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
• 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 1
• The NYSE plans to allow trading of tokenized securities alongside traditional stocks
• The co-founder of Solana Labs warned about the risks of quantum computers for Ethereum layer 2 solutions
• About 83% of BitMine's ETH holdings are now staked
• The amount of ETH pending withdrawal from staking skyrocketed by 72,000% in two weeks
• Hyperliquid launched its first prediction market on the mainnet
BTC1.55%
ETH2.13%
ARB-1.21%
SOL0.97%
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