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Premium Newsletter Week 52 2024
Keeping you updated on crypto, web3 and blockchain
TL;DR
Markets:
BTC is down & ETH is down
BTC over-performed ETH this week
Bitcoin dominance is down
The hot coin we look at this week is $MOVE
Airdrops:
$HAT
$AVAX
$ZENT
$CAML
News:
MicroStrategy's Bold Bitcoin Expansion and Share Plans
Russia Adopts Bitcoin to Circumvent Sanctions
Ethereum ETFs Gain Amid Bitcoin Decline
Vitalik Buterin Adopts Moo Deng with 88 ETH
Uniswap V3 Launches on Saga’s Appchain
Tokenized GPU Marketplace Launched by Aethir and Injective
IRS Confirms Taxation of Staking Rewards
Trump-Linked Strive Files for Bitcoin Bond ETF
Memecoins:
DOGE is up
SHIB is up
Memecoin predictions 2025 – Will they finally learn their lessons from 2024’s rallies?
Dogecoin: Analyzing the impact of a 155% address surge on DOGE’s prices
MEXC lists XRPL meme coin PHNIX
Popcat's Price Decline and Market Share Loss in the Solana Meme Coin Market
The Future of Dogecoin: Utility, Transparency, and Regulatory Pressures
Rise of Meme Coins on the XRP Ledger: PHNIX Leads the Charge
And much more!
BTC, ETH, DOGE & SHIB Market Update 📈
Crypto is down this week, with BTC down by 1.3% and ETH down by 1.9%:
Bitcoin dominance has decreased over the week, starting from 55.2% to a high of 56.04% and ending at 54.8%. 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.
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.

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