🚨 Top Crypto News of the Week 🌍🗞️
It’s been an eventful week in the crypto world! Here’s your rundown on the hottest updates 🔥👇
💼 MicroStrategy Doubles Down on Bitcoin
MicroStrategy, led by Bitcoin bull Michael Saylor, purchased 18,300 Bitcoin, further solidifying its position as a leading institutional holder of BTC. 🏦💰
📉 US Inflation Surprises Markets
The US inflation rate dropped to 2.5%, beating expectations, fueling optimism about economic stability. 📊🇺🇸
💼 BlackRock Bets Big on Bitcoin
BlackRock made waves, stating that Bitcoin could serve as a hedge against “global disorder” and declining trust in governments and banks. Could the institutional giant be signaling a broader move toward crypto adoption? 🌍💡
🌀Grayscale introduced the first-ever US XRP Trust for accredited investors, giving more institutional exposure to XRP. 🚀
According to Reuters, India remains the #1 country in global crypto adoption for the second consecutive year! 🚀
💼 New Listings on Binance
⚖️ Sam Bankman-Fried Appeals FTX Conviction
In a new twist, Sam Bankman-Fried is fighting back, filing an appeal to overturn his FTX fraud conviction. ⚖️🏛️
🏛️In a major legal decision, England's High Court of Justice ruled that USDT is recognized as property, setting new legal precedents. ⚖️
💬Former President Donald Trump expressed optimism about crypto, stating that we're moving away from outdated big banks and embracing the future of finance with cryptocurrencies. 📈
💥The social trading platform eToro settled a lawsuit with the SEC, agreeing to restrict some crypto trading in the US. 🇺🇸
💥The UK introduced a bill to legally recognize cryptocurrency as personal property, advancing crypto-friendly policies. 🔐
⚡ Japan's largest electricity company, Tokyo Electric Power, announced plans to use renewable energy to mine Bitcoin, adding a green twist to the crypto-mining space.🌱
💥DYOR!
