Wall Street Ignores Coinbase News; Bitcoin Thrives in Brazil

On Friday, analysts dismissed concerns over Coinbase's cyberattack and SEC investigation, seeing them as minor distractions. Bitcoin adoption grows in Brazil with Méliuz becoming the first public company to hold bitcoin. Legal hurdles continue for the SEC and Ripple. Abu Dhabi's Mubadala increases its holdings in BlackRock's Bitcoin ETF. Twelve individuals were charged in a $263 million crypto scam. The article reflects on these developments and anticipates future digital asset events.