Uptober or UptOVER: What happened to Bitcoin last week?

The cryptocurrency market is experiencing significant price volatility, with Bitcoin falling by approximately 2%. The recent decline in crypto prices can be attributed to two major developments: the planned sale of over $4 billion worth of Bitcoin by the U.S. government and the anticipated release of the U.S. Consumer Price Index (CPI) report on October … Read more

Weekly Crypto Roundup: Updated 2 October 2024

This week, the cryptocurrency market experienced varied performances across key assets, reflecting both regulatory and market-driven factors. Bitcoin (BTC) dropped by 3.57%, a decline attributed to growing concerns over the U.S. Federal Reserve’s hawkish stance on interest rates and the uncertain macroeconomic environment, as reported by CoinDesk. On the other hand, Ethereum (ETH) saw a … Read more

Weekly Crypto Roundup: Updated 25 September 2024

This week, cryptocurrency markets saw significant shifts across major coins. Bitcoin (BTC) rose 4.72%, largely due to the growing anticipation around the SEC’s potential approval of several Bitcoin spot ETFs, as reported by Bloomberg. Ethereum (ETH) surged 10% following the launch of Ethereum futures ETFs in the U.S., which has driven trading volumes to new … Read more

Weekly Crypto Roundup: Updated 18 September 2024

This week’s cryptocurrency market saw mixed trends across major assets. Bitcoin (BTC) rose by 0.75%, buoyed by renewed institutional interest and increasing adoption, as reported by CoinTelegraph. Ethereum (ETH), however, dropped by 3.76%, with market sentiment dampened by ongoing concerns around delays in Ethereum staking withdrawals, according to Decrypt. Litecoin (LTC) saw a significant decline … Read more

What to Expect from the US Fed Interest Rate Decision: 5 Impacts on the Crypto Market

The US Federal Reserve’s interest rate decisions are major events in global markets, including the cryptocurrency space. For Malaysian investors new to the world of digital assets, here’s a simple breakdown of what to expect from upcoming Fed decisions and how they could affect your crypto portfolio. 1. Impact on Market Sentiment When the Fed … Read more

Weekly Crypto Roundup: Updated 4 September 2024

This week, the cryptocurrency market saw mixed performances across major assets. Bitcoin (BTC) edged down by 0.96%, influenced by cautious market sentiment amid ongoing regulatory scrutiny, as reported by Bloomberg. According to CNBC, Bitcoin’s slight dip is due to concerns over potential U.S. regulatory crackdowns and a broader market pullback. Investors also took profits after … Read more

Weekly Crypto Roundup: Updated 28 August 2024

This week, the cryptocurrency market experienced a broad sell-off, with most major assets recording losses. Bitcoin (BTC) declined by 0.72%, partly due to the liquidation of long positions and uncertainty surrounding potential interest rate hikes, as reported by Bloomberg. Ethereum (ETH) faced a sharper drop of 8.86%, driven by fading momentum from recent ETF launches … Read more

Weekly Crypto Roundup: Updated 21 August 2024

This week, the cryptocurrency market saw varied performances across major assets. Ethereum took a significant hit, dropping 11.57% despite the short-term drop, Ethereum’s long-term fundamentals remain strong. The recent Ethereum ETFs, such as those from VanEck and Grayscale, still signal growing institutional interest, which could lead to more capital inflows in the future. On the … Read more