Weekly Crypto Market News Round Up (OCT 17-24)

Crypto Weekly Round Up
  • Shiba Inu (SHIB) may reach new ATH $0.1 sooner than expected
  • Coinbase Signs Partnership With NBA, WNBA
  • Mariah Carey Partners With Gemini

The crypto market is now taking the right path towards the bullish market. In detail, most of the crypto assets in the market are now wearing green colors which is a good sighting. Furthermore, Bitcoin, the king of crypto assets remains undefeated on its throne of being the number one crypto asset with a market cap of over $1 trillion. 

These activities of the crypto assets in the market are just some of the factors that contribute to the uptrend position of the crypto space. However, there are also some other things that helped the market of the crypto world uplift its position against the bears. 

In this CryptoNewsLand article we will discuss most of the highlights that happened in the crypto world in the past seven days. So, without further ado, here is the hottest news in the crypto world that you might have missed this week.

Mariah Carey Partners With Gemini, Gives Away $20 Bonus BTC to Fans

World-renowned artist Mariah Carey recently announced that she partnered with US-based cryptocurrency exchange Gemini. Through the partnership, Mariah is giving away $20 worth of bonus bitcoin for first-time Gemini users.

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Shiba Inu (SHIB) Reaches New ATH. $0.1 Soon?

Internet sensation Shiba Inu (SHIB) token recently surpassed its all-time high (ATH). According to CoinGecko, SHIB price ATH is $0.004316 at the time of writing. 

Shiba Inu’s strong market performance enabled it to surpass other cryptocurrencies in terms of market capitalization. In fact, SHIB now holds the #11th position on CoinGecko and #13 on CoinMarketCap.

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Bitcoin Core Dev Resigns Ahead of Kleiman vs Wright Trial

Schnelli’s resignation came ahead of the lawsuit between Ira Kleiman and Craig Wright. By and large, the lawsuit focused on intellectual property rights. Specifically, Kleiman claims that Wright co-developed Bitcoin with other persons including his brother Dave.

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Associated Press Partners With Chainlink for Blockchain Data, NFT

The Associated Press (AP) announced its partnership with Chainlink to facilitate its economic, sports, and race call data on the blockchain. According to an announcement, the partnership is to record information “in an unalterable way”.

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Coinbase Signs Partnership With NBA, WNBA

US-based cryptocurrency exchange Coinbase has signed a multi-year partnership with the National Basketball Association (NBA) and Women’s National Basketball Association (WNBA). By and large, the partnership will open the mainstream basketball space into cryptocurrency, along with other features.

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Bitcoin Hits All-Time-High; $100K by End-of-Year?

Bitcoin is now on fire as it continues to break from one resistance level to another. This time, Bitcoin has reached its all-time high price of $67,276.79. As a result, analysts and crypto enthusiasts all over the crypto space are predicting that the $100,000 price by the end of the year is possible.

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Bitcoin Ready for New ATH? BTC Price at $62,300

All eyes of the crypto market are fixed on Bitcoin price, as the top asset is just about $2,000 away from reaching its all-time high (ATH) price.

At the time of writing, Bitcoin price is at $62,241.89, according to CoinGecko. The current BTC price ATH is $64,804.72, which was from over 6 months ago. If BTC exceeds this price, then it would have recorded a new ATH. Moreover, the total crypto market cap has achieved more than $2.6 trillion. This amount was last achieved 6 months ago as well.

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Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

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