Daily Crypto News 📣
👉 News:
— Digital asset investment products saw inflows for the first time in five weeks totalling $130m
— The Alexey Pertsev court verdict is today
— The House has passed a bill to overturn SEC guidance barring banks from owning crypto
👉 Project Updates:
— Coinbase experienced a system wide outage. Now resolved
— Tether plans to invest more in CityPay.io to boost Eastern European expansion
— Aethir announced Ambassador Program
— Holograph released ByStarter details & Aidrop checker
— LayerZero Labs CEO says up to 100,000 addresses have self-reported as airdrop sybils
— Arkham Intel announces partnership with Blast, to include support for the L2
👉This Week Token Unlocks:
ALI - $3.42M
RSS3 - $7.27M
DYDX - $5.42M
👉 On-Chain Moves:
— Whale 0xa39 just deposited 7M BAT ($1.59M) to Coinbase
— Wallet 0x888 (likely Multicoin Capital) just deposited 3M RNDR ($33.61M) to Coinbase
— Whale 0xf89 just deposited 7.798M RBN ($7.95M) to Coinbase
👉 Ongoing Raffles:
— CryptoRank x C4E Giveaway Campaign: $2500 USDT
— CryptoRank x Tanuki $500 USDT Giveaway
— CryptoRank x Primex Finance $500 Rewards Campaign
— Engines of Fury $1000 worth of $FURY Raffle
— Raffle of 1,500 USDT for the Artyfact Community
❗️ Missed LayerZero and Wormhole? Don't miss the next interoperability gem!
Hyperlane has raised $18.5M from Variant, Circle, CoinFund and others. Right now you can engage with the protocol to get a chance to be eligible for the airdrop!
To make it easier for you, we've made a detailed guide! Check it out:
👉 https://cryptorank.io/drophunting/hyperlane-activity119
Top 15 SocialFi Projects by 30D Active Users
Galxe and Layer 3 are leading SoFi dApps, which shows a priority of crypto community on drophunting. Also Layer 3 has slight drop of activity as the first airdrop season has ended.
👉 https://cryptorank.io/categories/social
📈Market Overview
Bitcoin trades below $62K. The top-10 cryptos are traded in green zone:
Toncoin +4.50%
BNB +1.26%
Ethereum +0.67%
Market capitalization: $2.37T (+0.67%)
The BTC dominance: 51.19% (+0.83%)
Fear & Greed Index: 57 (Greed)
👉 Top Gainers
crow with knife (CAW) +45.8%
Quantum Resistant Ledger (QRL) +24.2%
OctaSpace (OCTA) +27%
ZKFair (ZKF) +18.2%
MAGA (TRUMP) +17.4%
👉 Recent Funding Rounds
Arch Network $7M Seed round led by Multicoin Capital with participation from OKX Ventures and CMS Holdings
UXUY $7M Pre-Series A round with participation from Binance Labs, GBV Capital and CMS Holdings
BAC Games $1.5M Seed round with participation from Gate Ventures, Hash Global and Stratified Capital
Top 7 Token Unlocks of the Upcoming Week
The following tokens with the largest unlock amount will be unlocked next week:
Arbitrum - $92.35M
StarkNet - $77.27M
Sei - $62.90M
Uniswap - $58.89M
Immutable - $56.92M
LimeWire - $40.01M
Manta Network - $22.78M
👉 https://cryptorank.io/token-unlock
❗️Crypto Market Recap: April 2024
- April saw crypto prices plateau after a bullish March, allowing for market stabilization.
- BTC ETF outflows contributed to the market's stagnation, underscoring the ETF's impact.
- Despite recent crypto drops and booming of IDOs, excitement and profitability appear diminished compared to past bull market.
