Hey Breet Gang,
How’s it going? Are you pumped up & ready to crush another week of capitalism? 😁
See ehn, occasionally I sit down & I ask myself, “this race out of the trenches ehn, when does it end?”
Or should we declare Monday as part of the weekend ni? Who will beat us? 👀
We move sha, we move 🤲🏻
But right before we get into the new week, there’s no better time to breeze through the major new stories in the Crypto world like a Monday! 🌎
Ready? Set? Dig in!
1. As the bearish trend continues, Bitcoin slipped below the 19k mark after a 2.08% loss to hit $18,817, and Ethereum fell 3.04% to a low of $1,260 late Friday. The market keeps dancing konko-below 🥲
2. Crypto Exchange Binance’s unit in the US has hired former FBI agent BJ Kang as the exchange’s first Head of Investigations. It’s giving James Bond vibes.
3. Meanwhile, Fidelity Investments’ digital asset arm has added Ethereum to its crypto platform to allow institutional clients trade ETH from October 28th. Everybody’s tapping into crypto! 🤑
4. In unfortunate news, German Crypto neobank Nuri has announced a shutdown of operations after their inability to find an investor since they filed for insolvency in August. Another one bites the dust 🥲
5. Elon Musk’s electric car company Tesla has announced in a newly released report that the company still holds more than $200m worth of Bitcoin assets. This dip got nothin’ on them! 💰
6. In Terra-related news, Do Kwon has refused to disclose his location, stating that charges leveled against him by South Korea prosecutors are politically motivated. The drama continues o.
7. Digital bank N26 has launched a crypto trading service to allow customers buy and sell tokens such as Bitcoin and Ethereum. The giants of the crypto market steady staying on top! 💪🏻
8. US-based Crypto exchange Kraken sent out email statements on Wednesday to announce that they’re halting services for all Russian-based accounts. Definitely doesn’t sound good 👀
9. And finally; Tether, a major Stablecoin issuer have stated that USDT will be available across 24,000 ATMs in Brazil from November 3rd. Big moves indeed! 🥳
That’s all for today, Breet Gang!
Remember, it’s easy to stay up-to-date on Crypto new stories throughout this week — be sure to follow us on our social media platforms and our blog too.
Till next time, go do great stuff!
