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.

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