Monday August 26, 2024

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Your Weekly Update On All Things Crypto

TL;DR

MACRO NEWS

RFK Jr Exits Presidential Race As Trump Themed Meme Coins Soar...



Recent reports indicate that Robert F. Kennedy Jr. is expected to no longer participate in the 2024 US Presidential Election. 


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BTC Touches $65K As Jerome Powell Pledges To Start Cutting Interest Rates...


Bitcoin (BTC) continued its positive price movements when it reached $65,000 for the first time since August 3rd. During the same period, several altcoins also saw significant gains, with SATS climbing 25%, FET rising 19%, and SUI increasing by 15%.


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Sony Group Announces New Ethereum Based Blockchain Initiative...


Sony Group and Startale have unveiled their new joint blockchain venture, Soneium, which is their initial Ethereum Layer-2 solution designed to enhance scalability and user experience with the goal of mainstream adoption.


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Solana Continues To Build Momentum Following Latest Brazilian ETF Approval...



Exchange-traded funds (ETFs) are increasingly viewed as a crucial means for institutional investment in cryptocurrencies, providing a regulated channel for investors to engage with these digital assets.


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Kamala Harris Wants To Appoint Gensler As Treasury Secretary If She Wins...



Kamala Harris is considering appointing Gary Gensler as the next Treasury Secretary if she wins the 2024 election.


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Texas Federal Judge Denies FTC Bid To Ban Non Compete Agreements...



A federal judge in Texas has halted a new Federal Trade Commission (FTC) rule that would have simplified the process for employees to leave their jobs and join competing firms.


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FUNDRAISING ANNOUNCEMENTS

Crypto Fundraising August 13 - 19...



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 August 13 - 19.

  

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CONTENT OF THE WEEK

Bitcoin Price Is Coiling Up - "BIGGEST Launchpad I’ve Ever Seen"

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The Most Important Stories in Crypto You Probably Missed Recently

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Bitcoin rises as Wall Street crypto investors await Fed Chair Powell speech: 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.