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:
| June 25, 2024 | Solana Foundation unveils tools that turn any website or app into starting point for crypto transactions. The Solana Foundation is introducing tools that are able to turn websites, apps, social media platforms and QR codes into launching points for crypto transactions on the Solana blockchain. Read more |
| June 27, 2024 | Coinbase sues SEC, FDIC over FOIA requests, says federal regulators trying to cut out crypto. The crypto exchange accused federal financial regulators of trying to cut off the crypto industry from the banking sector in the complaints. Read more |
| June 27, 2024 | Vitalik Buterin backs new blockchain MegaETH as it raises $20 million at ‘9-figure’ token valuation. The round brought MegaETH’s fully diluted token valuation to at least $100 million, co-founder Shuyao Kong told The Block. Read more |
| June 28, 2024 | U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians. The IRS has now set up its reporting system for crypto brokers, but it set aside related rules for DeFi and unhosted wallets as it continues to study 44,000 comments to the agency. Read more |
| June 29, 2024 | SEC returns S-1 forms to Ethereum ETF issuers, with at least one more round to goThe SEC has returned the S-1 forms to prospective Ethereum ETF issuers with light comments, asking them to fix the issues and refile. Read more |
What’s coming up for us this week:
| July 02, 2024 | U.S. Fed Chair Powell Speaks. Federal Reserve Chair Jerome Powell (Feb. 2018 – Feb. 2026) is to speak on July 02, 2024, at 01:30 P.M. UTC. Read more |
| July 03, 2024 | U.S. Federal Open Market Committee (FOMC) Meeting Minutes. The minutes of regularly scheduled meetings will be released on July 03, 2024, at 06:00 P.M. UTC. Read more |
| July 05, 2024 | U.S. Federal Reserve Monetary Policy Report. The Federal Reserve Board will report on monetary policy on July 05, 2024, at 03:00 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
