In this episode of Coinstreet headlines, we dive into the latest headlines making waves in the cryptocurrency world. Ethereum hit a new all-time high, reaching above $4,900 over the weekend, just days after its highest level since November 2021. Telegram founder Pavel Durov speaks out against the French government, claiming his case is stagnant a year after his arrest. Bitcoin treasury firm Metaplanet makes headlines by graduating to FTSE Japan and other world indices. The Ethereum gaming network XAI has filed a lawsuit against Elon Musk’s xAI for trademark infringement, alleging unfair competition. Jane King with the latest from the NYSE.
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Here's a look at your Coin Street headlines.
Ethereum hit a new all-time high over the weekend.
Ethereum rose as high as $4,945 on Sunday, according to Coin Gecko, while coin market cap shows an even higher jump to $4,948.
The new record comes just two days after hitting the highest level since November of 2021.
Telegram founder Pavel Durov says his case is going nowhere, and he slammed the French government.
Durov says French law enforcement officials are still struggling to find evidence of wrongdoing even a year after his arrest in 2024.
Durov says his arrest by French authorities was unprecedented and added that holding a tech executive accountable for the actions of independent users was legally and logically absurd in a telegram post on Sunday.
Bitcoin treasury firm Meta Planet has graduated to lets see Japan and all world indices.
The inclusion of Metaplat in These stock indices will funnel passive capital flows into the Bitcoin market, supporting Bitcoin floor prices, and Ethereum gaming network XAI has sued Elon Musk's XAI for trademark infringement, accusing it of unfair competition as well.
The complaint was lodged in the Northern District of California, and it claims that Musk's XAI company has created widespread market confusion, damaging XAI's brand, and that is the latest Coin Street headlines.