Premium Newsletter Week 38 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 $TIA

Airdrops:

  • $ZETA

  • $SOCIAL

  • $TRVL

  • $MYCEL

News:

  • Louisiana Adopts Bitcoin for Utility Bills

  • Fed Cuts Interest Rates by 50 Basis Points

  • Ethereum's 'Pectra' Upgrade Split into Two Phases

  • SEC vs. Consensys: Ethereum Win, MetaMask Battle

  • Jupiter Expands DEX with Coinhall, SolanaFM

  • ckBTC Bridges Bitcoin to Cosmos via Osmosis

  • Binance Founder to Be Released from Prison

  • Revolut Set to Launch Stablecoin

And much more!

BTC & ETH Market Update 📈

Crypto is up this week, with BTC being up 4.6% and ETH up 4.3%:

Bitcoin dominance has decreased over the week, rising from 54.34% to a peak of 55.26% and ending at 54.6%. 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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