Coindsk Weekly: Even ETH has ended

It was a very positive week for encryption with high prices, large deals were signed, and Stablecoins continued to penetrate the financial system. Until eth, a permanent landing recently, It rose sharplyIt reaches approximately $ 2300 at the time of the press.

Coindesk 20, a measure of the entire market, has risen, 15 % -pus Since Monday.

Bitcoin was near ATH levels this week against the most positive “commercial” news background. bearish Parking has been filtered ETF flows were rising, Omkar Godobile mentioned.

ETH may have a relationship with it Petra upgradeWhich was launched without an obstacle (as Ethereum promotions) tend. It will make the firstborn easier (and larger) and enhance efficiency. Margaux Nijkerk, our Ethereum correspondent, was the news.

Coinbase signed the largest acquisition in the history of Crypto, a $ 2.9 billion deal for Deribit, the pioneer of encryption options. Wall Street analysts said that Coinbase is now A real player in the derivativesBinance competition.

However, the deal was unable to enhance the price of Coinbase, which achieved great success in the Q1 Profits. Helen Brown wrote about it.

About these stablecoins … it seems that Meta (previously Facebook) is ready to join Integration Party; like No tape. But Democrats in the Senate StablecoinQuoting concerns about many suspicious encryption projects. This delay, in turn, may affect the timetable of the most comprehensive “market structure” draft law.

“Live Free or DIE”) signed the first state of the United States Crystate reserve law. A lot was set to follow, Jesse Hamilton mentioned.

Meanwhile, Strike, which started as Bitcoin, has announced plans to enter the Bitcoin -based lending. Many expect the Bitcoin Credit market from here.

This happened in the same week, and was another lender in Bitcoin – the founder of the disgraceful Celsius Alex Machinsky – He was sentenced to 12 years in prison To defraud securities related to the last session. We hope Bitcoin lending will work better this time.