Bitcoin Jumps 13% in a Week; Immutable X Token Rallies on NFT Growth; Philippines Plans CBDC Launch; New York AG Expands Fraud Case Against Digital Currency Group
• Bitcoin has risen over 13% in the past week, its biggest one-week gain since October • The token of Immutable X, a layer-2 Ethereum scaling solution for NFTs and gaming, jumped 8% as its ecosystem expands • The Philippines central bank plans to issue a wholesale CBDC within 2 years but won't use blockchain technology • New York's attorney general expanded the fraud case against Digital Currency Group to now allege $3 billion in investor losses • Ether volatility is underpriced relative to Bitcoin despite Ethereum's upcoming Dencun upgrade in 4 weeks