Monday September 25, 2023

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Your Weekly Update On All Things Crypto

TL;DR
MACRO NEWS

11 Blockchains Added By Google Cloud To BigQuery Data...



The Google Cloud division, within its BigQuery data analytics service, has incorporated backing for 11 additional blockchains. These blockchains encompass Avalanche, Arbitrum, Cronos, Fantom, Near, Optimism, Polkadot, Polygon, Tron, as well as the test networks Polygon Mumbai and Ethereum Goerli.


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Coinbase Wants Clear And Concise Crypto Legislation...

Coinbase is urging the broader US crypto community to encourage their Congress representatives to establish clear and sensible legislation for the cryptocurrency industry. The company is emphasizing that the existing approach taken by regulators is hindering innovation and jeopardizing the position of the country as a global technological and financial leader.


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Regulatory Changes Force Bybit To Stop Operations In The UK...


Bybit will halt the acceptance of new account registrations starting October 1st and cease accepting deposits and other services for existing customers by October 8th. This decision aligns with the impending implementation of new regulatory measures for crypto firms, set forth by the UK Financial Conduct Authority (FCA).


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Ethereum Futures ETF Filed For By Grayscale...


Grayscale Investments, a reputable and well established digital asset management firm, has submitted an application to the Securities and Exchange Commission (SEC) for a new exchange-traded fund (ETF) designed to track Ethereum (ETH) futures.


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SEC Request For Inspection Of Binance US Documents Gets Rejected...


Binance US has been under the spotlight ever since the United States Securities and Exchanges Commission (SEC) initiated legal action against it. This legal battle resulted in a decline in trading volume for the firm and significant departures.


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Crypto Fundraising September 12 - 18...


On behalf of the Web3 community, we would like to extend our warmest congratulations to the companies that announced their success in fundraising between 12th September and 18th September 2023. We are thrilled to see such tremendous support from all involved. Well done! 


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INDUSTRY EVENTS

CONTENT OF THE WEEK

What's Next for Bitcoin & Cryptocurrency?

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HERE WE GO AGAIN! Major News That NO ONE CARED ABOUT

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BIDEN JUST FLIPPED ON BITCOIN?? Biggest bull market coming to crypto

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We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.