Weekly Crypto News 📣
👉 News:
— Biden vetoes bill overturning SAB 121, says standard ‘necessary’ for crypto innovation
— FTX offloads remaining Anthropic shares as bankruptcy cost surpasses $700 million
👉 Project Updates:
— Join HyperLane Blast bridging campaign by CryptoRank
— Matter Labs drops ‘ZK’ trademark applications following backlash from leading projects
— GameStop related memecoins surge after Roaring Kitty disclosed he's holding $181M GME shares
— Decentralized exchange Velocore addresses $7M hack in postmortem, offers bounty to hacker
— Uniswap Foundation delays vote for token staking and delegation rewards, UNI falls 8.7%
— Aark announced IDO on ApeTerminal
👉This Week Token Unlocks:
MEME - $102.54M
SUI - $86.54M
NEAR - $69.06M
👉 On-Chain Moves:
— Wallet linked to Ethereum ICO participant deposited 8518 ETH ($32.5M) to Kraken
— Whale 0x347 just withdrew 7,000 ETH ($26.7M) from Binance
— Wallet 0xd4c (linked to BRETT early buyers/insiders) just deposited 12.89M BRETT ($1.59M) to Bybit
👉 Ongoing Raffles:
— Win $500 USDT with Galaxy Fight Club
— Arena Games: Airdrop Expedition
🔓 Top 7 Token Unlocks of the Upcoming Week
The following tokens with the largest unlock amount will be unlocked next week:
Memecoin - $102.54M
Sui - $86.54M
Near Protocol - $69.06M
Ethereum Name Service - $38.14M
Sleepless AI - $12.44M
Zeus Network - $10.82M
Neutron - $8.88M
👉 https://cryptorank.io/token-unlock
Top Gainers in May 2024 🔥
Discover the best performing projects of the month.
👉https://cryptorank.io/performance
📈Market Overview
Bitcoin trades below $68K. The top-10 cryptos are traded in different directions:
Ethereum +1.11%
Solana +0.58%
Bitcoin -1.08%
Market capitalization: $2.66T (-0.17%)
The BTC dominance: 50.18% (-0.86%)
Fear & Greed Index: 72 (Greed)
👉 Top Gainers
Undeads Games (UDS) +109%
Minativerse (MNTC) +75.1%
Turbo (TURBO) +25.5%
My Neighbor Alice (ALICE) +28.4%
Carbon (CSIX) +24.7%
👉 Recent Funding Rounds
Bitdeer $150M Strategic round with participation from Tether
Mint Chain $5M Seed round with participation from Mask Network and SNZ Holding
TRALA $5M Strategic round with participation from Animoca Brands and Matter Labs
Top 10 Upcoming Token Unlocks in June 2024 🔓
The following token unlocks with the highest value will happen in June:
ARB $105.21M
APT $103.03M
UNI $87.93M
STRK $75.67M
dYdX $66.30M
SEI $63.81M
ID $55.82M
IMX $54.96M
MERL $42.21M
ENS $36.65M
👉https://cryptorank.io/token-unlock
Daily Crypto News 📣
👉 News:
— SEC told spot Ethereum ETF issuers to get first round of draft S-1 forms in by Friday
👉 Project Updates:
— Join HyperLane Blast bridging campaign by CryptoRank
— CryptoRank will distribute 90% of its dapp ZRO airddrop to community
— Paradigm leads $70M raise for Bitcoin staking protocol Babylon
— LayerZero adds Solana to its cross-chain bridge network
— Polyhedra opts for ‘ZKJ’ ticker across exchanges amid clash with zkSync
— Aptos Integrates Chainlink's CCIP and Data Feeds to boost dApp development
— Pudgy Penguins to release mobile game in 2025
— Proposal to cap EOS supply at 2.1 billion approved
— EarnOS launches, powered by XION's chain abstraction
👉 Token Unlocks:
INTX - $6.4M
MEME - $1.45M
ORNJ - $1.42M
👉 On-Chain Moves:
— Ethereum ICO participant withdrew 1989 ETH ($7.42M) from Kraken
— DWF Labs just deposited 50M JASMY ($1.57M) to Binance
— GSR Markets just deposited 11.567M STG ($8.33M) to Binance at $0.72
👉 Ongoing Raffles:
— Win $500 USDT with Galaxy Fight Club
— Arena Games: Airdrop Expedition
CryptoRank Submitted Application for LayerZero RFP
We are excited to announce that CryptoRank has submitted an application for the LayerZero RFP. As a token of our appreciation, we will be giving away 90% of our airdrop to our community!🔥
🔹 40% to users who used our ONFT Mint
🔹 30% to users who used our Gas Refuel Solution
🔹 10% to users who completed the campaign on the CryptoRank Earn
🔹 10% to users who completed the campaigns on Galxe
