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Market Insights: NOV 2024 | Week4

Wavebridge Research/ Bitcoin and Cryptocurrency Market Surge After Trump’s Election Win Bitcoin and the cryptocurrency market have been on a bullish run since Trump's election win. This is also reflecting expectations that bitcoin could be adopted as a strategic asset in the US. Republican Senator Cynthia Lummis

Market Insights: NOV 2024 | Week3

Wavebridge Research/ Bitcoin and the cryptocurrency market have been on a bullish run since Trump's election win. This is also reflecting expectations that bitcoin could be adopted as a strategic asset in the US. Republican Senator Cynthia Lummis has proposed selling some of the Fed's gold

Market Insights: NOV 2024 | Week2

Wavebridge Research/ The election of Trump as the next president of the United States has given the cryptocurrency market a strong upward momentum. The crypto market rallied across the board in a cyclical buying spree, with Ethereum and altcoins, which have been marginalised relative to Bitcoin, making strong gains. Bitcoin

The regulation virtual asset market in South Korea

The first virtual asset business in South Korea began in 2013. Since then, the virtual asset industry has naturally become part of the regulated sector. A regulated industry is one that is subject to strong oversight by government or supervisory authorities, usually due to its significant social impact. Let’s

Market Insights: NOV 2024 | Week1

1.BlackRock's Bitcoin ETF Hits Record Trading Volume Post-Election BlackRock's iShares Bitcoin Trust (IBIT) experienced a record-breaking trading day on November 6, 2024, with volumes surpassing $4.1 billion following Donald Trump's victory in the U.S. presidential election. This unprecedented activity surpassed the

[Weekly] 2024 October Week 5

1. Bitcoin ETF Inflows Surge to Record Highs Spot Bitcoin ETFs have recently witnessed a remarkable surge, with $870 million in daily inflows recorded, marking the largest single-day inflow since June. This heightened interest in Bitcoin ETFs signals a strong renewed investor confidence in Bitcoin, potentially driven by positive regulatory

[Weekly] 2024 October Week 4

1.Nigeria Clears Binance Executive of Legal Charges In a major legal update, Nigerian authorities have officially dropped all charges against a Binance executive who was under scrutiny for the company’s operations in the country. This decision could pave the way for Binance to reassess its strategy in Nigeria,