Crypto Week Review: Market Moves, Regulatory Shifts, and Financial Innovations đđž
âą MicroStrategy expanded its #Bitcoin treasury with 7,420 more coins, doubling down on their crypto strategy. đđ
âą The Federal Reserve made waves by cutting rates by 50 BPS, signaling a shift in monetary policy after 4 years. đŠđ
âą Donald #Trump embraced crypto, settling a bar tab in NYC with Bitcoin, symbolizing a cultural shift towards digital currency. đžđł
âą BingX, a crypto exchange, fell victim to a $43M hack, highlighting ongoing security challenges. đšđž
âą The SEC approved options for BlackRock's spot Bitcoin ETF, potentially opening the floodgates for institutional investors. đđ
âą Louisiana became a pioneer by accepting #Crypto for state payments, embracing the digital economy. đïžđ°
âą The SEC targeted Elon Musk over the X (Twitter) acquisition, marking a scrutiny on tech moguls in finance. đ”ïžââïžđŠ
âą Binance clarified its non-ownership of WazirX, addressing long-standing rumors. đŁïžđ
âą Revolut announced plans to issue its own stablecoin, joining the race in digital currency innovation. đ§đž
âą CZ from Binance is set for release on September 29th, an event watched closely by the crypto community. đȘđïž
âą DBS Bank in Singapore will offer Bitcoin and #Ethereum options trading, expanding crypto services in Asia. đžđŹđ