For more details, visit: https://commonwealth.im/layerzero/discussion/22746-cryptorank-rfp
Top 15 Blockchains by Number of Unique Addresses
BNB Chain - 452M
Polygon - 430M
Ethereum - 271M
Tron - 261M
Fantom - 177M
Optimism - 143M
Base - 74.3M
Avalanche - 50.8M
Arbitrum - 50.8M
TON - 27.2M
Near - 20.7M
Moonbeam - 20.3M
Aptos - 17.9M
Sui - 14.8M
Celo - 13.8M
👉 https://cryptorank.io/blockchains
Daily Crypto News 📣
👉 News:
— BlackRock amends Ethereum ETF application; Bloomberg’s Balchunas sees ETF going live by end of June
— Gemini Earn users will get back $2.18 billion of their crypto in-kind
— The New York Stock Exchange announces collaboration with Coindesk Indices to launch financial products tracking spot Bitcoin prices
— NYSE would consider crypto trading if regulatory picture were clearer
👉 Project Updates:
— Join HyperLane Blast bridging campaign by CryptoRank
— Galxe to release alpha mainnet of Layer 1 blockchain in June using Arbitrum Nitro
— Ether options trading volume on CME hits new peak in May
— PayPal USD to go live on Solana blockchain
👉 Token Unlocks:
ILV - $3.24M
INFRA - $2.07M
CELO - $1.42M
👉 On-Chain Moves:
— Top holder 0xadf deposited all 129,999 AUCTION ($3.32M) to Binance
— BRETT Early Buyer started taking profit from BRETT at new ATH, he deposited 23.45M $BRETT ($2.12M) to Gate.io
— Wallet 0x46c (linked to Render Network) just deposited 200,000 RNDR ($2.11M) to Binance
👉 Ongoing Raffles:
— Win $500 USDT with Galaxy Fight Club
— Arena Games: Airdrop Expedition
Don't Miss These Early Stage DePin Projects
The Decentralised Physical Infrastructure Networks (DePIN) is gaining momentum and becoming one of the hottest narratives of 2024 to keep an eye on. It is not late to delve into DePin!
👉 https://cryptorank.io/insights/analytics/dont-miss-these-early-stage-depin-projects
Daiy Crypto News 📣
👉 News:
— A US court ordered the SEC to pay $1.8M for exceeding its authority
— Bitcoin spot ETFs had a total net inflow of $45.1432 million on May 28, continuing net inflows for 11 consecutive days
— ZKasino claimed that users could bridge back their ETH at a 1:1 in ratio in 72-hour window — from 28 May to 31 May
— Ripple donates additional $25 million to pro-crypto political committee Fairshake
👉 Project Updates:
— The Stargate DAO community voted in favour of a proposal to distribute LayerZero tokens to STG stakers and Aptos Bridge users
— Starknet has revealed details about applicative recursion aka SNAR
— Aperture Finance aperturefinance/aperture-finance-aptr-fca15735d698">unveiled details of TGE and Airdrop
👉 Token Unlocks:
PORTAL - $26.62M 18.2%
NAVI - $2.4M 10.9%
SQD - $940.3K 4.29%
👉 On-Chain Moves:
— Metalpha withdrew 50K ETH ($192M) ETH from Binance
— Whale 0x4fa just withdrew 4.1K ETH ($15.83M) from Binance
— Whale 0xD21 just withdrew 67B PEPE ($1.02M ) from OKX
👉 Ongoing Raffles:
— Win $500 USDT with Galaxy Fight Club
— Arena Games: Airdrop Expedition
📈Market Overview
Bitcoin trades below $68K. The top-10 cryptos are traded in different directions:
Solana +2.14%
Toncoin +1.91%
Dogecoin +1.27%
Market capitalization: $2.70T (+0.76%)
The BTC dominance: 49.76% (-0.17%)
Fear & Greed Index: 72 (Greed)
👉 Top Gainers
Oxygen (OXY) +344.6%
Super Trump (STRUMP) +140.8%
Shentu (CTK) +115.5%
Lifeform (LFT) +77.7%
ALEX Lab (ALEX) +44.7%
👉 Recent Funding Rounds
GaiaNet $10M Seed round with participation from Mirana Ventures, Mantle and ByteTrade Lab
Switchboard $7.5M Strategic round led by Tribe Capital, RockawayX with participation from Ascensive Assets
OpenSocial $5M Seed round led SNZ Holding and Portal Ventures with participation from Animoca Brands
Daiy Crypto News 📣
👉 News:
— Mt.Gox moves $7B worth Bitcoin as part of repayment plans
— One-third of U.S. voters say they'll weigh candidates' crypto views before voting
— George Soros updated his stock portfolio, declared holding MicroStrategy stock worth $135M
— OKX withdraws its application for Hong Kong licence
👉 Project Updates:
— Pectra, the next upgrade for Ethereum, planned for the end of the first quarter of 2025
