Fintech

Five things in crypto this week: bitcoin ETF, inflation and FTX’s $25bn price tag

Investors pile into crypto to avoid FOMO, Kazakhstan limits bitcoin mining and Paul Tudor Jones leaps into bitcoin for hedging

FTX chief executive and co-founder, Sam Bankman-Fried, is widely recognised as the richest person in crypto
FTX chief executive and co-founder, Sam Bankman-Fried, is widely recognised as the richest person in crypto Photo: Bloomberg via Getty Images

In the week that saw bitcoin reach a new all-time high, investors and financial professionals alike were kept busy in a captivating week for cryptocurrencies.

A big step into regulating crypto in the US gave traders renewed confidence in the future of digital assets, though the environmental problems associated with them continued to stack up.

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