Monday May 13, 2024

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Your Weekly Update On All Things Crypto

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MACRO NEWS

Spot BTC ETF Holdings Disclosed By JPMorgan And Wells Fargo...


Recent disclosures were made through fillings by the United States Securities and Exchange Commission (SEC) which have unveiled the holdings of Spot Bitcoin (BTC) ETFs by JPMorgan Chase and Wells Fargo, two prominent banks in the United States.


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Bitcoin Floats Around $61K As Inflation Concerns Continue...



Bitcoin (BTC) experienced a sudden drop in price, decreasing by 3.5% within a day, while many major alternative cryptocurrencies fared even worse.


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DWF Labs Accused Of Manipulative Trading As Binance Woes Continue...


Binance, one of the leading cryptocurrency exchanges globally, faces scrutiny following a report by The Wall Street Journal which disclosed that the exchange dismissed its chief investigators subsequent to their claims regarding wash trading involving a prominent VIP client, DWF Labs.


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Chainalysis Chooses The United Arab Emirates As New Headquarters Location...



Chainalysis, the platform specializing in blockchain intelligence, has inaugurated its headquarters for Southern Europe, the Middle East, Central Asia, and Africa in Dubai. 


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US House Of Representatives Approve New Bill Only For Joe Biden To Reject It...


The bill previously passed by the United States House of Representatives overturns contentious guidance by the United States Securities and Exchange Commission (SEC) that restricts ownership of cryptocurrencies within banks.


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Cardano And Bitcoin Cash May Be Partnering Up Soon...



Charles Hoskinson, the founder of Cardano (ADA), recently hinted at a potential collaboration between Cardano and Bitcoin Cash (BCH). He highlighted the significance of this alliance for Bitcoin Cash, positioning it ahead of networks like Bitcoin (BTC).

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CryptoPunks Experience Resurgence But Bitcoin NFTs Maintain Lead...



CryptoPunks maintained its market dominance, achieving the highest daily sales volume for the second consecutive day this Wednesday.


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FUNDRAISING ANNOUNCEMENTS

Crypto Fundraising April 30 - May 6...



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 April 30 - May 6.

  

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CONTENT OF THE WEEK

Crypto News: Bitcoin Price, ETFs, ETH, WIF, HNT & MORE!!

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BREAKING: Wells Fargo & JP Morgan Disclose They Are Buying Bitcoin & MORE!

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Crypto miner CleanSpark expands with acquisition of two Wyoming locations: 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.