Foreign Bureau Weekly News Roundup

Here are the top stories in crypto this week:

• Crypto Market rally
• ethereum upgrade incoming
• U.S Exodus escalates
• The FED versus the markets

Crypto Market Rally

The total crypto market cap explodes past one trillion as BTC pumps by more than 30 percent in response to the de facto bank bailouts. Is this the beginning of a new bull market?

• Short squeeze causes a massive increase in buying pressure for BTC
• Binance converts one billion dollars of BUSD into BTC, ETH, BNB, and other unspecified cryptocurrencies
• Narrative follows price as cryptocurrency, especially Bitcoin, is seen as a hedge against the traditional financial system

Ethereum Upgrade Incoming

Developers reveal the date for Shanghai while SEC chairman Gary Gensler reiterates that proof-of-stake cryptocurrencies are securities. How could this impact ETH's price?

U.S Exodus Escalates

Coinbase plans on opening a new exchange overseas due to regulatory scrutiny but not all foreign jurisdictions are crypto-friendly. What does this mean for the crypto industry?

The FED Versus the Markets

Investors insist the FED must decide in the coming days between saving the banking sector and fighting inflation. Here's why this decision may not be on the table yet and we'll get the unique perspective of Mr. Benjamin Cowan.

All this and more in just a moment. Thank you for tuning in!

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