For more insights on April's crypto market performance, read our detailed recap:
👉 https://cryptorank.io/insights/reports/crypto-market-recap-april-2024
Base is Most Popular Layer 2 Blockchain in the last 30D
Base - 342K
Arbitrum - 328K
zkSync Era - 311K
Linea - 159K
Optimism - 133K
Scroll - 85K
Blast - 83K
👉 https://cryptorank.io/tags/layer-2
Crypto Daily News 📣
👉 News:
— DCG reports revenue growth amid crypto market bounceback
— Marathon Digital mined $176 million in bitcoin as profit jumped 184% in Q1
— Canadian financial regulator fines Binance 6 million CAD over money laundering violations
👉 Project Updates:
— Join CryptoRank x Hyperlane Base campaign on Galxe
— Franklin Templeton claims Coinbase-incubated Ethereum Layer 2 Base has ‘hit a homerun’ in SocialFi
— BlockFi to shut web platform this month, will let users access funds via Coinbase
— Eclipse CEO steps back amid harassment allegations
— GMX is deploying on Solana
— Notcoin TGE announced on May 16th
👉Token Unlocks:
CHEELEE - $202.56M
CGPT - $5.5M
SOIL - $5.25M
👉 On-Chain Moves:
— Fresh wallet 0xb84 just withdrew 6M ID ($4.52M) from OKX
— Two whales linked to Ethena Labs, 0x58f and 0x143, deposited 17.33M ENA ($15M) to Bybit
— The bankrupt crypto lender Genesis Trading deposited $36.45M worth of 34 crypto assets to Gemini
👉 Ongoing Raffles:
— CryptoRank x C4E Giveaway Campaign: $2500 USDT
— CryptoRank x Tanuki $500 USDT Giveaway
— CryptoRank x Primex Finance $500 Rewards Campaign
— Engines of Fury $1000 worth of $FURY Raffle
Missed Pendle? These Projects May Repeat Its Success
Pendle Finance has made a significant contribution to the DeFi landscape, outperforming some impressive projects that have been around for a long time. But what helped Pendle to make a perfect fit into the current airdrops narratives?
Read more in our Research
👉 https://cryptorank.io/insights/analytics/missed-pendle-these-projects-may-repeat-its-success
Top 10 Projects by 7D Fees
Lido - $18M
Uniswap - $15.3M
Fantasy.top - $9.6M
Raydium - $6.3M
Aave - $6.1M
PancakeSwap - $5.7M
Maker - $5.1M
Pump - $3.4M
Ethena - $3.1M
Friend.tech - $2.9M
👉https://cryptorank.io/performance
Crypto Daily News 📣
👉 News:
— VanEck's MarketVector launches $MEMECOIN index
— SEC argues $2 billion penalty against Ripple is needed, slams $10 million counterproposal
👉 Project Updates:
— Robinhood's Q1 crypto trading volume surged 224% as SEC action looms
— Injective, underperforming in crypto markets, now plans Layer-3 chain on Arbitrum
— BitMEX launches options trading, aims to capture significant market share from Deribit
— Optimism’s Superchain now supports Layer 3 chains via OP Stack
— zkSync ‘hyperchain’ Sophon raises $60 million via node sale
— Lyra migrated to LDX
👉Token Unlocks:
GMT - $22.54M
DAO - $12.62M
GAM3S - $3.75M
👉 On-Chain Moves:
— Whale 0x1df just further withdrew 6,030 ETH ($18.07M) from OKX
— Fresh wallet 0x2af just withdrew 8M GRT ($2.17M) from Binance
— Fresh wallet 0x4f0 just withdrew 357.34B PEPE ($2.91M) from Binance
👉 Ongoing Raffles:
— CryptoRank x C4E Giveaway Campaign: $2500 USDT
— CryptoRank x Tanuki $500 USDT Giveaway
— CryptoRank x Primex Finance $500 Rewards Campaign
🚨 BLOCKCHAINS WITH POTENTIAL AIRDROPS
Arbitrum, Optimism and StarkNet airdropped over $1k to each of hundreds of thousands of eligible users. Don't miss these projects!
We have compiled a list of 12 blockchains that will likely distribute airdrop this year!
