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Weekly Recap 🔻🔻 1) 🇺🇸 President Trump officially signs executive order opening the $12.5 trillion 401(k) retirement market to crypto investments. 2) SEC and Ripple $XRP officially end legal battle following joint dismissal of appeals. 3) President Trump officially signs executive order to stop banking discrimination against crypto, religion, and politics. 4) Canada loses 40,800 jobs in July, largest monthly decline since the COVID pandemic. 5) Harvard buys $116,666,260 worth of BlackRock's spot Bitcoin ETF. 6) Crypto Czar David Sacks says the executive orders President Trump signed this week will give 90 million Americans access to crypto. 7) 82% of S&P 500 companies beat quarterly earnings estimates, despite President Trump's tariffs. 8) SEC declares crypto liquid staking activities are not considered securities. 9) Dubai officially approves first crypto options license. 10) $ETH surpasses $4,300 for the first time since 2021. #ETH4500Next? #BinanceAlphaAlert #CryptoIn401k #USFedNewChair
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Ord City Sells Meme Beanie for Almost $800,000 A piece of crypto culture changed hands this week when the original Dogwifhat beanie sold for 6.8 BTC. Solana builder Finn, founder of BAGS, bought it with a mix of personal funds and token sale proceeds. The pink knit cap was first seen in a 2018 picture of a Shiba Inu called Achi, which later became the face of the memecoin.
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Long term HODL of alts is almost guaranteed losses because new projects with strong catalysts appear every week. Institutions and retail are actively looking for fresh ideas and the market rewards speed not patience. Active trading and the right selection - that’s what leads to success in this #altsesaon
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The Altseason Index has turned upward for the first time in months and has risen to 37, approaching the level of 75 This means that more and more alts are growing faster than $BTC In previous cycles, a jump in the index from 40 to 75 triggered 2-4 month alt rallies. #ETHBreaks4000 #CryptoIn401k #USFedNewChair
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After a local peak $BTC has once again entered a phase of increased volatility. $BTC dominance has dropped by 5% in three weeks - this is a classic signal of liquidity flowing into altcoins. In past cycles it was precisely after this that the market moved into parabolic growth. #ETHBreaks4000 #CryptoIn401k #USFedNewChair $BTC
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