On November 14th, the long-awaited Bitcoin Taproot soft fork took place. This Bitcoin network upgrade is supposed to improve transaction efficiency, increase privacy and optimize scalability by reducing transaction size:

One of the main events of this past week was the U.S. Fed announcement of the beginning of the Quantitative Easing (QE) tapering. On Wednesday, November 3rd, the central bank decided to reduce the monthly amount of buying assets by $15 billion at its monetary policy meeting:

Proshares Bitcoin Strategy ETF was officially launched on Tuesday, October 19th, and it started trading on the New York Stock Exchange (NYSE). The ticker of the first Bitcoin-linked ETF in the U.S. on NYSE is BITO:

In the middle of last week, speculations about the potential launch of Bitcoin ETFs spread in the crypto community. First, most crypto-related forums and social media platforms published a copy of the pre-approval notice of Valkyrie Bitcoin Strategy ETF by Nasdaq:

On Monday, October 4th, Facebook, the most popular social network globally, went down. The outage continued for hours, and millions of users remained without access to the Facebook services.

This past week the positive news dominated the crypto market. On Tuesday, September 28th, the president of El Salvador Nayib Bukele mentioned that the country was preparing to launch the first Bitcoin mining facility using volcanic energy:

Last week the cryptocurrency market started on a positive footing backed by positive news. For example, on September 23rd, Twitter announced it would integrate Bitcoin tips through the use of a Bitcoin address or Lightning Network-enabled wallet:

The Crypto Fear & Greed index has returned to a neutral level because Bitcoin has been able to regain the psychological level of $40,000 per one digital coin:

Last week was full of positive events and news. On Tuesday, July 20, Mastercard announced that it would enhance its card program for cryptocurrency wallets and exchanges. …