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#1. Bitcoin Weekly News Summary Bitcoin rises this week to $51,000, highest since May Investors say bitcoin’s movement coincided with hundreds of millions of dollars in options expiries on Friday. They also pointed to Fed Chair Jerome Powell’s dovish Jackson Hole, Wyoming, speech, suggesting that bitcoin is seeing a catch-up trade…

#1. Bitcoin Weekly News Summary Bitcoin Moves To Again Test A Key Resistance Level The price of the cryptocurrency dropped below the key average in May of this year and the level (currently $35,115) has now become resistance. https://finance.yahoo.com/news/bitcoin-moves-again-test-key-144719209.html Amazon may soon allow users to pay in cryptocurrencies like Bitcoin Amazon…

#1. Weekly News Summary Bitcoin jumps after El Salvador says it’ll start accepting it as legal tender Bitcoin’s value shot up after El Salvador became the world’s first country to accept it as legal tender. https://edition.cnn.com/2021/06/10/investing/bitcoin-price-el-salvador-intl-hnk/index.html Bitcoin to get a network upgrade after 4 years Taproot, the most significant improvement to…

#1. Weekly News Summary Bitcoin Loses Grip in Climb Up as Ethereum Surges Bitcoin slipped a bit on Sunday, stalling around $56,780 as it continued to try to climb back up, after falling hard in late April. Ethereum, another cryptocurrency, meanwhile surged higher, getting closer to reaching $3,000. www.thestreet.com/investing/bitcoin/ethereum-surges-over-7-days Will…