- The Coin Block
- Posts
- Premium Newsletter Week 39 2024
Premium Newsletter Week 39 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 down
The hot coin we look at this week is $RUNE
Airdrops:
$GOH
$DAPP
$SWTR
$MYSTRY
News:
PayPal Allows Businesses to Trade BTC & Crypto
BitcoinOS Introduces BitSNARK for Privacy
Visa to Pilot Tokenization on Ethereum
Vitalik Buterin Backs Celo's Stablecoin Growth
Celestia Foundation Secures $100M Funding
Hydro DAO Deployed on Neutron
Harris Mentions Crypto in Fundraiser
MicroStrategy's S&P 500 Dreams Delayed
And much more!
BTC & ETH Market Update 📈
Crypto is up this week, with BTC being up 4.4% and ETH up 5.3%:

Bitcoin dominance has decreased over the week, rising from 54.6% to a peak of 54.62% and ending at 53.84%. Bitcoin is down due to strong bullish momentum, altcoin performances, successful breakouts above key levels, negative market sentiment, and ongoing institutional interest.

It’s going to be interesting to see whether this trend will continue in the short term, as capital in crypto tends to flow initially to BTC and then further out on the risk-curve, starting with altcoins like ETH and then into mid- or low-cap coins.
Subscribe to Premium to read the rest.
Become a paying subscriber of Blockletter to get access to this post and other subscriber-only content.
Already a paying subscriber? Sign In.
A subscription gets you:
- • No Ads
- • Weekly News Update
- • Weekly Market Update
- • Weekly Airdrop Update
- • Weekly Memecoin Update