July 2024 Community Highlights

Hey Notifs fam,

July Recap: Market’s Strong Recovery 

Following the pullback from last month, the market is coming back strong. With Germany done with selling, BTC pricing edging towards $70 again and with Spot Ethereum ETF approval, are we poised for the bulls to come back again? Let’s take a look at what happened in July to get you up to speed.  

📈 Bitcoin has surged past $68,000 to a 16-month high amid signs of easing inflation, despite a proposed 200K BTC U.S. election pledge and miners' "identity crisis" around AI and acquisitions.

📊Ethereum activity has seen a strong surge, even as the Grayscale Ethereum Trust ETF experiences a historic net outflow of $1.5 billion.

🔥Ethereum ETFs have launched to over $1 billion in trading volume on their first day, setting high expectations for the market.

🚨The CrowdStrike outage, unlikely caused by a hack, has prompted the creation of related meme tokens on Solana and Ethereum amid a global internet disruption.

🇺🇸 Former President Trump has pledged to create a national Bitcoin stockpile, fire the SEC Chair, halt government Bitcoin sales, and make the U.S. the crypto capital of the world if re-elected, causing volatility in Bitcoin prices.

Spot ETH ETF Tracking Now Live

We're excited to announce that we will be releasing our latest app version: Spot ETH ETF funds tracking alongside our Spot BTC ETF funds. As the market begins to heat up with a series of optimistic narratives, here at Notifs we’re continuing to upgrade our offerings to give you the most relevant tracking experience. Happy tracking!

Best,
Notifs Team