✅ This week, Bitcoin rose 8.1%, surpassing its historical high several times and at one point almost reaching $100,000, within $500 of the mark 🔼

Weekly news digest:

💎 Crypto

🔸 MicroStrategy announced it had bought another 51,780 BTC worth $4.6 billion during the last week

🔸 A user accidentally sent $129M USDT to a scam address while attempting a transaction

🔸 MicroStrategy announced it has completed a $3 billion offering of convertible notes to buy even more Bitcoin

🔸 Apple confirmed that its devices were left vulnerable to an exploit that leaves crypto users exposed

🔸 Sui blockchain signed a strategic partnership with $1.5 trillion asset manager Franklin Templeton 👋👋

🔸 Polymarket prediction betting market opted to block France-based users 

🌀 Crypto Exchanges

🔸 FTX payouts for creditors and clients are expected in March 2025

🔸 Coinbase will delist wBTC in December

🔸 Donald Trump will meet with the CEO of crypto exchange Coinbase

💵 Finances and Economy

🔸 South Korean virtual asset deposit platform Delio was declared bankrupt with $1.75B in assets lost

🔸 Mastercard collaborates with JPMorgan to bring cross-border payments on the blockchain 🌎

🔸 Goldman Sachs is preparing to launch three new tokenization crypto products later this year

⚖️ Law and Order

🔸 CFTC has endorsed using blockchain technology to manage trading collateral in United States derivatives markets

🔸 SEC Chair Gary Gensler plans to fully leave the commission — not just step down as chairman — on Jan. 20

🔸 A judge has tossed out the broker-dealer rule for crypto liquidity providers from the US SEC

🔸 FTX co-founder Gary Wang was sentenced to time served plus forfeiture of assets 🎎

🔸 California judge ruled DAO members liable under partnership laws 

 🗣 Personalities

🔸 Trump picked pro-crypto hedge fund manager Scott Bessent for Treasury Secretary

🔸 Shaquille O’Neal has agreed to compensate $11m to investors tied to his embattled Astrals NFT project