Premium Newsletter Week 33 2024

Keeping you updated on crypto, web3 and blockchain

TL;DR

Markets:

  • BTC is down & ETH is down

  • BTC under-performed ETH this week 

  • Bitcoin dominance is up

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

Airdrops:

  • $MBNB

  • $BOOL

  • $JUP

  • $FREN

News:

  • S. Korea Pension Fund Buys $34m MicroStrategy Shares

  • Miner Capitulation Hints at Bitcoin Bottom

  • Aleph Zero Launches zkOS-Powered Ethereum Layer 2

  • Vitalik Donates $500K in Memecoins to Charity

  • USDC ‘Tap-and-Go’ Feature Set for iPhone Launch

  • Cronos zkEVM Launches with Ethereum Bridge

  • Dubai Court Approves Crypto Salary Payments

  • SEC Subpoenas Crypto VCs, Expands Crackdown

And much more!

BTC & ETH Market Update 📈

Crypto is down this week, with BTC being down 4.3% and ETH down 2.1%:

Bitcoin dominance has increased over the week, rising from 54.3% to a peak of 54.59% and ending at 53.8%. Bitcoin dominance 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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