Ledger Defends New Recovery Feature Despite Ongoing Backlash...

Ledger, the renowned cryptocurrency hardware wallet manufacturer, recently introduced a new Bitcoin (BTC) key recovery feature, aiming to provide users with an additional layer of convenience and security as it will reportedly enable them to back up their private keys so that they may be recovered if lost.

Crypto Regulations Discussed Ahead Of Upcoming G-7 Summit...

G-7 finance ministers reportedly held discussions on the regulation of cryptocurrencies prior to the upcoming Japan summit. The representatives expressed their commitment to adhering to the standards established by the Financial Stability Board (FSB) and the International Monetary Fund (IMF) regarding crypto assets and central bank digital currencies (CBDCs).

Governments Can Now Issue CBDCs Via New Ripple Platform...

Ripple has introduced a new platform that enables governments to issue their own digital currencies in the form of CBDCs (Central Bank Digital Currencies). With this announcement, Ripple looks to continue its innovative solutions for digital payments and cross-border transactions.

Supreme Court Sides With Crypto To Push SEC Out...

Many crypto businesses are hoping that a new US Supreme Court doctrine will set a legal precedent that could theoretically force the SEC to step aside, however federal regulators remain skeptical.

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TECHNICAL ANALYSIS

Bitcoin (-1%) Finds Support at 50-Week Moving Average

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Ethereum (+0%) Also Finds Support at 50-Week Moving Average

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CONTENT OF THE WEEK

DON'T LOSE YOUR BITCOIN! Step up your self custody game

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Why Ordinals and BRC20 Tokens are Driving Bitcoin Layer 2 Development

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How To Become WEALTHY In The Crypto Market - Cryptocurrency Wealth Transfer

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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.