Weekly Update: Hot events and crypto going mainstream

Welcome to our Weekly Update — your source for the hottest crypto market news and ways to win on Bybit.

Talk of the town

Here's what you need to know:

• Gemini joins IPO wave with Nasdaq listing plan amid crypto market boom

• Fed new supervision chief: Banks that don't embrace the shift toward crypto "will play a diminished role in the financial system."

• Franklin Templeton CEO Jenny Johnson called bitcoin a “fear currency” and said it's a distraction from blockchain’s real potential.

• SkyBridge Capital plans to tokenize $300 million of its hedge funds on the Avalanche network.

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Until next time.

Risk warning: Cryptocurrency trading involves substantial risk. We advise all users to conduct thorough independent analysis and consider seeking professional advice before engaging in any trading activities.