Bank of America raised Coinbase to neutral from underperform and boosted its price target to $217 from $110.
The current macro backdrop has been positive for crypto market cap growth and trading volumes, the report said.
https://www.coindesk.com/business/2024/05/17/coinbase-upgraded-to-neutral-from-underperform-at-bank-of-america-on-positive-crypto-market-dynamics/
1,030,383,291.36 Notcoin ($6.8M USD) were sent as donation to Pavel Durov and Telegram.
https://x.com/thenotcoin/status/1791438097541914744
5ire has introduced the Testnet Thunder ecosystem
Testnet Thunder ecosystem is a suite of tools and platforms designed to empower developers, validators, and users in the realm of blockchain technology:
1. 5ire Explorer
2. 5ire Validator & Nominator App
3. 5ire Wallet
4. 5ire Staking
5. 5ire IDE
5ire has also announced 5 million $5ire airdrop for validators and nominators.
https://twitter.com/5ireChain/status/1790445724343365634
💧 Top Funding Rounds in the Last Week
👉 https://dropstab.com/insights/latest-fundraising-rounds
Subsquid (SQD) trading has started on Bybit, Gate, MEXC, Kucoin and Coinlist.
SQD is now trading at $0.2 (~2,1x from the token sale price on CoinList: $0.094).
FDV: $268M
https://www.bybit.com/en/trade/spot/SQD/USDT
Stacks co-founder: “The ALEX private key compromise is unfortunate. There is no Clarity contract issue or exploit, though.
The ALEX team is hardworking and well-meaning, and they are working with exchanges to freeze funds.”
https://x.com/muneeb/status/1791143724719677820
Magic Eden announces that the token claim is coming in Q3.
https://twitter.com/MagicEden/status/1791137664587993496
US Senator Cynthia Lummis posts Bitcoin laser eyes after pro-crypto legislation passed in the Senate.
https://x.com/watcherguru/status/1791186480167334035
https://twitter.com/SenLummis/status/1791181277044875366
CoinList has announced the NATIX token launch.
The NATIX purchase period begins on May 16, 2024 at 17:00 UTC and ends on May 23, at 17:00 UTC.
The launch has one public option:
Supply: 5,000,000,000 NATIX tokens (5% of the total token supply)
Price: $0.001
Lockup & Release: 25% unlock on TGE followed by a 6-month linear release. TGE is expected to occur on or around June 25, 2024.
Initial Purchase Limits: $100.00 minimum, $2,000.00 maximum (USDT/USDC only)
https://coinlist.co/natix
XION is bringing Chain Abstraction to the Avalanche ecosystem through its Landslide integration.
https://twitter.com/burnt_xion/status/1791123183921201385
Tether is joining forces with Oobit, a mobile payment app, and the TON Foundation to create seamless crypto-payment solution.
https://tether.io/news/tether-collaborates-with-ton-foundation-and-oobit-to-create-seamless-crypto-payment-solution/
Internet Computer has introduced its updated roadmap.
dfinity/the-internet-computer-roadmap-62487bdce289" rel="nofollow">https://medium.com/@dfinity/the-internet-computer-roadmap-62487bdce289
Drift Protocol (DRIFT) trading has started on Bybit.
DRIFT is now trading at $0.6.
FDV: $612M
Claim starts at 12:00 UTC
https://drift.foundation/
https://www.bybit.com/en/trade/spot/DRIFT/USDT
CyberConnect has rebranded to Cyber, the L2 for social.
Mint the commemorative NFT to celebrate L2s gettin' social here: cyber.co/mint
https://twitter.com/BuildOnCyber/status/1790709974374768960
Top 100 gainers in 24h: FTM +23%, BOME +22%, SEI +19%, BEAM +18%, GRT +17%, IMX +16%.
https://dropstab.com/insights/top-performance
JPMorgan has revised its bitcoin production cost estimate to $45,000.
https://www.theblock.co/post/295005/jpmorgan-revises-bitcoin-production-cost-estimate-to-45000
LayerZero CEO said that more than 338k Sybil addresses self-reported.
https://x.com/PrimordialAA/status/1791353106208542849
Common Wealth is Excited to Announce the Public Sale of $WLTH 🔥
Common Wealth is the ONLY protocol offering retail investors a seat at the same table as VCs.
Common Wealth has successfully launched The World's First Free VC Fund with its partners.
Its 2nd fund, “Alpha Fund”, also sold out in record time as demand was incredibly high!
Team Background
🤝 Facebook, Google, Wyre, Activision-Blizzard, Outlier Ventures, Cardano, Intel, State Street Bank
Notable Supporters
🤝 Kyle Chasse, Crypto Banter, Ivan On Tech, Altcoin Daily, AltCoinBuzz, Moby Media, Virtual Bacon and Sports Celebrity AB de Villiers
Backed By
🤝 A195 Ventures, CSP DAO, Black Dragon, Brotherhood Ventures, Metavest Capital, Master Ventures, Andromeda Capital, PAID Network & Cypher Capital and many more...
