Bitcoin reached $73,000 on October 29, 2024, leading a broader crypto market rally that pushed the global cryptocurrency market capitalization to $2.45 trillion, with most altcoins following suit in positive territory.
Global NFT sales dropped to $88 million this week with a 7.07% decrease, while Solana showed strong growth with a 24% increase in trading volume, challenging Ethereum’s market dominance.
Major Japanese financial institutions, including Mitsubishi UFJ Trust and Nomura Securities, have submitted proposals urging regulators to prioritize Bitcoin and Ethereum for potential cryptocurrency ETFs, citing their market stability and long-term investment potential.
CryptoQuant data reveals Ethereum in accumulation addresses has nearly doubled to 19 million since January 2024, with analysts attributing the surge to ETF approvals and increased institutional interest.
Weekly NFT sales volume surges 22.5% to $93 million, with Ethereum outperforming Bitcoin in sales volume and buyer activity doubling across the market.
Cloudbet’s latest data shows that established cryptocurrencies like USDT, BTC, and ETH remain the top choices for online gambling, despite the emergence of faster alternatives.
As Shiba Inu (SHIB) faces bearish concerns due to increased exchange inflows, crypto whales are shifting $700,000 to WallitIQ (WLTQ), an upcoming Ethereum-based token with innovative AI-driven features.
As XRP and Solana experience price declines amid legal and market challenges, Rollblock’s new GambleFi protocol emerges as a potential high-performer, with analysts projecting significant gains.
Ethereum co-founder Vitalik Buterin has donated 100 ETH to Roman Storm’s legal defense fund, as the Tornado Cash developer faces charges related to the sanctioned crypto mixer.
Ethereum co-founder Vitalik Buterin introduces the concept of “balancing” to enhance the network’s ecosystem, focusing on integration, decentralization, and cooperation. He also addresses security concerns and proposes metrics for Ethereum alignment.
