✅ It's been a very bullish week, with over $2 billion in net inflows into spot BTC ETFs helping the Bitcoin price almost reach the $69,000 mark, with 10 more days of ‘Uptober’ to come 📈
Weekly news digest:
💎 Crypto
🔸 Canary Capital has filed registration documents for a spot Litecoin ETF
🔸 Praxis, which bills itself as the world’s first “Network State,” announced it had secured $525 million
🔸 More than $50 million has been lost from a cybersecurity breach at the Radiant lending protocol
🔸 Georgia’s political opposition wants to release a new blockchain solution for public administration
🔸 Someone lost $1.3 million simply due to signing scam transaction
🏦 Exchanges
NYSE and CBOE got SEC approval for Bitcoin ETF options trading
🔸 Scammer gets 5 years in prison for creating fake versions of the Coinbase website and using them to steal more than $20 million
🔸 Monochrome Asset Management is preparing to launch Australia’s first spot Ethereum ETF on the CBOE
💵 Finances and Economy
🔸 ECB lowered interest rate to 3.25% as analysts expected
🔸 76% of Asia-based family offices and high-net-worth individuals have crypto exposure, according to a new report
🔸 Goldman Sachs thinks the Fed has already hit 2% inflation target
⚖️ Law and Order
🔸 FBI arrested alleged SEC hacker linked to fake SEC tweet saying Bitcoin ETFs were approved
🔸 Italy's government will raise taxes on capital gains on crypto such as Bitcoin to 42% from 26% 🇮🇹
🔸 The Central Bank of the UAE has granted preliminary approval for the launch of a first-ever dirham-pegged stablecoin
🙊 Personalities
🔸 Ethereum co-founder Vitalik Buterin set a goal of 100,000 transactions per second for Ethereum
🔸 Netanyahu tells U.S. that Israel will strike Iranian military, not nuclear or oil, targets
🔸 Mr. Beast made $10 million from meme coin pump&dump schemes
🔸 Crypto influencer Jaypeg accused of promotional scam
🚀 Best performers of the week:
ApeCoin - $1.49 (↑110.9%)
Dogecoin - $0.1406 (↑29%)
Beam - $0.01807 (↑23.7%)
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