ββWall Street Weekly Digest π―
π Bitcoin recovered 5% over the week as inflows returned to spot ETFs.
The S&P 500 has again rewritten its maximum, and there are almost no bears left in the stock market.
Cryptocurrencies ππ»
π Keith sold 17,770 ETH for $62.24 million at the rate of $3,500, which he bought in 2017 at an average price of $182.
π The number of validators in the Ethereum network has exceeded 1 million.
π Study: The Tron network accounts for 45% of all illegal crypto transactions.
π Investment company Bitwise has submitted an application for a spot ETH ETF.
Crypto exchanges ππ»
π Curly Sam was found guilty of fraud and sentenced to 25 years in prison.
π US authorities have brought charges against the KuCoin crypto exchange for money laundering.
π Binance has joined to the international anti-money laundering organization Global Travel Rule Alliance
Financial news ππ»
π The price of gold has rewritten ATH β $2,233
π The price of cocoa exceeded for the first time in history $10k per ton.
π Deliveries in February iPhone to China fell by 33%
π According to the final calculation, US GDP for the fourth quarter of 2024 grew by 3.4%
Regulation ππ»
π The EU is conducting an investigation against Apple, Alphabet and Meta due to possible violation of the Digital Markets Act.
π The adoption of laws on the regulation of cryptocurrencies in Ukraine has been postponed until the end of the year on the recommendation of the IMF.
π SEC demands a fine of $2 billion from Ripple.
Technologies ππ»
π MicroStrategy presented Auto's own AI bot for corporate analytics.
π Elon Musk announced the release of a new version of the AI bot Grok -1.5 next week.
Hacks ππ»
π DeFi Curio hacked for $16 million
π Fraudsters carried out a $7 million phishing attack against clients of cryptobankrupts BlockFi and FTX.
π DeFi Prisma Finance was exploited, the damage was estimated at $11.6 million.
Global Market Dataππ»
π Bitcoin recovered 5% over the week as inflows returned to spot ETFs.
The S&P 500 has again rewritten its maximum, and there are almost no bears left in the stock market.
Cryptocurrencies ππ»
π Keith sold 17,770 ETH for $62.24 million at the rate of $3,500, which he bought in 2017 at an average price of $182.
π The number of validators in the Ethereum network has exceeded 1 million.
π Study: The Tron network accounts for 45% of all illegal crypto transactions.
π Investment company Bitwise has submitted an application for a spot ETH ETF.
Crypto exchanges ππ»
π Curly Sam was found guilty of fraud and sentenced to 25 years in prison.
π US authorities have brought charges against the KuCoin crypto exchange for money laundering.
π Binance has joined to the international anti-money laundering organization Global Travel Rule Alliance
Financial news ππ»
π The price of gold has rewritten ATH β $2,233
π The price of cocoa exceeded for the first time in history $10k per ton.
π Deliveries in February iPhone to China fell by 33%
π According to the final calculation, US GDP for the fourth quarter of 2024 grew by 3.4%
Regulation ππ»
π The EU is conducting an investigation against Apple, Alphabet and Meta due to possible violation of the Digital Markets Act.
π The adoption of laws on the regulation of cryptocurrencies in Ukraine has been postponed until the end of the year on the recommendation of the IMF.
π SEC demands a fine of $2 billion from Ripple.
Technologies ππ»
π MicroStrategy presented Auto's own AI bot for corporate analytics.
π Elon Musk announced the release of a new version of the AI bot Grok -1.5 next week.
Hacks ππ»
π DeFi Curio hacked for $16 million
π Fraudsters carried out a $7 million phishing attack against clients of cryptobankrupts BlockFi and FTX.
π DeFi Prisma Finance was exploited, the damage was estimated at $11.6 million.
Global Market Dataππ»