✅ This week, Bitcoin rose 8.1%, surpassing its historical high several times and at one point almost reaching $100,000, within $500 of the mark 🔼
Weekly news digest:
💎 Crypto
🔸 MicroStrategy announced it had bought another 51,780 BTC worth $4.6 billion during the last week
🔸 A user accidentally sent $129M USDT to a scam address while attempting a transaction
🔸 MicroStrategy announced it has completed a $3 billion offering of convertible notes to buy even more Bitcoin
🔸 Apple confirmed that its devices were left vulnerable to an exploit that leaves crypto users exposed
🔸 Sui blockchain signed a strategic partnership with $1.5 trillion asset manager Franklin Templeton 👋👋
🔸 Polymarket prediction betting market opted to block France-based users
🌀 Crypto Exchanges
🔸 FTX payouts for creditors and clients are expected in March 2025
🔸 Coinbase will delist wBTC in December
🔸 Donald Trump will meet with the CEO of crypto exchange Coinbase
💵 Finances and Economy
🔸 South Korean virtual asset deposit platform Delio was declared bankrupt with $1.75B in assets lost
🔸 Mastercard collaborates with JPMorgan to bring cross-border payments on the blockchain 🌎
🔸 Goldman Sachs is preparing to launch three new tokenization crypto products later this year
⚖️ Law and Order
🔸 CFTC has endorsed using blockchain technology to manage trading collateral in United States derivatives markets
🔸 SEC Chair Gary Gensler plans to fully leave the commission — not just step down as chairman — on Jan. 20
🔸 A judge has tossed out the broker-dealer rule for crypto liquidity providers from the US SEC
🔸 FTX co-founder Gary Wang was sentenced to time served plus forfeiture of assets 🎎
🔸 California judge ruled DAO members liable under partnership laws
🗣 Personalities
🔸 Trump picked pro-crypto hedge fund manager Scott Bessent for Treasury Secretary
🔸 The incoming CEO of banking and investment giant Charles Schwab says "I have not bought crypto, and now I feel silly"
🔸 Shaquille O’Neal has agreed to compensate $11m to investors tied to his embattled Astrals NFT project
🚀 Best performers of the week:
XLM - $0.507 (↑149.8%)
SAND - $0.722 (↑105.6%)
MANA - 0.656 (↑67.6%)
Join our chat 🗯
Weekly news digest:
💎 Crypto
🔸 MicroStrategy announced it had bought another 51,780 BTC worth $4.6 billion during the last week
🔸 A user accidentally sent $129M USDT to a scam address while attempting a transaction
🔸 MicroStrategy announced it has completed a $3 billion offering of convertible notes to buy even more Bitcoin
🔸 Apple confirmed that its devices were left vulnerable to an exploit that leaves crypto users exposed
🔸 Sui blockchain signed a strategic partnership with $1.5 trillion asset manager Franklin Templeton 👋👋
🔸 Polymarket prediction betting market opted to block France-based users
🌀 Crypto Exchanges
🔸 FTX payouts for creditors and clients are expected in March 2025
🔸 Coinbase will delist wBTC in December
🔸 Donald Trump will meet with the CEO of crypto exchange Coinbase
💵 Finances and Economy
🔸 South Korean virtual asset deposit platform Delio was declared bankrupt with $1.75B in assets lost
🔸 Mastercard collaborates with JPMorgan to bring cross-border payments on the blockchain 🌎
🔸 Goldman Sachs is preparing to launch three new tokenization crypto products later this year
⚖️ Law and Order
🔸 CFTC has endorsed using blockchain technology to manage trading collateral in United States derivatives markets
🔸 SEC Chair Gary Gensler plans to fully leave the commission — not just step down as chairman — on Jan. 20
🔸 A judge has tossed out the broker-dealer rule for crypto liquidity providers from the US SEC
🔸 FTX co-founder Gary Wang was sentenced to time served plus forfeiture of assets 🎎
🔸 California judge ruled DAO members liable under partnership laws
🗣 Personalities
🔸 Trump picked pro-crypto hedge fund manager Scott Bessent for Treasury Secretary
🔸 The incoming CEO of banking and investment giant Charles Schwab says "I have not bought crypto, and now I feel silly"
🔸 Shaquille O’Neal has agreed to compensate $11m to investors tied to his embattled Astrals NFT project
🚀 Best performers of the week:
XLM - $0.507 (↑149.8%)
SAND - $0.722 (↑105.6%)
MANA - 0.656 (↑67.6%)
Join our chat 🗯