đ Whatâs been going on in crypto this week? Letâs break it down.
Scott Bessent dropped an interesting thought: the U.S. Treasury might eventually look for a neutral way to buy $BTC . If that ever happens, the ripple effect on markets could be huge.
On the flip side, Monero had a rough moment. Mining pool Qubic admitted to pulling off a 51% attack â replacing 6 blocks and wiping out 60. Just another reminder that even big networks arenât untouchable.
$ETH had a record-breaking week. On August 11 alone, the Ethereum ETF pulled in a whopping $1.02 billion. Thatâs not just big money, thatâs serious confidence.
And then thereâs the slow and steady game. Itâs been 5 years since MicroStrategy kicked off its Bitcoin journey. Saylor added 115 BTC last week (around $18M), while Metaplanet bought 518 BTC ($61.4M). Theyâre not chasing quick winsâtheyâre playing the long game.
⨠Altogether, these stories show how crypto is constantly shiftingâsometimes quietly, sometimes with a bangâbut always moving forward.
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