Deal Flow Expert Oracles
🤝 Nenter Chow of Animoca Brands, Jack Ratkovich of Hashkey Capital, Karan Gandhi of Cypher Capital, and Oliver Blakey of Paper Ventures.
Token Sale:
⏰ 11:00 UTC, 22nd May - Early Pool (for $PAID Stakers)
⏰ 11:00 UTC, 23rd May - Open Pool (FCFS Basis)
Ticker: $WLTH
ICO Token Price: $0.06
Allocation for Sale: 15% of Supply (150,000,000)
👀 Please note that the Early Pool is for PAID Stakers who have staked 75,000 $PAID Tokens and above, it starts on 22nd at 11:00 UTC.
Open Pool is open for All, anyone without PAID tokens can come in and Participate, it starts on 23rd at 11:00 UTC.
Official Link To $WLTH Sale: https://paid.network/commonwealth
Official Social Media Links:
✖️ Official X Account: +100k followers
✈️ Telegram Official Chat: 18k Members
📢Telegram Announcements: 13k Members
💻 Website
📺 App
#sponsored
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $2.39T. Bitcoin is trading at $65.7K
dropstab | icodrops | twitter | telegram
Peaq has secured $20 million in the largest CoinList launch in over two years.
Over 14,500 community members contributed over $36 million to oversubscribe peaq’s token launch on CoinList.
https://x.com/peaqnetwork/status/1791158696052916499
Solana-based memecoin launchpad Pump.fun was hacked for approximately 12,300 SOL, valued around $1.9 million.
Pump.fun said a former employee was behind the exploit.
The platform laid out plans to compensate users that suffered from the exploit in a post-mortem posted on X.
https://www.theblock.co/post/295029/pump-fun-post-mortem
https://twitter.com/pumpdotfun/status/1791235050643636303
The Senate voted 60 to 38 on Thursday on a resolution to overturn the SEC’s SAB 121, which establishes certain accounting standards for firms that custody crypto.
The resolution will likely be vetoed when it reaches President Joe Biden’s desk.
https://www.theblock.co/post/294949/us-senate-passes-measure-withdrawing-sec-accounting-bulletin
Gnosis announces the launch of Genome, a digital ID service native to Gnosis Chain.
Developed in collaboration with SpaceID, a Web3 domain and identity platform, and the Web3 messaging protocol dm3, Genome simplifies the process of sending and receiving transactions within the Gnosis ecosystem by converting complex wallet addresses into human-readable names.
https://www.gnosis.io/blog/gnosis-launches-genome-naming-service-extending-ens-for-web3-identity-within-gnosis-and-wider-web3-ecosystem-2
Bybit will list Subsquid (SQD) on May 17th at 8:00 UTC.
SQD will also have listing on Gate, MEXC, KuCoin and Coinlist.
https://twitter.com/Bybit_Official/status/1791091232292159907
🍺 Beercoin (BEER) Pre-Sale started on May 16th, 12:00 UTC!
BEER is the next big meme on Solana 💛
📎 Key benefits:
🍺100K+ followers across all social media in just a few days
🍺Huge web2 and web3 KOLs shilling it
🍺Team is crypto OGs and they claim that listings are on tier-1/2 cexes are confirmed
🍺Meme potential is incredible
📌BEER team has revealed a huge bonus for those who hop into the pre-sale. Each participant will get 20% more tokens.
📌Anyone can enter in a range from 0.5 up to 1000 SOL.
contact address 👉 FkC84JH6HnRCTLch8KhzCc9d5KMBt93zuW2apSKXFovY
🌐 Links: Website◻️Twitter◻️Telegram
#sponsored
Notcoin (NOT) trading has started on Binance, OKX, ByBit.
NOT is now trading at $0.01.
FDV: $1B
https://www.binance.com/en/trade/NOT_USDT
Tornado Cash developer Alexey Pertsev appeals guilty verdict.
https://www.coindesk.com/policy/2024/05/16/tornado-cash-developer-alexey-pertsev-appeals-guilty-verdict/
💧 New Coins in ✨Accumulation Phase Backed by Top Tier Funds
👉 https://dropstab.com/tab/accumulation-with-top-funds-sr3wocefnz
Zentry launched a website with 4 apps.
▫️NEXUS - Zentry’s gamified staking and Social Gateway Hub for investors of ZENT.
▫️ RADIANT - The world’s first cross metagame platform.
▫️ ZIGMA - An anime and gaming-inspired NFT collection.
▫️ AZUL - A cross-world AI companion that elevates gameplay, making it more fun and productive.
https://twitter.com/ZentryHQ/status/1790747939230597149
https://zentry.com/