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CoinDesk Weekly Recap: EigenLayer, Kraken, Coinbase, AWS

Controversies, job cuts, too many lobbyists. A lot happened despite a relatively quiet week on the markets.

Apr 18, 2025, 7:15 p.m.
Photo by Noah Berger/Getty Images for Amazon Web Services

What to know:

  • Bitcoin remained stable around $84k, while the CoinDesk 20 index rose by about 4% over the week.
  • A tech issue at AWS caused much of the crypto market to go offline, highlighting vulnerabilities in the decentralized economy.
  • OKX plans to establish a regional headquarters in California after settling with the SEC for $500 million.

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