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- Premium Newsletter Week 31 2024
Premium Newsletter Week 31 2024
Keeping you updated on crypto, web3 and blockchain
TL;DR
Markets:
BTC is Up & ETH is Up
BTC under-performed ETH this week
Bitcoin dominance is up
The hot coin we look at this week is $KAS
Airdrops:
$SPARKLET
$LCC
$DUMP
$HON
News:
Bitcoin 2024 Conference Highlights
US Moves $2B Bitcoin After Trump’s Reserve Pledge
Hong Kong's Largest Broker Launches Ether Trading
Ethereum ETFs Struggle Post-Launch
Lava Public Mainnet Launch
Tria Launch Chain-Abstraction on Injective
Russia Legalizes Crypto Mining
Bank of England Cuts Rates for First Time in Four Years
And much more!
BTC & ETH Market Update 📈
Crypto is down this week, with BTC being up 0.1% and ETH up 1.3%:
Bitcoin dominance has increased over the week, rising from 53.1% to a peak of 53.56% and ending at 53.2%. Bitcoin is up due to strong bullish momentum, significant short position liquidations, successful breakouts above key levels, positive market sentiment, and ongoing institutional interest.