JUL 31 - AUG 6
Market Updates
- The global cryptocurrency market has reached a total market capitalization of CAD $1.55 Trillion.
- Bitcoin continues to lead the market with a dominance of 48.7%, followed by Ethereum at 19.0%.
Crypto News
- Why is Bitcoin price stuck? CoinTelegraph
- Bitcoin's 'hard money' status reinforced by US credit rating downgrade The Block
- What is Metcalfe’s Law, and why does it matter? Cointelegraph
- Bitcoin ETF Approval Odds Just Got Better: Bloomberg Analysts CoinDesk
- Miami Mayor Francis Suarez to Accept Presidential Campaign Donations in Bitcoin Cointelegraph
- Worldcoin CEO defends token launch after criticism over unfair distribution The Block
Market Moves
- Bitcoin is currently the top trading pair on NDAX, followed Shiba Inu, Ether, XRP, Compound and Dogecoin.
- Over the past 7 days, the value of Bitcoin (BTC) has decreased by 0.12% and is currently being traded at $38,745. Ethereum (ETH) is down 0.94% during the same period and is now being traded at $2,450.
Upcoming Events
- Aug 10 – July CPI reading
- Aug 11 – SEC response date for Ark 21Shares ETF
- Aug 25 – CME expiry
- Sept 1 – 1st SEC Deadline for BlackRock iShares ETF
- TBD – SEC Eth Futures Deadlines
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