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
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
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
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
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
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
This week, the cryptocurrency market saw a variety of movements, with Uniswap (UNI) experiencing the largest change, down 21.30%. This shift is seen as part of the normal ebb and flow of the DeFi sector, with potential for recovery as market sentiment stabilizes. Bitcoin (BTC) dipped 3.35%, but this was largely due to broader economic … Read more
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
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
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