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:
| April 02, 2024 | Silk Road Bitcoin Worth $2B Moved by U.S. Government. The last confirmed government sale was just more than a year ago. Read more |
| April 03, 2024 | Broken code traps $24m of Lido staked SOL — and holders want their tokens back. Lido is a liquid staking protocol — it lets users stake tokens and receive placeholder tokens in return that can be used in other DeFi protocols. With more than $31 billion of deposits, Lido is the biggest protocol in DeFi. Read more |
| April 04, 2024 | Morgan Stanley wants to beat UBS to become first Bitcoin ETF bank. Morgan Stanley and UBS are set to add Bitcoin ETFs to their platform next week. Read more |
| April 04, 2024 | Ripple, Developer Behind XRP Ledger, Enters Stablecoin Fray vs. Tether, USDC. The token will be “100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents,” according to the company. Read more |
| April 04, 2024 | US PayPal customers will be able to use stablecoin for international paymentsPayPal said it’s rolling out a new service that allows U.S. clients to send cross-border money transfers using the company’s PYUSD stablecoin. Read more |
What’s coming up for us this week:
| April 10, 2024 | Next release of U.S. Consumer Price Index. March 2024 CPI data are scheduled to be released on April 10, 2024, at 12:30 P.M. UTC. Read more |
| April 10, 2024 | U.S. Federal Open Market Committee (FOMC) Meeting Minutes. The minutes of regularly scheduled meetings will be released on April 10, 2024, at 06:00 P.M. UTC. Read more |
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Best regards,
FYBIT team
