From BTC hitting $34k to FTX getting investors for a relaunch, here is everything important that happened in crypto last week!
Hello, crypto fam! Coinmarketcap here with a quick recap of last week's top stories in case you missed them.
Let’s dive deeper!
Here is a 5-minute breakdown of important things that happened last week in crypto!
BTC Blasts Past $34K Outta Nowhere
Houston, we have lift-off!! After months of sideways trading, BTC shocked everyone by suddenly blasting past $34k for the first time since May last year. Turns out renewed hopium for a spot ETF approval lit the rocket fuel. Now analysts are trying not to get too excited in case the SEC crushes dreams yet again.
Could this be the start of the long-awaited bull run? Read the full story here!
Millions Liquidated as BTC Pumps
And a popular crypto figure is on the verge of a $21 million liquidation. Get the entire liquidation details here!
Bitcoin Dominance Hits 30-Month High
$57M Pours Into BTC
Over $57 million flooded into Bitcoin on Monday as ETF hype intensified. With BTC surging past $34k and BlackRock's ticker sneaking onto exchanges, the writing is on the wall. But the SEC isn’t making it that easy!
GBTC Outperforms Nvidia
FTX Secretly Sought Funds From Google
New evidence shows FTX desperately sought emergency funds from giants like BlackRock and Google before imploding. But even mega-investors seemed hesitant to toss cash into the dumpster fire situation.
BlockFi Claws Its Way Out of Bankruptcy
Either BlockFi has found crypto’s fountain of youth or bankruptcy ain’t what it used to be! The lending platform emerged from bankruptcy, now hungry for funds from shadier collapsed firms. But customers likely won't see assets for a while.
FTX Going for a Relaunch?
FTX is planning on rising again! Its investment banker revealed that the firm is reviewing bids to reanimate the dead exchange.
And that concludes our list of last week’s top stories!
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