Crypto Market Daily Review ☀️
The market is neutral. Market cap is $2.62T. Bitcoin is trading at $69.3K
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Lenders using decentralised finance protocol Goldfinch are facing a big hit after another large borrower defaulted on its debts ($5.9 million).
https://www.dlnews.com/articles/defi/goldfinch-borrower-lend-east-defaults-says-warbler-labs/
The United States Court of Appeals for the Second Circuit ruled in favor of Coinbase, confirming that secondary sales of cryptocurrencies on its platform do not violate the Securities Exchange Act.
https://cointelegraph.com/news/coinbase-cleared-in-lawsuit-over-crypto-transactions
Pantera Capital’s roughly $300 million Liquid Token Fund finished the first quarter with a 66% return, helped by cryptocurrencies such as Solana.
https://www.bloomberg.com/news/articles/2024-04-06/pantera-capital-crypto-fund-posts-66-gain-aided-by-solana-sol-token
Investors close to Elon Musk are in talks to help xAI raise $3 billion in a round that would value the tycoon’s artificial-intelligence startup at $18 billion, people familiar with the matter said.
The venture-capital firm Gigafund and Steve Jurvetson, a prominent Musk backer and co-founder of another venture firm, are among the backers considering investing in the round, the people said.
https://www.wsj.com/tech/ai/investors-in-talks-to-help-elon-musks-xai-raise-3-billion-adding-to-industry-arms-race-84ba2328
The KMNO Genesis page is live.
View your allocation here: app.kamino.finance/genesis
https://twitter.com/KaminoFinance/status/1776252670019264626
Fetch.ai, Singularity and Ocean introduced the ASI calculator.
ASI Calculator lets you see how many ASI tokens you get for your holdings: asi.kremalicious.com.
https://twitter.com/SingularityNET/status/1776055654509375974
💧Current state of the market in our weekly overview
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Jupiter massive infra upgrade is happening across the board starting next week.
https://twitter.com/weremeow/status/1776135724540076151
Tomo, the all-in-one social wallet is introducing its launchpad brand Tomoji - The first ERC404 Meme Launchpad on Base.
And with that it is launching its first mint on Tomo’s launchpad, the ‘LONG’ Tomoji.
Start: April 6, 14:00 UTC
Minting price: 0.0404 ETH
Total supply: 10,000
Open to mint: 5,000
Max Mint per account: 5 Tokens
Distribution:
▫️5,000 Tokens for Whitelisted users
▫️5,000 Tokens to Uniswap Liquidity Pool
https://twitter.com/tomo_social/status/1775517408897425833
The Solana network appears to be struggling to keep up with a demand for memecoins, with data showing roughly 75% of transactions on the network currently failing.
The vast majority of failed non-vote transactions were simply “bot spam.”
https://cointelegraph.com/news/solana-struggling-record-seventy-five-percent-trasnactions-fail-memecoin-mania
The Masa Network and MASA token are officially launching on April 11th at 12:00 UTC.
Masa is a decentralized personal data network.
https://twitter.com/getmasafi/status/1775944388314558971
Ankr and WitnessChain have teamed up to ignite innovation with DePIN and AVS collaboration.
WitnessChain is the EigenLayer AVS for DePIN coordination.
https://twitter.com/ankr/status/1775917193718612147
https://www.ankr.com/blog/ankr-and-witness-chain-team-up-for-de-pin-and-avs-innovation/
OKX has listed Zeus Network (ZEUS).
ZEUS is now trading at ~ $0.83.
FDV: ~$843.5M
https://www.okx.com/trade-spot/zeus-usdt
As part of its ongoing efforts to streamline product offerings on the Binance NFT Marketplace, Binance NFT will cease support for trades and deposits of Bitcoin NFTs at 2024-04-18 06:00 UTC. Users are advised to withdraw their Bitcoin NFTs from the Binance NFT Marketplace via the Bitcoin network before 2024-05-18 00:00 UTC.
Starting from 2024-04-18 06:00 UTC, users will no longer be able to buy, deposit, bid on, or list NFTs on the Binance NFT Marketplace via the Bitcoin network. All impacted listing orders will be automatically canceled at 2024-04-18 06:00 UTC.
