<![CDATA[This week in crypto: bitcoin <a href="https://cryptonews.com/news/bitcoin-price-pumps-from-28000-30000-back-again-within-minutes-after-unsubstantiated-rumors-of-spot-btc-etf-approval.htm">pumped from under $28,000 to $30,000 on Monday as unverified rumors</a> that the US SEC had approved BlackRock&rsquo;s iShares spot Bitcoin ETF application hit social media, Sui faced turbulent times as <a href="https://cryptonews.com/news/sui-foundation-faces-probe-token-price-hits-all-time-low.htm">its price hit all-time lows</a>, and Depository Trust &amp; Clearing Corporation <a href="https://cryptonews.com/news/us-clearinghouse-dtcc-acquires-blockchain-startup-securrency-50-million-deal.htm">acquired blockchain startup Securrency Inc.</a> in a deal worth around $50 million.The case against disgraced FTX founder Sam Bankman-Fried continued: the prosecution revealed <a href="https://cryptonews.com/news/prosecution-sbf-trial-reveals-telling-twitter-direct-messages-from-bankman-fried.htm">telling Twitter messages from Bankman-Fried</a>, the former head of engineering said that the exchange <a href="https://cryptonews.com/news/former-head-of-engineering-for-ftx-nishad-singh-testifies-against-sam-bankman-fried.htm">paid $1.13 billion in endorsement deals</a>, the University of Notre Dame accounting professor <a href="https://cryptonews.com/news/notre-dame-professor-reveals-ftxs-financials-it-mustve-come-from-customer-funds.htm">revealed the results of a detailed analysis of FTX and Alameda Research's</a> financial past, the FTX bankruptcy estate <a href="https://cryptonews.com/news/ftx-estate-stakes-122-million-worth-of-solana-on-chain-report.htm">staked over SOL 5.5 million valued at $122 million</a>, and customers of FTX and FTX.US <a href="https://cryptonews.com/news/ftx-customers-may-see-90-asset-return-by-q2-2024-amended-proposal.htm">may reclaim more than 90% of their assets</a> as part of an amended proposal.&nbsp;Meanwhile, Trezor <a href="https://cryptonews.com/news/trezor-wallets-new-products-aim-streamline-crypto-for-beginners.htm">launched two new products and a limited-edition Bitcoin wallet</a> that sold out in a day, and Ryder closed a $1.2 million raise while also announcing <a href="https://cryptonews.com/news/ryder-reveals-hardware-wallet-that-replaces-seed-phrases-with-novel-recovery-system-and-no-central-entity-raises-12-million.htm">the Ryder One hardware wallet featuring a recovery system</a> designed to replace the seed-phrase process. OMA3 formed <a href="https://cryptonews.com/news/bored-apes-creator-yuga-labs-magic-eden-collaborate-fix-nft-royalties-problem-whats-going-on.htm">a working group to find the best way to standardize creator royalties</a> on NFT marketplaces, WAX's NFT game Brawlers <a href="https://cryptonews.com/news/blockchain-brawlers-enters-fortnites-home-launches-on-epic-games-store-to-230-million-gamers-globally.htm">launched on Fortnite's home Epic Games Store</a>, Bandai Namco <a href="https://cryptonews.com/news/japanese-gaming-giant-bandai-namco-halts-gundam-metaverse-downloads-whats-going-on.htm">suspended downloads of Gundam Metaverse</a> amid rumors of a major leak, and a report found that <a href="https://cryptonews.com/news/web3-gaming-continues-garner-investor-attention-despite-bear-market-heres-latest.htm">Web3 gaming continued to garner investor attention</a> despite the bear market. &nbsp;In the US, California Governor <a href="https://cryptonews.com/news/california-governor-signs-bitlicense-crypto-licensing-bill-into-law-effective-july-2025.htm">Gavin Newsom approved a crypto licensing bill</a> that is set to take effect in July 2025, the New York Attorney General filed <a href="https://cryptonews.com/news/new-york-attorney-general-sues-gemini-trust-genesis-global-dcg-for-defrauding-customers.htm">a complaint against Gemini, Genesis, and DCG</a>, the Treasury <a href="https://cryptonews.com/news/us-treasury-imposes-sanctions-crypto-exchange-linked-hamas-financing.htm">imposed sanctions on a crypto exchange in Gaza</a> involved in Hamas fundraising, SEC Chairman Gary Gensler said that the staff is <a href="https://cryptonews.com/news/secs-gensler-bitcoin-etfs-staff-working-multiple-filings.htm">working on multiple Bitcoin ETF filings</a>, Matrixport predicted that <a href="https://cryptonews.com/news/bitcoin-could-hit-42k-if-blackrock-bitcoin-etf-approved-matrixport.htm">BTC could hit $42,000 if the BlackRock Bitcoin ETF</a> is approved, and Cathie Wood <a href="https://cryptonews.com/news/ark-invests-cathie-wood-blames-gary-gensler-for-obstructing-proposed-spot-bitcoin-etfs-not-sec.htm">blamed Gary Gensler for obstructing</a> spot Bitcoin ETFs, not the SEC. Speaking of which, Edward Snowden spoke at the 2023 Bitcoin Conference <a href="https://cryptonews.com/news/snowden-talks-risks-of-bitcoin-etfs-anonymity-concerns-at-amsterdam-conference.htm">about the risks of Bitcoin ETFs</a>, among other topics.