We summarize last week's results and discuss the big news from the world of cryptocurrency About Bitcoin. Last week Bitcoin showed mixed dynamics. Increased volatility in the crypto market was observed on March 22 and 23. On Wednesday (March 22), BTC set a weekly high of $28,868. On Sunday, March 26, Bitcoin was trading at $27,700. Overall, during the previous week its price went up by 2.3%.
More cryptocurrency news:
On Thursday, March 23, the day of the ARB token airdrop, the Arbitrum Foundation website couldn't handle the huge influx of users and was shut down due to too many requests. A day after the giveaway, the ARB token ranked in the top 40 cryptocurrencies by market capitalization.
Terraform Labs co-founder and CEO Do Kwon was arrested in Montenegro by local law enforcement. The U.S. Justice Department plans to have Kwon extradited to the United States.
Cryptocurrency exchange Coinbase no longer supports Signet, the payment system of bankrupt bank Signature.
Telegram messenger users can now send each other USDT Stablecoin through a special bot called @wallet. In addition to stablecoin, the bot supports Bitcoin (BTC) and Toncoin (TON)
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