Weekly Crypto Report: Top News, Blockchain Activity, Bitcoin and Altcoin Price Analysis and More
Research Report
My Dear Readers!
Since the start of February, the cryptocurrency markets have shown significant bullish momentum. Daily trading volumes have consistently surpassed expectations, indicating strong participation from market players. Currently, Bitcoin's price is consolidating within a narrow range, suggesting a potential replication of past price movements. This could potentially lead to a 25% increase, pushing the price above $75,000.
The question remains: when will this occur?
For a comprehensive understanding of the crypto market trends, we're providing a weekly report. This analysis, supported by reliable data, highlights the major developments in the Web3, Blockchain, and Crypto landscape for the current week. Let's delve into the significant updates of the week.
Top News of this Week
Seneca Protocol hacker returns $5.3M Ether after exploit, draining $6.4M due to bug.
Gemini settles with NY regulators, to repay $1.1B to defunct Earn Program customers.
Robinhood partners Arbitrum for Layer-2 swaps, simplifying access, announced at ETHDenver 2024.
Uniswap introduces Uniswap Extension, Limit Orders, and Data & Insights for enhanced swapping.
CDC supports Kraken against SEC lawsuit, aiming to counter regulatory tactics.
RiskOnBlast project under scrutiny for suspected rug pull scam, causing significant losses.
HTX withdraws crypto license application from Hong Kong, formerly known as Huobi.
MicroStrategy’s X account compromised in $400k Ethereum token scam, latest victim in 2024.
OFAC flags ten wallet addresses linked to LockBit ransomware affiliates for charges.
Binance agrees to $4.3B settlement for AML violations, pleads guilty, approved by federal judge.
Top Blockchain Performers of this Week
Top blockchain performers this week: Ergo, ZetaChain, Cardano, Base, and Metis Andromeda.
Ergo leads with a notable 35.9% increase in the 7-day change.
Following closely are ZetaChain, Cardano, Base, and Metis Andromeda.
These gains suggest strong market demand and potentially favorable developments within these networks.
Investors may find potential investment opportunities in these blockchain projects.
For comprehensive coverage and analysis of the latest trends in cryptocurrency, visit Coinpedia's website.
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