Read more in our Thread
👉 https://twitter.com/CryptoRank_io/status/1788267234818719863
Top 10 Launchpads by Raised Amounts in April
Fjord Foundry $52.6M
Jupiter LFG $34M
Coinlist $7.13M
Seedify $3.31M
Spores Network $2.51M
Enjinstarter $2.47M
Kommunitas $2.46M
DAO Maker $2.02M
Gate.io Startup $1.9M
GameFi $1.53M
👉 https://cryptorank.io/fundraising-platforms
📈Market Overview
Bitcoin trades above $62K. The top-10 cryptos are traded in red zone:
Dogecoin -4.61%
Solana -4.60%
Toncoin -2.25%
Market capitalization: $2.41T (-1.80%)
The BTC dominance: 51.06% (+0.02%)
Fear & Greed Index: 68 (Greed)
👉 Top Gainers
catwifhat (CWIF) +35.5%
IPVERSE (IPV) +25.2%
Tellor (TRB) +17.9%
Wrapped NCG (WNCG) +15.9%
Masa (MASA) +12.5%
👉 Recent Funding Rounds
Lava Network $11M Funding round with participation from Animoca Brands, Sandeep Nailwal and Gate.io
Galaxis $10M Funding round with participation from Rarestone Capital, Chainlink and Taisu Ventures
Botanix Labs $8.5M Seed round with participation from Polychain Capital, Placeholder Ventures and ABCDE
LayerZero Usage Dropped 4 Times After Snapshot
After the first LayerZero snapshot was taken on May 1st, the number of daily messages dropped from over 300K to 75K by May 6th. The drastic drop shows that LayerZero was being used mostly by sybils and users who were engaging with the protocol just to get an airdrop.
👉 https://cryptorank.io/ico/layerzero
📈Market Overview
Bitcoin trades above $62K. The top-10 cryptos are traded in different directions:
Dogecoin +6.87%
Solana +3.36%
Toncoin -1.81%
Market capitalization: $2.38T (+0.68%)
The BTC dominance: 51.34% (+0.24%)
Fear & Greed Index: 66 (Greed)
👉 Top Gainers
Non-Playable Coin (NPC) +69%
MOG Coin (MOG) +30.2%
HarryPotterObamaSonic10Inu (BITCOIN) +29.9%
Popcat (POPCAT) +29.2%
ThunderCore (TT) +26%
👉 Recent Funding Rounds
ChainML $6.2M Extended Seed round led by Hack VC with participation from Hypersphere Ventures and HTX Ventures
UXLINK $5M Funding round led by HashKey Capital, SevenX Ventures and INCE Capital
Zest Protocol $3.5M Seed round led by Draper Associates with participation from Binance Labs and Flow Traders
Crypto Events This Week 🚀
Explore the most significant moments in the crypto world with CryptoRank!
🔹 May 13:
- BounceBit lisitng on Binance
- Claim is open for Holograph airdrop
- Deadline to join Initia Galxe campaign
🔹 May 14:
- TGE of ionet
- Last day to claim OAT from Aptos
- Last day to join Subsquid airdrop
🔹 May 15:
- Deadline to claim old karma on Coinlist
- US CPI
- End of ZkLink campaign from Binance Wallet
🔹 May 16:
- SEC will host Emerging Trends Conferenece
- End of Tea Chamomile testnet
- Coinbase will launch futures on JUP, TSNR, JTO
🔹 May 17:
- Starknet propulsion program
- Last day to join Owlto Galxe campaign
🔹 May 18:
- Last day to join Redstone Oracles Galxe campaign
- Last day to fill anti sybil form by LayerZero
🔹 May 19:
- Deadline to claim zkLink points for early supporters
- Last day to join Mystiko Galxe campaign
Don't miss out on the daily activities in our Community Chat
👉 /channel/CryptoRankEn
Weekly Crypto News 📣
👉 News:
— IBIT and FBTC ETFs hit $10 Billion AUM in weeks, smashing previous record of three years
— ARK Invest and 21 Shares cut staking component from latest spot Ethereum ETF filing
— Kraken makes another push to dismiss SEC lawsuit ahead of June hearing
👉 Project Updates:
— Join CryptoRank x Hyperlane Base campaign on Galxe
— Runes protocol sees significant decline in activity
— Layer 3 Degen Chain hasn’t produced a block in 11 hours
— Celo passes proposal to use OP stack for its new L2
— Jupiter Exchange kicks off next round of LFG
— Linea Build suspending LXP due to sybils
👉This Week Token Unlocks:
ARB - $92.35M
STRK - $77.27M
SEI - $62.90M
👉 On-Chain Moves:
— 2 wallets that have been dormant for nealy 10.7 years transferred all 1,000 BTC($60.9M) out
— Early holder 0x2ce just deposited 4,153 ETH ($12.17M) to Coinbase
— Multisign 0x19e (likely Immutable X) just deposited 972,417 IMX ($2.22M) to Coinbase
👉 Ongoing Raffles:
— CryptoRank x C4E Giveaway Campaign: $2500 USDT
— CryptoRank x Tanuki $500 USDT Giveaway
— CryptoRank x Primex Finance $500 Rewards Campaign
— Engines of Fury $1000 worth of $FURY Raffle
— Raffle of 1,500 USDT for the Artyfact Community
📈Market Overview
Bitcoin trades above $61K. The top-10 cryptos are traded in different directions:
Toncoin +1.78%
BNB +0.94%
Dogecoin -2.20%
Market capitalization: $2.38T (+0.27%)
The BTC dominance: 50.90% (+0.34%)
Fear & Greed Index: 56 (Neutral)
👉 Top Gainers
Solcasino Token (SCS) +33.9%
crow with knife (CAW) +28.3%
Quantum Resistant Ledger (QRL) +26.9%
Doland Tremp (TREMP) +22.4%
CrossFi (XFI) +20.3%
👉 Recent Funding Rounds
Arch Network $7M Seed round led by Multicoin Capital with participation from OKX Ventures and CMS Holdings
UXUY $7M Pre-Series A round with participation from Binance Labs, GBV Capital and CMS Holdings
Arcium $5.5M Strategic round led by Greenfield Capital with participation from Coinbase Ventures and Everstake.
