MARKET UPDATE WEEK 2/7
» Selling pressure from Mt. Gox (more than 142K $BTC BTC and 143K BCH) finally hit the market after 10 years.
» Genesis suddenly continued the series of selling BTC with a total holding of $2B worth of Bitcoin.
» The SEC continues its efforts to weaken the industry:
- Uniswap received a Well Notice for violating US securities laws.
- Tokens of Lido and Rocket Pool are labeled as securities.
- Charges Consensys with MetaMask's brokerage and staking services, engaging in "unregistered securities sales" and "acting as an unregistered broker." Anyway, let's review the major positive events in the market:
» Bitcoin = Bitcoin halving + Bitcoin ETF
» Ethereum = Ethereum Spot ETF + ETH Pectra Upgrade
» Solana = ETF Solana Spot + SOL Firedancer Upgrade
» The German government sold out $3.5B worth of Bitcoin in just 1 month, Bitcoin price did not fluctuate too much
» Inflation seems to have started to decrease [1] IS IT TIME FOR ETH TO BACK [2] NOTABLE LISTING PROJECT PERFORMANCE Q2/2024
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