This Week in Crypto: Major Moves and Milestones 🚀

Good morning, crypto enthusiasts! 🌞 Here's your weekly digest:

• Binance's CZ Walks Free 🚪: The #crypto kingpin, #CZ , has been released from prison, marking a significant event in the crypto world's ongoing saga with legal frameworks.

Bitcoin's Bull Run 📈: The king of crypto, #Bitcoin , soared to $64,000, showcasing robust investor confidence amidst global economic shifts.

• BNY Mellon Dives into Crypto Custody 🏦: With SEC approval, this $2 trillion bank steps into crypto custody, signaling traditional finance's embrace of digital assets.

• Regulatory Clarity for Bitcoin 📜: SEC Chair Gary Gensler clarified Bitcoin isn't a security, providing much-needed regulatory clarity.

• Hut 8's Exchange Debut 📊: $HMSTR makes waves by listing on major crypto exchanges, enhancing its visibility and liquidity.

FTX Fallout 🚨: Caroline Ellison receives a 24-month sentence, concluding part of the #FTX fraud case, but the crypto community remains wary.

• PayPal's Crypto Expansion 💳: US businesses can now engage more deeply with crypto through PayPal, broadening the asset's utility.

• Cuban's SEC Aspirations 🏀: Billionaire Mark Cuban humorously or not, expressed interest in leading the SEC, stirring the pot on crypto regulation discussions.

• Crypto Mining Securities Debate ⛏️: SEC's stance on crypto mining devices as securities adds another layer to the regulatory onion.

Solana's Bullish Forecast 🌊: VanEck sees #Solana potentially capturing half of Ethereum's market cap, betting big on its scalability.

• Regulatory Easing for Crypto Custody 🔓: SEC's move allows regulated entities to custody Bitcoin, simplifying crypto asset management for institutions.

• Political Promises for Tech 🗳️: Kamala Harris pledges support for AI and digital assets, hinting at a tech-friendly policy if elected.