Please note that Binance NFT Marketplace will not support any further airdrops, benefits, or utilities associated with Bitcoin NFTs after 2024-04-10.
https://www.binance.com/en/support/announcement/binance-nft-update-on-bitcoin-nfts-2c2fb8f1f5e9421e8f777407a58df111
Ripple CEO predicts crypto market will double in size to $5 trillion by the end of 2024.
https://www.cnbc.com/2024/04/08/ripple-ceo-crypto-market-to-double-in-size-to-5-trillion-in-2024.html
Andre Cronje shared plans to create a framework for meme coins on Fantom.
https://twitter.com/AndreCronjeTech/status/1776840146685415930
Andre Cronje has stood up for Solana.
https://twitter.com/andrecronjetech/status/1776492925838344398
Terraform and its co-founder, Do Kwon, were found liable on civil fraud charges on Friday in a case brought against the Securities and Exchange Commission last year.
https://www.theblock.co/post/286557/terraform-co-founder-do-kwon-found-liable-for-fraud-reports
JPMorgan predicts eventual SEC approval for spot Ethereum ETFs.
https://www.theblock.co/post/286718/sec-spot-ethereum-etf-jpmorgan
Grayscale has adjusted its cryptocurrency funds, excluding ADA from its Digital Large Cap Fund and ATOM from its Smart Contract Platform.
https://twitter.com/esatoshiclub/status/1776201304412475402
Binance сompletes integration of 35 new dApps on Binance Web3 Wallet (March 2024).
The newly added dApps include: Aevo, Ambient Finance, BAC Games, bevm.io/brdige, Blast Off, Blaster Swap, Celluar, CryptoMaze, Cyber8Ball, Ethena, ether.fi, FBPAY, Jumper.Exchange, Kinza, LayerSwap, LifeForm, Link3, Lista DAO, MonoSwap, Mute.io, OmniBTC, Particle, Puffer.fi, Satori Perp, Satoshi Protocol , Syclub, SyncSwap, SynFutures, Thena Finance, Ulti-pilot, Whales.Market, XY Finance, Zerolend, zkSwap Finance, Zorro.
https://www.binance.com/en/support/announcement/binance-completes-integration-of-35-new-dapps-on-binance-web3-wallet-march-2024-a5de437a88854f5c96100fd53d8b17a9
Mazda released an NFT collection on Astar zkEVM.
https://twitter.com/AstarNetwork/status/1776052387503026211
💧 Top 5 Early Investor Token Unlocks in April
👉 https://dropstab.com/insights/vesting
Mocaverse, the marquee growth network with an interoperable infrastructure layer of Account, Identity, Reputation, and PointFi systems seeded by Animoca Brands, announced a strategic collaboration with CoinList to co-launch MocaList, a token launch platform exclusively for the Mocaverse community.
This April, MOCA Coin will be the first token sale to launch on MocaList.
https://www.animocabrands.com/mocaverse-and-coinlist-to-co-launch-mocalist
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $2.52T. Bitcoin is trading at $67K
dropstab | icodrops | twitter | telegram
DWS, an asset manager with over $900 billion in assets under management, has launched new Xtrackers Exchange-Traded Commodities (ETC) in collaboration with Galaxy Digital Holdings Ltd.
https://bitcoinmagazine.com/markets/900-billion-dws-launches-physical-bitcoin-etc-in-germany
Xterio to launch gaming-oriented blockchain with AltLayer, aiming for wider Web3 gaming adoption.
https://cointelegraph.com/press-releases/xterio-to-launch-gaming-oriented-blockchain-in-with-altlayer-aiming-for-wider-web3-gaming-adoption
Ripple is introducing its own stablecoin pegged to the price of the U.S. dollar this year.
https://www.coindesk.com/tech/2024/04/04/ripple-developer-behind-xrp-ledger-enters-stablecoin-fray-vs-tether-usdc/
Spot Bitcoin ETF flows turned positive for the week yesterday, adding $113.5 million in net inflows.
https://www.theblock.co/post/286429/spot-bitcoin-etf-flows-turn-positive-for-the-week-grayscale-gbtc-outflows-slow