Episode 544
π Bitcoin's price plummeted to $78,393, its lowest level since November, due to fears over US President Donald Trump's trade war and inflation concerns, resulting in a 12% drop over the past seven days.
π Investors withdrew over $1.1 billion from American Bitcoin ETFs on Tuesday, marking the worst day on record, but saw a rebound of $93 million in positive flows on Friday, ending a two-week streak of outflows.
π Ethereum co-founder Vitalik Buterin called the potential life sentence for early Bitcoin investor Roger Ver "absurd" and "politically motivated," joining other industry veterans like Kraken founder Jesse Powell and pardoned Silk Road founder Ross Ulbricht in showing support for Ver.
π The Ethereum Foundation selected Hsiao-Wei Wang and Tomasz StaΕczak as its new co-executive directors, following Aya Miyaguchi's transition to the role of president, amid a leadership reshuffle and debate about the organization's role in the ecosystem.
π Five US states have blocked bills to create Bitcoin reserves, with South Dakota being the latest to reject a proposal to allocate 10% of its public funds into Bitcoin, casting doubt on the prospect of a national Bitcoin stockpile.
