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Cryptocurrency News Articles
Why Analysts Remain Bullish For Bitcoin in 2024 | Weekly News Recap
Aug 19, 2024 at 01:47 pm
In today’s weekly recap, we check out what’s happening in the bitcoin price during the weekend.
Good morning. In today’s weekly recap, we check out what happened in the bitcoin price during the weekend.
For my foreword at the beginning of every week, I want to highlight one recent article. It’s a press release: The Philippines Chooses Venom for Groundbreaking National Blockchain Initiative
These are the things I want BitPinas to continue to lead — the right conversations, whether critical or in praise of — ensuring that we continue to be at the forefront of the dialogue shaping the future of blockchain in the Philippines.
And with that, let’s check out the news of the past week!
Table of Contents
Market Updates
Here are the crypto highlights of the week:
Last Week on the BitPinas Webcast
We talked with Liz Sanchez – Lead Coordinator of Superteam Philippines and BD Associate of The BLOKC and Georgeson Guray – University Activation Lead at Junior Blockchain Education Consortium of the Philippines to discuss Solana’s efforts in promoting web3 in the Philippines.
Feature Story: Bitcoin Dips Below $59K, Analysts Remain Bullish for 2024
Bitcoin fell to around $58,646 on Sunday after briefly surpassing $60,000 on Saturday, marking a 1.7% drop, according to CoinGecko.
What’s the main issue: They continue to highlight ongoing geopolitical tensions in the Middle East and uncertainty over the next U.S. president as challenges for crypto in 2024.
What’s next: With August and September as potentially weak months for Bitcoin, QCP Capital made the following predictions: Six months of consolidation through early 2025 followed by a strong rally that will last for the next six months, leading to a new all-time high.
Weekly Recap: Local Crypto News
Educational Corner
Learn how to earn in various ways:
Regulation Watch
Stay informed about the latest regulatory updates from here and around the world and what they mean for you:
Community Spotlights
The following people were feature in last week’s community spotlights:
At the Scene
On the ground activations and more:
More Web3 and AI News
Discover the latest in web3 and AI innovation.
Web3 Gaming Section
The future of web3 is gaming, and here are the latest news.
Upcoming Event
Noteworthy
Key updates and announcements from around the crypto and blockchain world:
Stay Connected:
We’d love to hear from you! Reply with your thoughts or questions.
This article is published on BitPinas: Why Analysts Remain For Bitcoin in 2024 | Weekly News Recap
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