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• Cashea bids farewell to the initial 20% and causes a stir in Venezuela.
• The third largest stablecoin in the market lost its peg to the dollar.

This week the Bitcoin community experienced a bloody market and the consequences were immediate: millions of dollars in liquidations and even technical failures on a certain platform, the largest exchange by trading volume.

After the collapse —which took many by surprise after a new all-time high was set—, the price of bitcoin has been fluctuating between USD 106,000 and USD 116,000, generating concern among those waiting for the return of the bullish rally. Something that most analysts predict, although possibly not as soon as many would like.

And while the market is waiting to see what will happen with the price, it was revealed that the United States has in its hands a new stash of BTC, as a result of a new seizure.

At the regional level, Spain gives the green light to cryptocurrency seizures for debts with the tax agency. This, while Venezuelan users find themselves in the midst of an uproar over changes in Cashea, the credit platform that ( along with USDT) serves as a tool against inflation.

If you missed some of the most relevant news of the week, don't worry, we also compiled them for you with our informative menu.

• A certain platform recognizes technical failures during the market downturn
• BCP becomes the first bank in Peru to offer bitcoin and USDC
• Bitcoiners discuss the drop: <<investment rules were broken>>
• The United States now has over 300,000 bitcoins
• The controversial version 30 of Bitcoin Core is here.
• Solana and Ethereum embrace DeFi on a certain platform
• Circle works to promote micropayments with USDC based on AI
• Metaplanet collapses below its bitcoin reserves

Tags: Bitcoin (BTC), Cryptocurrencies, Latest, Prices and Trading</se>