Tuesday Nov 19, 2024

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Your Weekly Update On All Things Crypto

TL;DR

Welcome to this week's edition of CryptoWeekly Recap, your one-stop destination for the most exciting developments in the world of crypto and blockchain!


From major market shifts to game-changing regulatory news, we’ve got the top stories covered so you can stay ahead of the curve.


Whether you're a seasoned investor, developer, or just crypto-curious, we got you covered.


In this issue, we dive into:


MACRO NEWS

Bitcoin Becomes 8th Largest Asset Globally After Surpassing Silver...



The market cap of Bitcoin (BTC) has reached a significant new high, surpassing silver with a value of $1.736 trillion, positioning it as the 8th largest global asset, according to CoinMarketCap.


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Bitcoin Touches $91K As Numerous Altcoins Surge...



After a brief pause below $90,000 and even $87,000, Bitcoin (BTC) has regained some momentum, rising by more than $4,000 in just one day and surpassing $91,000.


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Massive Ethereum Upgrade Proposed At Devcon By Justin Drake...



At Devcon in Bangkok, blockchain researcher Justin Drake introduced an exciting new vision for Ethereum (ETH) with the proposal of the Ethereum Beam Chain (EBC). 


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New iOS Update Causes Phantom Wallet Users To Lose Recovery Phrases...



Phantom, the company behind the widely used Solana wallet, recently issued a warning to iOS users after a new app update caused a significant issue for some.


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18 Different States Come Together To Take On The SEC...



Eighteen U.S. states have come together to file a significant lawsuit against the SEC, challenging what they see as excessive federal control over cryptocurrency regulation.


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Italy May Soon Drastically Reduce Cryptocurrency Taxes...


The Italian government is reportedly set to approve a more modest tax increase on cryptocurrency transactions, according to a Bloomberg report published on Tuesday, citing sources with direct knowledge of the matter.


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FUNDRAISING ANNOUNCEMENTS

Crypto Fundraising November 5 - 11...


It has been an incredible week for companies around the globe in terms of securing funding to fuel their growth and innovation. Here are some of the latest investment highlights between November 5 - 11.

  

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CONTENT OF THE WEEK

Bitcoin Hits Escape Velocity - Global Arms Race Begins!

Watch Now

Will The Bitcoin Strategic Reserve Happen?!

Watch Now

Bitcoin rises over 16% in a week on hopes of crypto-friendly U.S. policy: CNBC Crypto World

Watch Now
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We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.