This week in the world of cryptocurrency, there were some notable developments. Frax launched its new stablecoin called BUIDL, which aims to provide a stable and reliable option for users in the crypto market. Additionally, Sui Token was unlocked, allowing holders to access their tokens and participate in various activities within the Sui ecosystem.
In other news, Bitcoin mutual funds gained popularity as more investors looked for ways to diversify their portfolios and invest in the leading cryptocurrency. This trend indicates a growing acceptance and adoption of Bitcoin among traditional investors.
Overall, this week brought some exciting updates and advancements in the cryptocurrency space, showing the continued growth and evolution of the industry.