#DailyNews

➡️According to Santiment data, wallets holding balances of $5 million or more have increased their holdings of stablecoins by 5.09% of the total supply of USDT, USDC, DAI, and USDP on the market.

🔥On 3rd April, there was a net inflow of +$113.4 million into spot BTC-ETFs (compared to +$40.3 million the previous day).

💰The SEC has opened up comment periods regarding spot ETH-ETFs.

💰Ripple is launching a stablecoin fully backed by deposits in US dollars, US government bonds and cash equivalents.

🔔Bitcoin Cash has successfully undergone its halving.

📌According to Santiment, the ENA token is among the most discussed topics amid the market correction.

🔥Gainers:
Degen (#DEGEN): 0.05105 USDT (+16.81%)
Ethena (#ENA): 1.11 USDT (+10.81%)
Chiliz (CHZ): 0.143322 USDT (+8.08%)

💩Losers:
PLC Ultima (#PLCU): 154.69 USDT (-17.27%)
PLC Ultima Classic (#PLCUC): 55 USDT (-5.35%)
Dogwifhat (#WIF): 3.87 USDT (-1.98%)

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💰On 4th April, there was a net inflow of +$106.8 million into spot bitcoin ETFs, compared to +$113.4 million the day before.

🔴According to Santiment, negative sentiments toward bitcoin have persisted for three weeks.

🔥CryptoQuant data indicates significant profit-taking in bitcoin from short-term traders and long-term holders.

🔔In March, the number of new addresses in Polkadot parachains hit a monthly record, exceeding 1.5 million (+400%).

➡️Ethena Labs developers have added bitcoin to support the synthetic dollar USDe.

📌March also saw a historically high number of addresses holding meme tokens for less than 30 days.

🔥Gainers:
PLC Ultima (#PLCU): 188.99 USDT (+22.17%)
Toncoin (#TON): 5.42 USDT (+6.07%)
Bitcoin Cash (#BCH): 698.72 USD (+5.71%)

💩 Losers:
Degen (#DEGEN): 0.03335 USDT (-33.84%)
Dogwifhat (#WIF): 3.43 USDT (-12.36%)
Ethena (#ENA): 0.9635 USDT (-11.3%)

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➡️The volume of cryptocurrency trading has hit a new high: in March, the combined volume of spot and derivative trades surged by 92.9% to a record $9.1 trillion.

🔥According to Coinshares' weekly report on financial flows in crypto products, there was an influx of $646 million last week.

💯Even several weeks after reaching an all-time high, trading volumes in spot bitcoin ETFs remain robust.

💰According to Santiment, wallets holding 100 – 100,000 bitcoins balances continue accumulating, while wallets with less than 100 BTC sell off.

💰Charles Hoskinson has announced that the Chang hard fork on the Cardano network is planned for the second quarter of 2024. This marks the most significant blockchain update since the launch of Vasil.

💰TON's roadmap for 2024 includes the launch of gasless transactions, wallet v5, and a new cross-chain technology called Teleport, along with plans for expansion in Asia.

🔴Ethena Labs is increasing staking rewards.

🔥Gainers:
Neo (#NEO): 18.8 USDT (+21.15%)
Qtum (#QTUM): 5.05 USDT (+16%)
Degen (#DEGEN): 0.038 USDT (+13.83%)

💩 Losers:
EXMO Coin (#EXM): 0.01006749 USDT (-2.54%)
Bitcoin Cash (#BCH): 681.35 USDT (-1.68%)
Solana (#SOL): 179.94 USDT (-1.07%)

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🔴Coinshares' weekly report on cryptocurrency product flows revealed a $125 million outflow last week.

💰BlackRock boosted its bitcoin holdings to 270,976 coins for its spot bitcoin ETF, up from 269,313 coins previously.

🔥The profit/loss ratio for bitcoin dropped below 1, indicating that investors are currently facing more losses than gains.

🔔According to 10xResearch, miners could sell off $5 billion worth of bitcoins after the halving, with sales potentially spanning 4-6 months.

💰Solana developers rolled out update 1.17.31 for validators on the main network to address recent blockchain congestion issues.

➡️Pavel Durov is set to unveil the first tangible and valuable use case scenario for TON at the TOKEN2049 conference.

💰In the global Top 10 cryptocurrencies, TON climbed to 8th place, surpassing DOGE.

🔥Gainers:
Qtum (#QTUM): 4.70 USD (+17.13%)
Degen (#DEGEN): 0.023501 USDT (+16.9%)
Neo (#NEO): 19.51 USD (+11.41%)

💩 Losers:
PLC Ultima Classic (#PLCUC): 48.36 USDT (-9.28%)
Harmony (#ONE): 0.02068001 USDT (-3.6%)
Tether Gold (#XAUT): 2,347.37 USDT (-2.73%)

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💰Santiment notes a rapidly growing FUD in bitcoin and ETH.

🔥Bernstein expects a bitcoin rally to resume after the halving. The target price is $150,000.

⚠️Goldman Sachs emphasises not heavily relying on data from previous halving cycles to forecast bitcoin's behaviour after the 2024 halving. Macroeconomic conditions are very different now.

