Monday February 19, 2024

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Your Weekly Update On All Things Crypto

TL;DR

MACRO NEWS

Lack Of Feasibility Results In Crypto Ads Skipping The Super Bowl...

Once again, cryptocurrency companies opted out of advertising during the Super Bowl, despite the recent upswing in the U.S. market. Just two years ago, the Super Bowl served as a prime platform for crypto companies, particularly exchanges like the now defunct FTX, to widen their appeal to a broader audience.


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Inflation Concerns Continue As BTC Holds Its Ground...


Despite hovering around the mark, Bitcoin maintained its position at $52,000 as Wall Street commenced trading on February 16th, while the latest macroeconomic data by the United States exceeded expectations.


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Inflation Is Tearing Argentina Apart As Locals Resort To Crypto Caves...


Argentines are resorting to underground P2P exchanges, locally known as crypto caves, to acquire USD stablecoins in an attempt to circumvent strict currency controls and the significant inflation of the Argentine Peso (ARS).


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Coinbase And Ledger Team Up To Simplify Crypto Wallet Processes...




Ledger recently revealed a strategic alliance with Coinbase, incorporating Coinbase Pay into the Ledger Live app.


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US Judge Sanctions Request By Genesis To Sell Its Shares...



Genesis, a bankrupt digital asset lending firm, has been granted permission to sell shares valued at $1.6 billion, as it endeavors to undergo restructuring and reimburse its creditors.


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Senator Warren Surprises Everyone By Celebrating Satoshi Nakamoto...



Senator Elizabeth Warren, known for her doubts and criticisms regarding Bitcoin and cryptocurrencies in general, publicly commemorated its 15th anniversary by acknowledging the creator, Satoshi Nakamoto.


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FUNDRAISING ANNOUNCEMENTS

Crypto Fundraising February 6 - 12...


On behalf of the Web3 community, we would like to extend our warmest congratulations to the companies that announced their success in fundraising between 6th-12th February, 2024. We are thrilled to see such tremendous support from all involved.

  

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CONTENT OF THE WEEK

Top 5 Crypto Wallets In 2024

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Coinbase shares pop after posting first quarterly profit since Q4 2021: CNBC Crypto World

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Crypto News: Bitcoin Rally, ETH, XMR Delisting, DYM & MORE!!

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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.