— Taiko launched mainnet
— Uniswap reveals assets ahead of fee mechanism vote
— Aark announced Aark's Classic Trading Competition with $500K in prizes
👉 Token Unlocks:
VT - $12.63M 101%
EDU - $9.19M 3.74%
FET - $12.16M 0.21%
👉 On-Chain Moves:
— Pepe team just sold 21,49B PEPE ($355K) on Binance and Uniswap
— Whale 0xf26 just withdrew 4,150 ETH ($15.9M) from Binance
— DWF Labs just deposited another 5M TOKEN ($772K) to Gate.io
👉 Ongoing Raffles:
— Win $500 USDT with Galaxy Fight Club
— Arena Games: Airdrop Expedition
M&A: New Trend in Crypto Fundraising
Recently, we’ve witnessed significant changes in the crypto market, with lots of new trends and narratives emerging. Many of them have been covered in our previous articles, but one remains unexplored and could soon impact all others.
In this article, we dig deeper into the topic of Mergers and Acquisitions (M&A) and examine the role M&A transactions play in shaping the cryptocurrency market.
👉 https://cryptorank.io/insights/analytics/m-and-a-new-trend-in-crypto-fundraising
📈Market Overview
Bitcoin trades around $69K. The top-10 cryptos are traded in green zone:
BNB +4.39%
Toncoin +4.10%
Bitcoin +1.99%
Market capitalization: $2.70T (+1.18%)
The BTC dominance: 50.37% (+0.6%)
Fear & Greed Index: 73 (Greed)
👉 Top Gainers
GameStop (GME) +239%
My Neighbor Alice (ALICE) +52.8%
Nyan Heroes (NYAN) +52.5%
ZeroLend (ZERO) +40.4%
APX Finance (APX) +39.6%
👉 Recent Funding Rounds
Bitdeer $150M Strategic round with participation from Tether
Mint Chain $5M Seed round with participation from Mask Network and SNZ Holding
TRALA $5M Strategic round with participation from Animoca Brands and Matter Labs
📈Market Overview
Bitcoin trades below $68K. The top-10 cryptos are traded in different directions:
BNB +0.96%
Ethereum +0.61%
Solana -0.99%
Market capitalization: $2.66T (+0.24%)
The BTC dominance: 50.14% (-0.13%)
Fear & Greed Index: 73 (Greed)
👉 Top Gainers
Super Trump (STRUMP) +60.3%
Notcoin (NOT) +58.4%
SIX (SIX) +42.8%
Apu Apustaja (APU) +41.3%
Silly Dragon (SILLY) +36.9%
👉 Recent Funding Rounds
Bitdeer $150M Strategic round with participation from Tether
Mint Chain $5M Seed round with participation from Mask Network and SNZ Holding
TRALA $5M Strategic round with participation from Animoca Brands and Matter Labs
⚡️ Bitcoin Sees 11% Price Increase in May
Bitcoin closed May 2024 with a price increase of +11.1%, while the average monthly return for May is +20%.
You can see monthly and quarterly returns on CryptoRank.io.
👉https://cryptorank.io/price/bitcoin
Top 10 Derivatives DEX Without Token By 30D TVL Growth
Contango +138%
Wasabi +111%
Particle +105%
Orderly Network +102%
JOJO +87.9%
Storm Trade +83.7%
Merkle Trade +48.2%
BSX Exchange +43.5%
SynFutures +39.5%
Surf Protocol +30.4%
👉 https://cryptorank.io/categories/defi
Top 10 Bitcoin Sidechains by TVL
Merlin - $1.20B
Bitlayer - $299M
Stacks - $255M
Rootstock - $242M
MAP Protocol - $122M
CORE - $40.7M
BSquared - $35.4M
Interlay - $9.8M
BEVM - $5.2M
Rollux - $4.2M
👉 https://cryptorank.io/price/bitcoin
📈Market Overview
Bitcoin trades above $68K. The top-10 cryptos are traded in green zone:
Solana +1%
Dogecoin +0.95%
Cardano +0.65%
Market capitalization: $2.66T (+1.12%)
The BTC dominance: 50.54% (+0.15%)
Fear & Greed Index: 73 (Greed)
👉 Top Gainers
Subsquid (SQD) +40.6%
Toshi (TOSHI) +35.1%
Jasmy (JASMY) +28.4%
TrustSwap (SWAP) +24.2%
DOG•GO•TO•THE•MOON (DOG) +20.8%
👉 Recent Funding Rounds
Babylon $70M Funding round led by Paradigm, with participation from Polychain Capital and HashKey Capital
Neynar $11M Series A round led by Haun Ventures with participation from Coinbase Ventures and Andreessen Horowitz (a16z)
ARPA $6M Strategic round led by DeFiance Capital and Nomura with participation from Animoca Brands
🚀 Aark Digital Announces TGE Event on June 10th
Aark Digital is a decentralized derivatives exchange for professional traders backed by HashKey Capital, Morningstar Ventures and others.
