Here is a digest of the top 5 news in the crypto industry, in my opinion, for the period from October 28 to November 3, 2024:
1. Bitcoin price down: $BTC has faced increased volatility due to the declining chances of Donald Trump to win the upcoming US presidential election. Investors reduced their risky assets, which led to a correction in prices.
2. Ethereum Rally: Experts say the price $ETH could reach $3,000 if several major network upgrades are made. This supports general optimism among investors about long-term growth.
3. Ripple and ETF Progress: Grayscale has filed for an ETF based on $XRP and this could be an important step for the development of crypto funds in general. This has also contributed to increased interest in XRP.
4. Interest in crypto in Turkey: According to a survey, cryptocurrency is the third most popular investment among Turkish investors after gold and foreign currency.
5. Eastern Europe's propensity for DeFi: The region ranked fourth among the largest cryptocurrency markets, with 33% of transactions related to DeFi. This highlights the growing interest in decentralized financial solutions.
For more information, see Cointelegraph and DailyCoin.
