Last Week in Crypto: Highlights in the World of Cryptocurrencies
As we kick off another exciting week on Monday, October 7th , 2024 at 9:00:05 AM EST (3:00:05 PM CET), we delve into the latest price action of the top ten cryptocurrencies, as per Coin Market Cap. Join us as we analyze these figures and anticipate how the market will unfold throughout the week. Subsequently, we will compare these prices with the closing figures of Friday, October 11th, 2024, at 6:00:02 PM EST (12:00:02 PM CET), to gain insights into the week’s market trends and fluctuations.
| CRYPTO | INITIAL | % CHANGE | FINAL |
|---|---|---|---|
| BTC | $62,861.45 | -0.05% | $62,830.11 |
| ETH | $2,464.63 | -0.83% | $2,444.12 |
| BNB | $570.70 | 0.50% | $573.55 |
| SOL | $146.55 | -0.59% | $145.68 |
| XRP | $0.5364 | 0.41% | $0.54 |
| TON | $5.2376 | 0.05% | $5.24 |
| DOGE | $0.1110 | -0.27% | $0.11 |
| ADA | $0.36 | -0.96% | $0.35 |
| AVAX | $27.07 | -0.33% | $26.98 |
Bitcoin Breaks $64K: A Bullish Day for Crypto!
On October 7, Bitcoin (BTC) soared to an impressive peak of $64,444, finishing the day with a 2% gain against the U.S. dollar. The global crypto market buzzed with $92.617 billion in trading volume, with BTC taking a significant $29.85 billion share. By 1:10 p.m. EDT, Bitcoin settled at $63,669, marking a solid 17% increase over the past month. With this strong performance, excitement continues to build in the crypto space as traders stay active and engaged!
Tron’s Income Soars: A 1000% Growth Story!
Tron is making waves in the crypto space! Justin Sun announced a jaw-dropping 1000% increase in protocol income, jumping from $24 million in September 2022 to $220 million by October 2024. This explosive growth stems from its scalability, low transaction fees, expanding DeFi offerings, and the rise of stablecoins. With such momentum, Tron is set to play a pivotal role in the future of crypto!
Alchemy Pay Expands Crypto Accessibility with Samsung Pay Integration
Alchemy Pay has launched a new integration that allows users to add its virtual cards to Samsung Pay. With over a million registered users, this move makes it easier for crypto holders to make everyday purchases using their digital assets. This step is a significant leap toward blending traditional finance with the crypto ecosystem!
Spend and Earn: WisdomTree Launches Debit Card Linked to On-Chain Money Fund
WisdomTree has unveiled a new debit card that connects directly to its WTGXX on-chain money fund, which offers a competitive 4.6% APR. This innovative feature allows users to earn yield on their funds while making everyday purchases. According to Will Peck, WisdomTree’s head of digital assets, users can enjoy the benefits of a yield-earning asset and seamless spending—all within one app. A game-changer for managing finances!
Ripple’s Chris Larsen Donates $1M in XRP to Kamala Harris Campaign
Ripple co-founder Chris Larsen has made headlines by donating $1 million in XRP to Future Forward USA, backing Vice President Kamala Harris in her 2024 presidential bid. This marks his first recorded crypto donation, bringing his total contributions to Harris to over $1.9 million. The donation comes as Ripple faces ongoing legal challenges with the SEC regarding XRP’s classification as a security. A significant move in both politics and crypto!
Sources
https://news.bitcoin.com/bitcoin-hits-64k-mark-on-monday-crypto-market-sees-200m-in-liquidations/
https://www.crypto-news-flash.com/tron-revenue-surges-1000-in-two-years-driving-defi-growth/
https://crypto.news/ripple-co-founder-donates-1m-in-xrp-to-kamala-harris/
