TL;DR

Markets:

• BTC is up & ETH is up

• BTC underperformed ETH this week 

• Bitcoin dominance is up

• DOGE is up & SHIB is up

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

Airdrops:

• $X365

• $SOL

• $DOG

• $GOLF

News:

• Bitcoin Surpasses Google Market Cap

• US Banks Cleared to Support Bitcoin

• Ethereum’s L2 Scaling Supports High-Throughput Chains

• Ethereum Gas Limit Test for Fusaka Fork

• Securitize and Mantle Launch MI4 Crypto Fund

• Stargaze Introduces Gas Fees for NFTs

• Paul Atkins Sworn in as SEC Chairman

• SEC Charges Exec Over $198M Crypto Fraud

Memecoins:

• DOGE is up

• SHIB is up

• LUCE Meme Coin Spikes After Pope’s Death

• Shiba Inu burn rate jumps 3,273%

• TRUMP memecoin holders invited to dinner

• Dormant wallet buys $1.5m TRUMP ahead of dinner

• CZ targeted in fake Grok token scam

• Is Elon Musk Leaving DOGE in May 2025?

And much more!

BTC Game Theory Explained

BTC, ETH, DOGE & SHIB Market Update 📈

Crypto is down this week, with BTC up 11.6% and ETH up by 12.6%:

Bitcoin dominance increased over the week, starting at 60.84% and reaching a high of 61.62%, before settling at 61.27%. 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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