Monday July 8, 2024

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Your Weekly Update On All Things Crypto

TL;DR

MACRO NEWS

Donald Trump Claims BTC Could Be A Strategic Reserve Asset For The US...


According to a report by Forbes, former President Donald Trump recently voiced strong support for Bitcoin (BTC), sparking discussions on categorizing the cryptocurrency as a strategic reserve asset.


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Bitcoin Tries To Recover After Crashing To $55K...



The cryptocurrency markets are undergoing a recovery after a tumultuous period where prices dropped to levels not seen since February. 


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$20 Million Cloudbreak Fund Announced By DWF Labs...



DWF Labs, a market maker and Web3 investment firm, has introduced the $20 million Cloudbreak Fund to bolster projects and founders within Chinese-speaking regions.


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Joana Cotar Calls Out German Parliament For Selling Bitcoin...



Joana Cotar, a member of the German Federal Parliament, has voiced strong criticism against the local government recently deciding to liquidate Bitcoin holdings.


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Grayscale Solana Trust Trading At A Massive 650% Premium...




Solana (SOL) currently shows a negative trend, but remains one of the top performers in the crypto space.


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PancakeSwap Will Distribute Nearly 2.5M ZK Tokens To Thank Their Community...




PancakeSwap ($CAKE) plans to redirect unclaimed ZK tokens back into its ecosystem for future development and community initiatives. 



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FUNDRAISING ANNOUNCEMENTS

Crypto Fundraising June 25 - July 1...



It has been an incredible week for companies around the globe in terms of securing funding to fuel their growth and innovation. Here are some of the latest investment highlights between June 25 - July 1.

  

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CONTENT OF THE WEEK

Crypto News: BTC Price Prediction, ETH ETFs, Consensys, SOL, KAS & MORE!

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What Happens When Bitcoin Goes BELOW $50K! [BAD NEWS]

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How an approval of spot ether ETFs could impact crypto prices: CNBC Crypto World

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We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.