This Week in Crypto: Bitcoin's Soar, Trump's Impact, and Major Legal Battles Unfold
By: Eliza Bennet
- Coinbase Surges Amid Bitcoin Rally: Coinbase's stock price has surged past the $300 mark, spurred by Bitcoin's rise and Donald Trump's electoral win, with analysts predicting further growth.
- Solana's Price Surge: Solana achieves a remarkable price increase, reviving investor hopes with potential regulatory changes ahead.
- Bitcoin Reaches New Heights: The leading cryptocurrency hits over $81,000, driven by bullish market trends and increased ETF inflows.
- FTX's $1.8 Billion Lawsuit Against Binance: FTX sues Binance over alleged financial misconduct, a pivotal legal move in the crypto space.
- A16z Sees Hope in Trump's Presidency: Andreessen Horowitz expresses optimism about the U.S. crypto market under Trump's leadership.
- MicroStrategy's Massive Bitcoin Purchase: The firm acquires $2 billion in Bitcoin, boosting its holdings significantly amid market optimism.
- Bitcoin Surpasses Silver: Bitcoin surpasses silver in market cap, edging closer to gold, showcasing the growing influence of digital currencies.
