Cryptocurrency Market Braces for Critical Week Ahead

The cryptocurrency market has had a turbulent week, but this week promises to be just as eventful. Bitcoin has seen an increase of over 4% in value, while most altcoins have not followed suit.

Grayscale's Zcash ETF will undergo a 1:3 stock split on Monday, September 28, and Bitget will gradually resume withdrawals starting with Bitcoin. The exchange's CEO and other executives held a live Q&A session the same day.

Tuesday brings Korea Blockchain Week, an important announcement from Bitget regarding its hack, and an update from AZTEC. CoinEx will also end spot trading on this day.

Wednesday sees the introduction of civil seizure rules for crypto assets in South Korea, allowing courts to freeze, transfer, and dispose of digital assets through local exchanges. Armada shareholders will vote on a merger with XRP Treasury Evernorth, and the FCA in the United Kingdom has published guidance on cryptocurrency regulation.

Thursday brings an update from WLFI community on governance participation and plans for releasing an incentive plan. Friday sees the final stage of Bitget's withdrawal restart, allowing all other tokens, fiat currencies, and OTC trading to be fully resumed.