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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...

Crypto Weekly Recap: Grayscale Launches AVAX Fund; Telegram CEO Arrested; Sun Pump Surpasses Pump.fun; & More (Aug. 18–24, 2024)

26 Aug 2024 4 minute read 0 comments MelegaSwap

This week brought notable updates in the crypto and political arenas. Bitcoin surged by 7.89% over the past seven days, lifting many altcoins with it. Former Binance CEO Changpeng “CZ” Zhao is now listed as an inmate at the Long Beach field office, w...

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: 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: Ether ETF Live; Trump Shares Crypto Plans; WazirX Reveals Recovery Plan; & More (Jul 21-27, 2024)

28 Jul 2024 4 minute read 0 comments MelegaSwap

This past week brought a range of exciting developments in the cryptocurrency space. These included the launch of the first-ever Ethereum ETF in the US and the Bitcoin 2024 Event, where prominent American senators and presidential candidates such as...

Crypto Weekly Recap: WazirX Hacked; SEC Approves ETH ETF; First NEAR ETP Launched; & More (Jul 14-20, 2024)

21 Jul 2024 4 minute read 0 comments MelegaSwap

This past week saw a remarkable increase in Bitcoin's value, with its price rising by more than 11%, starting at around $60,000 and reaching over $67,000. This surge occurred despite the announcement made by Mt Gox trustee Nobuaki Kobayashi that on J...

MelegaSwap Announces Strategic Partnership with AI Voice Platform AIV, Adds AIV Token to Trading

15 Jul 2024 2 minute read 0 comments MelegaSwap

MelegaSwap, a leading decentralized exchange platform on BSC and Base Chain, has formed a strategic partnership with AIV. This collaboration comes after listing AIV's native token, AI Voice Token (AIV), on the MelegaSwap exchange. AIV is an innovativ...

Crypto Weekly Recap: Germany Sells Off BTC Holdings; Republicans Endorse Crypto; BitMEX Pleads Guilty; & More (Jul 7-13, 2024)

14 Jul 2024 5 minute read 1 comment MelegaSwap

This week, the Crypto Fear & Greed Index plummeted to its lowest point since January 2023, reaching 27 on July 9 due to selling pressure triggered by the German government's actions. However, one piece of highly optimistic news has the potential to d...

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: SEC Ends ETH Probe; Winklevoss Donates $2M to Trump; Kraken Recovers Hacked Funds; & More (June 16-22, 2024)

26 Jun 2024 4 minute read 0 comments MelegaSwap

The total crypto market capitalization dropped dramatically during the week, reaching its lowest level in five weeks at $2.34 trillion. This decline affected almost all top coins, with Bitcoin dropping by over 2.7% during the week. Some analysts sugg...