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Bitcoin Price Nears $68,000 Amid Bullish Sentiment Bitcoin (BTC) continues its upward trajectory, approaching the $68,000 mark with a recent increase of 1%. This rise reflects strong market sentiment driven by institutional interest and favourable political factors. Donald Trump’s vocal endorsement of cryptocurrency and his declaration that “crypto is the future” have played a significant role in Bitcoin’s climb.

2024 is soon coming to an end after an eventful year which saw notable developments such as Ethereum's Dencun upgrade, the approval of Bitcoin ETFs, and Markets in Crypto-assets (MiCA) regulation coming into effect. But one area that has seemingly gone under the radar is the increase of businesses (SMEs and corporates) investing into crypto, which has naturally coincided with more and more people using crypto asset management and solutions.

Chainlink (LINK) has gained significant attention in recent weeks due to its positive price movement and key partnerships. Over the past month, LINK has seen a price increase of roughly 10%, driven primarily by strategic collaborations such as the one with Taurus, which aims to accelerate the adoption of tokenized assets in the institutional sector.

If you are a European crypto investor or service provider, then MiCA regulation is something that has probably been on your radar for sometime; and for good reason too. Before MiCA, there was no official EU legislation in place to regulate the provision of cryptocurrencies, and crypto service providers had to instead meet individual regulatory demands from each EU member state.

Bitcoin Dips Amid PlusToken-Related Selling Pressure Bitcoin (BTC) dipped below $61,000 on Wednesday, largely due to the movement of crypto assets linked to the infamous PlusToken Ponzi scheme. Reports indicated that 7,000 ETH, valued at $16 million, was transferred to exchanges, sparking concerns of increased selling pressure that could further weigh on the market.

SUI, the native token of the Sui blockchain, has seen an impressive surge in recent weeks, capturing the attention of investors and market analysts alike. Over the past month, SUI has gained an astounding 140%, positioning itself as one of the top-performing cryptocurrencies in the market.

Are you ready to take your first step into the world of crypto investing? Now’s the perfect time! We’re thrilled to announce an exciting promotion exclusive to new users that lets you earn a 25 USDT gift card after investing just 50 EUR in any Crypto Strategy on the ICONOMI platform.

If you are an institutional crypto investor, wealth manager or financial advisor who's looking to expose your client's capital to the opportunity-laden crypto market, then using a crypto asset management software platform is essential in 2024! In the past, crypto asset management was normally done manually, and was an operation that was more common amongst crypto hedge funds and VCs.

Key News for the Crypto Market in September One of the most significant developments in the crypto market during September was the Federal Reserve's decision to implement a 50 basis point interest rate cut, the largest since the COVID-19 pandemic. This move provided fresh liquidity to the markets and bolstered investor confidence in risk assets like Bitcoin and Ethereum.