Last week was pure pain for crypto.
➜ BTC dropped to $59k.
➜ ETH touched $1.5k again.
➜ $5.7B in longs got wiped.
➜ ETFs kept bleeding.
➜ Even biggest bulls are deep underwater rn.
Crazy part this is exactly kinda market that makes people quit right before things eventually turn around.
🔥 LATEST: The United Nations Development Programme (UNDP) launches a Blockchain Advisory Group.
The group brings together 26 organizations, including Cointelegraph:
• Algorand Foundation
• Arbitrum Foundation
• Avalanche Foundation
• Blockchain for Good Alliance
• Blockchain for Impact
• Cardano Foundation
• Celo Foundation
• Cointelegraph
• Interchain Foundation (Cosmos)
• Dfinity Foundation
• Dubai Blockchain Centre
• Ethereum Foundation
• Exponential Science Foundation
• Filecoin Foundation
• FLockio
• Funding the Commons
• Giveth
• InfStones
• Kraken
• NEARWeek
• Nordic Blockchain Association
• Partisia Blockchain Foundation
• Stellar Development Foundation
• Sui Foundation
• The Blockchain Center Abu Dhabi
• Web3 Foundation
LATEST: ⚡️ Joseph Lubin pushed back on concerns over Ethereum Foundation cuts and departures, saying the foundation's role should be narrower and more focused on core tech and values.