BTC ended April with a 14.7% gain

Funny thing is that it ended April 2024 with a 14.7% drop

DropsTab: recent top crypto funding rounds by major funds

Cryptorank: top 10 networks by earned commissions in April

Robinhood snaps up Canadian crypto exchange WonderFi.
Because if you can’t beat the market, buy a local version of it

XRP open interest surging hard in May.
The crowd’s placing bets — and the market’s sharpening the liquidation wick

May 12 saw the largest daily outflow of BTC from Coinbase exchange - Glassnode data

Last Week In Crypto

Bitwise CIO: BTC is great, but don’t ignore the rest.
Mentions ETH, SOL, AVAX, LINK as worthy contenders

Bitcoin Dominance Drops as Crypto Market Rises

Bitcoin dominance  currently sits at around 59%, which is considered relatively high. However, due to the low price base of many altcoins, they have outperformed Bitcoin during the recent market rally

Top blockchains by growth in locked-in value (TVL) over the last month - DropsTab data

Whales yanked 1,000,000 ETH off exchanges over 4 weeks.
Not your keys, not your coins — and they clearly got the memo

BTC’s real believers are moving — long-term holders ramping up accumulation since April.
They buy while others cope

Coinbase isn’t just trading — it’s collecting exchanges now.
Deribit secured, more acquisitions incoming

The volume of illiquid BTC supply (the number of BTC that are often not sold) broke a record, exceeding 14 million BTC - Cryptorank data

BTC has quietly become the new gold for Americans:
49.6M hold Bitcoin
Only 36.7M own gold
The flippening isn’t coming — it already happened

BlackRock has initiated the first direct DeFi integration of its sBUIDL tokenized treasury fund with Euler on the Avalanche network, using Securitize's sToken platform so that #sBUIDL tokens can be used as collateral for lending and borrowings

How Bitcoin drives memecoin launches

Bitcoin  rally in late 2024 was accompanied by a sharp spike in memecoin launch activity. BTC price and the number of tokens launched via Solana memecoin launchpads show a clear correlation.

Notcoin (NOT) token was launched exactly one year ago

- 73% since launch

Memcoins on pampa today

#PNUT = +20%
#WIF = +12%
#MEME = +10%
#PEPE = +9%
#BONK = +8%
#FLOKI = +6%

Technical analysis? Forget it. It's just the mood of the internet

ETH supply on exchanges continues to decline rapidly