✅ Bitcoin has fallen from $66,800 to below $63,000 in a week, while the stock market continues to rise on the back of Nvidia's success, updating the ATH 📈

Weekly news digest:

💎 Crypto

🔸 Tether has announced the launch of a new asset called Alloy, a smart contract-issued over-collateralized asset backed by Tether Gold 

🔸 ZKsync airdrop claim went live 🪂 

🔸 LayerZero airdrop eligibility checker is live, claiming starts tomorrow

🔸 Consumers' Research said that Tether (USDT issuer) is the new FTX 

🏦 Crypto exchanges

🔸 BlackRock, Bitwise, Fidelity, VanEck, Franklin, 21Shares, and Grayscale all filed an updated version of their S-1 spot Ethereum ETF application

🔸 Brazil investigates foreign crypto accounts for tax evasion

🔸 Özer founded Thodex, Turkey’s once-largest crypto exchange, starts his 11,196-year prison sentence 

🔸 South Korean media reported that exchanges will inspect 600 tokens  

🔸 Binance has successfully integrated USDT on the Toncoin Network ⛓ 

💵 Finances and Economy

🔸 British bank Standard Chartered is opening a spot Bitcoin and Ethereum trading desk in London 🇬🇧

🔸 Deutsche Telekom announced its plan to begin mining Bitcoin  

🔸 Evolve Bank and Trust has agreed to a cease-and-desist order with the Federal Reserve

🔸 Researchers claim GPT-4 AI has passed the Turing test 

⚖️ Law and Order

🔸 The CFTC is probing Jump Crypto, one of the biggest companies in crypto

🔸 Nigeria’s Federal Inland Revenue Service filed dropped tax evasion charges against Binance’s head of financial crime compliance

 🗣 Personalities

🔸 The Winklevoss brothers, the executives atop Gemini, gave $1 million each to the Donald Trump campaign 

🚀 Best performers of the week:

Tron - $0.119 (↑2.7%)

Pendle - $5.79 (↑2.4%)

First Digital USD - $1.00

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