Two SEC lawyers resign after agency censured for abuse of power in crypto case - BBG

Bitcoin Spot ETF Flow - 22nd Apr. 2024

- Net inflows for all the Bitcoin ETFs; +$62.2M

- Grayscale had an outflow of -$35M

Magpie Protocol Exploited

Be careful because there are a lot of scam links taking advantage of this situation.

Stay safe!

Transactions on the TON network have been up over 100% since mid-March.

Bitcoin Spot ETF Flow - 23rd Apr. 2024

- Net inflows for all the Bitcoin ETFs; +$31.6M

- Grayscale had an outflow of -$66.9M

Hong Kong bitcoin and ether ETFs to start trading April 30

Bitcoin Spot ETF Flow - 24th Apr. 2024

- Net outflows for all the Bitcoin ETFs; -$120.6M

- Grayscale had an outflow of -$130.4M

SEC postpones decision on listing and trading spot Bitcoin ETF options until May 29th.

Bitcoin Spot ETF Flow - 25th Apr. 2024

- Net outflows for all the Bitcoin ETFs; -$217.6M

- Grayscale had an outflow of -$139.4M

Base DeFi TVL is now close to $1.6B, nearly a 100% increase in 1 month.

Bitcoin Spot ETF Flow - 26th Apr. 2024

- Net outflows for all the Bitcoin ETFs; -$83.6M

- Grayscale had an outflow of -$82.4M

The market is correcting, and we've had another week where total Bitcoin ETF flows were negative.

Sentiment is declining, and we're also seeing people capitulate.
You know what that means....

SO NOW is the moment to unite our forces and ignite the preparations for the long-awaited hot phase.

What we've seen in terms of top performers in recent months is incomparable to what happens in a TRUE altcoin season.

In today's TL;DR issue, we've summarized the most important information from the past week for you.

Enjoy your Sunday and prepare yourself for the amazing times ahead!

Thanks,
The Alchemic One (TAO)

Market Data for This Week

Monday
GER - CPI Inflation (APR)
CN - Manufacturing PMI (APR)
CN - Non-Manufacturing PMI (APR)

Tuesday
US - Chicago PMI (APR)
US - CB Consumer Confidence (APR)
CA - GDP (MAR)
GER - GDP (Q1)
EU - GDP (Q1)
EU - CPI Inflation (APR)

Wednesday
US - FOMC Interest Rate
US - ISM Manufacturing PMI (APR)
US - JOLTS Job Openings (MAR)
US - ADP Employment (APR)

Thursday
US - Trade Balance (MAR)
US - Jobless Claims (APR)

Friday
US - Nonfarm Payrolls (APR)
US - ISM Non-Manufacturing PMI (APR)
US - S&P Services PMI (APR)

Digital Asset Fund Flows - Weekly

- Saw outflows for the third consecutive week totalling $435M, hitting the highest level since March.

- Grayscale saw $440M in outflows, the lowest in nine weeks, while new issuers had reduced inflows.

- Outflows were solely focused on Bitcoin and Ethereum; Other altcoins like Solana, Litecoin, and Chainlink continued to see inflows.

- Trading volumes in ETPs dropped to $11.8Bn last week from $18Bn the previous week.

Tether invests $200 Million in biotech firm Blackrock Neurotech; a biotech company that builds tools to help people afflicted with paralysis, lost function, and neurological disorders..