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 $FLM

Airdrops:

• $SLIX

• $GPU

• $SO

• $CTOAI

News:

• Bitcoin Could Hit $1M by 2029

• Coinbase's Bitcoin Yield Fund to Launch

• Grayscale Urges SEC to Approve Ethereum ETF Staking

• FIFA Shifts NFT Platform to Ethereum Blockchain

• Cosmos SDK v0.53.0 Brings Major Upgrades

• Stargaze Plans Migration to Cosmos Hub

• Ripple's $4B-$5B Offer for Circle Rejected

• Stripe's Bridge and Visa Launch Stablecoin Cards

Memecoins:

• DOGE is up

• SHIB is up

• Melania Team Dumps $1.5M Tokens

• TRUMP whales spend $6.4M on rally

• Nasdaq Seeks Approval to List DOGE ETF

• PEPE Whales Pile on 9 Trillion Tokens

• Trump's Crypto Push Faces Market Skepticism

• SEC Delays Ruling on XRP, DOGE ETFs

And much more!

BTC Game Theory Explained

BTC, ETH, DOGE & SHIB Market Update 📈

Crypto is down this week, with BTC up 1.8% and ETH up by 2.1%:

Bitcoin dominance increased over the week, starting at 61.24% and reaching a high of 61.76%, before settling at 61.67%. 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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