TL;DR

Markets:

• BTC is down & ETH is down

• BTC over-performed ETH this week 

• Bitcoin dominance is up

• DOGE is down & SHIB is down

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

Airdrops:

• $WETH

• $NAORIS

• $MIND

• $CGPT

News:

• Trump Media Launches Bitcoin ETF Under Truth.Fi

• MicroStrategy Halts Bitcoin Purchases

• Monochrome Brings BTC & ETH ETFs to Singapore

• Franklin Templeton Plans BTC & ETH ETF Expansion

• Berachain Mainnet Launches With Proof of Liquidity

• Zerebro Becomes First AI Validator on Story Mainnet

• SEC Reduces Crypto Enforcement, Reassigns Lawyers

• FTX Bahamas Creditors to Receive Repayments Feb. 18

Memecoins:

• DOGE is down

• SHIB is down

• TRUMP Coin Surges 4.27%, Still Far From January Highs

• Solana App Revenues Surge 213% in Q4

• UAE Ministry Teams Up With Shiba Inu for Web3 Innovation

• Neptune Digital Assets Buys 1 Million Dogecoin

• Ulbricht-Tied Wallets Lose $12M in Memecoin Error

• Trump Accused of Soliciting Gifts with Memecoin

And much more!

BTC, ETH, DOGE & SHIB Market Update 📈

Crypto is down this week, with BTC up by 6.1% and ETH down by 21.6%:

Bitcoin dominance has increased over the week, starting from 55.5% to a high of 59.61% and ending at 59.0%. 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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