Eigen Foundation (EigenLayer) introduces EIGEN token

- Claims window: Opens May 10, closes in 120 days on September 7, 2024

- EIGEN Stakedrop Season 1 is rolling out in 2 phases.

- Phase 1: Most restakers & liquid staking token holders

- Phase 2: Complex LRT integrations will be eligible after community feedback

Tokenomics:

- Total supply 1.67B

- 45% to community: 15% to each of stakedrops, community initiatives and ecosystem development, respectively

- Out of 15% stakedrops, 5% based on a snapshot on 15 Mar this year (90% immediately claimable)

- 29.5% to investors

- 25.5% to team/ early contributors

- both of total 55% are subject to 1-year cliff + 2-year vesting

- Use case 1: at genesis, users can stake EIGEN to secure EigenDA

Samourai Wallet co-founder Keonne Rodriguez pleads not guilty, released on $1M bond.

Bitcoin Spot ETF Flow - 29th Apr. 2024

- Net outflows for all the Bitcoin ETFs; -$51.6M

- Grayscale had an outflow of -$24.7M

Hong Kong’s crypto ETFs had a soft debut, with trading volume much lower than expected.

> Total trading volume for BTC ETFs was $8.5 million, while ETH ETFs saw $2.5 million.

Over 0.54 million new crypto tokens have been created in 2024 as of early April, which is equivalent to an average of 5,300 new tokens launched every day so far this year.

Roger Ver charged with mail fraud, tax evasion, and filing false tax returns, wanted for extradition to the United States - doj

CZ sentenced to 4 months in prison.

Bitcoin Spot ETF Flow - 30th Apr. 2024

- Net outflows for all the Bitcoin ETFs; -$161.6M

- Grayscale had an outflow of -$93.2M

Bitcoin: Fear And Greed Index

Bitcoin has entered the Neutral Zone. The last time we spent a LONGER period in the Neutral Zone was January 2024. Afterwards, the price upward trend continued.

Tether releases Q1 2024 attestation, reports record net profit of over $4.52 billion.

Bitcoin Spot ETF Flow - 1st Mai 2024

- Record largest daily net outflows for all the Bitcoin ETFs; -$563.7M

- Grayscale had an outflow of -$167.4M

Coinbase Q1 revenue $1.64b (estimated $1.32b)

Bitcoin Spot ETF Flow - 2nd Mai 2024

- Net outflows for all the Bitcoin ETFs; -$34.4M

- Grayscale had an outflow of -$54.9M

3rd May Grayscale (GBTC) Daily BTC Flows: +63.1m; first inflow since ETF conversion

Bitcoin Spot ETF Flow - 3rd Mai 2024

- Net inflows for all the Bitcoin ETFs; +$378.3M

- Grayscale had inflows of +$63M

It is the first positive net flow day since April 23rd, and the largest net inflow day since March 26th.
Grayscale (GBTC) has the first inflow day since ETF conversion.