Top stories this week
- Telefónica Partners with Chainlink to Enhance Security
Telecommunication giant Telefónica has joined hands with Chainlink to improve Web3 security and prevent SIM Swapping attacks through GSMA Open Gateway. - Bitcoin Mining Difficulty Surpasses All-Time High
Bitcoin’s mining difficulty has hit a new all-time high above 80 trillion, coming two months before the anticipated BTC halving. - BlackRock Bitcoin ETF Secures Top 7% Size Ranking
BlackRock’s Bitcoin ETF has made its mark in the top 7% size ranking in the ETF market, noting a significant accumulation of around $6B. - Court Clears Genesis to Trade GBTC Shares
Genesis has been given approval to sell its $1.3 billion worth of GBTC shares, following court approval. - Bitcoin ETF’s $4.1 Bn Inflow Concerns Gold Investors
Bitcoin ETF’s current $4.1 billion inflow is causing concern among gold investors, anticipating a potential price dip to $1.2k. - South Korea Considers Postponing Crypto Tax
South Korea’s ruling party is contemplating a two-year delay for cryptocurrency taxes as part of their election promises. - Cathie Wood’s Ark Invest Sells Coinbase Shares
Cathie Wood’s Ark Invest has sold 214,068 Coinbase shares ahead of the earnings, marking their first sell-off in a month.
Hottest coins of the week
The featured cryptocurrencies list was generated through our sophisticated AI-driven analysis that meticulously evaluated the market sentiment surrounding tokens within the 500 most prominent articles over the past week, in conjunction with a thorough AI-examination of their price trends.
Siacoin (SC)
Siacoin (SC) has shown a promising rise in its value with a +12.66% increment in the last 24 hours and a significant jump of +52.06% in the past week. The overall positive sentiment in the crypto market, and the potential for Siacoin to become a part of the next altcoin season are also driving factors behind this upward movement in value.
Read more on: www.cryptopolitan.com, www.cryptopolitan.com, www.cryptopolitan.com, www.cryptopolitan.com, u.todayGolem (GLM)
The Golem (GLM) coin is experiencing an impressive surge in its value, with increases of 1.58% in the last 24 hours and a remarkable 48.48% over the course of the past week. This price rise is largely attributed to positive news surrounding Golem, such as the platform’s advanced decentralized computing resources that are deemed a game-changer in the industry. The latest developments and updates have showcased Golem’s promising capabilities, thus boosting investor confidence and contributing to this upward price trajectory.AltLayer (ALT)
The AltLayer (ALT) coin is experiencing a significant growth with an increase of +8.91% in the last 24 hours and +32.38% this week due to increased investor interest and bullish trends in the altcoin market. Rising optimism and expanding usage is boosting the price, while continual development and potential breakout confirm the positive trend. This trend is expected to continue as the overall sentiment in the altcoin sector remains very positive, luring in more traders and investors.
Read more on: www.cryptopolitan.com, www.cryptopolitan.com, go.thecrypto.app, dailyhodl.com, cointelegraph.com
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