Tron Founder Justin Sun Withdraws $30M of Staked ETH from Lido Finance, Sends Tokens to Huobi Exchange

Crypto markets, led by bitcoin (BTC), rallied through the week as investors embraced that a slew of traditional financial institutions made steps to get more involved with digital assets. BlackRock, one of the world’s largest asset managers, filed to register a much-coveted spot BTC exchange-traded fund last Thursday. This week, banking giant Deutsche Bank applied for a crypto custody license in Germany, while Fidelity, Schwab and Citadel-backed crypto exchange EDX Markets, backed by Fidelity Digital Assets, Charles Schwab and Citadel Securities, opened its trading platform.