Bitcoin, Ripple, & WazirX Steal Spotlight
The post Bitcoin, Ripple, & WazirX Steal Spotlight appeared on BitcoinEthereumNews.com.
The crypto realm concluded yet another week with attention-nabbing developments unfolding across the broader market. Notably, Bitcoin garnered quite the investor interest, soaring to a $69K high this week, whereas Ethereum ETFs saw a trading debut. Meanwhile, the Indian exchange WazirX hack echoed a bustle across the crypto space. Further, Ripple’s lawsuit saw significant developments over the past week. Here’s a collection of some of the top headlines reported in the past seven days. Bitcoin (BTC) The flagship crypto amassed significant investor attention this week, primarily due to its price fluctuations. BTC price soared as high as the $69K level in the past seven days, whereas it also traded as low as the $63K level, fueling market speculations. This turbulent price action comes against the backdrop of Mt. Gox’s continued BTC transfers, further accompanied by outflows in Bitcoin ETFs this week. Meanwhile, the Bitcoin Nashville conference commenced, bringing a stockpile of developments to the market. U.S. Senator Cynthia Lummis teased a potential Bitcoin Bill amid this conference, sparking nationwide discussions. Simultaneously, Senator Bill Hagerty revealed plans to introduce pro-Bitcoin legislation, adding to the buzz amid the conference. Meanwhile, the U.S. presidential campaigns have garnered significant attention to the flagship cryptocurrency. The recent buzz nationwide remains Kamala vs. Trump, with odds drastically in favor of the Republican Party member with his pro-digital assets stance. Besides, it’s worth mentioning that Kamala Harris also refrained from speaking at the BTC Nashville conference. Moreover, Harris’ Democratic Party nominee winning odds soared to a whopping 97% this week, per data by Polymarket. Bitcoin critic Peter Schiff has further spotlighted how the debut of the Ethereum ETFs have posed a threat to the flagship crypto. Ripple Lawsuit Developments Simultaneously, pro-XRP lawyers Bill Morgan and Marc Fagel recently weighed in on a potential Ripple vs. SEC settlement…
Filed under: News - @ July 29, 2024 12:20 am