What happened this weekend in the crypto market?


• $150 million in short positions on cryptocurrencies were liquidated in one hour
• Bitcoin reached $80,000 and Ethereum $2,350
• Arbitrum voted to unlock $71 million in ETH to limit the impact of the Kelp DAO exploit
• KKR committed $10 billion to build power plants and data centers dedicated to AI
• Peter Thiel's Founders Fund raised $6 billion in its 4th funding round
• GameStop proposed to buy eBay for $56 billion
• The Central Bank of Brazil banned the use of Bitcoin and stablecoins in cross-border payments starting October 1st
• The NYSE plans to allow trading of tokenized securities alongside traditional stocks
• Tensions between the United States and Iran impacted US mortgage credit, while China instructed its companies to ignore US sanctions
• Elon Musk now aims for a net worth of $10 trillion after surpassing $800 billion
• Bitcoin miners are expected to earn more from AI than mining by the end of 2026
• Solana Labs co-founder warned about the risk of quantum computers for Ethereum layer 2 solutions
• Argentina's Securities and Exchange Commission expanded tokenization rules to more assets
• New York prosecutor recovered $5 million from Uphold for a deceptive yield product
• KB Financial partnered with Pantera Capital to strengthen its blockchain strategy
• Goldman Sachs announced its best first quarter in five years
• Coinbase's Anthony announced an agreement on a key provision of a US crypto bill
• The proposed compromise on stablecoin yields is about to be published
• Trump threatened to resume strikes against Iran after declaring plans to take control of Cuba
• Bitcoin's return on investment remained positive over the past three months, reaching $79,000
• About 83% of BitMine's ETH holdings are now staked
• The amount of ETH pending withdrawal from staking surged by 72,000% in two weeks
• Active stablecoin addresses increased by 673% over five years
• OPEC+ announced an increase in production as oil prices exceeded $125
• 60,000 people hold three times more wealth than the bottom half of the global population
• Hyperliquid launched its first prediction market on the mainnet
• Saylor stated that no Bitcoin purchases took place this week
• Anthropic finalized a $1.5 billion joint venture with Blackstone, Goldman Sachs, and Hellman & Friedman
BTC1.79%
ETH2.38%
ARB-0.8%
SOL1.19%
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