➡️According to Glassnode, for the first time since October 2023, whales have shifted from "accumulation" to "distribution" of bitcoins.

🔴QCP Capital anticipates a "consolidation" in the crypto market amidst bitcoin's halving.

🔥Gainers:
FLOKI (#FLOKI): 0.00015999 USDT (+15.72%)
Degen (#DEGEN): 0.02345 USDT (+11.93%)
Sui (#SUI): 1.25 USDT (+8%)

💩 Losers:
PARSIQ (#PRQ): 0.12714004 USDT (-11.05%)
Pepe (#PEPE): 0.000005 USDT (-9.9%)
EOS (#EOS): 0.81 USD (-9.42%)

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💰The IMF noted that bitcoin has become a necessary financial instrument for preserving savings in conditions of economic instability.

🔔There are 30 blocks left until bitcoin's halving event.

📌The unrealised profits of short-term bitcoin holders have dropped almost to zero, reducing incentives for further selling.

🔴According to CryptoQuant, a record accumulation of bitcoin was observed before the halving – 27,700 coins per day.

✈️During his presentation at the Token 2049 conference, Pavel Durov announced that Telegram is tokenising stickers.

💰Telegram will soon enable users to tip content creators – all within the TON ecosystem.

👀The TON network has launched the USDT stablecoin.

🔥Gainers:
Dogwifhat (#WIF): 3.01 USDT (+18.82%)
PLC Ultima Classic (#PLCUC): 52 USDT (+13.04%)
Degen (#DEGEN): 0.025003 USDT (+12.34%)

💩 Losers:
NEAR Protocol (#NEAR): 5.59 USDT (-3.2%)
PARSIQ (#PRQ): 0.13155511 USDT (-2.43%)
Chiliz (#CHZ): 0.10300004 USDT (-1.94%)

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🔴A weekly report from Coinshares on crypto product flows showed an outflow of $206 million for the past week.

💰Historically, there has been significant volatility immediately after the bitcoin halving event in the short term. In the long term, there has been a growth of hundreds of per cent.

🔔Glassnode reports that, judging by the NUPL indicator, most long-term bitcoin holders remain steadfast and continue to hold their coins.

👀BlackRock increased the bitcoins on its balance sheet to 273,596 coins for its bitcoin spot ETF (compared to 272,844 bitcoins previously).

💰The Shiba Inu team presented a major update to the Shibarium blockchain, prioritising user interaction and speed.

🔥Gainers:
NEAR Protocol (#NEAR): 6.97 USDT (+12.75%)
Pepe (#PEPE): 0.00000651 USDT (+9.59%)
Polkadot (#DOT): 7.42 USDT (+4.81%)

💩 Losers:
Degen (#DEGEN/): 0.026488 USDT (-2.79%)
Dogecoin (#DOGE): 0.165544 USD (-2.62%)
Dogwifhat (#WIF): 2.90 USDT (-2.34%)

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💰According to Glassnode, the bitcoin emission rate dropped below the gold mining rate after the halving.

🔥For the first time in the past five years, bitcoin has outperformed Tesla in terms of profitability. Bitcoin has grown by 1181%, while TSLA has grown by 806%.

🔔Santiment observes purchases from "key" wallets holding between 1,000 and 10,000 bitcoins.

➡️As expected, the SEC has delayed reviewing applications for spot ETH-ETFs from BlackRock, Franklin Templeton, and Grayscale.

💰IntoTheBlock reports that the number of active addresses on the TRON network is 2.27 million, 37% higher than last month's figure.

🔥Gainers:
Algorand (#ALGO): 0.22354978 USDT (+15.19%)
PLC Ultima Classic (#PLCUC): 54.99 USDT (+12.24%)
Dogwifhat (#WIF): 3.31 USDT (+10.37%)

💩 Losers:
Degen (#DEGEN): 0.025507 USDT (-9.55%)
Ethena (#ENA): 0.9185 USDT (-8.12%)
Pepe (#PEPE): 0.00000718 USDT (-6.14%)

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➡️Inflation in the USA eased to 3.4% (previously 3.5%), prompting a notable surge in cryptocurrencies.

🔥Mike Novogratz, director of Galaxy Digital, predicts that bitcoin's price will fluctuate between $55,000 and $75,000 by the end of June.

🔴On 14th May, the net inflow into spot bitcoin ETF reached $100.5 million.

💰Santiment observes a persistent prevalence of "negative" sentiment in bitcoin.

💰According to CryptoQuant, TON is currently the top L1 cryptocurrency of 2024, surpassing Bitcoin by 118%.

🔥 Gainers:
FLOKI (#FLOKI): 0.00022142 USDT (+12.92%)
NEAR Protocol (#NEAR): 7.76 USDT (+9.62%)
Render (#RNDR): 10.99 USDT (+8.96%)

💩 Losers:
Degen (#DEGEN): 0.015225 USDT (-11.09%)
Cosmos (#ATOM): 8.75 USD (-5.51%)
MANEKI (#MANEKI): 0.00566798 USDT (-4.25%)

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