📈Market Overview
Bitcoin trades below $61K. The top-10 cryptos are traded in red zone:
Solana -6.50%
Dogecoin -5.07%
Cardano -4.63%
Market capitalization: $2.35T (-3.65%)
The BTC dominance: 50.76% (-0.01%)
Fear & Greed Index: 53 (Neutral)
👉 Top Gainers
Angola (AGLA) +115.5%
catwifhat ($CWIF) +35.3%
TARS Protocol (TAI) +36.2%
BENQI (QI) +22.9%
Manchester City Fan Token (CITY) +12.9%
👉 Recent Funding Rounds
Arch Network $7M Seed round led by Multicoin Capital with participation from OKX Ventures and CMS Holdings
UXUY $7M Pre-Series A round with participation from Binance Labs, GBV Capital and CMS Holdings
Arcium $5.5M Strategic round led by Greenfield Capital with participation from Coinbase Ventures and Everstake.
Top 15 GameFi Projects by 30D Active Users
motoDEX leads with 2.5 million active users in the past 30D, followed by Pixels, PlayEmber and Sweat Economy.
👉 https://cryptorank.io/categories/gamefi
Engines of Fury Token Sale on Major Launchpads
Engines of Fury holds IDO on several launchpads, including:
🔹 ChainGPT Pad: May 13, raise $250K
🔹 Gate.io Startup: May 13—15; raise $20K
🔹 Ape Terminal: May 7—15; raise $150K
🔹 SidusPad: TBA; raise $150K
👉 https://cryptorank.io/ico/engines-of-fury
📈Market Overview
Bitcoin trades above $63K. The top-10 cryptos are traded in green zone:
Toncoin +13.6%
Solana +7.77%
Dogecoin +3.87%
Market capitalization: $2.45TT (+2.69%)
The BTC dominance: 50.80% (+0.27%)
Fear & Greed Index: 66 (Greed)
👉 Top Gainers
Vertex Protocol (VRTX) +55.8%
Serum (SRM) +41.3%
GMX (GMX) +34.4%
Juice (JUICE) +33.6%
Popcat (POPCAT) +29.3%
👉 Recent Funding Rounds
UXUY $13.2M Pre-Series A round with participation from Binance Labs, GBV Capital and CMS Holdings
Zeal $2M Strategic round with participation from Gnosis
Telos $1M Strategic round with participation from Presto Labs
🚀 Engines of Fury Raffle on CryptoRank Is Live
Seize the opportunity to win a share of $1000 USDT by joining Engines of Fury raffle on CryptoRank! 🚀
❗️ The raffle is live and ends on May 23. Act quickly to participate and make sure to thoroughly review the rules!
Participate on the RAFFLE page!
