Litecoin achieves a milestone by surpassing Ethereum with a 2.6-year average holding period, while Bitcoin maintains leadership at 4.4 years, signaling growing confidence in LTC as a long-term investment vehicle.
The European Union has implemented significant tariffs on Chinese electric vehicles ranging from 7.8% to 35.3% to protect its market from allegedly subsidized imports, sparking strong opposition from China and concerns from German automakers.
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.
Phantom Wallet experienced service disruptions during the massive GRASS token airdrop on Solana, affecting millions of users while highlighting the blockchain’s improved stability despite unprecedented transaction volume.
Circle is advancing its IPO plans with strong financials and no additional funding needs, while CEO Jeremy Allaire remains optimistic about stablecoin legislation despite political hurdles.
Shiba Inu (SHIB) and Ripple (XRP) present compelling investment opportunities through ecosystem expansion and institutional adoption respectively, with both cryptocurrencies positioning themselves for potential ETF launches and increased market presence.
The Golden State Warriors have named Coinbase as their official cryptocurrency platform partner, marking a bold return to crypto partnerships despite ongoing legal challenges from their previous FTX sponsorship and Coinbase’s current SEC lawsuit.
The 13th Blockchain Life Forum in Dubai attracted more than 12,119 participants from 120 countries, featuring 200+ speakers from major crypto companies and concluding with a spectacular afterparty featuring French Montana.
The Wall Street Journal’s report of alleged US federal investigations into Tether has sparked market volatility, though the stablecoin issuer strongly denies the claims as “old noise” while defending its track record of law enforcement cooperation.
