TL;DR

Markets:

• BTC is down & ETH is down

• BTC over-performed ETH this week 

• Bitcoin dominance is up

• DOGE is down & SHIB is down

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

Airdrops:

• $HYPERSPACE

• $U2U

• $BXBT

• $PWR

News:

• UK Judge Dismisses $770M Bitcoin Landfill Case

• Russia Sells Seized Bitcoins from Bribery Case

• Compound Integrates Ethena and Mantle Tokens

• Vitalik Buterin on AI Risks and Opportunities

• MANTRA and DAMAC Partner for $1B Asset Tokenization

• Rena Labs Secures $3.3M Pre-Seed for Verifiable AI

• Nation-State Bitcoin Adoption to Drive Growth in 2025

• U.S. Regulator Targets Crypto Wallet Providers

Memecoins:

• DOGE is down

• SHIB is down

• MAGA Memecoin Soars Amid Trump Inauguration

• Shiba Inu’s Rally Potential Amid Whale Activity

• Doge Meme in U.S. Senate Sparks Reactions

• Robinhood Wallet Dominates Dogecoin Holdings

• Vitalik Buterin’s $1M Meme Coin Donation

• Bitcoin Dominance Faces Challenge: Memecoins vs. Altcoins

And much more!

BTC, ETH, DOGE & SHIB Market Update 📈

Crypto is down this week, with BTC down by 3.7% and ETH down by 9.5%:

Bitcoin dominance has increased over the week, starting from 53.2% to a high of 54.49% and ending at 54.4%. 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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