Bitcoin’s ETF hype-inspired rally may have run out of steam, but several leading altcoins still surged.
Crypto winter casualty BlockFi also announced that it’s fighting fit again.
Bitcoin and other leading coins have now been rallying for a fortnight.
One mistaken tweet on Monday pumped the price of Bitcoin by 10% in 24 hours—but it’s not the only buzz from a busy week on Crypto Twitter.
Bitcoin, usually the market pace-setter, was far outpaced by Solana, Bitcoin Cash and XRP.
Reports of a new withdrawal freeze by collapsed crypto lender Genesis were met with jokes and memes.
The Israel–Palestine war and persistent inflation readings contributed to the downward price pressure.
Two of the industry’s favorite ongoing stories ignited a lot of discussion on Twitter this week.
Ethereum and XRP both saw depreciation despite many positive developments.
Hong Kong’s police force and leading securities regulator are integrating their efforts to monitor illegal exchange activities after the JPEX incident.
Two former managing directors at BlackRock say that U.S. approval of a spot Bitcoin ETF is basically a done deal.
JP Morgan’s blockchain and crypto lead also went in-depth into the banking giant’s private on-chain activity.
Once it is given its powers by the Treasury, the FCA will use the UK’s upcoming crypto sandbox to draft comprehensive legislation.
Meanwhile, Justin Sun offered a job and $400,000 to the hacker that purloined $8 million from HTX.
Even though prices have mostly felt static this year, markets have come a long way since New Year.
An earlier raid of a suspected drug running operation in Santiago also turned up Bitcoin hardware, but the Venezuela operation was magnitudes larger.
Also, no rate hike from the Federal Reserves may stem risk-averse crypto outflows.
A video has resurfaced showing the late software developer and Bitcoin pioneer Hal Finney explaining zero-knowledge protocols in the 1990s.
Charles Randell said that some crypto firms that the FCA was pressured to approve now face criminal investigations in the U.S.
Several crypto Twitter heads remarked on the shifty personnel changes over at Binance this week.
Not even a big-budget Idris Elba commercial could save Stellar’s XLM from taking a nose dive.
In 250 pages of leaked writings about the collapse of FTX, its co-founder Sam Bankman-Fried laments that he feels “broke” and “hated.”
The company hired a hedge fund manager without notifying authorities and then traded crypto with no risk framework in place.
According to a prison informant, the former billionaire linked up with a gang from Manhattan.
Also, a member of the European Central Bank’s executive board criticized PayPal USD and shilled the digital euro.
The co-founders of Gala Games are at loggerheads, with rival lawsuits accusing each other of theft or corporate waste that cost the company a nine-digit sum.
A Federal court dealt a major blow to the SEC, which subsequently pushed back its decision on six Bitcoin ETF applications.
Also, the SEC was ordered to review its denial of crypto asset manager Grayscale’s ETF proposal.
Twitter was the place to watch and speculate about curious moves by the PepeCoin team as the token’s price continued plummeting.
While most leading cryptocurrencies spent the week recovering, shady transactions from PepeCoin’s team kept the meme coin in free fall.