After most significant failures of centralized platforms such as FTX, we could observe a large uptick in Bitcoin withdrawals from exchanges.
Zooming into the catalysts. After a seven-month consolidation phase, bitcoin’s price is approaching the all-time high of 73,000 USD.
ECB employees Ulrich Bindseil and Jürgen Schaaf are once again warning about the devastating consequences of a potential Bitcoin price surge.
Amidst the ongoing presidential elections in the USA, the crypto betting app “Polymarket” was able to capture the prediction market.
Memecoins are gaining market traction despite high volatility and lack of fundamental value, mainly driven by community engagement.
The bankruptcy trustee of the crypto exchange Mt. Gox is postponing the repayment of the remaining 2.8 billion USD in Bitcoin to next year.
The FBI charged Gotbit, ZM Quant, and CLS Global, as well as 15 individuals, with market manipulation of the FBI’s own cryptocurrency NexFundAI.
What happened this week in the world of blockchain and cryptocurrencies? Current events and background reports in the weekly review.
The SEC has acknowledged an application for a Solana ETF, starting the clock for approval or rejection with the deadline in October.
Favorable regulatory shifts and the pivotal role of decentralized exchanges (DEXs) in driving market trends could boost DeFi.