👉 https://cryptorank.io/earn/quests/fury-raffle
Top 6 IDO Launchpads by Average ROI in April
WeWay +705%
Ape Terminal +682%
Impossible Finance +608%
Decubate +510%
Polkastarter +475%
ChainGPT Pad +227%
👉 https://cryptorank.io/ido-platforms-roi
📈Market Overview
Bitcoin trades above $62K. The top-10 cryptos are traded in different directions:
Toncoin +7.32%
BNB +3.17%
XRP +0.20%
Market capitalization: $2.39TT (-0.64%)
The BTC dominance: 50.67% (-0.76%)
Fear & Greed Index: 55 (Greed)
👉 Top Gainers
Doland Tremp (TREMP) +158.7%
Angola (AGLA) +123.1%
Celsius (CEL) +69%
TARS Protocol (TAI) +42.2%
Frontier (FRONT) +40.4%
👉 Recent Funding Rounds
Lagrange Labs $13.2M Seed round led by Founders Fund with participation from CMT Digital and 1kx
Owlto Finance $8M Strategic round led by Bixin Ventures and CE Innovation Capital with participation from GSR
NuLink $1.6M Strategic round led by DWF Labs, Poolz Ventures and ViaBTC Capital
🚀 Primex Finance Raffle on CryptoRank Is Live
Seize the opportunity to with a share of $500 USDT by joining Primex Finance raffle on CryptoRank! 10 winners will get $50 USDT each 🚀
❗️ The raffle is live and ends on May 22. Act quickly to participate and make sure to thoroughly review the rules!
Participate on the RAFFLE page!
👉 https://cryptorank.io/earn/quests/primex-raffle
Crypto News 📣
👉 News:
— U.S. Financial Industry to explore sharing ledger technology for multiasset transactions
— Nearly all FTX creditors will get 118% of their funds back in cash
— Wintermute to provide liquidity for Hong Kong Bitcoin and Ether ETFs
— Proposal for Grayscale’s Ethereum Futures Trust ETF has been withdrawn
👉 Project Updates:
— Bybit to integrate Ethena Labs’ USDe as a collateral asset, and in bitcoin and ether spot trading pairs
— Hyperliquidx L1 is transitioning to HyperBFT
— Blast introduces Blast Jackpot
— Mode announces Season 2 and S1 details
👉Token Unlocks:
HYPC - $23.37M
ENS - $20.51M
LENDS - $1.37M
👉 On-Chain Moves:
— Ethereum Foundation just transferred 1,000 ETH ($3M) to middle multisign 0xbc9
— Whale 0xf0e (likely Machibigbrother) just swapped 157 ETH ($477K) to 189,435 FRIEND at $2.515 on average:
— Fresh wallet 0xc2f just withdrew 632,810 LINK ($9.02M) from Kraken
👉 Ongoing Raffles:
— CryptoRank x C4E Giveaway Campaign: $2500 USDT
— CryptoRank x Tanuki $500 USDT Giveaway
Top 15 Chains by FDV to TVL Ratio
The lower FDV to TVL ratio, the more undervalued a project.
Fusion - 0.13
Merlin - 0.94
Mode - 1.20
Tron - 1.22
Acala - 1.23
Mixin - 1.28
MAP Protocol - 1.51
Arbitrum - 2.14
Kava - 2.41
Gnosis - 2.45
Ethereum - 2.80
MultiversX - 2.90
Thorchain - 3.16
Osmosis - 3.73
Metis - 4.76
👉 https://cryptorank.io/categories/chain
Daily Crypto News 📣
👉 News:
— Robinhood shares fall after its crypto arm gets Wells Notice from SEC
— Revolut launches standalone crypto trading platform for UK retail customers
— SEC delays making a decision on the proposed Invesco Galaxy spot Ethereum ETF
— Bitcoin miner Marathon’s market cap rises $800 million as stock jumps 18%
👉 Project Updates:
— MetaMask rolls out 'smart transactions' to combat Ethereum front-running
— Arbitrum surpasses $150 billion in total transaction volume on Uniswap
— OP Stack-based Mode to begin initial distribution of 550 million tokens today
— LayerZero Labs CEO confirms employees are forbidden from claiming upcoming airdrop
👉 Token Unlocks:
ATA - $8.46M
HFT - $5.11M
WIFI- $2.87M
👉 On-Chain Moves:
— Whale bought 798,157 FRIEND for 661.09 ETH ($2.03M), bringing the whale's FRIEND holding to 2.34M FRIEND ($5.7M)
— Whale 0xaad just deposited 1.543M RBN ($1.88M) to Coinbase and Gate.io. Notably, the whale received those RBN tokens from Wintermute Trading.
— Wallet 0x9db (likely Multicoin Capital) just deposited 423,263 GAL ($1.58M) to Coinbase
👉 Ongoing Raffles:
— Celebrate Massa's CEX listings: $500 worth of $MAS
— CryptoRank x C4E Giveaway Campaign: $2500 USDT