Premium Newsletter Week 34 2024

Keeping you updated on crypto, web3 and blockchain

TL;DR

Markets:

  • BTC is up & ETH is up

  • BTC over-performed ETH this week 

  • Bitcoin dominance is down

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

Airdrops:

  • $CAI

  • $4CAST

  • $ENF

  • $IP

News:

  • Bitwise Acquires ETC Group for European Expansion

  • Democrats Leave Crypto Out of Party Platform

  • BlackRock's Ethereum ETF Surges Past $1 Billion

  • Sony Unveils Ethereum Layer-2 Soneium

  • Skyfire Enables AI Autonomous Payments with USDC

  • Microsoft Supports Aigisos with $150K Server Credits

  • El Salvador Adds 162 BTC to Holdings

  • Base Hits 4M Active Addresses in 'Onchain Summer'

And much more!

BTC & ETH Market Update 📈

Crypto is up this week, with BTC being up 5.2 % and ETH up 2.1%:

Bitcoin dominance has decreased over the week, rising from 53.6% to a peak of 54.31% and ending at 53.7%. 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.

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