Weekly Crypto News Roundup: Bitcoin, Ethereum, and Global Market Impacts
By: Eva Baxter
- Geopolitical Shifts Impacting Bitcoin and Oil Markets: The capture of Venezuela's President Nicolás Maduro by the U.S. has introduced unexpected dynamics in oil and Bitcoin prices, leading to market fluctuations.
- Bitcoin Surges Amid Geopolitical Tensions: Bitcoin's price hits $92,000, buoyed by geopolitical tensions and favorable conditions.
- Ethereum's Scalability Improvement: Ethereum developers increase the blob limit from 15 to 21, aiming for better network performance.
- XRP's Price Performance: XRP rallies past $2.00 and gains investor confidence with potential upside opportunities.
- Morgan Stanley's Crypto ETF Plans: Morgan Stanley files for ETFs linked to Bitcoin and Solana, aiming to expand digital asset access.
- Bitcoin's $94,000 Price Surge: Institutional inflows significantly boost Bitcoin's price, with ETFs facilitating this growth.
- Zcash Team Departure: The core development team resigns due to governance disputes, affecting Zcash's market positioning.
