Iran’s central bank tolerates crypto in export payments while the US Treasury has sanctioned four Iranian exchanges handling 78% of volume.
A summarizing review of what has been happening at the crypto markets of the past week. A weekly report in cooperation with Kaiko.
Airdrops are a driving theme of the current bull market. This raises concerns over high fully diluted valuations (FDVs) and low token floats.
Deutsche Telekom MMS is expanding its Web3 footpring by running nodes on the Subsquid network, enhancing decentralized blockchain data access.
In a new SEC offensive against crypto and staking services, lawsuits have been filed against Consensys, Lido Finance, and Rocket Pool.
The MiCA regulation on stablecoins will come into effect as of June 30th 2024, heavily regulating stablecoins such as Tether’s USDT.
After some setbacks in court, the SEC reduces its demand against Ripple from two billion to 103 million US dollars.
Bitcoin slipped to USD 74,985 after the first Fed rate hike in more than three years, one day after the Senate blocked the Clarity Act.
Memecoins on Robinhood Chain lock up tokenized stock floats, and one pool drove the HIMS wrapper to 4.5 times its NYSE price.
What separates Dogecoin from Bitcoin is its unlimited supply, and the 2013 satire coin now trades through its own US spot ETF.
