Bitcoin Soars Amid Looming Regulation (Weekly Recap)

Key Takeaways

• BTC surpassed $30k for the first time in 10 months. Bullish, but it won’t last.
• U.S. Treasury released a report on DeFi. In the end, they said: “The Dollar is used more for crime.”
• Binance continues to face regulatory heat with products removed from Australia. Not your keys..
• There is a growing momentum of crypto outside of the U.S.
• Ethereum withdrawals should have happened by now. A likely non-event.
• The team provided 1 underappreciated news event this week.