Finance
Weekly Summary: Crypto Debanking Takes Center Stage
This week's highlights include product launches, developments in stablecoin legislation, and Congressional discussions on debanking.
Market Update
Latest CoinDesk 20 Update: LTC Leads Gains as Market Rises
The latest report from CoinDesk highlights impressive gains for Litecoin and Polkadot amidst a broader market increase.
Crypto
Cardano and Dogecoin Experience a 4% Dip as Bitcoin Traders Anticipate Payroll Data
The cryptocurrency market saw Cardano (ADA) and Dogecoin (DOGE) drop by 4%, while traders await crucial U.S. payroll data that could impact future market trends.
Financial Updates
Crypto Daybook Americas: Bitcoin Holds Firm Ahead of Jobs Data as Eric Trump Backs BTC
A comprehensive overview of the state of cryptocurrency markets ahead of significant U.S. job data, including insights into Bitcoin's stability.
Finance
ConsenSys Faces Operation Chokepoint Twice, CEO Lubin Acknowledges Bank's Resistance
ConsenSys has dealt with attempts to undermine its operations, with CEO Joe Lubin crediting a U.S. bank for resisting pressures.
Market Analysis
Ethereum Struggles Amidst Strong Competition from Other Blockchains, JPMorgan Reports
A recent JPMorgan report highlights that Ethereum's ether token has lagged behind Bitcoin and other altcoins due to fierce competition from alternate networks.
Policy
Tornado Cash Developer to Be Released as He Prepares for Appeal
Alexey Pertsev, the Tornado Cash developer, is set to be released from prison to prepare his appeal after being sentenced for money laundering.
Finance
VanEck Projects Solana's SOL Price Could Reach $520 by End of 2025
VanEck forecasts a significant rise in the M2 money supply, influencing the crypto market and boosting Solana's SOL token.
Altcoins
Coinbase Adds MORPHO, PENGU, and POPCAT Amid Bearish Market: Is It a Strategic Move?
Coinbase's recent addition of MORPHO, PENGU, and POPCAT coins to its listing raises questions about market timing as Bitcoin approaches $100,000.
Market Analysis
South Korea's Crypto Exchange Landscape Shrinks by 26% This Week
A stark decline in the number of operational crypto exchanges in South Korea highlights the impact of strict regulatory policies on the market.
Investing
Franklin Templeton Submits Application for Multi-Asset Crypto ETF Following Increasing Industry Momentum
Franklin Templeton has submitted a proposal for a multi-asset cryptocurrency ETF with the SEC as interest in crypto investments rises.
Legal Developments
Alexey Pertsev, Developer of Tornado Cash, Set for Release by Dutch Court
Alexey Pertsev is to be released from prison following a Dutch court's decision to suspend his pretrial detention, allowing him to prepare his appeal.
News
World Liberty Financial: Aiming to Establish a US Bitcoin Reserve?
Exploring the ambitious plans of World Liberty Financial and its connections to the Trump family.
Finance
Feel Good Friday: Bitcoin Plus ETF, Pepe Airdrop, and David Sacks
This week's news highlights include the Bitcoin Plus ETF by Trump Media, a scam related to the Pepe Airdrop, and insights on David Sacks' recent press conference.
Finance
SEC Advances Applications for Crypto ETFs Involving XRP, Litecoin, and Solana
The SEC has acknowledged multiple cryptocurrency ETF applications, signaling a potential shift towards a more favorable regulatory approach for crypto assets.
Finance
Donald Trump Jr. Predicts Crypto as the Future of U.S. Dominance
Donald Trump Jr. contends that cryptocurrency will shape America's economic ambition, speaking at the Ondo Summit in New York City.
Policy
Concerns Over Crypto Debanking Come to Fore in U.S. House Hearing
A recent hearing illustrates the shifting stance of federal regulators regarding how banks interact with cryptocurrency firms.
Policy
Czech Republic Abolishes Taxes on Long-Term Cryptocurrency Gains
The Czech Republic's recent legislation exempts crypto users from tax on long-term gains, as proposed by President Petr Pavel.
Policy
Bybit Gains Approval from India After Paying $1 Million Fine
Bybit has completed its registration with India's Financial Intelligence Unit after settling a substantial fine for operating without authorization.
Finance
CoinDesk 20 Market Update: Stellar Makes Gains as Leaders Rise
The CoinDesk 20 Index sees XLM climbing by 1.5%, highlighting leaders and laggards in the market.
