590&elq=42edd8f316364d49bfa9fb2901a5b2d6&elqaid=746&elqat=1&elqCampaignId=318).

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