Monday August 8, 2022
Your Weekly Update On All Things Crypto
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TL;DR
MACRO NEWS
BlackRock And Coinbase Announce New Partnership To Help Investors Get More Involved With Bitcoin...
BlackRock Inc. is teaming up with Coinbase Global Inc. to simplify the process for institutional investors to manage and trade Bitcoin (BTC), ushering the worlds biggest asset manager into a crypto market roiled by falling prices, regulations, and government investigations.

BitMEX Expands Into Traditional Financial Markets...
BitMEX is among the cryptocurrency markets longest-running derivatives exchanges. It has recently expanded into traditional financial markets via the launch of perpetual swap contracts which are tied to international currencies.

Why Michael Saylor Stepped Down As CEO Microstrategy...
Saylor clarified that the primary responsibility of a CEO is to run a software company. He claims that the decision to make Phong Le CEO was made as the company grew to 2,200 employees and gained thousands of customers. There had hence reportedly been a succession plan in the works for about two years, with Phong first becoming COO and then President.

INDUSTRY EVENTS
Blockchain Futurist Conference
BLOCKCHAIN
CRYPTO
NFTs
DEFI
WEB3


TECHNICAL ANALYSIS
Bitcoin Confirms Upward Trajectory, Breaking Above 50-Day Moving Average
ETH/BTC Rallies Back Above Significant Ascending Line of Support
CONTENT OF THE WEEK
The UK Argues Crypto Is a New Type of Property


RePurchasing MILLIONS Of XRP + MEGA Polygon Partnership & HUGE VeChain Thor UPGRADE
Ethereum is ready to SKYROCKET (HERE Is WHY)! Cryptocurrency Investment News
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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.