Top Crypto Stories This Week: From Drink Spiking in HK to Bitcoin Spiking to $72K
Bitcoin surged past $70K, peaking at $72K before a dip. Yet, crypto firms Kraken, Consensys, and dYdX faced layoffs, Coinbase missed earnings, and Tether is under U.S. probe. Amid this, ex-DWF co-founder Eugene Ng faces drink-spiking allegations, casting scrutiny on crypto's ethics.
Latest
History Repeats; Bitcoin's Record Surge, Pullback, and a Swift Comeback
Bitcoin surged past $100,000 again, reclaiming the psychologically important mark after a brief pullback, bolstered by CPI relief and ETF inflows. President-elect Trump's pro-crypto policies and market momentum set the stage for further gains.
Trump's World Liberty Financial Buys Millions in ETH, LINK, AAVE
Trump's World Liberty Financial spent millions on Ethereum, Chainlink, and Aave, causing price surges. WLFI acquired 2,631 ETH, 41,335 LINK, and 3,357 AAVE
Sui (SUI) Soars Amid Net Inflow Surge, Ecosystem Growth
Sui has been attracting significant investor interest and dominating daily net inflow of funds, with its strong growth is fueled by increasing trading volume and a robust ecosystem.
Hong Kong to Accelerate Crypto Licensing, State Fund May Invest
Hong Kong plans a faster crypto licensing process and explores digital assets in fiscal reserves, aiming to boost its role as a financial hub