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:
| July 15, 2024 | Tether taps Chainalysis’ former Chief Economist to help communicate with regulators and stakeholders. Tether announced the appoint of Philip Gradwell as Head of Economics. Read more |
| July 17, 2024 | FTX and CFTC agree to $12.7B settlement, subject to court approval. The US commodities regulator didn’t seek a civil monetary penalty, meaning the entire $12.7 billion would be used to pay back FTX’s creditors. Read more |
| July 19, 2024 | Galaxy Buys Almost All of CryptoManufaktur’s Assets, Expanding Ethereum Staking Portfolio. The acquisition by publicly traded Galaxy Digital, led by Michael Novogratz, will expand the firm’s role in Ethereum staking, as part of a broader effort to push deeper into the business of blockchain infrastructure. Read more |
| July 19, 2024 | CBOE gives official launch date for spot Ethereum ETF. The Chicago Board Options Exchange has confirmed that five spot Ethereum ETF products will begin trading on July 23. Read more |
| July 22, 2024 | Biden ends failing reelection campaign, backs Harris as nomineeBiden, who at 81 is the oldest person ever to have occupied the Oval Office, said he would remain in the presidency until his term ended on Jan. 20, 2025, and would address the nation this week. Read more |
What’s coming up for us this week:
| July 25, 2024 | U.S. Gross Domestic Product (GDP). Gross Domestic Product (GDP) will be published on July 25, 2024, at 12:30 P.M. UTC. Read more |
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Best regards,
FYBIT team
