Monday Oct 28, 2024

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Your Weekly Update On All Things Crypto

TL;DR

MACRO NEWS

Bitcoin Listed As Key Voting Item For Microsoft In Shareholder Meeting...



Microsoft is reportedly contemplating an investment in Bitcoin (BTC), based on a filing with the U.S. Securities and Exchange Commission made on Thursday. 


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Bitcoin Slumps To Around $65K As Altcoins Continue To Decline...



Bitcoin (BTC) experienced significant price fluctuations on Friday night, plunging $3,000 within minutes before partially recovering to $67,000.


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WSJ Reports Tether Investigation Is Underway Despite CEO Claiming Otherwise...



The Wall Street Journal (WSJ) reports that the U.S. Department of Justice and the Treasury Department have initiated an investigation into Tether, the company behind the largest stablecoin, USDT.


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Elon Musk Continues To Stir Controversy After Trying To Buy Votes...



It is no secret that Elon Musk disrupts markets, alters narratives, and grabs headlines. However, although many believe he is a champion for cryptocurrencies, the truth may be slightly different.


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New DAO Legal Framework Introduced By The United Arab Emirates...



With the recent launch of the DAO Association Regime (DARe) by RAK DAO, the United Arab Emirates (UAE) has solidified its status as a key hub for Web3 and cryptocurrency innovation globally.


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$329 Million Net Inflows Recorded By BlackRock Bitcoin ETF...



The BlackRock iShares Bitcoin Trust (IBIT) attracted approximately $329 million in new investments on Monday, even as Bitcoin (BTC) dipped under $67,000. 


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FUNDRAISING ANNOUNCEMENTS

Crypto Fundraising October 15 - 21...



It has been an incredible week for companies around the globe in terms of securing funding to fuel their growth and innovation. Here are some of the latest investment highlights between October 15 - 21.

  

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CONTENT OF THE WEEK

What's the Future of Crypto Adoption?

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REVEALED: BlackRock & Kamala Harris’s SECRET Plan to 20x Bitcoin & Control Crypto | James Heckman

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Bitcoin eyes $68,000 as it reclaims some weekly losses: CNBC Crypto World

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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.