✅ An overnight bounce following dovish comments from the Bank of Japan failed to hold. Crypto dumped again as it is now tightly tied to the U.S. stock market 📉
Daily Digest:
🔸 XRP is not a security, the SEC lawsuit against Ripple is officially over
🔸 Bitcoin hashprice hit an all-time low this week, it could force many smaller mining companies out of business
🔸 Bank of Japan promised not to raise rates when markets are unstable 😌
🔸 A Paris Olympics venue was hacked and told that their financial data would be leaked unless a crypto ransom was paid
🔸 Jump Trading, a market maker sold another $29M ETH with $63M left to go
🔸 The NISE has filed a proposal with the SEC to approve options trading on an Ethereum trust managed by BlackRock 😯
🔸 Elon Musk confirms that he will be doing an interview with Donald Trump on X next Monday
🔸 Donald Trump's sons are teasing some "big announcement" related to crypto