Crypto weekly: Celsius distributed $2 billion of crypto to creditors, court document shows; Crypto Market Value Climbs Back Above $2 Trillion in Broad Rally.

Welcome to our cryptocurrency events review. The last few days were full of interesting news from the world of digital assets. Next week also promises to be full of events that may affect the overall market picture.

Review of the past week:

February 12, 2024

Criminal sentencing of Binance founder CZ postponed to late April.
The sentencing of former Binance CEO Changpeng Zhao on a money laundering rule charge has been postponed until April 30.
Read more

February 13, 2024

Ripple to Buy New York Crypto Trust Company to Expand U.S. Options.
Standard Custody & Trust Co., which has a New York charter, will be the latest acquisition to grow Ripple’s regulatory qualifications. Read more

February 15, 2024

Crypto Market Value Climbs Back Above $2 Trillion in Broad Rally.
Bitcoin trades near highest since 2021 as it hovers at $52,000. Inflows into new US spot ETFs are supporting bullish sentiment. Read more

February 15, 2024

MicroStrategy’s Unconventional Bitcoin Bet Is Now Worth $10 Billion.
The software company owned 190,000 Bitcoin as of February 5. Its balance sheet surges by billions of dollars with rally. Read more

February 16, 2024 Celsius distributed $2 billion of crypto to creditors, court document shows.
Bankrupt lender Celsius has distributed $2 billion worth of crypto to creditors, including over 20,000 BTC and 301,000 ETH. Read more


What’s coming up for us this week:

February 21, 2024 U.S. Federal Open Market Committee (FOMC) Meeting Minutes.
The minutes of regularly scheduled meetings will be released on February 21, 2024, at 07:00 P.M. UTC. Read more


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Best regards,
FYBIT team