Monday July 31, 2023

Your Weekly Update On All Things Crypto

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TL;DR

Twitter Rebranding Sparks Excitement About Possible Integration With Crypto
Russian Bitcoin Mining Operations Continue To Thrive
DOJ Shall Not Pursue Campaign Finance Charge Against SBF
Binance To Submit Motion Requesting Dismissal Of CFTC Complaint
Bitcoin (-2.7%) Continues its Downward Move as Market Sentiment Wains
Ethereum (-1.4%) Nears Inflection Point Following Long-Term Ascending Triangle Formation

MACRO NEWS

Twitter Rebranding Sparks Excitement About Possible Integration With Crypto...

CEO Elon Musk has expressed much interest in integrating viable payments methods into the social media platform, which is being rebranded as X. Musk envisions an everything app that could potentially alleviate the massive debt accumulated by the company via digital payments, including crypto options.

Russian Bitcoin Mining Operations Continue To Thrive...

Amid international sanctions, the Russian Bitcoin (BTC) mining industry is experiencing rapid growth as mining machine manufacturers like Bitmain and MicroBT expand their operations into the country. According to Ethan Vera, COO of Luxor Technologies, more mining machines are being deployed in Russia than anywhere else in the world.

DOJ Shall Not Pursue Campaign Finance Charge Against SBF...

The Department of Justice (DOJ) has reportedly decided not to pursue a campaign finance charge against Sam Bankman-Fried (SBF) in connection with his extradition from the Bahamas.

Binance To Submit Motion Requesting Dismissal Of CFTC Complaint...

The CFTC had filed a lawsuit in March, alleging that Binance, along with its founder Changpeng Zhao and compliance officer Samuel Lim, conducted derivatives trading operations in the United States and instructed American employees to hide their locations to evade regulations.

INDUSTRY EVENTS

August 15th-16th, 2023.

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TECHNICAL ANALYSIS

Bitcoin (-2.7%) Continues its Downward Move as Market Sentiment Wains

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Ethereum (-1.4%) Nears Inflection Point Following Long-Term Ascending Triangle Formation

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CONTENT OF THE WEEK

Crypto Won't Be The Same After This

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A Historic Day for Crypto Policy

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Bitcoin Keeps Winning In A Sea Of Uncertainty

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We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.

CryptoWeekly - Russian Bitcoin Miners are Thriving

Twitter Rebranding Sparks Excitement About Possible Integration With Crypto...

Russian Bitcoin Mining Operations Continue To Thrive...

DOJ Shall Not Pursue Campaign Finance Charge Against SBF...

Binance To Submit Motion Requesting Dismissal Of CFTC Complaint...

August 15th-16th, 2023.

Older messages

Twitter Rebranding Sparks Excitement Over Crypto Integration

Crypto might be the future for France...

Coinbase CEO Brian Armstrong To Meet With House Democrats

Bitcoin Miners are Perfectly Positioned For AI...

Ripple Wins! Judge Declares XRP Not A Security

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