Why Cryptocurrencies and Crypto Stocks Jumped This Week

Travis Hoium, The Motley Fool

July 30, 2021 at 1:51 p.m.·2 min read

Why Cryptocurrencies and Crypto Stocks Jumped This Week

Shares of cryptocurrency stocks jumped sharply this week, according to data provided by S&P Global Market Intelligence, as cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) made a sharp recovery. Bitcoin jumped on reports over the weekend that Amazon was looking to accept the cryptocurrency as early as this year for retail orders. Bitcoin rose 15.7% between the close of trading a week ago Friday to early this Friday and reached over $40,000 during the week.

The Daily Beast
Kate Middleton Joins the Likes of Winston Churchill With ‘Special’ New Honor
ReutersBuckingham Palace announced Tuesday that King Charles had appointed Kate Middleton to a prestigious new title—one that’s a first in the history of the British royal family.Middleton, the Princess of Wales, was named Royal Companion of The Order of the Companions of Honour, which makes her the first ever Royal Companion named to that order. The official royal website says the Order of the Companions of Honour is “a special award granted to those who have made a major contribution to the ar
6 minutes ago
Associated Press
The Rev. Cecil Williams, who turned San Francisco's Glide Church into a refuge for many, has died
The Rev. Cecil Williams, who with his late wife turned Glide Church in San Francisco into a world-renowned haven for people suffering from poverty and homelessness and living on the margins, has died. Williams and his wife, Janice Marikitami, who passed away in 2021, appeared in Will Smith’s film “The Price of Happiness,” which was based on the life of a homeless father and son who once found help at Glide Memorial Church. Williams died Monday at his home in San Francisco surrounded by friends and family, Glide said in a statement.
6 minutes ago
People
YouTuber Aspyn Ovard and Husband Parker Ferris Pause Divorce Proceedings to Reach Settlement
Ovard filed for divorce on April 1, the same day she announced her and Ferris' third child was born
6 minutes ago
Miami Herald
A 19-year-old faces charge for sexually battering an intoxicated young girl, cops say
The 14-year-old called Aaron Daniel Torres asking for a ride home after she had gotten drunk, police say.
7 minutes ago
WXII - Greensboro/Winston-Salem Videos
WATCH: Sunshine and a Pleasant Breeze Tuesday, Passing Shower Chance for Wednesday
More clouds arrive late Tuesday evening. Morning lows are out of the 30 as clouds help keep temps in the 40s to near 50 in the Piedmont Triad. Passing shower chances are possible through midday Wednesday. Hot 80s are likely in the Piedmont Triad again by Monday.
8 minutes ago
Yahoo Sports Videos
Would J.J. McCarthy at QB boost Justin Jefferson's fantasy value? | Yahoo Fantasy Football Show
Yahoo Sports' Matt Harmon and Thor Nystrom from Fantasy Pros/Betting Pros analyze how a new quarterback could affect the performance of Justin Jefferson in 2024. Listen to the entire conversation on the “Yahoo Fantasy Football Show” podcast, and make sure to subscribe on Apple Podcasts, Spotify, or your preferred listening platform.
8 minutes ago
Investor's Business Daily
Dow Jones Futures: Market Rallies, But Big Tests Loom; Tesla Soars On 'Affordable' EV, Elon Musk
The rally attempt gained steam Tuesday. Tesla leapt late as it said an "affordable" EV is coming. Elon Musk is on the call.
8 minutes ago
WCPO - Cincinnati Scripps
Winning the mental game translates to best season in NKU baseball history
The Norse are winning -- a lot. The team uses the word "mindfulness" when describing their mental approach to the game, which has had an impact on their success this season.
9 minutes ago
BBC
'Lost' Gustav Klimt painting to be auctioned
Mystery surrounds the unfinished Portrait of Fraulein Lieser, which could fetch more than €50m.
11 minutes ago
The Independent
Fugitive ex-police officer wanted over two murders found with gunshot wound while infant with him is safe
Elias Huizar, 39, allegedly gunned down his ex-wife outside an elementary school on Monday, while police found the body of his teenage girlfriend at a nearby home
11 minutes ago
USA TODAY Sports
Philadelphia 76ers' Tyrese Maxey named NBA's Most Improved Player after All-Star season
Tyrese Maxey can add Most Improved Player to NBA All-Star as the accolades pile up for the Philadelphia 76ers star
11 minutes ago
PA Media: UK News
What the papers say – April 24
A range of stories features on the front page of the nation’s newspapers.
11 minutes ago
KETV - Omaha Videos
Meet the candidates: Legislative District 5, the home of south Omaha
Three candidates are hoping to move on to the November general election.
11 minutes ago
Business Insider
Gen Z may have 50-year retirements, so start investing now, says UBS
Retirements are getting longer, and being comfortable after you stop working means beating inflation by 2 percentage points, say UBS strategists.
12 minutes ago
WEWS-Cleveland Videos
Catholic Charities Corporation found partially negligent in death of child, jury decides
The jury in a wrongful death lawsuit found that Catholic Charities Corporation is 8% responsible in connection to the death of 5-year-old Jordan Rodriguez.
12 minutes ago
The Telegraph
Pelosi calls for Netanyahu to resign for failing to end Hamas war
Nancy Pelosi has called for Benjamin Netanyahu to resign as prime minister of Israel, accusing him of being unable to bring peace to the Gaza conflict.
12 minutes ago
KOCO - Oklahoma City Videos
Driver in Yukon crash that killed 16-year-old sentenced to 31 years in prison
Driver in Yukon crash that killed 16-year-old sentenced to 31 years in prison
13 minutes ago
Reuters
UPDATE 1-US FDA says commercial milk safe despite bird flu virus presence
The U.S. Food and Drug Administration said on Tuesday that it had found bird flu virus particles in some samples of pasteurized milk, but said commercial milk supply remains safe. The FDA said that because the milk is pasteurized, it remains safe for human consumption as the process kills harmful bacteria and viruses by heating milk to a specific temperature. "Based on available information, pasteurization is likely to inactivate the virus, however the process is not expected to remove the presence of viral particles," the FDA said.
13 minutes ago
The Canadian Press
Philadelphia's Tyrese Maxey edges Chicago's Coby White, wins NBA's Most Improved Player award
Tyrese Maxey was sixth in the Most Improved Player voting two years ago, a tribute to the jump he made between his first and second seasons in the NBA. Voters thought the jump he made from his third year to his fourth was even more impressive. Philadelphia's All-Star guard on Tuesday night was named the league’s most improved this season. Maxey’s scoring rose for the third consecutive year, and he finished the regular season averaging 25.9 points, 6.2 assists, 3.7 rebounds and 1.0 steals per gam
13 minutes ago
KMGH - Denver Scripps
Denver's social equity cannabis program approves 50th license on 3rd anniversary
This past weekend marked 3 years since the City of Denver launched it’s marijuana social equity program aimed at helping residents with previous marijuana convictions, or who were disproportionately impacted by the war on drugs, launch their own marijuana businesses.
14 minutes ago

Latest Stories