A fiery week in the crypto world! Here’s a summary of what happened:
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Bitcoin surpasses the $110,000 mark, achieving a jump of 47% compared to its lowest levels in April. It seems the "king of currencies" has reclaimed its throne with strength!
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The market capitalization of cryptocurrencies has risen to $3.51 trillion, while the daily trading volume exceeded $171 billion!
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The whales are waking up!
In just 24 hours, major investors bought over 25,000 Bitcoins! Do they know something we don’t?
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Legislative move: The GENIUS Act sees the light
For the first time, a law to regulate stablecoins has been passed in the U.S. Senate.
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Security incident on the Sui network
The Cetus protocol on the Sui network experienced a major hack, during which $260 million was stolen and the price of the SUI token dropped by 15%
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Data leak within Coinbase
Coinbase suffers from a sensitive data breach and is offering a reward of up to $20 million for information about the attackers.
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Market sentiment? Greed!
The "fear and greed" index reached 72, indicating strong optimism among investors.
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