The cryptocurrency world is witnessing a seismic shift as bitcoin, the pioneer in digital assets, appears to be breaking free from its long-established four-year cycle in favor of a so-called “super cycle.” This departure from the norm is not just relevant—it's potentially revolutionary.

Traders are scrambling to position for a Donald Trump victory in next week’s US election, triggering a frantic rush into bitcoin and gold which is tipped to benefit from ballooning deficits and geopolitical tensions under the Republican candidate.

Robinhood announced on October 28 that it would enter the prediction betting market, allowing users to trade contracts on the outcome of the 2024 presidential election just eight days before voters head to the polls.

AI bots are now driving a new wave of activity in the cryptocurrency market by launching and trading meme coins. Known as "AI Meme Coins," Needham analysts view this “as one of the most unique narratives to develop in crypto in the last several years.”

The Boston Celtics and New York Knicks tipped off the 2024-2025 NBA season on Tuesday, Oct. 22, and helped propel NBA Topshot NFT sales to their highest weekly levels since before last season's NBA playoffs began. 

ETF analyst Eric Balchunas says the outsized trading volume across BlackRock's spot Bitcoin ETF is proof that investors are panic-buying Bitcoin as the asset nears its all-time high.