Crypto Pro Updates
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🐳 This is insane!

Whale 0x9D32 is heavily shorting oil, with total positions reaching $74.66M.

β€’ 39,900 xyz:CL ($37.95M)
β€’ 39,000 xyz:BRENTOIL ($36.71M)

Liquidation prices:
β€’ xyz:CL: $141.23
β€’ xyz:BRENTOIL: $141.6 link

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πŸ’° Scroll (SCR), the first project to be traded pre-market on Binance, currently has a market capitalization of only $8.16 million, having fallen 83% in the past year.

Scroll previously raised $50 million in 2023 at a valuation of $1.8 billion.

Scroll has received praise from Vitalik and EF multiple times and is considered a benchmark for Ethereum's zkEVM. link

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πŸ•΅οΈ StarkWare's CPO Avihu Levy released a paper proposing Quantum Safe Bitcoin (QSB), a scheme that makes Bitcoin transactions quantum-resistant without soft forks.

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πŸ† On April 9 (ET), spot Bitcoin ETFs recorded a total net inflow of $358 million.

Spot Ethereum ETFs saw a total net inflow of $85.1861 million. link

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πŸ‡»πŸ‡³πŸ”“ OKX and HashKey are investing in a new exchange in Vietnam ahead of the active process of licensing cryptocurrency companies. link

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πŸ•΅οΈ Ethereum's staking ratio has hit an all-time high, with the network now secured by approximately $85 billion worth of staked $ETH, according to Token Terminal.

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πŸ‡»πŸ‡³πŸ“Š OKX Ventures has made a strategic investment in Vietnam’s CAEX Exchange, partnering with VPBankS, LynkiD, and HashKey Capital. The parties will inject capital in April to meet the minimum VND 10 trillion (approximately $380 million) requirement for Vietnam’s government pilot program for regulated crypto asset trading, while also supporting CAEX’s development in compliance, security, risk management, and liquidity. #regulation link

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πŸ•΅οΈ Grayscale Ethereum Mini Trust has staked 83,200 #ETH ($184 million). link

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πŸ“Š TVL on Tron has been growing over the past month and has now reached $26.64B, with a 30-day increase of 15.6%. link

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πŸ‡―πŸ‡΅πŸ—½ Japan officially approves bill to recognize cryptocurrency as a financial asset.

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πŸ•΅οΈ #BTC Researcher BTC has developed a method that can instantly make Bitcoin transactions quantum-secure without the need for a soft fork. link

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🐳 Whales keep buying $HYPE!

A newly created wallet (0x96eb) deposited 5M $USDC into Hyperliquid to buy $HYPE and has already purchased 59,239 $HYPE for $2.39M. link link

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πŸ‡ΊπŸ‡ΈπŸ“Š #ETH #BMNR Bitmine shares have started trading on NYSE, with the buyback volume increased to $4 billion. link

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πŸ˜±πŸ€‘ Fear & Greed Index for #BTC
πŸ•΅οΈ #ETH Ethereum Network Activity Reaches New ATH: A Bullish Fundamental Divergence

β€œIf this strong utility trend persists, the probability of the price eventually catching up with these robust on-chain fundamentals in the mid-term remains highly favorable.” link

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πŸ“Š Exclusive: Binance, the world's largest cryptocurrency exchange, is relocating its staff from the UAE to Hong Kong, Tokyo, Kuala Lumpur, and Bangkok due to the war.

WuBlockchain has learned that following the devastating impact of the war, Binance has offered its employees four relocation options: Hong Kong, Tokyo, Kuala Lumpur, and Bangkok.

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πŸ‡­πŸ‡°πŸ“Š Just In: The Hong Kong Monetary Authority has released the first two stablecoin issuer licenses:

The Hongkong and Shanghai Banking Corporation Limited

Anchorpoint Financial Limited (a joint venture between Standard Chartered Bank, Animoca Brands, and Hong Kong Telecom). #stablecoin link

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πŸ§‘β€πŸ’» #BGB #RWA Bitget has launched IPO Prime, a new market providing access to tokenized assets before IPO. theblock link

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🐳 The OTC whale who previously bought 163,405 $ETH ($440M) and 4,000 $cbBTC ($296M) sold 899,999 $RAVE ($229K) at break-even three weeks ago.

Today, the price of $RAVE has risen by 226%, meaning he would currently have a profit of $870K if he hadn't sold. link

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😱 Former CEO of the world's largest auction house, Sotheby's, Tad Smith, stated that "the bears are doing hard work to keep Strategy $MSTR down here, and I think it’s poised to go higher." He added, "the balance of the weight is going to favor the bulls." link

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πŸ‡ΊπŸ‡ΈπŸ“ˆ US inflation rises to 3.3%. #macro

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