&nbsp;Elsewhere, Russia&rsquo;s Sber said <a href="https://cryptonews.com/news/russian-business-titan-sber-join-digital-ruble-pilot.htm">it would join the Central Bank&rsquo;s digital ruble pilot</a>, some of Japan&rsquo;s biggest businesses <a href="https://cryptonews.com/news/major-japanese-businesses-ask-govt-reform-crypto-tax-system-1.htm">asked the nation&rsquo;s government to make crypto tax reforms</a>, South Korea was looking to establish comprehensive <a href="https://cryptonews.com/news/south-korean-regulator-establish-standards-for-issuance-distribution-of-crypto.htm">guidelines for the issuance and distribution of cryptocurrencies</a>, South Korean prosecutors <a href="https://cryptonews.com/news/south-korean-crypto-killers-may-face-death-penalty.htm">requested the death penalty for four suspects</a> in a crypto murder-kidnap case, Israel ordered <a href="https://cryptonews.com/news/israeli-authorities-order-seize-millions-crypto-linked-hamas.htm">a freeze on hundreds of crypto accounts</a> and seized millions in crypto to block the flow of funds to Hamas, and Tether <a href="https://cryptonews.com/news/major-stablecoin-issuer-tether-freezes-870000-linked-criminal-activities-israel-ukraine.htm">froze 32 addresses related to events in Israel and Ukraine</a> amounting to $870,000.As that was happening, Coinbase <a href="https://cryptonews.com/news/coinbase-chooses-ireland-as-main-european-hub-as-regulatory-pressure-continues-us.htm">chose Ireland for its main European hub</a> as regulatory pressure in the US continued, Bitpanda secured <a href="https://cryptonews.com/news/bitpanda-secures-virtual-asset-service-provider-license-norway-pioneering-european-exchange.htm">a license to offer virtual asset services in Norway</a>, Upbit got an <a href="https://cryptonews.com/news/crypto-exchange-upbit-receives-in-principle-license-approval-from-singapore.htm">in-principle approval for a Major Payment Institution license</a> from the Monetary Authority of Singapore, and Binance France's general manager <a href="https://cryptonews.com/news/binance-france-director-steps-down-amid-ongoing-senior-leadership-exits-1.htm">decided to step down from her role</a> after a year and six months.Let&rsquo;s joke!__________First of all, GM &lt;3<figure class="media"><oembed url="https://twitter.com/xamanap/status/1714231660856689064"></oembed></figure>__One more time for those in the back: GM!<figure class="image"><img src="https://cimg.co/news/126615/334385/altcoinsherpa-twitter.jpg" alt="" srcset="https://cimg.co/news/126615/334385/responsive-images/altcoinsherpa-twitter___media_library_original_933_1009.jpg 933w, https://cimg.co/news/126615/334385/responsive-images/altcoinsherpa-twitter___media_library_original_900_973.jpg 900w, https://cimg.co/news/126615/334385/responsive-images/altcoinsherpa-twitter___media_library_original_720_779.jpg 720w, https://cimg.co/news/126615/334385/responsive-images/altcoinsherpa-twitter___media_library_original_600_649.jpg 600w, https://cimg.co/news/126615/334385/responsive-images/altcoinsherpa-twitter___media_library_original_300_324.jpg 300w" sizes="100vw" width="933" class="content-img"><figcaption>Source: AltcoinSherpa / Twitter</figcaption></figure>__Here&rsquo;s your BTC analysis for today.<figure class="media"><oembed url="https://twitter.com/scottmelker/status/1714041948577607851"></oembed></figure>__Are we there yet?<figure class="media"><oembed url="https://twitter.com/TeddyCleps/status/1709470842617241969"></oembed></figure>__A crypto trader! Works 24/7!<figure class="media"><oembed url="https://twitter.com/intern/status/1700206306328543303"></oembed></figure>__Does experience count?<figure class="image"><img src="https://cimg.co/news/126615/334382/devchart-twitter.jpg" alt="" srcset="https://cimg.co/news/126615/334382/responsive-images/devchart-twitter___media_library_original_878_888.jpg 878w, https://cimg.co/news/126615/334382/responsive-images/devchart-twitter___media_library_original_720_728.jpg 720w, https://cimg.co/news/126615/334382/responsive-images/devchart-twitter___media_library_original_600_607.jpg 600w, https://cimg.co/news/126615/334382/responsive-images/devchart-twitter___media_library_original_300_303.jpg 300w" sizes="100vw" width="878" class="content-img"><figcaption>Source: devchart / Twitter</figcaption></figure>__Aaaand discuss.