Hey Hamsters! 🐹 This week was packed with events but honestly isn’t it every week in crypto? Market bloodbath, industry-changing trials, and more — let’s see what’s been driving the headlines. Bitcoin is back to the $60,000 level after dropping below $50,000 earlier this week, while Ethereum is trading around $2,600, losing over 10% in price this week. The FTX and CFTC trial is over, while the SEC took a win in the years-long battle with Ripple. Ripple CEO believes this is #tangled social
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a win for the company because they’ll only have to pay $125 million in fines instead of the $2 billion the SEC requested. The TrumpCoin (DJT) appears to have been rug pulled after one wallet sold 2 billion tokens in one transaction. The price fell down by over 95% to date. Meanwhile, another Donald Trump-related coin called Restore the Republic (RTR) plummeted by 95% after one tweet from Eric Trump. Lamborghini partnered with Animoca Brands for Web-3-based digital experiences. While Adidas teamed up with Ethereum NFT collection Doodles. That's all for today! Subscribe and remember: Hamsters are power 💪