The SEC's closure of the Ethereum probe suggests optimism for ETF approvals, while Germany's Bitcoin sales, celebrity Twitter hacks, and a Kraken exploit have shaken up the crypto market.

Key Insights:

  • SEC Drops Ethereum Probe: The SEC ended its investigation into Ethereum, potentially paving the way for Ethereum ETF approvals.

  • Germany's Bitcoin Sales: The German government sold a significant portion of its seized Bitcoin stash, contributing to the price decline, but still holds about $3 billion worth.

  • Celebrity Twitter Hacks: Hackers exploited the Twitter accounts of 50 Cent and Hulk Hogan to promote scam cryptocurrencies, raking in millions.

  • Kraken Exploit: CertiK found and exploited a flaw in Kraken, withdrawing around $3 million. This led to a public dispute between the parties involved.