The Week in Bitcoin / Crypto - Last Week / Next Week

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10xResearch2024/08/11 14:17

By:Markus Thielen

Institutional Crypto Research Written by Experts

Last Week

👇1-10) On Sunday, August 4, Jump Crypto shifted its remaining large-scale ETH holdings to various exchanges, triggering liquidations and heightened market volatility. The total value of Ether transferred amounted to $277 million.

👇2-10) Michael Saylor's MicroStrategy is raising $2 billion to acquire more BTC.

👇3-10) Brazil approved the launch of the world’s first spot Solana ETF.

👇4-10) Ethena’s USDe stablecoin is now live on Solana, with SOL added as a backing asset for USDe.

👇5-10) Jupiter’s proposal to reduce $JUP supply by 30% has been approved, and Lido has introduced Lido Institutional Liquid Staking.

👇6-10) A judge has approved a $12.7 billion settlement between FTX and the CFTC, concluding a 20-month-long lawsuit.

👇7-10) As of August 7, 2024, the firm's 15,000 financial advisors were given the green light to recommend Bitcoin exchange-traded funds (ETFs), specifically from BlackRock and Fidelity, to eligible clients.

👇8-10) SUI +53% WoW as Grayscale launches new crypto investment trusts for SUI and TAO

Next Week

👇9-10) Economic data: US CPI on Wednesday, August 14, US Jobless Claims and Retail Sales on Thursday, August 15

👇10-10) Unlocks: Aptos (Monday, August 12), The Sandbox (August 14), Starknet (August 15), Arbitrum (August 16), ApeCoin (August 17), Oasis Network (August 18)

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