TL;DR

Markets:

• BTC is up & ETH is down

• BTC over-performed ETH this week 

• Bitcoin dominance is up

• DOGE is up & SHIB is up

• The hot coin we look at this week is $BERA

Airdrops:

• $SLC

• $THEO

• $MINT

• $SHAPE

News:

• Strategy Surpasses 500K Bitcoin Holdings

• GameStop to Raise $1.3B for Bitcoin

• Custodia & Vantage Bank Launch Avit on Ethereum

• Fidelity Brings Money Market Fund to Ethereum

• KYVE’s Public Goods Funding Supports Blockchain Data

• Google Cloud Joins Injective as Validator

• Trump Administration Plans Blockchain Overhaul for USAID

• SEC Drops Charges Against Crypto Firms

Memecoins:

• DOGE is up

• SHIB is up

• PumpSwap Surpasses $1.5B in Volume Within a Week

• AI Tokens Outpacing Memecoins?

• SHIB ETF Buzz Fuels Breakout Hopes

• DELV CEO on Crypto’s Future

• Hyperliquid JELLY Exploiter Faces $1M Loss

• 57% Distrust Milei After LIBRA Scandal

And much more!

BTC, ETH, DOGE & SHIB Market Update 📈

Crypto is down this week, with BTC up by 0.1% and ETH down by 3.6%:

Bitcoin dominance has increased over the week, starting from 58.37% to a low of 58.19% and ending at 58.82%. Investor sentiment, regulatory changes, technological advancements, and the overall growth of the cryptocurrency sector shape Bitcoin's market dominance. Its reputation as "digital gold" also enhances its position, making it a key player in the market.

It’s going to be interesting to see whether this trend will continue in the short term, as capital in crypto tends to flow initially to BTC and then further out on the risk-curve, starting with altcoins like ETH and then into mid- or low-cap coins.

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