See the live Solana price in EUR. Buy Solana or add it to your Crypto Strategy.

$BTCc: 64.6k (+1%), $ETH: 3105 (-9%), $SOL: 167 (+6%)

Retail left confused as ETH falls on first days of ETF

$SOL outperforms $ETH as metrics show ETH flip

Bitstamp & Kraken distribute Mt. Gox BTC

Macro markets sell off as NASDAQ has worst day in 2 years.

Polls display closer race between Trump & Kamala

Senator Lummis rumoured to push BTC strategic reserve bill

Will Russia legalise various crypto activities?

MEW takes off despite marketing controversy

Telegram reaches 950m users as growth in TON gaming continues.

Tedenski recap🚀

V pričakovanju volitev v ZDA in veliki verjetnosti za zmago podpornika bitcoina, se za risk-on naložbe (kriptovalute) pričakuje zelena jesen. ✅

NEWS in US

Pojavila so se ugibanja, da bo Trump na konferenci ta teden naznanil uvedbo strateških rezerv države v Bitcoinu ob njegovem predsedovanju. 

Optimizem v kripto svetu spodbujajo zapleti v demokratskem taboru. Biden je v nedeljo izstopil iz tekme za naslednji predsedniški stolček🤯. Pričakuje se da ga bo v kandidaturi zamenjala Kamala Harris, ki prav tako ni naklonjena Bitcoinu😥

STANJE NA TRGIH

• Fear& greed index se vse bolj nagiba na ponovni pohlep vlagateljev 64/100 točk 📈📈
• Prihajajoča Altcoin sezona (alti outperformajo Bitcoin🚀)

Prejšnji teden so spot BTC ETFs doživeli pritok v vrednosti $1,2 milijard💰💰 kar je dobra popotnica tudi za jutrišnje lansiranje ETH ETF skladov. ☝️

ETH SPOT ETFs

Blackrock in druščina so objavili podrobnosti o prihajajočih ETH ETF skladih. Večina bo v začetni fazi imela ničelno provizijo, med njimi pa ne bo ravno Blackrocka, ki bo že v začetku uvedel provizijo. 💸💸

Skrbi vzbujajo visoke provizije prihajajočega Grayscale sklada, kar se lahko ob prenizkem povpraševanju odrazi v obliki odlivov, kot pri Bitcoin ETF skladu v začetku leta 📉

ACTIONS🚨

Ob vseh vzpodbudnih novicah, predvsem upanju na uspešen začetek trgovanja z spot ETH skladi jutri (torek) se nadejamo visokih rasti znotraj Ethereum chain-a. V strategiji smo tako povečali utež $ETH in zmanjšali utež $BTC. Malenkostno smo povečali utež $SOL, ki je doživela ponovno obuditev in večjo aktivnost na svojem blockchainu.

--> Slika prikazuje, da se trg nahaja v Bitcoin sezoni, saj Bitcoin presega rezultate/donose altov💪. V preteklosti smo po Bitcoin sezoni vselej doživeli altcoin sezono, katero pričakujemo tudi v prihajajočem obdobju bika🤩

#ToTheMoonGents 🌔

Structure Change👀:

Given that institutional adoption is accelerating and many higher cap coins are performing better than bluechip low cap coins, we have decided to make some strategic changes in our structure. We are removing $SEI and $OSMO from the structure and replacing them with $SOL and $AVAX👌

Higher cap coins are also easier to trade with our algorithm, which was recently adjusted to align with the changes brought to the industry as more sophisticated investors started to enter the market🤔

As always, we will continue to monitor the market and adjust our strategy as needed!

We haven't been trading for a long time and we are happy with our buy and hold approach since our last rebalance.

Cryptomarkets really seem to turn very green and our $SOL position is already up more than 30%.

$BTC is going to test the resistancezone for a third time. That often is the breakout.

We just keep sitting on our hands and wait for the outperformance to kick in, before we rebalance.

Cryptomarket Overview

In the past week, the cryptocurrency market has seen significant developments, influencing both investor sentiment and market dynamics. Polkadot $DOT , a notable Ethereum rival, has accelerated its spending, utilising $87 million worth of DOT tokens in the first half of 2024, as detailed in a recent treasury report. This expenditure, focused on marketing, outreach, and software development, marks a more than 125% increase from the prior six months. Polkadot’s aggressive spending strategy aims to boost its ecosystem, but raises questions about the sustainability of its treasury, which stands at $245 million.

$ETH continues to dominate the Layer 1 blockchain sector, holding 62% of the $695 billion market cap for smart contracts and commanding 70% of Layer 1 revenue. Despite narratives suggesting a decline, Ethereum’s DeFi total value locked (TVL) has doubled in 2024, maintaining its top position. However, $SOL has made notable strides, particularly in economic activity and validator revenue, occasionally surpassing Ethereum in specific metrics. Analysts point out that Solana’s growth is largely driven by speculative assets like memecoins, raising concerns about the sustainability of this trend.

Ether’s options market has shown a bullish bias ahead of the anticipated mid-July ETF launch. Traders are positioning for ether strength, mirroring the trend seen with Bitcoin ETFs earlier this year. This optimism is tempered by the SEC’s ongoing scrutiny of Ethereum’s staking protocols, with recent lawsuits against Lido and Rocket Pool highlighting regulatory challenges.

Finally, the crypto market has seen a significant increase in liquidity, surging 50% in the first half of 2024 compared to the previous year. This growth, fueled by the approval of Bitcoin ETFs, underscores the increasing institutional adoption and evolving market landscape.