This week, Bitcoin climbed regularly to reach nearly $ 100,000, in the midst of hopes for a trade in the United States and better macroeconomic conditions to come.
Institutions like Mastercard and Blackrock have made important ads of digital assets.
A historic bill on stables was completed at the US Congress. (An old first -rate assembly of the Chamber expected a “nasty and hot summer of the legislation.)
And the Trump family continued to dominate the cycle of new crypto, raising serious questions of conflict of interest.
In Coindesk, however, the biggest story concerned the movement, a former hot start-up which now seems deeply troubled.
The deputy editor -in -chief, Sam Kessler, published a scoop revealing that movement laboratories could have been misleading in the signing of a marketing agreement which granted intermediate control more than 66 million movement tokens. This agreement would have sparked a sale of $ 38 million, which spilled retail investors who had faithfully bought. The story was particularly resonant because the movement is supported by World Liberty Financial, a company closely attached to the Trump family.
Following the story on Wednesday, Coinbase suspended the move from the registration, reported Nik de, and Binance prohibited the web market marker. On Thursday evening, the movement laboratories had suspended the flamboyant co -founder Rushi Manche (Sam Reynolds) in the middle of current investigations on the “organizational governance” of the project.
It was quite a fall of Grace for a startup that had been warmer than Miami’s beach a few weeks ago.
In other important news, Sam Altman’s Blockchain project World announced its intention to deploy 7,500 orbs scanning your eyes in American cities by the end of the year and adding crypto back loans, prediction markets and a visa debit card to spend WLD tokens to its product offers. Cheyenne Ligon and Margaux Nijkerk had this news.
Meanwhile, Ligon also reported on the Avraham Eisenberg trial, which was sentenced last year for accusations of wire fraud, raw materials and manipulation of raw materials linked to piracy of $ 110 million in mango markets. The new conviction concerns Eisenberg with sexual children’s abuse material in 2024.
The profits season brought mixed results for major exchanges and facilitators. Robinhood said he was expecting withdrawal from the first quarter of the Crypto income (reported Helene Braun). Kraken said his income increased 29% in the same period (Francisco Rodrigues). The strategy reported a loss of $ 4.2 billion in the first quarter on the drop in Bitcoin prices. But he still plans to collect more than $ 50 billion for the purchase of Bitcoin in the next 32 months (James Van Straten).
Where are we going from here? The market signals seem promising, especially if fears of the price decrease. But the movement can have some crisis management to be examined.
