📢Macro
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#NASDAQ is up 1% at 17.7k, and Gold has reached a new all-time high at 2605.
⚫️This has been the best week for stocks in 2024.
⚫️Anticipation of Federal Reserve cuts is pushing gold prices even higher.
⚫️Economic data from China continues to fall short of expectations.
⚫️Brazil has lifted its ban on X after a fine was paid.
⚫️60% of children's food in the US does not meet World Health Organization guidelines.
💰 Crypto
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#Bitcoin is up 4% to 59.8k, Ethereum has increased by 3% to 2415, and Solana has risen 3% to 137.
⚫️The leading gainers currently are TIA, TAO, FLR, TKX, ICP, and PEPE.
⚫️Bitcoin ETFs have seen a $263 million inflow, while Ethereum ETFs have a smaller $2 million inflow.
⚫️Bitcoin has just surpassed $60k and is now facing resistance at the 21-week Exponential Moving Average.
⚫️MicroStrategy continues its Bitcoin buying spree with an additional $1.1 billion purchase.
⚫️Bitcoin's hashrate, a measure of network strength, has reached a new all-time high.
⚫️A core Ethereum researcher has decided to step down after seven years.
⚫️Sam Bankman-Fried, founder of FTX, is appealing his conviction.
⚫️The SEC now regrets labeling some cryptocurrencies as securities.
⚫️cbBTC, a wrapped Bitcoin product, has achieved $100 million in total value locked.
⚫️Decentralized Finance (DeFi) remains the only altcoin category to show monthly gains.
🌟 Web3 & NFT
⚫️Currently trending coins include
#CATE , POPCAT, MOTHER, SNOL, and MICHI.
⚫️Notable NFTs are Pudgies, Dead y00ts, and Claynosauz.
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#POPCAT has emerged as the biggest gainer among the top 100 coins.
⚫️CATE has surged by 80%, reaching a new all-time high market cap of $40 million.
⚫️Claynosaurz is gearing up to launch its associated game, exciting its community and potential players.