👉 https://x.com/Aark_Digital/status/1795744103940186427
Top 10 Liquid Restaking Projects by TVL
Ether.Fi and Renzo, the two projects that have already distributed airdrops, hold the 1st and 2nd ranks, respectively. Ether.Fi with more generous airdrop secures its top position, followed by Renzo. Other projects have not yet conducted airdrops. However, there are high expectations from Puffer Finance and Kelp DAO.
👉 https://cryptorank.io/tags/restaking
📈Market Overview
Bitcoin trades below $68K. The top-10 cryptos are traded in red zone:
Dogecoin -5.09%
Solana -3.54%
Cardano -2.72%
Market capitalization: $2.65T (-1.61%)
The BTC dominance: 50.43% (+1.26%)
Fear & Greed Index: 73 (Greed)
👉 Top Gainers
The Doge NFT (DOG) +84.4%
Everyworld (EVERY) +50.9%
Stargate Finance (STG) +50%
Bounce (AUCTION) +43.9%
BOSAGORA (BOA) +39.5%
👉 Recent Funding Rounds
Aperture Finance $6.7M Series A round led by Krypital Group, Blockchain Founders Fund and Skyland Ventures
Supervillain Labs $4.5M Seed round led by Aptos and Neowiz with participation from The Spartan Group
Play AI $4.3M Seed round with participation from P2 Ventures, Jump Crypto and MH Ventures
Ethereum Is Now 24th Asset by Market Cap
Amid the recent surge in price, ETH has surpassed Mastercard and is now ranked 24th among all assets by market cap.
👉 https://cryptorank.io/price/ethereum
Top 10 Cosmos Interchains by 30D TVL Growth
Neutron +124%
Nolus +101%
Thorchain +28.0%
Terra Classic +23.5%
Carbon +20.6%
Injective +18.7%
Oraichain +16.0%
XPLA +15.3%
Chihuahua +13.5%
Celestia +13.2%
👉 https://cryptorank.io/tags/cosmos-ecosystem
HyperLane Blast Bridging Campaign by CryptoRank!
Participate in our new campaign on Galxe, farm points and get OAT!
Boost your on-chain activity in Polygon, zkEVM, Scroll, Celo, Gnosis, HyperLane with CryptoRank App!
Deadline is set on June 10!
Join now 👉 https://app.galxe.com/quest/cryptorank/GCDD6tdyV3
Sui's TVL Exceeded $1 Billion
NAVI - $261M
Scallop - $204M
Cetus - $164M
Suilend - $110M
Aftermath - $85.1M
Kriya - $51.0M
FlowX - $30.9M
DeepBook - $29.3M
Haedal - $27.7M
Turbos - $26.6M
👉 https://cryptorank.io/tags/sui-ecosystem
📈Market Overview
Bitcoin trades below $68K. The top-10 cryptos are traded in red zone:
BNB -0.99%
Dogecoin -1.27%
Ethereum -1.82%
Market capitalization: $2.68T (-1.06%)
The BTC dominance: 49.86% (-0.32%)
Fear & Greed Index: 72 (Greed)
👉 Top Gainers
Chappyz (CHAPZ) +119.7%
Turbo (TURBO) +41.8%
Notcoin (NOT) +38.5%
Non-Playable Coin (NPC) +35.4%
Samoyedcoin (SAMO) +35.3%
👉 Recent Funding Rounds
Cysic $12M Pre-Series A round led by HashKey Capital and OKX Ventures with participation from Polychain Capital
MetaLeX $2.75M Seed round led by cyber Fund with participation from Seed Club Ventures and Strangelove Ventures
LayerEdge TBD Pre-Seed round with participation from Blockchain Founders Fund, Founderheads and BreakOrbit