đ **Crypto Weekly Summary: Bitcoin Rally, Ethereumâs Futures Surge, TONâs $30M Ecosystem Expansion** đ
**Bitcoin News & Macro:**
- The Federal Reserveâs 50 basis point rate cut has investors flocking to Bitcoin as a safe haven.
- MicroStrategy raised $1.01 billion to buy more BTC, showing strong institutional confidence.
- Coinbaseâs cbBTC quickly became the third-largest wrapped Bitcoin product.
- Dormant Bitcoin miner wallets moved, sparking speculation about Satoshi Nakamoto.
**BTC Price Analysis:**
- Bitcoin broke past the $62K resistance, rallying above $64K.
- Strong support at $60K-$61K, with buyers aggressively stepping in.
**Ethereum News & Macro:**
- Ethereum surged 11%, hitting a 20-month high in futures open interest.
- DApp activity dropped 19%, raising questions about long-term value.
- Institutions continue to bet on Ethereum, with a high-profile investor flipping $151M into $214M.
**ETH Price Analysis:**
- ETH broke out from $2,250, climbing past $2,500.
- Resistance at $2,675; if flipped, $3,000 could be next.
**Toncoin News & Macro:**
- TON partnered with Curve Finance for stablecoin swaps.
- Bitget and Foresight Ventures injected $30M into the TON ecosystem.
- RedStone launched its first oracle price feeds on TON.
- BNB Chain integrated into Telegram, boosting TONâs utility.
**TON Price Analysis:**
- TON is consolidating between $5.55 and $5.80.
- A breakout above $5.80 could lead to $6.00+.
đŹ What are your thoughts on these developments? Share in the comments! đŹ
