The Nobel week begins, the winners will receive 11 million Swedish kroner

by THEFUTURE.TEAM

October 7, 2024

Nobel week begins in Stockholm, during which the winners of the prestigious awards will be announced.

KEY FACTS

Traditionally, the Nobel Prize in Physiology or Medicine opens the announcement of the prestigious honors today. In the following days – on October 8 and 9, the laureates for physics and chemistry, respectively, will be announced.
The Nobel Prize for Literature will be announced on October 10.
The Nobel Peace Prize will be announced on Friday, October 11, in Oslo.
The economics award, which is not among the original awards, is on October 14.
The laureates will receive their awards at ceremonies in Stockholm and Oslo, traditionally held on December 10, the anniversary of Alfred Nobel’s death.

WHAT TO WATCH FOR

The distinction in each of the categories can be awarded to a maximum of three people. The award consists of a gold medal, a diploma and a cash prize, which this year has been increased by one million Swedish kroner and will amount to 11 million Swedish kroner (US$986,000).

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KEY STORY

At the request of Alfred Nobel (1833 – 1896), the prizes he established were for the most important discoveries in the field of physics, chemistry, physiology or medicine, for remarkable literary achievements, and for activity in the interest of world peace.

The first Nobel Prize was awarded in Saint Tropez in 1901 – five years after the death of Alfred Nobel.

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Bitcoin Surges 23% In A Week As Investor Optimism Returns

by News Editor

August 21, 2026

Bitcoin was on track for a weekly gain of around 23% on Friday as a series of positive macroeconomic and policy developments boosted investor sentiment.

The cryptocurrency was trading about 6% higher at roughly $77,000, up from around $62,800 at the start of the week. Crypto-related stocks also rallied, with Coinbase and Circle gaining more than 9%, while Strategy rose 7%.

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Macro Factors Fuel Rally

Bitcoin’s latest surge began Wednesday after Treasury yields fell sharply following a major intervention by the U.S. Treasury in the bond market. Lower yields eased pressure on risk assets and helped trigger a broader move into cryptocurrencies.

The rally was further amplified by a major short squeeze. Around $2.7 billion in crypto short positions were liquidated, according to CoinGlass.

Max Stuedlein, head of Partnerships at Sygnum APAC, said the move reflected an alignment of macroeconomic and policy catalysts, including the Treasury’s decision to increase buybacks of longer-dated government debt.

Clarity Act Boosts Sentiment

Investor confidence improved further on Thursday as the White House and crypto industry leaders made a final push to advance the Clarity Act in the coming weeks.

The legislation is widely viewed as a potential catalyst for the crypto market, although its chances of passing remain relatively limited.

Despite the rally, bitcoin remains well below its 2026 high of $94,820 reached in January and its all-time high of $126,198, set last October.

Analysts See More Volatility Ahead

Lucy Gazmararian, founder and managing partner at Token Bay Capital, said the crypto market may be approaching the end of its bear cycle.

She expects bitcoin could experience one more decline of around 20% before the market turns, pointing to historical cycles and the recent liquidation of heavily leveraged short positions.

Gazmararian also described bitcoin as a long-term hedge against monetary debasement, while warning that its short-term price remains highly volatile and driven by market cycles.

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