Weekly Crypto Roundup: Updated 13 November 2024

This week, top cryptocurrencies showed impressive gains, driven by Donald Trump’s return to the U.S. presidency and his supportive stance on Bitcoin. Bitcoin (BTC) climbed 20.82% reaching its all time high as investors see it as a reliable asset. Fueled by Bitcoin’s bullish momentum, Ethereum (ETH) followed closely with a 30.63% gain. Litecoin (LTC) rose … Read more

Bitcoin Unstoppable Rally: Price Peaks Over $81,000 for the First Time

Bitcoin has once again made history, surging to an all-time high last week and crossing the $81,000 mark. This remarkable achievement has revitalized the crypto market, driving renewed enthusiasm among investors and sparking increased interest in digital assets globally. Election Outcomes and Bitcoin’s Rising Appeal The recent U.S. election, which saw the re-election of Donald … Read more

Weekly Crypto Roundup: Updated 6 November 2024

This week, the crypto market experienced several shifts. Bitcoin (BTC) dropped by 0.25% as market participants weighed potential Federal Reserve rate adjustments and ongoing regulatory discussions. Ethereum (ETH) saw a 6.22% decline, with investor sentiment dampened by perceived limited growth in its decentralized finance (DeFi) sector, especially compared to competitors like Solana and Aptos. Litecoin … Read more

How the 2024 U.S. Election Could Shape the Future of Crypto

The U.S. is one of the largest markets for cryptocurrency, and its regulatory stance often influences other countries. Therefore, the 2024 U.S. presidential election may not only shape traditional financial markets but could also heavily influence the future of the entire crypto landscape. With Bitcoin, Ethereum, and numerous altcoins showing volatility and strength leading up … Read more

Weekly Crypto Roundup: Updated 30 October 2024

This week, Bitcoin (BTC) gained 7.71% as demand grew following significant institutional interest, including large purchases by BlackRock, which drove renewed optimism in the market. Ethereum (ETH) rose 3.84%, supported by its steady progress in scalability improvements. Both assets benefitted from overall positive sentiment in anticipation of upcoming regulatory updates and market-moving events in November. … Read more

Will Bitcoin reach $70k in November?

Bitcoin’s price has been on a significant rise this year, climbing to an all time high during the much-anticipated Bitcoin halving event in April 2024. This led to the price of Bitcoin hitting over $70k , as halving cycles tend to lead to upward price momentum due to the reduced supply of new Bitcoin entering … Read more

Weekly Crypto Roundup: Updated 23 October 2024

This week, news broke that the U.S. election received over $190 million in crypto donations, highlighting the growing role of digital assets in politics. Over the past week, Bitcoin (BTC) rose 4.29%, driven by institutional interest and significant investments. Ethereum (ETH) fell 2.61% amid market corrections, while Litecoin (LTC) surged 10.02% due to renewed interest … Read more

Bitcoin Soars: Unpacking the Drivers Behind the Recent Rally

Last week, Bitcoin’s price soared to around $69,000, marking a significant rebound in the cryptocurrency market. This impressive surge can be attributed to several interrelated factors that have collectively energized investor sentiment and market dynamics. BlackRock’s Bold Bitcoin Move BlackRock, the world’s largest asset management firm, made headlines recently with its significant investment in Bitcoin. … Read more

Weekly Crypto Roundup: Updated 16 October 2024

Over the past week, the cryptocurrency market has experienced significant upward momentum across various assets, likely fueled by increased investor confidence and favorable market sentiment. Bitcoin (BTC) surged by 12.95%, while Ethereum (ETH) rose by 5.85%. Litecoin (LTC) saw a 7.21% increase. XRP had a modest rise of 2.16%. Solana (SOL) experienced a substantial uptick, rising 11.47%. Bitcoin Cash (BCH) remained … Read more