Cryptocurrencies keep pushing boundaries, and each headline is a testament to the industry’s growth. Let us bring you up to speed with the most significant stories from the past week. Next week also promises to be full of events that may affect the overall market picture.
Review of the past week:
| April 24, 2024 | US Seeks Three-Year Prison Sentence for Ex-Binance CEO Zhao. Zhao stepped down after US agreement to pay $4.3 billion. Read more |
| April 24, 2024 | Instagram Influencer Known as “Jay Mazini” Sentenced to 84 Months in Prison for Overlapping Fraud Schemes. Defendant Capitalized on His Social Media Persona to Commit Fraud, Including a Scheme That Bilked the Muslim Community Out of Over $8 Million. Read more |
| April 25, 2024 | Tesla Maintains Bitcoin Holdings — Balance Sheet Shows $184 Million in Digital Assets. Tesla continues to hold onto its 11,509 bitcoins, which have a market value of over $745 million. Read more |
| April 25, 2024 | Franklin Templeton tokenizes $380 million US government money fund on Polygon, Stellar. The asset manager has launched the Franklin OnChain United States Government Money Fund (FOBXX) on Polygon and Stellar, offering shares as BENJI tokens. Read more |
| April 27, 2024 | Franklin Templeton lists Ethereum ETF on DTCCThe DTCC listing does not guarantee SEC approval of Franklin’s spot Ether ETF application. Read more |
What’s coming up for us this week:
| May 01, 2024 | Fed Interest Rate Decision. Federal Open Market Committee (FOMC) members will announce the interest rate on May 01, 2024, at 06:00 P.M. UTC. Read more |
As the crypto landscape evolves, so does the need for a reliable platform. At FYBIT, we provide the tools for your success. Don’t wait, trade with FYBIT.
Best regards,
FYBIT team
