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MAJOR CRYPTO NEWS THIS WEEK.
Here are some of the major cryptocurrency news highlights from the past week:
Policy and Regulation
New York Proposes Investor Protections: A bill introduced in New York aims to safeguard crypto investors from memecoin scams, reflecting growing regulatory attention on digital assets.cointelegraph.com
SEC and Binance Seek Pause in Lawsuit: In a notable shift, the U.S. Securities and Exchange Commission (SEC) and Binance have jointly requested a pause in their ongoing lawsuit, indicating potential changes in crypto enforcement strategies.aljazeera.com
Market Developments
Bitcoin Hovers Near $90K Amid Tariff Concerns: Bitcoin's price struggles near $90,000 as U.S. tariff uncertainties affect investor sentiment, particularly impacting Bitcoin ETFs.cointelegraph.com
NFT Sales Surge: Non-fungible token (NFT) sales have increased by 19.6% to $152.9 million, with the Doodles collection surpassing Pudgy Penguins in popularity.crypto.news
Corporate Actions
Brazil's Meliuz Invests in Bitcoin: Brazilian fintech unicorn Meliuz has adopted a Bitcoin treasury strategy, purchasing millions in BTC to enhance long-term shareholder value.cointelegraph.com
Emirates NBD Launches Crypto Trading: Dubai's state-owned bank, Emirates NBD, has introduced cryptocurrency trading services through its Liv X app, collaborating with Aquanow and Zodia Custody.cointelegraph.com
Security and Legal
Bybit Offers $140M Bounty Post-Hack: Crypto exchange Bybit has launched a $140 million bounty to track down perpetrators of a recent crypto heist.crypto.newsTether Freezes Funds on Russian Exchange: Tether has frozen $27 million in USDT linked to the sanctioned Russian exchange Garantex, highlighting ongoing compliance measures.cointelegraph.com
Technological Advancements
Axie Infinity Teases New Game: Sky Mavis, the developer behind Axie Infinity, released a trailer for "Atia’s Legacy," a new Web3 game set in the Axie universe, promising enhanced gameplay and NFT-based rewards.cointelegraph.com
Indian District Adopts Avalanche for Land Records: A district in India has digitized over 700,000 land records using the Avalanche blockchain, aiming to ensure transparency and prevent tampering.
$BTC
$SOL
#newsoftheweek #btc #MarketRebound #marketoutlook
Policy and Regulation
New York Proposes Investor Protections: A bill introduced in New York aims to safeguard crypto investors from memecoin scams, reflecting growing regulatory attention on digital assets.cointelegraph.com
SEC and Binance Seek Pause in Lawsuit: In a notable shift, the U.S. Securities and Exchange Commission (SEC) and Binance have jointly requested a pause in their ongoing lawsuit, indicating potential changes in crypto enforcement strategies.aljazeera.com
Market Developments
Bitcoin Hovers Near $90K Amid Tariff Concerns: Bitcoin's price struggles near $90,000 as U.S. tariff uncertainties affect investor sentiment, particularly impacting Bitcoin ETFs.cointelegraph.com
NFT Sales Surge: Non-fungible token (NFT) sales have increased by 19.6% to $152.9 million, with the Doodles collection surpassing Pudgy Penguins in popularity.crypto.news
Corporate Actions
Brazil's Meliuz Invests in Bitcoin: Brazilian fintech unicorn Meliuz has adopted a Bitcoin treasury strategy, purchasing millions in BTC to enhance long-term shareholder value.cointelegraph.com
Emirates NBD Launches Crypto Trading: Dubai's state-owned bank, Emirates NBD, has introduced cryptocurrency trading services through its Liv X app, collaborating with Aquanow and Zodia Custody.cointelegraph.com
Security and Legal
Bybit Offers $140M Bounty Post-Hack: Crypto exchange Bybit has launched a $140 million bounty to track down perpetrators of a recent crypto heist.crypto.newsTether Freezes Funds on Russian Exchange: Tether has frozen $27 million in USDT linked to the sanctioned Russian exchange Garantex, highlighting ongoing compliance measures.cointelegraph.com
Technological Advancements
Axie Infinity Teases New Game: Sky Mavis, the developer behind Axie Infinity, released a trailer for "Atia’s Legacy," a new Web3 game set in the Axie universe, promising enhanced gameplay and NFT-based rewards.cointelegraph.com
Indian District Adopts Avalanche for Land Records: A district in India has digitized over 700,000 land records using the Avalanche blockchain, aiming to ensure transparency and prevent tampering.
$BTC
$SOL
#newsoftheweek #btc #MarketRebound #marketoutlook
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