&nbsp;<figure class="image"><img src="https://cimg.co/news/126615/334387/naiivememe-twitter.jpg" alt="" srcset="https://cimg.co/news/126615/334387/responsive-images/naiivememe-twitter___media_library_original_646_680.jpg 646w, https://cimg.co/news/126615/334387/responsive-images/naiivememe-twitter___media_library_original_600_632.jpg 600w, https://cimg.co/news/126615/334387/responsive-images/naiivememe-twitter___media_library_original_300_316.jpg 300w" sizes="100vw" width="646" class="content-img"><figcaption>Source: naiivememe / Twitter</figcaption></figure>__You know it&rsquo;s true.<figure class="media"><oembed url="https://twitter.com/LilMoonLambo/status/1714421073381294087"></oembed></figure>__So, it&rsquo;s a bull market now? Now now?<figure class="media"><oembed url="https://twitter.com/0xBackwards/status/1696531206429667562"></oembed></figure>__Not your seeds, not your melons.<figure class="media"><oembed url="https://twitter.com/xamanap/status/1714638353163780553"></oembed></figure>__Appropriate change of company. Pun always intended.<figure class="media"><oembed url="https://twitter.com/AutismCapital/status/1714303011428909228"></oembed></figure>__It&rsquo;s his own damn fault, not having any sense of humour.<figure class="media"><oembed url="https://twitter.com/KyleSGibson/status/1714654058383081754"></oembed></figure>__They'll certainly try.<figure class="image"><img src="https://cimg.co/news/126615/334388/thebtctherapist-1-twitter.jpg" alt="" srcset="https://cimg.co/news/126615/334388/responsive-images/thebtctherapist-1-twitter___media_library_original_788_980.jpg 788w, https://cimg.co/news/126615/334388/responsive-images/thebtctherapist-1-twitter___media_library_original_720_895.jpg 720w, https://cimg.co/news/126615/334388/responsive-images/thebtctherapist-1-twitter___media_library_original_600_746.jpg 600w, https://cimg.co/news/126615/334388/responsive-images/thebtctherapist-1-twitter___media_library_original_300_373.jpg 300w" sizes="100vw" width="788" class="content-img"><figcaption>Source: TheBTCTherapist / Twitter</figcaption></figure>__GoddammedBlur!<figure class="image"><img src="https://cimg.co/news/126615/334389/udiwertheimer-twitter.jpg" alt="" srcset="https://cimg.co/news/126615/334389/responsive-images/udiwertheimer-twitter___media_library_original_500_680.jpg 500w, https://cimg.co/news/126615/334389/responsive-images/udiwertheimer-twitter___media_library_original_300_408.jpg 300w" sizes="100vw" width="500" class="content-img"><figcaption>Source: udiWertheimer / Twitter</figcaption></figure>__'Anything' doesn&rsquo;t mean 'anything'.<figure class="image"><img src="https://cimg.co/news/126615/334568/captainslow-twitter.jpg" alt="" srcset="https://cimg.co/news/126615/334568/responsive-images/captainslow-twitter___media_library_original_500_726.jpg 500w, https://cimg.co/news/126615/334568/responsive-images/captainslow-twitter___media_library_original_300_436.jpg 300w" sizes="100vw" width="500" class="content-img"><figcaption>Source: CaptainSlow / Twitter</figcaption></figure>__Ooh, come now. It&rsquo;s all going to be.<figure class="media"><oembed url="https://twitter.com/CryptoLimbo_/status/1710623273992515878"></oembed></figure>__'Tis the scary truth season.<figure class="image"><img src="https://cimg.co/news/126615/334384/devchart-1-twittee.jpg" alt="" srcset="https://cimg.co/news/126615/334384/responsive-images/devchart-1-twittee___media_library_original_640_398.jpg 640w, https://cimg.co/news/126615/334384/responsive-images/devchart-1-twittee___media_library_original_600_373.jpg 600w, https://cimg.co/news/126615/334384/responsive-images/devchart-1-twittee___media_library_original_300_187.jpg 300w" sizes="100vw" width="640" class="content-img"><figcaption>Source: devchart / Twitter</figcaption></figure>__Here&rsquo;s this.<figure class="media"><oembed url="https://twitter.com/intern/status/1692295485304754527"></oembed></figure>__All the safe.<figure class="media"><oembed url="https://twitter.com/AltcoinSherpa/status/1714354296865599858"></oembed></figure>__And lastly, your weekly documentary on ETF-related regulatory events, featuring actual people with live found footage.<figure class="media"><oembed url="https://twitter.com/LilMoonLambo/status/1713958524982566945"></oembed></figure>
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Unverified ETF, Legaled FTX, Blamed SEC and 20 Crypto Jokes

Cryptonews.com

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