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Crypto Weekly Recap: Trump Makes Bitcoin History; Solana Launches Seeker; MicroStrategy Raises $1B for Bitcoin; & More (Sept. 15–21, 2024)

22 Sep 2024 4 minute read 1 comment MelegaSwap

Bitcoin (BTC) surged 4.75% over the past week, reaching a high of over $64,000. This week proved pivotal as Federal Reserve Chair Jerome Powell responded to market demands with a 50 basis point interest rate cut. This policy shift, among other factor...

Crypto Weekly Recap: Bitcoin ETFs Saw $671.9M Outflows; SEC Approves BTC/ETH ETFs; Craig Wright Gets Suspended Sentence; and More; (Dec. 15-21, 2024)

22 Dec 2024 4 minute read 3 comments MelegaSwap

This week, Bitcoin surged to a new all-time high of $108,135, only to experience a swift decline to $92,805.76. Despite this drop of over 10% from its peak, experts suggest that the correction phase may be nearing its end, with the potential for a ne...

Crypto Weekly Recap: Court Rules Cryptos Not Securities; Circle Gains EU Approval; Mt. Gox Repayments Begin; & More (Jun 30-Jul 6, 2024)

7 Jul 2024 5 minute read 1 comment MelegaSwap

This week, Bitcoin plummeted to as low as $53,600 on some exchanges, marking its first time trading at this level since February. This catastrophic crash ensued after the defunct Mt. Gox crypto exchange initiated transferring billions of dollars wort...

Crypto Weekly Recap: Bitcoin for National Debt; Genesis $4B Restructuring; Tokenized T-Bills on XRPL; & More (Jul 28-Aug 03, 2024)

4 Aug 2024 4 minute read 0 comments MelegaSwap

This week, the crypto market faced significant losses, with Bitcoin falling below $60,000, its lowest point in weeks.BTC declined from a weekly high of $70,000 to around $59,000, following the US government's transfer of over $2 billion in Bitcoin. I...

Crypto Weekly Recap: Ripple Labs' Legal Win; Celsius Sues Tether; Russia Legalizes Crypto Mining; & More (Aug. 04-10, 2024)

11 Aug 2024 4 minute read 1 comment MelegaSwap

This week, the Crypto Fear & Greed Index hit “Extreme Fear” for the first time in two years, with U.S. Bitcoin ETFs seeing $168.4 million in outflows on August 5. The index dropped to 17 out of 100, the lowest since July 12, 2022, down from 67 on Jul...

Crypto Weekly Recap: BTC Price to Reach $150K-$400K; FTX Users Set to Get Paid; Uniswap v4 to Launch Soon; and More (Dec. 22-28, 2024)

5 Jan 2025 4 minute read 0 comments MelegaSwap

Experts believe that the Bitcoin price could reach between $150,000 and $400,000 by 2025. In the first week of 2025, Bitcoin (BTC) showed slight positive momentum. Over the last seven days, its price increased by 3.56%, hitting $98,699 and getting cl...

Crypto Weekly Recap: Ripple Co-Founder Backs Kamala Harris; CFTC Charges Uniswap; CZ Entirely Banned from Binance; & More (Sept. 1–7, 2024)

8 Sep 2024 4 minute read 0 comments MelegaSwap

The cryptocurrency market continues to experience significant volatility, with Bitcoin dipping below $53,000 and struggling to regain that level. Market sentiment has fallen to a one-month low as analysts caution about a potential price correction th...

Crypto Weekly Recap: Solo BTC Miner Earns $200K; OpenSea Receives SEC Wells Notice; Elon Musk Wins DOGE Lawsuit; & More (Aug. 25–31, 2024)

1 Sep 2024 4 minute read 0 comments MelegaSwap

The cryptocurrency market remains volatile, with Bitcoin struggling to break above the $62,000 level. Meanwhile, high-profile figures in the industry have faced legal troubles and scams have continued to plague the space. Telegram founder Pavel Durov...

Melega.Finance: Pioneering the Future of Crypto with Innovation and Opportunity

12 Dec 2024 2 minute read 0 comments MelegaSwap

The Melega.Finance ecosystem has been making waves in the crypto space with its robust expansion and relentless innovation. Originally built on the BNB Smart Chain, Melega has rapidly transformed into a multi-chain powerhouse, integrating with major...

Crypto Weekly Recap: Trump Vows to End Crypto Crackdown; SEC Gives Time for Ether ETF Approval; MicroStrategy Upsizes Bitcoin Debt; & More (June 9-15, 2024)

16 Jun 2024 3 minute read 0 comments MelegaSwap

This week was tough for the global crypto market, with Bitcoin dropping by over 4.48%. It plummeted from over $70,000 to around $65,000 before stabilizing at approximately $66,000 by press time. This decline had a ripple effect across the crypto indu...