Are you a crypto enthusiast? It really depends how you view it. Amid Terra’s death spiral, (BTC() Recording seven consecutive weekly Red Candles, more than $1 Trillion in market cap loss across the ecosystem. aggressive Federal ReserveThe major banks have quietly increased their exposure in the sector to try and reverse the mess it caused. You’re going to love this: Goldman Sachs (NYSE:) — once the most passionate Bitcoin detractors — and Barclays They are conducting some strategic purchasing as they prepare to trade in crypto.

Early polling from vote indicates 91% are in favor of ‘rebirth’

After Do Kwon, Terra founder and Terra network validaters was convinced to accept Terra’s co-founder Do Kwon on Wednesday, the Terra saga took a new twist. Accept the proposalThis would save the blockchain and eliminate the need for the algorithmic stablecoin TerraUSD (UST). More than 91% of community votes were in favor of “rebirthing” the Terra network and doing away with UST entirely. The “old” blockchain would continue to support so-called “residual UST” holders and operate under the name — wait for it — Terra Classic. However, things are not going well in the Terra ecosystem. Kwon is a spokesman for Terra. Call for a hearing in ParliamentConcerning the failed project. Three members Terraform Labs’ legal teamThis week, the resignation was accepted.

Barclays and Goldman Sachs invest in UK cryptocurrency trading platform Elwood

Grayscale, a Bitcoin investor giant, launches an ETF in Europe

After a $30M fine, BitMEX launched a spot cryptocurrency exchange

How can you survive the bear market?