Monday, May 20, 2024

NDAX Market Report, Key Notes & Crypto Overview

MAY 13 - MAY 19

Market Updates

  • The global cryptocurrency market has reached a total market capitalization of CAD $3.3 Trillion.  
  • Bitcoin continues to lead the market with a dominance of 54.5%, followed by Ethereum at 15.4%. 

Crypto News

  • Morgan Stanley Latest Bank to Disclose Spot Bitcoin ETF Holdings for Clients Coindesk 
  • Large Institutions Betting Big on Bitcoin ETFs Revealed in SEC Filings Unchained
  • SHIB to Get More Scarce as Key Exchange Expands to Shibarium Coindesk
  • Vanguard's New CEO Is Big on Bitcoin—Will the Wall Street Giant Embrace BTC ETFs? Decrypt

Market Moves

  • BTC ended the week up double digits, with a weekly price volatility of almost 10%. BTC is now trading somewhere between the CA$89K and $91K levels, around 5% from its most recent ATH 2 months ago.

Upcoming Events

  • May 22nd – Bitcoin Pizza Day!
  • May – SEC Decision on BlackRock's Ether Spot ETF Decision

No comments:

Post a Comment