Last Week in Crypto: Highlights in the World of Cryptocurrencies
As we kick off another exciting week on Monday, October 14th, 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 18th, 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 | $64,831.96 | 5.80% | $68,592.95 |
| ETH | $2,553.69 | 3.85% | $2,652.06 |
| BNB | $580.28 | 3.31% | $599.47 |
| SOL | $153.07 | 0.99% | $154.59 |
| XRP | $0.5388 | 1.34% | $0.55 |
| TON | $5.2712 | -0.90% | $5.22 |
| DOGE | $0.1131 | 21.13% | $0.14 |
| ADA | $0.35 | -1.78% | $0.35 |
| AVAX | $29.22 | -4.38% | $27.94 |
Bitcoin Soars Past $66K: Are We Entering Uptober?
Bitcoin has hit $66,000, marking a bullish October with gains exceeding 3%. Whale buying is driving momentum, with BTC up nearly 5% in just one day. Analysts are watching for big market orders that could break through resistance at $65,500. Is Uptober officially here? Stay tuned!
Kamala Harris Champions Crypto Rights for Black Voters
Vice President Kamala Harris has unveiled a pro-crypto agenda aimed at Black male voters. Her platform promises to establish a regulatory framework to protect cryptocurrency investors. Harris emphasizes the importance of new technologies in expanding access to financial services and ensures that digital asset owners will be safeguarded. A pivotal moment for crypto in politics!
Dogecoin Surges: Is a ‘God Candle’ Coming?
Dogecoin (DOGE) has experienced a remarkable rally, jumping over 10% in just 24 hours, now trading at $0.1262. This surge marks its highest price since late September, reflecting a 44% increase from its low of $0.08888 earlier this month. Memecoin traders are optimistic, anticipating further gains as the memecoin market shows signs of recovery. Will this momentum lead to a ‘god candle’ for DOGE? Stay tuned!
North America Leads Global Crypto Market
North America continues to dominate the global cryptocurrency market, with an estimated $1.3 trillion in on-chain value received from July 2023 to June 2024, accounting for about 22.5% of worldwide activity. This dominance is largely driven by institutional investments, with around 70% of the region’s crypto transactions involving transfers over $1 million. The U.S. plays a pivotal role in this trend, marking 2024 as a significant year for crypto adoption and industry growth.
Dogwifhat (WIF) Rises 112%: Memecoin Momentum Continues
Dogwifhat (WIF), the top Solana-based memecoin, has surged 112% since its low of $1.4 on September 6, reaching a four-month high of $2.97 on October 16. Currently trading at $2.63, WIF is up 3% in the last 24 hours and an impressive 76% over the past month. This memecoin’s recovery shows no signs of slowing down!
Sources
https://decrypt.co/286114/kamala-harris-pro-crypto-stance-black-men
https://www.chainalysis.com/blog/north-america-crypto-adoption-2024/
https://cointelegraph.com/news/dogwifhat-price-comeback-wif-76-rally-30-days
