Weekly Crypto News Roundup: Bitcoin Dips, Ethereum Advances, and More

By: Isha Das

• Bitcoin Dips Below $100K Amid Market Turmoil: The cryptocurrency market faced significant downturns recently with Bitcoin plunging below the critical $100,000 mark due to geopolitical tensions globally.
• Ethereum Developers Push for Faster Transaction Speeds: A new proposal suggests halving the block slot time to boost Ethereum's transaction speed.
• ARK Invest Sells $110M in Circle Shares: Cathie Wood's ARK Invest divested a substantial portion of Circle shares amidst soaring valuations.
• Telegram Dark Markets Thrive Despite Huione Ban: Despite the shutdown of the Huione marketplace, other contenders quickly rose in the crypto-fueled darknet sphere on Telegram.
• Security Breaches Hit Major Crypto Platforms: Cointelegraph and CoinMarketCap faced significant security breaches, highlighting vulnerabilities in crypto infrastructures.