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Weekly Recap

1) Iran demands ships transiting through the Strait of Hormuz to pay fees in crypto or Chinese yuan.

2) US Department of Labor proposes rule to open $10 trillion 401k retirement plans to crypto and alternative investments.

3) $12 trillion Charles Schwab to launch Bitcoin and Ethereum trading for users "soon."

4) Michael Saylor says the four-year Bitcoin cycle is "dead."

5) President Trump to unveil $1.5 trillion defense budget, the largest yearly US military spending increase since World War II.

6) Elon Musk says Tesla is making a "big" investment in Japan.

7) Fed Chair Jerome Powell warns US national debt is growing "substantially" faster than the economy and says it's not sustainable.

8) Coinbase gains conditional approval for a US national trust company charter.

9) Elon Musk's SpaceX confidentially files for IPO.

10) President Trump says he built the "strongest economy in history" with no inflation and the "highest stock market ever."
BTC3%
ETH3,54%
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